Plan to add 500 MW capacity in FY13: Neyveli Lignite

[smart profit]

Neyveli Lignite has announced its fourth quarter results. The company's Q4 net profit was up at Rs 605 crore versus Rs 588 crore on year-on-year basis (YoY).

In an interview to CNBC-TV18, AR Ansari, chairman and managing director of Neyveli Lignite says, the performance of FY11-12 is extremely encouraging.

The company, he says, is contemplating to add another 500 megawatts, 2x250 megawatts to the capacity. “With this, it will go to around 3,200 megawatts by end of this financial year,” he adds.

 

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http://www.moneycontrol.com/news/results-boardroom/plan-to-add-500-mw-capacityfy13-neyveli-lignite_710093.html?utm_source=executive-briefing