What does Neyveli Lignite Corporation do?
Neyveli Lignite Corporation (NLC) mines lignite coal in India and generates power from that coal. The company operates three mines, located near the southern Indian city of Chennai, producing 24 million tons of coal per year. NLC also generates about 2,500 MW of power per year from three stations.
Is Neyveli lignite a good buy?
PE vs Industry: 513683 is good value based on its PE Ratio (5.3x) compared to the Indian Renewable Energy industry average (10.3x). PE vs Market: 513683 is good value based on its PE Ratio (5.3x) compared to the Indian market (18.8x).
What is famous in Neyveli?
Neyveli boasts of the largest metal statue of Lord Shiva in the world, a first-of-its-kind in Asia. This statue of the Lord, called Panchaloha, which means created with five metals, is located in the Nataraja Temple, and appeals to many devotees of various faiths.
Who started NLC?
NLC has been a forerunner in the country in the energy sector for 62 years, contributing a lion’s share in lignite production and significant share in thermal power generation. It was inaugurated by the first Prime Minister Jawaharlal Nehru in 1956.
How is coal mined in Neyveli?
The Neyveli II coal mine is an opencast mine, operated by NCL India Limited, with a capacity of 15 million tonne per year, located near the town of Neyveli in Cuddalore district in Tamil Nadu, India. The mine supplies the 600 megawatt (MW) Neyveli Thermal Power Station and the 420MW Thermal Power Station I Expansion.
Which is the most important lignite mine of Tamilnadu?
heya Neyveli is Your correct answer.
What is the future of NLC?
NLC India, a Navratna company under the ministry of coal, is planning to invest over Rs 43,000 crore in various power and mining projects. The new projects will add 3,920 Mw of power, including 1,000 Mw solar power, and 11.50 million tonnes per annum (MTPA) of mining capacity to the company.
Which is richest city in Tamilnadu?
Reliance mall ERODE
- CHENNAI.
- COIMBATORE.
- SALEM.
- TIRUPUR.
- ERODE.
- TIRUCHY.
- MADURAI.
Who is the MLA of Neyveli?
Neyveli (state assembly constituency)
| Current MLA | Saba Rajendran |
|---|---|
| Party | DMK |
| Elected Year | 2016 |
| State | TAMILNADU |
| Total Electorates | 202587 |
How electricity is produced in Neyveli?
Neyveli Thermal Power Station I The plant is equipped with boilers from the Taganrog Metallurgical Plant, turbines from LMZ and generators from Electrosila, imported from the Soviet Union under Indo-Soviet assistance programme.
Why is brown coal bad?
The combustion of lignite produces less heat for the amount of carbon dioxide and sulfur released than other ranks of coal. As a result, environmental advocates have characterized lignite as the most harmful coal to human health.
What is the history of Neyveli Lignite Corporation?
Neyveli Lignite Corporation Limited, a Navratna Government of India Enterprise, under the administrative control of MOC has a chequered history of achievements in the last 56 years since its inception in 1956. Neyveli Lignite Corporation Limited is engaged in lignite excavation and power generation using lignite excavated.
Which is the largest lignite mining company in India?
Net Sales (Rs.) Neyveli Lignite Corporation Limited, a Navratna Government of India Enterprise, under the administrative control of MOC has a chequered history of achievements in the last 56 years since its inception in 1956. Neyveli Lignite Corporation Limited is engaged in lignite excavation and power generation using lignite excavated.
Where does NLC India get its lignite from?
It annually produces about 30 million tonne lignite from opencast mines at Neyveli in the state of Tamil Nadu in southern India and at Barsingsar in Bikaner district of Rajasthan state. The lignite is used at pithead thermal power stations of 3240 MW installed capacity to produce electricity.
Where are the lignite deposits in South Kanara?
Lignite deposits are indicated at Kasargod and the Collector of South Kanara reports it to the Board of Revenue. Industries Department of the then Government of Madras drills bore holes for tapping artesian water in the neighbourhood of Neyveli. Lignite particles encountered are taken as “black – clay” by unlettered workmen engaged in drilling.
