Neyveli Lignite Corporation India Limited (NLCIL)

by | Apr 7, 2023 | Current Affairs | 0 comments

  • Neyveli Lignite Corporation India Limited (NLCIL), a state-owned Navratna grade Public Sector under the Union Coal Ministry, has achieved several milestones and created new records in its physical performances during the financial year 2022-23.
  • NLCIL is expanding its activities throughout the nation, including in Tamil Nadu, Rajasthan, Uttar Pradesh, Odisha, Jharkhand, Assam, and Andaman & Nicobar Islands.
  • According to a press release, the company currently operates four lignite mines, one coal mine, and six thermal power plants, as well as solar and wind power plants across the places.
  • It produced 3,008 crore units of power in a year, the highest since its inception, and 1,003 crore tonnes of coal, the highest quantity since inception.
  • It also excavated 2,354 crore tonnes of lignite in 2022-23, despite constraints on the availability of land.
  • The revenue collection during the year under review crossed Rs 14,600 crore, and the company achieved a capital expenditure of Rs 3,010 crore against the target of Rs 2,920 crore.
  • NLCIL was awarded several prestigious awards for its performance excellence and recognized in various fields, including Clean Energy, Humanitarian Efforts, Skill Development, Sustainable Development, and Best Performance in Thermal Sector.