Friday, May 20, 2011


Installation of 1000 MW lignite based New Thermal Power Project at Neyveli in Cuddalore District of Tamil Nadu by M/s. Neyveli Lignite Corporation Ltd

The Cabinet Committee on Infrastructure has approved the proposal for installing 1000 MW lignite based Thermal Power Project at Neyveli consisting two units of 500 MW each at an estimated cost of Rs.5907.11 crore on October, 2010 price level with Interest During Construction (IDC) of Rs.559.03 crore and Foreign Exchange (FE) component of Rs.969.81 crore equivalent to US $ 217.009 million.

The power generated from Neyveli New Thermal Power Project (2 x 500 MW) units will cater to the demand of the states in the Southern Region.

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