Neyveli Lignite seeks to commission 250 MW unit in Rajasthan

October 9th, 2009 CHENNAI - Permanent and contract workers of mining-cum-power generation company Neyveli Lignite Corp (NLC) resumed duty Thursday night after concluding a bonus agreement with the management. "The talks between the management and the unions ended amicably late last night.

October 7th, 2009 NEW DELHI - In a bid to introduce competitive bidding for allocation of coal blocks and benefit consuming industries, the government will soon replace the Mines and Minerals Development Regulation Act, 1957, a senior official said Wednesday. "The new draft bill would be placed before the cabinet soon.

September 22nd, 2009 FedEx's freight unit president and CEO to retireNEW YORK — FedEx Corp., the world's second largest package delivery company, said Tuesday the president and CEO of its freight unit will retire. The company said Tuesday in a filing with the Securities and Exchange Commission that Douglas G.

September 8th, 2009 CHANDIGARH - Power-deficient Punjab has hiked electricity tariff, with the new rates becoming applicable from April next year. The Punjab State Electricity Regulatory Commission here Tuesday announced the revised tariff for different categories of consumers.

September 1st, 2009 MUMBAI - The 200-MW unit 2 of the Rajasthan Atomic Power Station (RAPS), shut down since July 2007, resumed operations Tuesday after feeder replacements and obtaining required fuel, officials said. The first pressurised heavy water reactor in India, it will operate at full power on imported natural uranium, a spokesperson for Nuclear Power Corporation of India Ltd (NPCIL) told IANS here.

August 5th, 2009 MUMBAI - Construction and engineering major Larsen and Toubro (L&T) Wednesday said it had bagged contracts worth Rs.853 crore for setting up coal handling plants in Uttar Pradesh and Tamil Nadu. L&T has received a contract from Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRVNL) and Neyveli Lignite Corp for setting up coal handling plants at Anpara in Uttar Pradesh and Tuticorin in Tamil Nadu, the company said in a regulatory statement.

June 22nd, 2009 CHENNAI - Energy-starved Tamil Nadu wants a higher share of power that will be generated by the joint venture it has set up with mining and power company Neyveli Lignite Corp (NLC). A similar demand had earlier been raised by Gujarat, where NLC proposes to set up a 1,000 MW plant at Valia, also in joint venture with that state's power board.

June 20th, 2009 CHENNAI - Mining-cum-power company Neyveli Lignite Corp (NLC) is planning to enter hydel, wind and nuclear power generation, a top official said here Saturday. "We are interested in setting up a 1,000-MW hydel power project in Uttarakhand partnering with the state government.

June 17th, 2009 CHENNAI - The restructuring of Tamil Nadu Electricity Board (TNEB) is aimed at getting central assistance for various power projects and not for selling its subsidiaries to private parties, state Electricity Minister Arcot N. Veeraswami said here wednesday.

April 28th, 2009 Companies that want to build new nuclear reactorsA list of companies that have announced their intent to submit applications to the Nuclear Regulatory Commission for new plant licenses: — Alternate Energy Holdings/Unistar: One unit in Elmore County, Idaho — Amarillo Power/Unistar: One unit in vicinity of Amarillo, Texas — AmerenUE/Unistar: One unit in Callaway County, Mo. — Constellation/Unistar: One unit in Calvert County, Md.… — Constellation/Unistar: One unit in Oswego County, N.Y.

March 2nd, 2009 CHENNAI - Neyveli Lignite Corp (NLC) will go ahead with its 1,000-MW power project in Tuticorin in Tamil Nadu despite a legal tussle over part of the project land between SPIC Electric Power Corp and the Tuticorin Port Trust, a top official said. 'NLC or its power subsidiary will not be affected by the land dispute.

February 28th, 2009 CHENNAI - External Affairs Minister Pranab Mukherjee will Saturday lay the foundation stone for Neyveli Lignite Corp's (NLC) 1,000-MW thermal power plant in Tuticorin. 'The Rs.59-billion (Rs.5,900 crore) project has a couple of special features like the reverse osmosis desalination plant, gas insulation switchyard and pile foundation apart from NLC's first venture into power generation with coal,' NLC chairman and managing director A.R.

January 5th, 2009 JAIPUR - Reliance Communications (R-Com), India's only telecom service provider to offer GSM and CDMA services nationwide, has launched mobile GSM services in over 1,450 towns and more than 10,000 villages in Rajasthan. The company also launched a first-of-its-kind Customer Experience Programme (CEP) for subscribers opting for its GSM services, which offers up to 100 percent savings to sub-Rs.300 Average Revenue Per User (ARPU) mobile customers for a one-time subscription charge (including GSM SIM) of Rs.25.

January 1st, 2009 CHENNAI - The Rs.36.38-billion ($744 million) mining-cum-power company Neyveli Lignite Corp (NLC) will raise Rs.18.5 billion to fund its expansion projects. The company's board has sanctioned raising Rs.5 billion through private placement of secured non-convertible taxable bonds with an option to retain over-subscription up to Rs.1 billion and Rs.12.5 billion through a mix of rupee term loans, external commercial borrowing (ECB), and issue of bonds in one or more tranches.

December 29th, 2008 NEW DELHI - Royal Rajasthan on Wheels, a regal train chugging across the land of maharajas in western India, will start its maiden journey Jan 11 when it will be flagged off by Tourism Minister Ambika Soni. The train, according to the Rajasthan Tourism Department, will be a landmark in terms of comfort, luxury and service.