NLC India witnesses capability addition of 517 MW in FY21

NLCIL and its subsidiaries’ realisation of energy dues from discoms crossed Rs 11,300 crore through the 12 months.

State-owned NLC India (NLCIL) on Friday stated it made a capability addition of 517.5 MW in 2020-21. This consists of 500 MW of lignite-based thermal energy and 17.5 MW of photo voltaic with battery power storage system. With this, NLCIL and its subsidiaries’ put in energy producing capability has elevated to six,061.06 MW.

Through the 12 months, the Neyveli-headquartered NLCIL additionally entered the coal mining enterprise by beginning coal manufacturing at its Talabira mines in Odisha, with capability of 20 MTPA. With this, the overall mining capability of the corporate has elevated to 50.60 MTPA from 30.60 MTPA.

The mine additionally surpassed its first 12 months goal of 0.937 MTPA and achieved precise coal manufacturing of 1.013 MTPA, NLCIL stated in an announcement.

NLCIL and its subsidiaries generated 24,613 MU of energy in FY21. It augmented its renewable energy vegetation, in keeping with the federal government’s imaginative and prescient on renewable power (RE) and the current put in capability of RE is at 1,421.06 MW. The renewable energy technology is up by 39%, from 1,481 MU within the earlier 12 months, to 2,057 MU in FY21, it stated.

The corporate made its entry in buying and selling of energy in an enormous manner. Round the clock buying and selling of surrendered energy of NLCIL thermal energy stations via the Actual Time Market (RTM) began on June 1, 2020 and the corporate has since traded 868.78 MU, incomes a gross income of Rs 216 crore.

NLCIL and its subsidiaries’ realisation of energy dues from discoms crossed Rs 11,300 crore through the 12 months.

NLCIL claimed {that a} historic settlement between the contractor employers and the unions representing contract workmen was reached on revision of wages and advantages to round 15,000 contractor workmen in NLCIL, in August 2020, with none strike oragitation.

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