CUDDALORE | January 27, 2016
Sarat Kumar Acharya, Chairman cum Managing Director of NLC, honours the senior most worker and his spouse during the 67th Republic Day celebrations at Neyveli on Tuesday.— Photo:Special Arrangement
The Neyveli Lignite Corporation (NLC) has planned to increase power generation to 19,000 MW by 2025 by diversifying into coal and renewable energy, said Sarat Kumar Acharya, Chairman-cum-Managing Director of NLC.
Delivering his speech after unfurling the national tri-colour on the 67{+t}{+h}Republic Day on the NLC premises on Tuesday, Mr. Acharya said that NLC has plans to become a 19,000 MW company by 2025 and already 6,000 MW coal-based power generation and 2500 MW lignite based power generation units are underway.
“NLC is no more a company limited to lignite mining and lignite-based power generation and has diversified into coal-based power generation, renewable energy and coal mining. We have set our foot prints in other parts of the country and are poised to be a company with pan Indian stature.”
The company has a target of adding 4,000 MW in renewable energy and another 3,000 MW through acquisition of power assets.
Mr. Acharya said that NLC had been allotted a coal block in Jharkhand and it had requested the Ministry of Coal to allot further coal blocks which will fuel its capacity addition in coal-based generation.
The diversification and expansion plans are propelling the company to new heights.
A change in mindset is required to break the comfort zone, accept the challenges to achieve the growth plans.
Recruitment drive
For the first time, a special recruitment drive was held and about 115 persons with disabilities would be a part of NLC family, he added.
Directors Rakesh Kumar, Subir Das, V. Thangapandian and P. Selvakumar, Shivaraj Singh, Chief Vigilance Officer and N. Muthu, Executive Director (Human Resources) participated.
(Source: http://www.thehindu.com/)