Neyveli Lignite Corporation

Neyveli Lignite Corporation (NLC) is an Indian government owned mining company which operates the Neyveli Thermal Power Station and the Neyveli Lignite Mine.

Proposed coal power stations and mines
As demand for electricity has grown rapidly, the Neyveli Lignite Corporation have proposed to build a number of new lignite and coal fired power stations and associated coal mines. These are the:


 * Bithnok Thermal Power Project, a 250 megawatt lignite fired power station with the associated Bithnok lignite mine near Bithnok in Bikaner District, Rajasthan state, India;


 * the the 375 megawatt (MW) Barsingsar Thermal Power Project, which has been partly commissioned, and the associated Barsingsar Mine.


 * Gujarat Power Project is a proposed 500 megawatt (MW) coal plant of Neyveli Lignite Corporation (NLC) in Gujarat state, India.

Projects cancelled
In May 2011, NLC announced that it was cancelling previous plants to build a 2,000 MW power project in Orissa in a three-way joint venture with Mahanadi Coal Fields Ltd and Hindalco Industries. The company also announced it was cancelling a 1,000 MW power project in Madhya Pradesh with Northern Coalfields Ltd.

Principal bankers
In its 2010/2011 annual report, NLC lists its "principal bakers" as being:
 * State Bank of India
 * Canara Bank
 * Central Bank of India
 * Syndicate Bank
 * Credit Agricole Corporate & Investment Bank
 * United Bank of India
 * Indian Bank
 * Karur Vysya Bank Limited
 * Indian Overseas Bank

Contact details
Block - 1, Neyveli - 607 801, Cuddalore District, Tamilnadu. Website: http://www.nlcindia.com/

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