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NLC India, NALCO ink JV agreement to develop 1,080 MW Thermal Power Plant in Odisha
Jul-08-2026

NLC India and National Aluminium Company (NALCO), a Navratna Central Public Sector Enterprise under the Ministry of Mines, have signed a Joint Venture Agreement for development of a 4 x 270 MW (1,080 MW) Coal-based Captive Thermal Power Plant at Angul, Odisha. 

The Joint Venture Company will be jointly promoted by the company and NALCO with an equal equity participation of 50:50. The Joint Venture will develop, finance, construct, own and operate the 1,080 MW captive thermal power plant, ensuring a reliable long-term power supply to support the expansion project.

NLC India is a Navratna Government of India Enterprise, under the administrative control of Ministry of Coal. The company is engaged in the business of mining of Lignite, Coal and generation of power by using lignite as well as Renewable Energy Sources and consultancy.

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