Neyveli Lignite Corporation Limited said that it has received an approval from the Indian government to develop a 1,000 MW coal based thermal power project at Tuticorin in Tamil Nadu at an estimated cost of about INR 49.10 billion.
Neyveli Lignite said in a regulatory filing that it will implement this project through NLC Tamil Nadu Power Limited, a JV company of Neyveli Lignite Corporation and the Tamilnadu Electricity Board.