NLC India, NALCO Sign JV Agreement for 1,080 MW Captive Thermal Power Plant in Odisha
India, July 9 -- NLC India Limited (NLCIL) and National Aluminium Company Limited (NALCO) have signed a Joint Venture Agreement to develop a 1,080 MW coal-based captive thermal power plant at Angul, Odisha. The project will strengthen energy security, support NALCO's expansion plans and reinforce India's industrial growth.
Key Highlights
NLC India and NALCO sign a 50:50 Joint Venture Agreement for a 1,080 MW captive thermal power plant.
4270 MW coal-based project to be developed at Angul, Odisha.
Union Coal and Mines Minister G. Kishan Reddy witnessed the agreement signing.
Project aims to ensure reliable long-term power supply and strengthen India's energy security.
New Delhi, July 09: NLC India Limited (NLCIL) and National Aluminium C...
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