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The Economic Times
The Economic Times
Business

Nalco, NLCIL sign JV pact to set up 1,080 MW captive power plant in Odisha

NALCO On NLCIL Odisha aluminium Coal Renewable Energy

New Delhi: State-owned National Aluminium Company Ltd (Nalco) on Wednesday announced entering into a joint venture agreement with NLC India Ltd (NLCIL) to set up a 1,080 MW thermal captive power plant in Odisha. ​

The joint venture-cum-shareholders' agreement (JVA) has been signed for the formation of a 50:50 joint venture company to develop a 4x270 MW (1,080 MW) thermal captive power plant in Anugola, Odisha, Nalco said in a regulatory filing.

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