NALCO, NLCIL to set up 1,080 MW power plant

NALCO, NLCIL to set up 1,080 MW power plant. NALCO and NLC India Limited have signed a JV agreement for a 1,080 MW captive power plant at Anugola, aimed at securing long-term power supply for industrial operations. The project marks a strategic step in energy self-sufficiency and could enhance operational efficiency for both firms. Financial details and equity split remain undisclosed.

📊 STOCKS: NALCO, NLCINDIA | 🏢 SECTOR: Energy | #MEDIUMIMPACT #PowerProject