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1,080 MW Captive Thermal Power Project at Angul

Sector: Geothermal • Location: Angul, Odisha, India

Source: Megaproject

Project
Planned

NLC India Limited (NLCIL) and National Aluminium Company Limited (NALCO) have signed a joint venture agreement to develop a 4 × 270 MW (1,080 MW) coal-based captive thermal power plant at Angul, Odisha. The JV company will be promoted by NLCIL and NALCO with equal equity participation of 50:50. The JV will develop, finance, construct, own and operate the captive thermal power plant to meet the pow

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The project “1,080 MW Captive Thermal Power Project at Angul” is an infrastructure initiative in the Geothermal sector, located in Angul, Odisha, India. Taiyo aggregates data on it from Megaproject.

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Participants

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Status

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planned

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Description

Description

NLC India Limited (NLCIL) and National Aluminium Company Limited (NALCO) have signed a joint venture agreement to develop a 4 × 270 MW (1,080 MW) coal-based captive thermal power plant at Angul, Odisha. The JV company will be promoted by NLCIL and NALCO with equal equity participation of 50:50. The JV will develop, finance, construct, own and operate the captive thermal power plant to meet the power requirement of NALCO’s 0.5 million tonnes per annum aluminium smelter expansion project. It will also enter into a 25-year fuel supply agreement with NLCIL for coal from the Machhakata coal mine or other mines, and a 25-year power purchase agreement with NALCO for 100% offtake of power.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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