NLC plans to invest Rs. 364.75 Crore in Wind Farms and Rs. 364.75 in Solar Power Projects

Neyveli Lignite Corporation Limited(NLC) will invest Rs. 29,239 crore in coal and power sectors during 12th plan. This was disclosed by Shri Sriprakash Jaiswal, Union Minister of Coal to the members of Parliamentary Consultative Committee. He said that NLC has planned to setup wind farm with the investment of Rs. 364.75 Crore and Solar Power Project with the cost of Rs. 13,319 Crore. Out of this Rs. 29,239 crore it will invest Rs. 26,728.40 crore for development of power projects and Rs. 2,510.70 crore for coal projects. During the period NLC has planned expansion of a number of its ongoing projects also which include mines at Neyveli and Barsingsar (Rajashtan) and power plant at Tuticorin (Tamilnadu).