India's Neyveli Lignite Plans New Investment of $10 Billion

BANGALORE, INDIA--September 10, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Neyveli Lignite Corporation Limited (BOM:513683) (NLC) (Chennai, Tamil Nadu) has earmarked over $10 billion for investments in coal and power projects in both India and overseas. The government-owned lignite mining and power major, which has a turnover of over $814.5 million, is considering several new investment options in thermal power generation as well as coal and lignite mining.