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The Hindu
a day ago
- Business
- The Hindu
NUPPL achieves early synchronisation of Unit-2 of its supercritical thermal power plant in Uttar Pradesh
Neyveli Uttar Pradesh Power Limited (NUPPL), a joint venture between NLC India Limited and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited, has successfully carried out Turbine Generator (TG) rolling and synchronisation of Unit-2 (660 mW) of NUPPL's 1980 mW supercritical thermal power plant in Ghatampur Tehsil, Uttar Pradesh. The synchronization of the thermal power plant with the 765 kV grid, was carried out in a single, seamless attempt on Sunday, and well ahead of the scheduled lead time after the successful completion of the Steam Blowing milestone. The synchronization of Unit-2 marked a crucial step forward in NUPPL's journey towards Commercial Operation Declaration (COD). This achievement reinforces NUPPL's steadfast commitment to delivering 31.68 million units of reliable and sustainable power to the nation, a press note from NLC India Ltd. (NLCIL) said. Commenting on the achievement, Prasanna Kumar Motupalli, Chairman and Managing Director of NLCIL, said the accomplishment is the result of unwavering focus and dedicated efforts of NUPPL, NLCIL, and UPRVUNL, supported by the Ministry of Coal, Government of India. With Unit 1 operational since December 2024, the synchronization of Unit-2 represents another major step towards the project's full realisation. Unit-3 is expected to be commissioned in 2025-26 fiscal, bringing the total capacity of Ghatampur Thermal Power project to 1,980 mW. Located in Ghatampur Tehsil, Kanpur Nagar district of Uttar Pradesh, the plant comprises three supercritical thermal units of 660 mW each. The project is designed to supply 75.12% (1,487.28 MW) of its power to Uttar Pradesh, while the remaining 24.88% (492.77 mW) is allocated to Assam. In addition to the power plant, NUPPL is also making strides in the development of the linked coal mine in Pachwara South Coal Block in Dumka district of Jharkhand, which will provide a sustainable source of fuel for the end-use power plant. The Ghatampur project features state-of-the-art supercritical boiler and turbine-generator technologies, designed to meet the latest environmental standards. The plant incorporates Flue Gas Desulphurisation (FGD) and Selective Catalytic Reduction (SCR) systems, ensuring Zero Liquid Discharge (ZLD) and minimizing ecological impact. With the synchronisation of Unit-2, NUPPL is now on the verge of completing the final commissioning activities, paving the way for its formal entry into commercial operations, NLCIL said.
Time of India
2 days ago
- Business
- Time of India
NLC India arm NIRL to go public in Q2 of FY27; to raise Rs 4,000 cr to part fund expansion
New Delhi: NIRL , the renewable energy arm of state-owned NLC India , is expected to go public in the second quarter of the next financial year to raise around Rs 4,000 crore to part fund its expansion plans, a top official of the company said. In an interview to PTI, Chairman and Managing Director (CMD) of NLC India Ltd (NLCIL) Prasanna Kumar Motupalli said that the public sector enterprise is targeting to ramp up its renewable energy capacity from the current 1.4 GW to 10 GW by 2030 and the company plans to raise Rs 4,000 crore through initial public offering (IPO) route. Explore courses from Top Institutes in Select a Course Category PGDM Product Management Others healthcare Data Science MCA Healthcare Operations Management Leadership Artificial Intelligence Finance others CXO Data Science Public Policy Technology Degree Project Management Management MBA Digital Marketing Cybersecurity Design Thinking Data Analytics Skills you'll gain: Financial Analysis & Decision Making Quantitative & Analytical Skills Organizational Management & Leadership Innovation & Entrepreneurship Duration: 24 Months IMI Delhi Post Graduate Diploma in Management (Online) Starts on Sep 1, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Indonesia: New Container Houses (Prices May Surprise You) Container House | Search ads Search Now Undo The company plans to file draft papers with markets regulator SEBI in the first quarter of 2026-27. "We are targeting ₹4,000 crore through IPO by September we will be in a position to ramp up our renewable assets through NIRL and by March 2026 we will be able to complete the legal and the financial due diligence and in the first quarter of 2026-27 we will be going for DRHP through the SEBI," the CMD explained. NLC India Ltd, which will invest ₹50,000-₹60,000 crore to increase its renewable energy capacity by almost seven times, plans to do it through equity and debt. Live Events "The equity portion is funded through internal resources," he said. The cabinet committee on economic affairs (CCEA) on July 16 gave a special exemption to NLC India Ltd from investment guidelines that govern government-owned firms, which will enable NLCIL to invest ₹7,000 crore in NIRL. The company will also be able to invest in various projects directly or through joint ventures, without seeking approvals, which are a must for all Navratna Central Public Sector Enterprises. At present, NLCIL operates seven renewable energy assets with a total installed capacity of 2 GW, which are either operational or close to commercial operation. NLC India is a 6 GW company which includes 4.6 GW thermal capacity. NLC India -- the first company in the country to add 1 GW renewable capacity -- has plans to scale up its green energy capacity to 32 GW by 2047. NLC India , under the Ministry of Coal, is into businesses of mining and power generation.
