NLC to invest Rs 6,120 crore in Rajasthan
State-run Neyveli Lignite Corporation will invest Rs 6,120 crore for setting up lignite mines and lignite-fired thermal power plants in Rajasthan.
"We will invest Rs 6,120 crore in Rajasthan for setting up lignite mines and power generation capacity of around 750 MW," acting Chairman and Managing Director, NLC J N Prasannakumar told PTI.
Under the new plan, NLC would set up lignite mines with the capacity of 2.1 million tons per annum each in Riri, Bithnok and Hadla.
The company has also planned to set up two power plants of 250 MW each in Riri and Bithnok. Hadla mine would feed Barsingsar power plant, 15 Km away from the mine. The capacity of Barsingsar would doubled under the new plan to 500 MW.
Prasannakumar said, "Earlier, NLC had planned to invest Rs 1,880 crore for setting up a 250 MW power plant and a lignite mine at Barsingsar. We decided to invest more after considering high potential of lignite-fired thermal power plants in Rajasthan."
NLC's total investment in the state would now stand at Rs 8,000 crore. Rajasthan has the second largest lignite reserves in the country. The state has 3,099 million tons of lignite which is around 6.7 per cent of total reserves of the country. Tamil Nadu has 87 per cent of country's lignite reserves.
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