NLC India Gets New Mining Equipment

NLC India Gets New Mining Equipment

The ‘700 litre bucket wheel excavator’ was based on the order given by NLC India to mining equipment maker TENOVA India, which includes design, manufacture of all mechanical, structural, electrical components.

Damodar Valley Corp Scraps Plan To Sell Plant To NLC India Joint Venture

Damodar Valley Corp Scraps Plan To Sell Plant To NLC India Joint Venture

A bitter political spat involving the Centre and the states of West Bengal and Jharkhand has forced power utility Damodar Valley Corp. (DVC) to abandon its plan to sell a 1,200-megawatt (mw) plant to a proposed joint venture with NLC India Ltd (formerly Neyveli Lignite Corp.), putting at risk Rs21,000 crore of long-term loans that it is struggling to repay.