Neyveli Lignite Corporation Limited, a “Mini Ratna” Public Sector Enterprise, under the administrative control of Ministry of Coal (MOC) is a pioneer among the public sector undertakings in Mine cum energy sector.
The company has a cumulative capacity of 30.6 MTPA of lignite and 2490MW of installed capacity generation. In the latest announcement the company, has announced that it will diversify into new areas of power production including projects based on renewable energy (wind power, solar power and hydro power).
The company in May last year, had mentioned that as a first step the board has approved the spend of Rs.325 Crore for the setting up of 50MW wind farms in Tamil Nadu in the districts of Theni and Tirunelveli. The company had then mentioned that the first units would go on stream in October or November last year.
After that there has been no progress or updates on the same, and a number of other PSU’s have made announcements and commissioning of wind projects in the mean time. Most recently SJVN has planned for a 50MW project at a cost of about Rs. 3bn.
Now finally, according to reports, the Coal Ministry has said state-owned Neyveli Lignite Corporation’s (NLC) Rs 312 crore wind power project in Tamil Nadu will be commissioned by early next year. The ministry, in its strategic plan documents for another five starting next financial year, said that the order for the wind farm project will be placed by June 30.
The tendering and evaluation of bids was in process for the said green power project, the company had said.
The Coal Ministry also said the mini ratna firm will also commission its 25-MW Solar Photo Voltaic Power project by the end of next year.
“To set up a 25 MW solar photo voltaic power project (to prepare feasibility report and seek approval by June, 30, 2011 to place order by December, 31, 2011 and to commission the project by December, 31, 2012,” the Coal Ministry said.