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NTPC signs MoU with National Aluminium Company

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Capital Market
Last Updated : Dec 17 2016 | 12:03 AM IST

To set up JV company to supply power from proposed coal based power project

NTPC announced about the signing of an Memorandum of Understanding on 16 December 2016 between NTPC and National Aluminium Company (NALCO) to set up the proposed joint venture Company between NTPC and NALCO to supply about 2400 MW power from proposed coal based power project at Dhenkanal, Odisha for meeting captive power requirement of NALCO for proposed greenfield Aluminium Smelter Plant at Kamakhya Nagar, Dhenkanal and expansion at Angul in Odisha.

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First Published: Dec 16 2016 | 6:10 PM IST

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