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. The power goes to the nearby states of Andhra Pradesh, Karnataka, Kerela, Tamil Nadu, and Pondicherry. The company also provides consulting services in mine planning and construction and the renovation and life extension of old power stations. Neyveli Lignite was founded in 1956 and is owned by the Indian government.
Financial data as of March 31, 2019 (12 month period) in USD
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EMPLOYEES (All Sites)
- ASSETS (MIL USD) 6,390
REVENUE (MIL USD)
- TICKER SYMBOL 513683
- Incorporated 1986
- FISCAL YEAR END MAR
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