CAG audit flags operational gaps and revenue losses at NLC India
A performance audit by the Comptroller and Auditor General of India (CAG) identified operational, financial and compliance gaps at NLC India Limited’s lignite mines and thermal power stations in Neyveli, leading to revenue losses and safety and environmental concerns. The audit covered 2017-18 to 2022-23 and reviewed Mine-I, Mine-IA and Mine-II along with TPS-I Expansion (TPS-IE), TPS-II and TPS-II Expansion (TPS-IIE). Land shortages constrained mining activity. Of 12,835 hectares identified, NLC India held 9,180 hectares…
