NLCIL to invest Rs 23,800 cr in Tamil Nadu to set up mines, power projects

The proposed projects are part of the company's 'Vision 2025' plan to increase its power production to 16,379 Mw and total mining capacity to 123.15 MTPA

NLC India, a company under the Ministry of Coal, is planning to invest around Rs 23,800 crore in Tamil Nadu. The proposed investment includes the setting up of mines and power projects. 
 

The investment includes setting up lignite mines with a capacity of 15.5 million tonnes per annum (MTPA), a 2,640-Mw lignite-based thermal power project, and a 1,000-Mw renewable (solar) project in the state.

The envisaged investment in the projects would approximately generate direct employment for 1,250 persons and indirect employment for 7,500. 

The Tamil Nadu government has agreed to provide facilitation and support to NLC India in the form of necessary