NLCIL enhances its Mining Capacity by 66%, Green Power Generation by 39% PSU NEWS

NLCIL and its subsidiaries' realisation of Power dues from DISCOMS has also crossed Rs. 11,300 Cr during the year. 

 

NLCIL enhances its Mining Capacity by 66%, Green Power Generation by 39%
Representational Image

 

New Delhi: A Navratna CPSE under the administrative control of the Ministry of Coal in the Mining & Energy Sector, NLC India Ltd has made a capacity addition of 517.5 MW, using ‘first of its kind technology’ during the F/Y 2020-21, with 500 MW of Lignite based Thermal Power and 17.5 MW of Solar with Battery Energy Storage System. With this, NLCIL and its subsidiaries installed power generating capacity has increased to 6,061.06 MW.
 

During the year under reference, NLCIL also entered into the Coal Mining business by commencing coal production at its Talabira Mines in Odisha, with a capacity of 20MTPA. With this, the Total Mining Capacity of the Company has increased from 30.60 MTPA to 50.60 MTPA. The Mine also surpassed its first-year Target of 0.937 MTPA and achieved actual coal production of 1.013 MTPA. 

The NLCIL and its subsidiaries generated 24,613 MU of Power during FY 2020-21. It has augmented its renewable power plants, in line with the Govt of India’s vision on Renewable Energy (RE), and the present installed capacity of RE is 1,421.06 MW. The Renewable Power Generation is up by 39%, from 1,481 MU in the previous year, to 2,057 MU in F/Y 2020-21.

The Company made its entry in Trading of Power in a big way. Round-the-clock trading of surrendered power of NLCIL Thermal Power Stations through Real-Time Market (RTM) commenced from 1st June 2020 and the Company has since traded    868.78 MU, earning a Gross Revenue of Rs.216 Cr.

NLCIL and its subsidiaries' realisation of Power dues from DISCOMS has also crossed Rs. 11,300 Cr during the year. 

A Historical settlement under Sec. 12(3) of ID Act., between the Contractor Employers and the unions representing Contract Workmen was reached on the revision of wages & benefits to around 15000 contractor workmen in NLCIL, on 07.08.2020 without any Strike/Agitation.



Posted Date :  09-04-21

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