Chennai/New Delhi, July 8 -- The public sector NLC India Limited (NLCIL) and National Aluminium Company Limited (NALCO), also a Navratna Central Public Sector Enterprise, signed a Joint Venture Agreement on Wednesday for the development of a 4 x 270 MW (1,080 MW) Coal-based Captive Thermal Power Plant at Angul, Odisha.

The JV pact was signed in the presence of union Minister for Coal and Mines G.Kishan Reddy, NLCIL said here this evening.

The ceremony was attended by Sanoj Kumar Jha, Additional Secretary, Ministry of Coal and Chairman and Managing Director (Additional Charge), NLC India Limited; Brijendra Pratap Singh, Chairman and Managing Director, NALCO; Dr. Prasanna Kumar Acharya, Director (Finance), NLC India Limited; Abhaya Kumar Be...