NLC India to roll out power, mining projects worth over Rs 43,000 crore

The company signed a JV agreement with Coal India Ltd (CIL) to set up 5000 Mw of solar and thermal projects. These projects are expected to commence between 2023 and 2027

NLC India, a Navratna company under the ministry of coal, is planning to invest over Rs 43,000 crore in various power and mining projects. 

The new projects will add 3,920 Mw of power, including 1,000 Mw solar power, and 11.50 million tonnes per annum (MTPA) of mining capacity to the company.

In 2019-20, the company added 1,209 Mw (total) and 17.5 Mw (solar) till June 30, 2020, and retired 400 Mw to its installed capacity. With this addition and retirement, the total installed capacity is now 4661.06 Mw. The proposed new projects include a 3X800 Mw power plant in Odisha, a 2X800