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Topic: Neyveli


In the News (Tue 8 Dec 09)

  
  Neyveli strike hits mining, power generation
Mining and power generation at the public sector Neyveli Lignite Corporation came to a standstill as the strike by the NLC employees protesting against Centre's decision to divest 10 per cent of its equity from the corporation entered the second day on Wednesday.
Barring 50 MW power generation, which would sustain supply to the households and hospitals in the Neyveli township, all other activities had been affected, NLC sources said.
Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
www.rediff.com /money/2006/jul/05divest.htm   (192 words)

  
  Artist Profiles :: Neyveli R Santhanagopalan
Neyveli R Santhanagopalan is a versatile musician who breathes, walks and sings music.
Even though he gave his debut concert at the young age of 10, his innate desire to acquire deep insight into this great art made him to spend another decade before he made his mark as an established and front-ranking musician.
It was exactly another decade by which time 'Neyveli' had reached a pre-eminent position that appropriately he was conferred the title 'Isai peroli' by the Karthik Fine Arts Society only to be followed by many more titles by leading sabhas.
www.indiamusicinfo.com /neyveli/more.htm   (500 words)

  
  Neyveli - Wikipedia, the free encyclopedia
Neyveli is a mining and power-generation township in Cuddalore district in the Indian state of Tamil Nadu.
Contrasting to the adjacent arid regions of Cuddalore district, the township of Neyveli boasts a low-moderate tropical climate, mainly due to the rich fauna planted as part of the landscaping during the development of the township.
Neyveli has an average literacy rate of 78%, higher than the national average of 59.5%: male literacy is 83%, and female literacy is 72%.
en.wikipedia.org /wiki/Neyveli   (1188 words)

  
 Within / Without: Neyveli and lignite
For me, Neyveli has a special relevance because some of my family is settled there, and their history is deeply tied with that of the Corporation's.
Anyhow, a dusty town is remembered thanks to an archive report that traces the genesis of a huge organisation and the foundation of a town that fuelled development in an entire state and thousands of mills.
buy neyveli was a bit different where people would earn their money for their bread from the company but all services were government provided..
nehasri.blogspot.com /2005/12/neyveli-and-lignite.html   (934 words)

  
 Reference.com/Encyclopedia/Neyveli
Neyveli is a mining and power-generation township in Cuddalore district in the Indian state of Tamil Nadu.
Contrasting to the adjacent arid regions of Cuddalore district, the township of Neyveli boasts a low-moderate tropical climate, mainly due to the rich fauna planted as part of the landscaping during the development of the township.
Neyveli has an average literacy rate of 78%, higher than the national average of 59.5%: male literacy is 83%, and female literacy is 72%.
www.reference.com /browse/wiki/Neyveli   (1190 words)

  
 Stock Market Updates: Neyveli Lignite sizzles
In addition, the company is presently implementing a mine-cum-power projects in Neyveli and Rajasthan to the tune of 750 Mw at the estimated cost of Rs 5,560 crore apart from operating units.
Neyveli Lignite is one of the largest lignite based power-generating companies in the country with a capacity of over 2,400 Mw.
Neyveli Lignite registered a decline of 43% in its Q1 June 2006 net profit to Rs 223.84 crore (Rs 395.01 crore).
rtotla.blogspot.com /2006/08/neyveli-lignite-sizzles.html   (520 words)

  
 News Releases From CMS Energy - CMS Energy Announces Receipt of Indian Government Counter-Guarantee for 250 Megawatt ...   (Site not responding. Last check: 2007-10-29)
Construction of the Neyveli project, a 250-megawatt power plant, is expected to begin in the fourth quarter of 1998, with commercial operation scheduled at the beginning of 2002.
The Neyveli project has a 30-year power supply contract with the Tamil Nadu State Electricity Board to supply the State with 250 megawatts of electric capacity and energy from the plant.
The Neyveli project is one of seven initial private power projects in India eligible to receive a guarantee from the federal Government of India backing the State of Tamil Nadu payment guarantees.
www.cmsenergy.com /MediaCenter/NewsItem.asp?ID=539   (489 words)

