Neyveli Lignite Corporation has signed a memorandum of understanding with Japan-based Kobe Steel for setting up upgraded brown coal-based pilot power generation project.
Neyveli Lignite Corporation Chairman and Managing Director B Surender Mohan exchanged documents with KSL General Manager (Engineering Business) Mitsuhiro Saito at a function held at Neyveli, recently, a company statement said.
The signing of MoU between the two companies was against the backdrop of the satisfactory completion of pilot study taken last year.
Neyveli Lignite had sent 80 tonnes of Lignite to Indonesia to test at the KSL pilot plant there for drying and making pellets for testing.
The study was sanctioned by New Energy and Industrial Development Organisation, established under the Ministry of Economy, Japan and was "satisfactory", it said.
NLC also signed a MoU with Tiruchirapalli-based National Institute of Technology, for Dynamic Loading of Conveyor Drive Heads in Mines for optimising energy efficiency of conveyors.
Since existing conveyor systems requires maximum drive power at the starting moment, with the Dynamic loading system, about 2.20 million units of power can be saved per year.
NLC would be able to save Rs 31 crore per annum with the implementation of the new system, it said.