National Aluminium Company Limited (NALCO) and NLC India Limited (NLCIL) have signed a Joint Venture Agreement (JVA) to develop a 4×270 MW (1,080 MW) coal-based captive thermal power plant at Angul, Odisha. The agreement was signed in the presence of Union Minister for Coal and Mines G. Kishan Reddy in New Delhi, along with senior…
The Expert Appraisal Committee (EAC) for Thermal Projects has recommended the grant of Terms of Reference (ToR) for National Aluminium Company Limited’s (NALCO) proposal to expand its captive power plant at Angul, Odisha, from 1,200 MW to 2,280 MW. The Rs 11,313.47 crore project involves the installation of 4×270 MW sub-critical units. The recommendation, however,…
NLC India Limited (NLCIL) has signed a Memorandum of Understanding (MoU) with National Aluminium Company Limited (NALCO) to jointly develop thermal and renewable energy projects. The agreement is intended to meet NALCO’s long-term power requirements through cost-effective and sustainable energy solutions. The MoU was formalised on February 14, 2026, in Mahabalipuram in the presence of…
National Aluminium Company (Nalco) has outlined an investment of about Rs 300 billion over the next five years to establish a new aluminium smelter along with a coal-based power plant. The company has allocated around Rs 170–180 billion for the smelter project in Odisha, while approximately Rs 120 billion will be directed toward the power…
Central Mine Planning & Design Institute Limited (CMPDIL), a wholly owned subsidiary of Coal India Limited, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The IPO will be an offer for sale of up to 71.4 million equity shares by…