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Neyveli Lignite Corporation

Company nameNeyveli Lignite Corporation (NLC) Limited
Company typeGovernment-owned
SloganPower Behind Power
HeadquartersChennai, India
Key peopleShri. A.R. Ansari (Chairman & MD)
ProductsLignite, Electricity
Revenue(+) 4689 Crore(2009-2010)
Net income(+) 1247 Crore(2009-2010)
Employees18,434 (2011)

     Home | Company | Neyveli Lignite Corporation

Neyveli Lignite Corporation Limited (NLC) is a government-owned lignite mining and power generating company in India. NLC operates the largest open-pit lignite mines in India, presently mining 24 MT of lignite and has an installed capacity of 2490 MW of electricity per year. It also supplies a large quantity of sweet water to Chennai from the artesian aquifers in the lignite mines. On 11-Apr-2011, it joined the elite group of Navratna Companies. In 1956 NLC was formed as a Corporate body.

NLC is listed on BSE:513683 as well as LIG. The Union Government holds 93% shares of NLC and is administered through Ministry of Coal. NLC earned turn over of Rs 4689 crore with a net profit of Rs 1247 crore in the financial year 2009-2010.

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