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  • Cash positions at comfortable level despite buyback & dividend: NLC India

    In an interview to CNBC-TV18’s Latha Venkatesh, Sonia Shenoy, and Anuj Singhal, SK Acharya, chairman of NLC India spoke about the buyback and the interim dividend of Rs 7.34/share declared by the company. He also spoke about the outlook of the company going forward.

  • FY17 growth targets in sight, dividends to top FY16: NLC India

    FY17 growth targets in sight, dividends to top FY16: NLC India

    Speaking to CNBC-TV18, SK Acharya, Chairman NLC India said the company will achieve its FY17 growth target and dividends this fiscal will be better than FY16.

  • To set up 1980 MW thermal power plant in UP: Neyveli Lignite

    To set up 1980 MW thermal power plant in UP: Neyveli Lignite

    The Cabinet Committee on Economic Affairs (CCEA) has approved Neyveli Lignite Corporation's (NLC) proposal to set up a 1,980 megawatt (MW) thermal power plant in Uttar Pradesh (UP), Chairman SK Acharya told CNBC-TV18.

  • To buy 1200 MW power station in WB from cash reserves: Neyveli

    To buy 1200 MW power station in WB from cash reserves: Neyveli

    Neyveli Lignite has long-term borrowings of Rs 7000 crore. Financing for the power station will come from cash reserves, says SK Acharya, chairman of Neyveli Lignite.

  • Floods hit Q3 results, will see revenue growth in Q4: Neyveli

    Floods hit Q3 results, will see revenue growth in Q4: Neyveli

    SK Acharya blames flooding for Neyveli‘s subdued performance in third quarter of this fiscal but expects revenue to grow in the fourth quarter year-on-year (YoY).

  • Mining operations from Talabira may start in 2 years: Neyveli

    Mining operations from Talabira may start in 2 years: Neyveli

    The government has allotted Talabira II & III coal mines to the company to meet coal requirements for their power projects, said SK Acharya, Chairman, Neyveli Lignite

  • Expect power generation growth to improve: Neyveli Lignite

    Expect power generation growth to improve: Neyveli Lignite

    Neyveli Lignite posted a 22 percent rise in its net sales to Rs 1,716 crore. Speaking to CNBC-TV18, SK Acharya, Chairman, Neyveli Lignite

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