NLC enhances RE power generation by 39%, adds 17.5 MW of solar power in FY21

• NLC India has made a capacity addition of 517.5 MW, with 500 MW of Lignite-based Thermal Power and 17.5 MW of Solar with Battery Energy Storage System

• NLC's and its subsidiaries' realisation of power dues from DISCOMs has also crossed Rs 11,300 crore during FY21

New Delhi: In line with the policy thrust to pivot towards greener forms of energy, lignite-based power generation company Neyveli Lignite Corporation (NLC) has improved its renewable energy (RE) generation by 39 percent in FY21 year-on-year and has also added 17.5 MW of solar power with Battery Energy Storage System. "A Navratna CPSE under the administrative control of Ministry of Coal in the Mining & Energy Sector, NLC India Ltd has made a capacity addition of 517.5 MW, using 'first-of-its-kind technology' during the FY 2020-21, with 500 MW of Lignite-based Thermal Power and 17.5 MW of Solar with Battery Energy Storage System. With this, NLCIL's and its subsidiaries' installed power generating capacity has increased to 6,061.06 MW," NLC said in an official statement on Friday.

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NLCIL and its subsidiaries generated 24,613 MU of power during FY 2020-21. It has augmented its renewable energy-based power plants, in line with the government's vision on RE, and the present installed capacity of RE is 1,421.06 MW, said NLC. "The Renewable Power Generation is up by 39 percent, from 1.481 MU in the previous year, to 2,057 MU in F/Y 2020-21," it added.

NLC ventures into coal mining business

During FY21, NLC also ventured into the coal mining business by commencing coal production at its Talabira Mines in Odisha, with capacity of 20 MTPA. With this, the total mining capacity of the company has increased from 30.60 MTPA to 50.60 MTPA. The mine also surpassed its first year target of 0.937 MTPA and achieved the actual coal production of 1.013 MTPA.

NLC's realisation of power dues from DISCOMs crosses Rs 11,300 cr

NLC's and its subsidiaries' realisation of power dues from DISCOMs has also crossed Rs 11,300 crore during FY21, said the company. "The company made its entry in trading of power in a big way, round-the-clock trading of surrendered power of NLCIL Thermal Power Stations through Real Time Market (RTM) commenced from 1st June, 2020 and the company has since traded 868.78 MU, earning a gross revenue of Rs 216 crore," said the PSU.

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