Out of it, expansion of two units at Neyveli Thermal Power Station-II with a capacity of 250 MW each were nearing completion at a cost of Rs 3,027.59 crore, NLC Chairman and Managing Director B Surender Mohan said.
Neyveli Lignite Corporation (NLC) owned New Thermal Power Stations in Tamil Nadu would generate additional 1,500 MW power within five months, a senior official has said. NLC Chairman and Managing Director B Surender Mohan addressing a Technical Committee meeting last night said that four new thermal units with a capacity of 1,500 MW will be commissioned within next five months at Neyveli and Tuticorin.
Out of it, expansion of two units at Neyveli Thermal Power Station-II with a capacity of 250 MW each were nearing completion at a cost of Rs 3,027.59 crore, he said. Other two units with generating capacity of 500 MW each under a joint venture with Tamil Nadu Generation and Distribution Corporation Limited would also be commissioned within five months at a cost of about Rs 4,910 crore, he said.
At present NLC is generating 2490 MW of power.
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Neyveli Lignite stock price
On June 30, 2014, Neyveli Lignite Corporation closed at Rs 99.70, up Rs 2.10, or 2.15 percent. The 52-week high of the share was Rs 108.50 and the 52-week low was Rs 49.00.
The company's trailing 12-month (TTM) EPS was at Rs 8.95 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 11.14. The latest book value of the company is Rs 86.15 per share. At current value, the price-to-book value of the company is 1.16.
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