Profile of Neyveli Lignite Corporation
Company Profile
| Neyveli Lignite Corporation Limited (NLC) was incorporated in 14th November of the year 1956 as a private limited company under the house of Government of India (GOI). It went to public in 7th March of the year 1986. The main core activity of NLC is lignite excavation and power generation using lignite excavated. Neyveli lignite corporation has been conferred with “MINIRATNA” status in 2004. In commencement of Golden Jubilee Celebrations ( 1956-2006) the Hon’ble Prime Minister Dr,Manmohan Singh, visited Neyveli on 04.02.2006 and laid foundation stone for Mine-I and TPS II Expansation.Vision of NLC To emerge as a leading mining and power company.Mission of NLC * Strive towards greater cost competitiveness and work towards continue financial strength. * Continually imbibe best practices from the best India and international organization engaged in power generation and mining. * Be a preferred employer by offering attractiveness avenues of carrier growth andexcellent work environment and by developing human resource to match international standards, * Play an active role in society and sensitive to emerging environmental issues.LIGNITE RESERVES: Geological reserves of lignite in the country have been estimated at around 36009 million tons. As on 01-01-2004 out of the above 4150(MT) of lignite spread over an area of 480 Sq.KM is on the Neyveli Lignite fields in cuddalore district of which around 2360 million tons have been proved.EXSISTING PROJECTS :MINE – I The lignite seam was first exposed in August 1961 and regular mining of lignite commenced in May 1962. German excavation technology in open cast mining, using Bucket Wheel Excavators, Conveyors and Spreaders were used for the first time in the country in Neyveli Mine-I. The capacity of this mine was 6.5 MT which met the fuel requirement of TS-I. The capacity was increased to 10.5MT of lignite per annum from March 2003 under Mine-I expansion scheme and at present
| Neyveli Lignite Corporation Limited (NLC) was incorporated in 14th November of the year 1956 as a private limited company under the house of Government of India (GOI). It went to public in 7th March of the year 1986. The main core activity of NLC is lignite excavation and power generation using lignite excavated. Neyveli lignite corporation has been conferred with “MINIRATNA” status in 2004. In commencement of Golden Jubilee Celebrations ( 1956-2006) the Hon’ble Prime Minister Dr,Manmohan Singh, visited Neyveli on 04.02.2006 and laid foundation stone for Mine-I and TPS II Expansation.Vision of NLC To emerge as a leading mining and power company.Mission of NLC * Strive towards greater cost competitiveness and work towards continue financial strength. * Continually imbibe best practices from the best India and international organization engaged in power generation and mining. * Be a preferred employer by offering attractiveness avenues of carrier growth andexcellent work environment and by developing human resource to match international standards, * Play an active role in society and sensitive to emerging environmental issues.LIGNITE RESERVES: Geological reserves of lignite in the country have been estimated at around 36009 million tons. As on 01-01-2004 out of the above 4150(MT) of lignite spread over an area of 480 Sq.KM is on the Neyveli Lignite fields in cuddalore district of which around 2360 million tons have been proved.EXSISTING PROJECTS :MINE – I The lignite seam was first exposed in August 1961 and regular mining of lignite commenced in May 1962. German excavation technology in open cast mining, using Bucket Wheel Excavators, Conveyors and Spreaders were used for the first time in the country in Neyveli Mine-I. The capacity of this mine was 6.5 MT which met the fuel requirement of TS-I. The capacity was increased to 10.5MT of lignite per annum from March 2003 under Mine-I expansion scheme and at present