Heavy rain forces reduction in power generation from NLC

Heavy rains in South Tamil Nadu has forced officials of the public sector Neyveli Lignite Corporation to "partially" reduce power generation.
Mining operations have been partially affected due to excessive rainfall in Cuddalore district since November 12 and pumping out of excess water from the mines is in progress, the Neyveli Lignite Corporation said in a stock exchange filing.
"On account of the above, due to supply of wet condition of lignite, generation of power has been partially reduced in all power stations. Normalcy in operation is expected shortly", it said.
Neyveli Lignite Corporation for the July-September 2014 period registered eight per cent growth in profit after tax at Rs 259.35 crore. The company had reported Rs 240 crore profit in the corresponding quarter of previous year.

NlC has an installed capacity of 2,740MW. It plans to increase the capacity to 4,240 MW by end of current financial year.