  
 News Releases From CMS Energy - CMS ENERGY ANNOUNCES CLOSING OF $220 MILLION PROJECT FINANCING ON NEYVELI INDEPENDENT ...   (Site not responding. Last check: 2007-10-29)
The Neyveli project is a 250 megawatt lignite coal-fueled power plant to be built in the State of Tamil Nadu at a cost of approximately $320 million.
The Neyveli project has signed a 30-year agreement to sell the power generated by the plant to the Tamil Nadu Electricity Board, and will operate it as a baseload plant.
The Neyveli joint venture is the recipient of a counter-guarantee from the federal Government of India, to assure international lenders a source of repayment for their loans, if there is a payment default by the State Electricity Board or the first-line guarantor, Tamil Nadu state government.
www.cmsenergy.com /MediaCenter/NewsItem.asp?ID=946   (539 words)

  
 The Hindu Business Line : 250-MW lignite-based Neyveli power project — GMR may buy out CMS, ABB stake
This is despite the fact that the Neyveli plant is already generating power.
However, the project has a three-month revolving letter of credit with TNEB as the first line of security, the sources added and is also backed by a sovereign guarantee for the comfort of both the domestic and commercial lenders.
Neyveli project debt is in the region of about $220 million (Rs 1,023 crore at current exchange rates).
www.blonnet.com /2003/06/26/stories/2003062602760100.htm   (635 words)

  
 Neyveli protest comes from within UPA : Neyveli Lignite, disinvestment, DMK, UPA : IBNLive.com : CNN-IBN
Chennai: The UPA Government's decision to disinvest Neyveli Lignite Corporation is spelling trouble within the coalition.
The employees of Neyveli Lignite Corporation have already put up posters threatening a strike against the proposed 10 per cent disinvestment in the PSU.
He couldn't support the Centre on the fuel price hike and now the Neyveli disinvestment issue is something where he just cannot keep quiet.
ibnlive.com /news/neyveli-protest-comes-from-within-upa/13959-7.html   (379 words)

  
 Highbeam Encyclopedia - Search Results for Neyveli   (Site not responding. Last check: 2007-10-29)
INDIA: Construction plans for proposed $466,000,000 lignite-based power plant in addition to associated 4.5 million ton per year mining expansion project, NEYVELI LIGNITE CORP. LTD.
INDIA: Development plans for proposed 4.5 million ton per year lignite mine expansion project in conjunction with 1,470 Mw generating capacity increase, NEYVELI LIGNITE CORP. LTD.
CMS Energy Announces Closing of $220 Million Project Financing On Neyveli Independent Power Project in India.
www.encyclopedia.com /SearchResults.aspx?Q=Neyveli   (368 words)

  
 Neyveli's victory
The NLC is the acclaimed leader in lignite mining and in the use of lignite, which is considered as "inferior coal", to generate power.
It is the biggest open-cast mining operator in the country, the combined capacity of its three mines in Neyveli amounting to 24 million tonnes per annum.
The fact that only 4,150 MW of this power would be in Neyveli implies that the company will have a presence across the country as a major power utility.
www.flonnet.com /fl2314/stories/20060728003903100.htm   (1957 words)

  
 Neyveli Lignite workers back to work - Printer Friendly Page - Business - Telugu Portal   (Site not responding. Last check: 2007-10-29)
Mumbai/Chennai, July 7 (IANS) State-owned Neyveli Lignite Corp Ltd (NLC) Friday said its workers had withdrawn a three-day old strike Thursday night following the central government's decision to put on hold a proposal to sell a part of its stake in the company.
Mining operations and power generation in NLC had been paralysed after about 20,000 workers and 10,000 support personnel had stopped work Tuesday night protesting the government proposal to sell 10 percent of its shareholding in the firm's equity.
NLC, based in Neyveli, about 400 km south of Chennai, is the major power supplier to the southern grid comprising Tamil Nadu, Kerala, Karnataka, Andhra Pradesh and Pondichery.
www.teluguportal.net /modules/news/print.php?storyid=7302   (272 words)

