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Neyveli Lignite plans 300 Mw solar plant in Odisha

Chennai-based Neyveli Lignite Corporation Ltd (NLC), a Navratna PSU, has expressed interest in establishing a 300 Mw solar power plant in Odisha’s Balasore district.

While the project cost has not been disclosed, industry estimates put the cost of installing 1 Mw solar capacity at about Rs 7 crore–Rs 8 crore.

The exact location of the proposed solar power plant is yet to be firmed up. Neyveli Lignite is keen on setting up the plant in Balasore district where the state government is developing a solar park under the Government of India scheme, adding that a team from the company is expected to visit Odisha shortly to see the site and examine the feasibility of the project.

 

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