NLC India Ltd commences bio mass co-firing operation in its Tuticorin JV

In a step towards sustainability in thermal power generation and inline with MoP guidelines, NLC India Limited (NLCIL) has started bio-mass co-firing in its coal based thermal power station NLC Tamilnadu Power Limited (NTPL) at Tuticorin on 5 December 2023.

Inaugurating the operation of co-firing, the Chairman and Managing Director of NLCIL & Chairman NTPL, Shri. Prasanna Kumar Motupalli highlighted the benefits and importance of bio-mass co-firing in thermal power stations and the carbon credit the exercise is set to gain.

The stubble waste which would have been burnt without any usage is being pelletized and blended with coal for combustion in thermal power station. This step is set to reduce the coal consumption partially and utilizes the waste bio-mass in a useful means.

NLCIL also recently conducted a one day Regional Level Workshop at Neyveli on "Use of Biomass for Co-firing in Thermal Power plants" involving Power Plant operators, Policy makers, Experts, Pellet manufacturers etc., to study the concept holistically. Based on the inputs, NLCIL has realized the concept of cofiring at its coal based power station at Tuticorin.

This step is expected to have multiple benefits like reduction of bio-mass waste and reduction in coal consumption in thermal power stations.

This move is set to address the agriculture waste management issues in the country by utilizing the same in power generation.

Shares of NLC India Limited was last trading in BSE at Rs. 181.70 as compared to the previous close of Rs. 181.60. The total number of shares traded during the day was 205243 in over 3142 trades.

The stock hit an intraday high of Rs. 184.65 and intraday low of 176.70. The net turnover during the day was Rs. 37312068.00.

Source : Equity Bulls

Keywords

NLCIndia INE589A01014 Biomass CoFiringOperation Tuticorin NLCTamilnaduPower