  
 Neyveli Lignite Corporation - Wikipedia, the free encyclopedia
Neyveli Lignite Corporation (NLC) is the leading and biggest lignite mining and lignite-based power generating company in India.
It is located in Neyveli 197 kilometres south of Chennai and seventy kilometres west of Pondicherry.
NLC covers an area of about fifty-four square kilometres, which includes Neyveli Township and temporary colonies such as Mandarakuppam, Thedirkuppam, Thandavankuppam, and Block-21.
en.wikipedia.org /wiki/Neyveli_Lignite_Corporation   (258 words)

  
 Equitymaster.com : Related Views on News
The passage of the Electricity Act, 2003 was one of the key triggers for the stocks in the sector.
Neyveli Lignite is another PSU with huge dues pending against Tamil Nadu state electricity board.
In the light of the fact that major capacity expansions are planned in the industry, let us have a look at what plans this PSU has chalked out for the future.
www.equitymaster.com /f-detail.ASP?Symbol=NYVL   (537 words)

  
 NLC to consider buyback, issue Neyveli bonds
NEYVELI Lignite Corporation (NLC) has dropped the proposal for reducing (halving) its capital and has instead chosen the route of share buyback to achieve the same end.
However, a senior official of the company had told Business Line that the board was yet to meet to consider clearing the buyback proposal.
Sources also said that the company was thinking of coming out with a bond issue (which might be called `Neyveli Bonds'), perhaps for Rs 300 crore with a greenshoe option of Rs 100 crore.
www.thehindubusinessline.com /2001/11/26/stories/14264605.htm   (264 words)

  
 Neyveli plans mega projects in TN, Orissa   (Site not responding. Last check: 2007-10-29)
The Central government has approved two power projects of Neyveli Lignite Corporation Ltd, in Tuticorin and Orissa, its CMD S. Jayaram announced at the AGM recently.
The 1,000-mw Tuticorin power project with an estimated cost of Rs 4,000 crore is proposed to be developed as a joint venture with Tamil Nadu Electricity Board.
It is also considering setting up a 125-mw thermal power plant in Neyveli at a cost of Rs 455.23 crore, utilising surplus lignite.
www.projectsmonitor.com /detailnews.asp?newsid=7061   (257 words)

  
 Neyveli Venkatesh’s European tour
Drowned in the world of mridangam, he was recently invited to take advanced classes in London.
At the ‘Festival of India’, held in Cartigena, Spain, Sanjay Subramaniam, accompanied by Neyveli Venkatesh, was well-received.
Neyveli Venkatesh is one of the first few among the trendsetters who has hoisted our musical flag on a foreign soil.
www.chennaionline.com /music/Carnaticmusic/2005/12neyveli.asp   (523 words)

  
 Tourism - Neyveli
Neyveli, Home of the Neyveli Lignite Corporation, is today India’s energy –bridge to the 21-century and a fulfillment of Pandit Nehru’s vision.
Mine-I is situated on the Northern part of the field adjacent to the Neyveli Township.
EXTENDING THE LIFE OF OLD POWER PLANTS BY L.E.P. The equipment of Neyveli Thermal Power Station-I were supplied, erected and commissioned by the erstwhile Soviet Union along with the NLC engineers between 1962 to 1970.
www.cuddalore.tn.nic.in /neyveli.htm   (1388 words)

  
 Neyveli strike threatens south India power supply   (Site not responding. Last check: 2007-10-29)
India raised about Rs 4,100 crore from selling government stakes in companies in the year ended March 31, 2005, compared with a record Rs 15,400 crore in 2004, as opposition from politicians and workers forced the previous administration to cancel some share-sale plans.
Neyveli Lignite’s spokesperson S Sridhar declined to comment on the negotiations between the management and workers.
He did not say whether the management will deploy temporary workers to ensure uninterrupted power supplies.Unions say their protest is against privatisation as a policy and not against the management.
www.financialexpress.com /fe_full_story.php?content_id=132825   (377 words)

