Neyveli Lignite corporation's statement of intent is very clear: Upgrading lignite is a key priority and strategy to meet India's power needs, using their own indigenous lignite resources in the most efficient and environmentally freindly way possible - COLDRY.
Expression of interest for design of upgraded brown coal based steam generator for pilot plant at Neyveli
https://web.nlcindia.com/tender/tenderview.php?&tendid=17225&type=G
International competitive bidding notice inviting expression of interest from steam generator designers for design of upgraded brown coal based steam generator for pilot plant at Neyveli
https://web.nlcindia.com/tender/20150826_0039C_COCont_nit.pdf
When you look at the position of this company and the current placement of its marker on the timeline to commercialisation, its 2 minutes to midnight. Its just that close. This weeks market thunderstorm and fallout has NO BEARING on the fundamentals of this coy whatsoever. The company released an announcement stating that fact. Congratulations to those who added to their holdings this week. Big doesnt begin to describe the scale of how this is shaping up. Hold on to your hats.
All long term holders, deserve the rewards that are coming their way.
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