NLC India Limited has told the Central Electricity Regulatory Commission (CERC) that the date of commercial operation of its 1,000 MW (2 x 500 MW) lignite-based thermal power project at Neyveli is being pushed to the financial year 2019-20
The company is implementing the power project as a replacement to the 600 MW Thermal Power Station-I, the oldest lignite-fired thermal power station in the country.
According to a tariff petition filed by the company, it expected that the commercial operation date would be in October 2018 for Unit-I and December, 2018 for Unit-II respectively. In 2011, the government of India sanctioned the 1,000 MW project with a capital cost of ₹5907.11 crore. Later, it was revised to ₹7,080.41 crore.
The company said that it took all efforts to commission the units by July 2018 and September 2018 respectively. The cumulative expenditure incurred in the project up to 31 March, 2018 was ₹5,455.94 crore, according to its annual report.
