Powering the turnaround | Chennai News

The TVK govt’s White Paper on state finances triggered political debate. A similar assessment of the state’s power sector attracted far less attention as its findings were hardly surprising. The Tamil Nadu Electricity Board has been losing money for years, with little meaningful intervention, though some corrective efforts were made in recent years.A financially weak…

Read More

NLC charts ₹23,600cr FY27 capex, lines up ₹4,620cr BESS projects | Chennai News

NLC India has already announced Rs 1.01 lakh crore investment plan through 2030 Chennai: NLC India (NLCIL), the lignite-cum-power major, is planning a capital expenditure (capex) of about Rs 23,600 crore, including its joint ventures, in FY27.In FY26, the company’s capex spending stood at about Rs 9,131 crore, its highest-ever annual capex, representing an 18%…

Read More