Nalco-NLC India 1080 MW Captive Power Plant
Sector: Power Generation (CCGT) • Location: Odisha, India
Source: Construction World
Nalco and NLC India have agreed to form a joint venture to build a 1080 MW captive power plant in Odisha with an investment of Rs 120 billion. The plant will secure baseload power for Nalco's aluminium operations and strengthen energy self-sufficiency. The joint venture will have a 25-year power purchase agreement with Nalco and a long-term coal supply agreement with NLC India. NLC India will leve
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Status
Original status | planned |
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Available timestamps | 00-00-0000 |
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Contact
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Description
Description | Nalco and NLC India have agreed to form a joint venture to build a 1080 MW captive power plant in Odisha with an investment of Rs 120 billion. The plant will secure baseload power for Nalco's aluminium operations and strengthen energy self-sufficiency. The joint venture will have a 25-year power purchase agreement with Nalco and a long-term coal supply agreement with NLC India. NLC India will leverage its mining expertise and coal resources to ensure uninterrupted fuel supply. The project aims to reduce dependence on market power purchases and enhance competitiveness through predictable power costs. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Location
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Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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