Neyveli Lignite to enter hydel, wind power sectors

October 1st, 2009 Massive Texas wind farm operatingDALLAS — The world's largest wind farm officially got up and running Thursday, with all 627 towering wind turbines churning out electricity across 100,000 acres of West Texas farmland. The Roscoe Wind Complex, which began construction in 2007 and sprawls across four counties near Roscoe, is generating its full capacity of 781.5 megawatts, enough to power 230,000 homes, the German company E.ON Climate and Renewables North America said.

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.

August 4th, 2009 NEW DELHI - Engineering and infrastructure development firm Hindustan Construction Co (HCC) Tuesday said it has been awarded a Rs.228.79-crore contract for a hydel power project in Maharashtra. The 4x6 MW Gosikhurd Hydel Scheme, is being built on the Wainganga river near Nagpur, the company said in a statement.

July 7th, 2009 Pickens calls off massive wind farm in TexasHOUSTON — Plans for the world's largest wind farm in the Texas panhandle have been scrapped, energy baron T. Boone Pickens said Tuesday, and he's looking for a home for 687 giant wind turbines.

July 6th, 2009 Big Western power generator plans Colo wind farmDENVER — A major regional power supplier has reached a deal to buy electricity from a new wind farm in Colorado. Tri-State Generation and Transmission Association formally signed a 20-year deal on Monday to buy power from a wind farm that Duke Energy will build near Burlington in eastern Colorado.

June 30th, 2009 KOLKATA - India and Bhutan will jointly develop 10 hydroelectric projects by 2020, according to Bhutanese Prime Minister Jigmi Y. Thinley. "By 2020, the two countries have agreed to develop a little over 11,000 megawatts hydel power green energy through some 10 projects.

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 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.

May 20th, 2009 KOLKATA - West Bengal is keen to take up a hydel power project in Bhutan and wants the central government's help in this regard, a senior government official said here Wednesday. 'We want to set up a project, with our own investment, in Bhutan and we have asked the government of India to help us,' power secretary Sunil Mitra told reporters here.

May 13th, 2009 KANDLA - Public sector refiner Indian Oil Corp (IOC) has completed its 21 MW wind power project near the port town of Kandla, a top official said Wednesday. The wind farm, set up at a cost of Rs.130 crore, would be formally inaugurated later this week, the IOC official, who did not want to be named, told IANS.

May 12th, 2009 AHMEDABAD - Gas marketing major Gail India is planning to establish a series of wind power projects in Gujarat during the current fiscal, a senior official said Tuesday. 'The company has invited bids for setting up wind power projects of 4.5 to 5 MW capacity each on a turn-key basis.

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 22nd, 2009 MUMBAI - Infrastructure major Hindustan Construction Co. (HCC) has bagged a Rs.27.26-billion (Rs.2,726-crore) contract to build a 330-MW hydel power plant in Jammu and Kashmir, a top official said Friday.

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.