Will expand capacity by 5K mw in 5yrs: Neyveli Lignite

Neyveli Lignite is engaged in power generation with backward integration of lignite mining. It will add an estimated capacity of 1,750 mw by FY13. Of this, an estimated 750 mw would be lignite-based integrated capacity with captive mines by FY11. Prasanna Kumar, CMD and Director-Finance, Neyveli Lignite, said the organisation has a bright future given the fact that they have expansion plans in the offing and many of the plans have been approved by the government. ?Within five years, we will expand the capacity by another 5,000 mw which is from 2,500 mw to 7,500 mw. The mining capacity will also be improved and profits will also be generated,? he added.