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Green arm of Lignite Company NLC India Limited Starts BusinessActivitie

in Business October 22, 2023 Comments Off on Green arm of Lignite Company NLC India Limited Starts BusinessActivitie 381 Views

Newdelhi:22/10/23:NLC India Limited a Navratna Central Public Sector Undertaking, under the Ministry of Coal has incorporated a wholly owned subsidiary NLC India Green Energy Limited (NIGEL) specially focusing on taking up all Renewable Energy initiatives.

The first Board meeting of the company was held, and the appointment of key managerial positions were approved along with the adoption of the company’s logo. Shri. Prasanna Kumar Motupalli, the Chairman of NIGEL while releasing the logo of the company said that the new company with focused attention on Renewable energy projects will help in increasing the RE power generation capacity faster. With industry climate very optimistic, the growth of RE including storage systems like Pumped Hydro Systems and Battery Energy Storage Systems will happen concurrently.

He further added that as per the Optimal Energy Mix Report 2030 of CEA, Ministry of Power, the envisaged BESS on the Grid is about 41.65 GW and this provides a great opportunity for storage system development.

The subsidiary is expected to establish RE projects to the capacity of 6 GW by 2030. Projects to the tune of 2 GW are being developed at various parts of the country

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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