Nalco and NLC India Sign Joint Venture Agreement for 1,080 MW Captive Thermal Power Plant in Odisha
The National Aluminium Company (Nalco) and NLC India Ltd (NLCIL) have signed a joint venture agreement to establish a 1,080 MW captive thermal power plant in Angul, Odisha.
The project will be developed through a 50:50 joint venture and will consist of four units of 270 MW each. This project is aimed at supporting the aluminium capacity expansion of Nalco.