  
 GMR may buy CMS, ABB stake in Neyveli project - Sify.com
This is despite the fact that the Neyveli plant is already generating power.
However, the project has a three-month revolving letter of credit with TNEB as the first line of security, the sources added and is also backed by a sovereign guarantee for the comfort of both the domestic and commercial lenders.
Neyveli project debt is in the region of about $220 million (Rs 1,023 crore at current exchange rates).
sify.com /news/fullstory.php?id=13181734   (573 words)

  
 513683 - Neyveli Lignite Corporation Limited - Google Finance
The power generated by the Company is consumed by south Indian states, such as Andhra Pradesh, Karnataka, Kerala and Tamil Nadu, as well as the union territory of Pondicherry.
Neyveli Lignite Corporation Limited Enters Into An MoU With The...
neyveli lignite corporation surged 3.17%, to rs 61.90 on signing an agreement with...
google.com /finance?cid=677872   (275 words)

  
 Neyveli, India News
CUDDALORE: The body of Sivakumar, Assistant Divisional Engineer in Thermal Power Station II of Neyveli Lignite Corporation, was found on Saturday in the pumping unit on the power station campus.
Minister M.R.K. Panneer Selvam inaugurates programme in Neyveli Puducherry : Around 91,000 children were covered in the second phase of pulse polio campaign in the Union Territory of Puducherry on Sunday.
Cuddalore Collector Gagandeep Singh Bedi has urged the Neyveli Lignite Corporation to help the district administration in its welfare schemes for the disabled and permit children to avail the services of Sneha...
www.topix.net /in/neyveli   (676 words)

  
 Gulfnews: Neyveli shares are not to be sold Manmohan Singh
Neyveli shares are not to be sold Manmohan Singh
The decision to hold back the sale of government equity in Neyveli Lignite Corp (NLC) was personally conveyed by Singh over the telephone to Tamil Nadu Chief Minister and DMK chief M. Karunanidhi, who had threatened to quit the United Progressive Alliance (UPA) government over the issue, officials said.
Last week's meeting of the union cabinet, chaired by Manmohan Singh, had decided to sell 10 per cent equity in two state-run enterprises, the coal mining and energy major NLC and the National Aluminium Company (NALCO).
archive.gulfnews.com /articles/06/07/07/10052069.html   (444 words)

  
 The Hindu : Jawahar HSS, Neyveli hogs limelight
The Hindu : Jawahar HSS, Neyveli hogs limelight
Jawahar HSS, Neyveli, grabbed 7 gold medals in the second day of the Jawahar Vidyalaya SSS's CBSE National swimming meet at the SDAT-Velachery Complex here on Wednesday.
Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu
www.hindu.com /2003/10/09/stories/2003100902492000.htm   (299 words)

  
 Industrial Economist - the business magazine from South - Report   (Site not responding. Last check: 2007-10-29)
The spectacular rural electrification programme of the state in the 1960s and 1970s was implemented thanks to Neyveli.
The mines expansion programme, intelligent blasting of the overburden and dedicating the entire output for power launched Neyveli on a course of growth and profits uninterrupted for nearly 25 years.
The very many schemes proposed by Neyveli for the expansion of lignite output and of power were just filed.
www.indeconomist.com /300605_nlc.html   (878 words)

  
 Neyveli Lignite staff to get equity during part sale
The employees of the Neyveli Lignite - one of the two state-run firms in which the government proposes to offload 10 percent shares - had said they will go on an indefinite strike from Tuesday against the divestment decision.
While the prime minister's decision was ostensibly to placate the employees and the coalition partner, reports suggested that the staff would go ahead with the strike.
The proposed disinvestments will bring down the government's stake in Neyveli Lignite to 83.56 per cent from 93.56 per cent and the government expects to raise Rs.11 billion from the sale of equity.
www.indiaenews.com /business/20060703/13561.htm   (468 words)

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