Hello and welcome to the Current Affair's Portal of ExamPundit.in. Sarat Kumar Acharya on 1st October, 2015 assumed office as Chairman-and-Managing Director of Neyveli Lignite Corporation Ltd. (NLC), a Navratna company which comes under Ministry of Coal. The company is in the business of Lignite and Coal mining and Power generation.
Acharya served in NLC as Director (Human Resource) and has varied experience of over 35 years of working in BHEL, NTPC, NTPC-SAIL Power Company and NLC.
He will replace Surender Mohan, who has retired.
NLC plans to achieve a total generation capacity of 12,221 MW by the end of the 13th five year plan in 2022, against 2,990 MW at present.
The corporation expects to achieve a lignite mining capacity of 49 million tonnes per annum (MTPA) by that year, compared to 30.60 MTPA in the lignite mines of Tamil Nadu/ Rajasthan at present.
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