Time of India
2 days ago
- Business
- Time of India
NLC India arm NIRL to go public in Q2 of FY27; to raise ₹4,000 cr to part fund expansion: CMD
New Delhi: NIRL , the renewable energy arm of state-owned NLC India , is expected to go public in the second quarter of the next financial year to raise around Rs 4,000 crore to part fund its expansion plans, a top official of the company said. In an interview to PTI, Chairman and Managing Director (CMD) of NLC India Ltd (NLCIL) Prasanna Kumar Motupalli said that the public sector enterprise is targeting to ramp up its renewable energy capacity from the current 1.4 GW to 10 GW by 2030 and the company plans to raise Rs 4,000 crore through initial public offering (IPO) route. The company plans to file draft papers with markets regulator SEBI in the first quarter of 2026-27. "We are targeting ₹4,000 crore through IPO by September we will be in a position to ramp up our renewable assets through NIRL and by March 2026 we will be able to complete the legal and the financial due diligence and in the first quarter of 2026-27 we will be going for DRHP through the SEBI," the CMD explained. NLC India Ltd, which will invest ₹50,000-₹60,000 crore to increase its renewable energy capacity by almost seven times, plans to do it through equity and debt. "The equity portion is funded through internal resources," he said. The cabinet committee on economic affairs (CCEA) on July 16 gave a special exemption to NLC India Ltd from investment guidelines that govern government-owned firms, which will enable NLCIL to invest ₹7,000 crore in NIRL. The company will also be able to invest in various projects directly or through joint ventures, without seeking approvals, which are a must for all Navratna Central Public Sector Enterprises. At present, NLCIL operates seven renewable energy assets with a total installed capacity of 2 GW, which are either operational or close to commercial operation. NLC India is a 6 GW company which includes 4.6 GW thermal capacity. NLC India -- the first company in the country to add 1 GW renewable capacity -- has plans to scale up its green energy capacity to 32 GW by 2047. NLC India, under the Ministry of Coal, is into businesses of mining and power generation. PTI
The Hindu
5 days ago
- Business
- The Hindu
Centre approves NLCIL's ₹7,000-crore investment in renewable energy arm
The Union Government has approved a ₹7,000-crore investment by NLC India Limited (NLCIL) into its renewable energy arm, NLC India Renewables Limited (NIRL). According to an NLCIL press note, the Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister has granted an exemption from the existing guidelines of the Department of Public Enterprises (DPE), empowering NLCIL to invest in NIRL, and to enable NIRL to invest in projects independently or through joint ventures. This significant decision exempts NLCIL and NIRL from the 30% net worth ceiling imposed on Central Public Sector Enterprises for investment in subsidiaries and joint ventures (JVs), ensuring enhanced operational autonomy and financial agility. The move is poised to catalyse NLCIL's growth in the renewable energy sector, aligning with India's national energy transition goals. NLCIL operates a renewable energy portfolio of 1.4 GW. These assets will be transferred to NIRL to consolidate green energy initiatives under a unified platform. With this strategic support, NLCIL plans to scale its renewable energy capacity from the current 1.4 GW to 10 GW by 2030, contributing significantly to India's commitment of installing 500 GW of non-fossil fuel capacity by 2030, as declared at COP 26 under the ''Panchamrit' strategy. The long-term vision of NLCIL includes expanding this capacity to 32 GW by 2047, in alignment with the nation's goal of achieving Net Zero emissions by 2070. NLCIL said the approval would help the company strengthen India's global position in green energy leadership; reduce India's coal imports and carbon footprint; ensure reliable 24x7 power supply through clean sources; generate large-scale direct and indirect employment, and promote inclusive socio-economic development in project regions. According to NLCIL Chairman and Managing Director Prasanna Kumar Motupalli, 'The support extended by the Government of India through this exemption is a game changer for NLCIL's renewable energy roadmap. It reaffirms our commitment to building a sustainable future and scaling up green energy infrastructure. The company is now well-positioned to invest in cutting-edge technologies and forge strategic collaborations that will help us realise our goals.'
The Hindu
6 days ago
- Entertainment
- The Hindu
Neyveli book fair draws over 1.75 lakh book lovers
Over 1.75 lakh book lovers from all walks of life, including schoolchildren, visited the recently-concluded 24th edition of the Neyveli Book Fair hosted by NLC India Limited (NLCIL). The event that was launched amid much fanfare on July 4, came to a close at the Book Fair Grounds on Monday. Addressing the valedictory function, Telangana Governor Jishnu Dev Varma appreciated the NLCIL for bring schoolchildren from rural areas to the book fair by arranging free transport. With rich and diverse languages and culture, India was a treasure trove of literature, he said, adding that the Prime Minister's vision of Viksit Bharat would become a reality only with the spreading of literature and culture. Prasanna Kumar Motupalli, Chairman and Managing Director of NLCIL said the company had plans to increase its existing renewable energy capacity manifold by 2030. Though the Neyveli Book Fair had the second highest number of visitors in the State, it was the best in the country, he said. An e-souvenir was also released on the occasion. Suresh Chandra Suman, Director (Mines) was present.
