NLC's 3,200 Mw Odisha project at stake on power allocation issues

NLC's total investments proposed in Odisha is around Rs 140 billion

NLC India's (formerly Neyveli Lignite Ltd) 3,200 Mw thermal power project proposed in Odisha has run into the rough water due to differences with the state government over power allocation.

The state government, in line with its policy terms for the Independent Power Producers (IPPs), has demanded allocation of 14 per cent power at variable cost. NLC, however, has objected to the demand saying it does not apply to a central PSU.

"NLC India has written to the state government, seeking a waiver of the demand for 14 per cent power. The central PSU says the condition does not apply