About the Promoters:

     Neyveli Lignite Corporation Ltd., (NLC) is a Government of India Company engaged in lignite mining and power generation under the administrative control of Ministry of coal, operates the largest open-pit lignite mines in India with an aggregate installed capacity of 30.6 MTPA. Presently NLC operates at Neyveli (Tamil Nadu), Thermal Power Station-I (600MW), Thermal Power Station-II (1470MW) and Thermal Power Station-I Expansion (420MW),Thermal Power Station-II Expn (500MW),Barsingsar (Rajastan), Barsingsar Power Plant (250MW) and Green Power (Wind - 51 MW, Solar - 10 MW) all aggregating to 3301 MW of power to meet the power requirements of States. The power generated from Thermal power station-I is being fully supplied to Tamilnadu State and power generated from other power stations in Neyveli are shared by southern states. The power generated from Barsingsar Power plant is fully supplied to Rajastan State.


     Tamil Nadu Electricity Board(TNEB) was a body corporate registered under the erstwhile Electricity (Supply) Act 1948, under the administrative control of Government of Tamilnadu. TNEB has been providing and distributing the electric power to the requirements of Tamilnadu since 1957. As per the mandatory requirements of the Electricity Act 2003, during the year 2010, The Tamil Nadu Electricity Board was restructured itself by establishing a holding company with the name “TNEB Ltd” and two subsidiary companies namely “Tamil Nadu Transmission Corporation”(TANTRANSCO) and “Tamil Nadu Generation and Distribution Corporation Ltd” (TANGEDCO) have been incorporated. Subsequent to restructuring of TNEB, generation of power and project activities are under the purview of TANGEDCO.


Formation & Implementation:

     The coal based 2x500 MW Thermal Power Project was a dream of NLC to diversify from Lignite to Coal Based power plants and to use the exemplary knowledge gained over the years in power generation. It also fulfilled the mission of NLC to spread its wings outside Neyveli in Tamilnadu. The search for a project location for the coal based power plant culminated in the Harbour Estate of Tuticorin Port Trust (VOCPT) and adjacent to the Tuticorin Thermal Power Station in Tamil Nadu. The Joint venture Company “NLC Tamilnadu Power Limited” was incorporated to implement the power project at Tuticorin and the promoters (viz, NLC and TNEB/TANGEDCO) share in the equity ratio of 89:11.

     The Foundation stone for the Power Project at Tuticorin was laid by the then External Affairs Minister and His Excellency the President of India, Shri. Pranab Mukerjee on 28.02.2009. The Project was completed and trail operation commenced on 19-MAR-2014 in Unit-I & on 23-SEP-2014 in Unit-II.

     Power Purchase Agreement (PPA) has been signed between the Company and the Southern states for sharing the power as under:

  Tamil Nadu - 439.02 MW
  Karnataka - 179.13 MW
  Pondicherry - 10.78 MW
  Kerala   - 82.24 MW
  Andhra Pradesh - 133.18 MW
  Telungana   - 155.65 MW

      The Commercial Operation Declarations (CODs) were Achieved successfully for Unit-I on 18-Jun-2015 and for Unit-II on 29-Aug-2015.By this,The Power Capacity of NLC touched to a new height of 4301 MW in both Conventional and Green Power Segments.