Govt allots two coal mines in Odisha to Neyveli Lignite Corporation
The Government has allotted two coal mines in Odisha to public-sector, Neyveli Lignite Corporation(NLC).
Chennai: The Government has allotted two coal mines in Odisha to public-sector, Neyveli Lignite Corporation(NLC), for the power projects of its subsidiaries.
In a notification, the lignite-mining company, Neyveli Lignite Corporation said, "The Ministry of Coal has conveyed the allotment of Talabira-II and III coal mines in Odisha to NLC by the competent authority in order to meet coal requirements for the power projects by NLC's subsidiary companies."
A 5 MTPA (million tonne per annum) power project has been undertaken by NLC Tamil Nadu Power Ltd. Neyveli Uttar Pradesh Power Ltd is constructing a 10 MTPA project and Sirkali Power Projects has undertaken a 20 MTPA project, according to the notification.
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The Tamil Nadu chief minister said her government has been strongly opposed to privatising any portion of NLC.
The coal ministry has initiated the process of allocation under the amended provisions of the Mines and Mineral Development and Regulation Act.
With around 200 proposals of Coal India awaiting a green nod, a parliamentary panel has asked the government to explore the feasibility of creating a medium to streamline the process of obtaining environmental and forest clearances of coal mining projects in a coordinated manner.