...
...
Next Story

Navratna status provides the necessary autonomy to NLC

Neyveli Lignite Corporation (NLC) was incorporated as a government company in 1956 and opened India's largest mine and lignite based power station in early 1960s.

Updated on: Jul 03, 2011 10:20 PM IST
Advertisement

Neyveli Lignite Corporation (NLC) was incorporated as a government company in 1956 and opened India's largest mine and lignite based power station in early 1960s. At present it has three mines with a capacity 24.5 million tones per annum (MTPA) and three thermal stations of total capacity of 2490 MW at Neyveli. It is also setting up 100MW coal-based thermal plant jointly with Tamil Nadu Electricity Board (TNEB) at Tuticorin. NLC's chairman and managing director AR Ansari spoke to Hindustan Times on a range of issues. Excerpts:

HT Image
HT Image

NLC was recently conferred the Navratna status. How is this going to help the company?
Navratna status will definitely help to quicken the process of expansion and thereby propel the growth rate. NLC is now free to take up new projects without going through the process of government approval. NLC is also free to incur capital expenditure without ceiling. This has given significant autonomy to us. As per the government's policy, from January 2011, all projects of power generation and transmission should be decided on the basis of competitive bidding. Navratna status provides the necessary autonomy to participate in such bids.

Being in an ecologically sensitive sector, how have you ensured that environmental norms are adhered to?
NLC is in the business of lignite mining and power generation and both are major sources of atmospheric pollution. Therefore, in NLC environment management is given its due importance. The noise level is generally kept reduced below the permissible level by adopting certain remedial measures. In lignite mines effective dust suppression measures are implemented. Electrostatic precipitators (ESPs) of more than 99% efficiency have been installed to remove the ash particles from the outgoing gas. Besides, modern dry ash collection system has been introduced as well. NLC has installed 13 permanent ambient air quality(AAQ) stations which continuously monitor pollutants.

Can you elaborate on NLC's corporate social responsibility?
NLC spends not less than 1% of its profits on CSR programmes. These include continuous supply of water for irrigating over 23000 acres in surrounding villages, maintaining bore wells and supply of drinking water for around 70 villages and treatment of more than one lakh patients from rural areas in the NLC general hospital.

 
Check India news real-time updates, latest news on Hindustan Times and more across India.
Check India news real-time updates, latest news on Hindustan Times and more across India.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe