Nalco, NLCIL to jointly build 1,080 MW power plant in Odisha

Nalco and NLCIL have signed a JV agreement to establish a 1,080 MW captive power plant in Odisha, aimed at securing long-term power supply for industrial operations. The project marks a significant step in energy self-reliance and could enhance operational efficiency for both firms. Investment details and project timelines are expected to be disclosed soon.
📊 STOCKS: NATIONALUM, NLCINDIA | 🏢 SECTOR: Energy | #MEDIUMIMPACT #PowerProject