Tamil Nadu Chief Minister Opposes Disinvestment of Stake in Neyveli Lignite Corporation

Tamil Nadu Chief Minister C. Joseph Vijay has written a letter to Prime Minister Narendra Modi on Friday (June 26, 2026). In this letter, CM Vijay has opposed the decision of the Central Government to go ahead with the proposed disinvestment of its equity in Neyveli Lignite Corporation India Limited (NLC). At the same time, he has requested PM Modi to reconsider this decision of the Central Government. In a letter to Prime Minister Narendra Modi, Tamil Nadu Chief Minister C. Joseph Vijay said, "I am writing this letter to express the deep concern of the Government of Tamil Nadu on the decision of the Government of India to go ahead with the disinvestment of its stake in Neyveli Lignite Corporation India Limited (NLC), which is proposed to be sold through an offer for sale of up to 3% of the paid-up equity as per the notification, which includes a base offer of 2% and a green-shoe option of additional 1%." He said, "The Government of Tamil Nadu strongly opposes the proposed disinvestment of its stake in Neyveli Lignite Corporation India Limited (NLC) as it is too important for its growth."