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1,080 MW Coal-Based Thermal Captive Power Plant at Angul

Sector: Geothermal • Location: Angul, Odisha, India

Source: Scanx

Project
Planned

NLC India Limited and National Aluminium Company Limited (NALCO) have signed a Joint Venture Agreement to develop a 4×270 MW (1,080 MW) coal-based thermal captive power plant at Angul, Odisha. The project aims to meet the captive power requirement of NALCO's 0.5 MTPA Aluminium Smelter Expansion Project. The Joint Venture Company will have equal equity participation of 50:50 between NLC India and N

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

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planned

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Description

Description

NLC India Limited and National Aluminium Company Limited (NALCO) have signed a Joint Venture Agreement to develop a 4×270 MW (1,080 MW) coal-based thermal captive power plant at Angul, Odisha. The project aims to meet the captive power requirement of NALCO's 0.5 MTPA Aluminium Smelter Expansion Project. The Joint Venture Company will have equal equity participation of 50:50 between NLC India and NALCO, with shares issued at a face value of ₹10 each. The JV includes a 25-year Fuel Supply Agreement with NLC India and a 25-year Power Purchase Agreement with NALCO for 100% power offtake.

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High

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