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Spotlight
New Delhi, 15
January 2007
NLC: A PIONEER IN
ENERGY SECTOR
NEW DELHI, January 18 (INFA): The Neyveli
Lignite Corporation Ltd. (NLC) a “Mini Ratna” public sector enterprise under
the Union Ministry of Coal has completed 50 years of its pioneering work in the
energy sector.
The NLC is now poised for a rapid growth in the mining and
power generation capacity and is expanding its activities not only at Neyveli
but also in other parts of the country. It
is also venturing in new projects with fuels other than lignite.
During the year 2005-06, Lignite production was 20.44
million tonnes and power generation was 16242 million units, both surpassing the target. Lignite production of 3.74 million
tonnes from mine-IA achieved during the year is the highest for any year since
inception---25% more than the designed capacity of 3 million tonnes.
During 2006-07, up to November last, Lignite production of
12.426 million tonnes and power generation of 9745.55 million units have been
achieved. Net profit for the year 2005-06 was Rs.702.35 crores and NLC paid a
dividend of 20% on paid up capital for the year 205-06.
Besides, under MoU evaluation system, based on the
provisional results, the NLC has been rated at excellent level for the year
2005-06.
Mine-II Expansion and linked TPS-II Expansion of 500 MW,
Barsingsar Mine project and linked Thermal Power Station are under
implementation and are scheduled to be commissioned
in June 2009.
With the commissioning
of new projects, the NLC’s lignite mining capacity will be increased from the
present level of 24 million tonnes to 30.6 million tonnes and power generation
capacity from 2490 mega watt to 3240 mega watt by 2009-10.
Several projects are proposed to be taken up by the NLC
during the 11th Plan period. They are coal-based thermal power plant
at Tuticorin with a capacity of 1000 MW as a joint venture with Tamil Nadu
Electricity Board is being submitted to Government for approval; a 15 MTPA coal
mine under joint venture with MCL and a 2000 MW power plant in Ib valley in Orissa and Jayamkondam Lignite Mine-cum-Power Project
and Riri Project.
The NLC has been ranked in 190th place as
announced by Platts Top 250 Global Energy Company Rankings. It has won the
‘SCOPE Meritorious” award for “Corporate Social Responsibility and Responsiveness” for the year 2004-05. ---INFA
TOP RATING FOR
TELUGU CHANNEL
HYDERABAD, January 18 (INFA): Zee Telugu
channel closed the year 2006 with top ratings, thanks to the screening of major
hit Telugu movies of 2006. The channel
has acquired satellite rights for four out of six hit movies.
It had introduced Math-a-Fun, a course in Vedic Mathematics
for the first time on TV every Sunday from 9 am to 2 pm, to help school
children to overcome fear of maths.---INFA
New Delhi, 17 January 2007
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