NALCO signs MoU with NLC India for thermal and renewable energy collaboration 
News Updates

NALCO signs MoU with NLC India for thermal and renewable energy collaboration

NALCO has an MoU with NLC India Ltd. to strengthen cooperation in thermal and renewable energy projects aimed at supporting NALCO’s long-term power requirements

PSU Watch Bureau

New Delhi/Bhubaneswar: National Aluminium Company Limited (NALCO) has signed a memorandum of understanding (MoU) with NLC India Ltd. to strengthen cooperation in thermal and renewable energy projects aimed at supporting NALCO’s long-term power requirements.

PSU Watch is now on Whatsapp Channels. Click here to join

The agreement focuses on collaboration for the 1080 MW thermal captive power project and development of renewable energy initiatives, reinforcing the companies’ commitment to sustainable and reliable energy solutions.

The MoU was signed at Mahabalipuram, Tamil Nadu, in the presence of senior officials including Jagdish Arora and Prasanna Kumar Motupalli, along with directors from NLC India.

According to an official statement, the partnership will provide a structured framework for exploring long-term power tie-ups and coal supply arrangements. The collaboration is also expected to pave the way for joint project development in the future, aligning with the Government of India’s focus on energy security and sustainable industrial growth.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Govt mandates TReDS for all CPSE payments to MSMEs to curb delays

FM to meets heads of PSU banks on Mon, review foreign currency deposit mobilisation

CAG report on Maharashtra's Jal Jeevan Mission flags planning failures, inflated coverage claims

NSDC International appoints Rohit Bakshi as Executive Advisor, Japan

PFC raises $300 million through three-year floating-rate notes