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NTPC signs MoU with NALCO to set up power plant in Odisha

17 Dec 2016 Evaluate

NTPC has signed a MoU with National Aluminium Company (NALCO) to set up a coal-based power project, having a production capacity of 2,400 MW, in Odisha's Dhenkanal district. The energy produced at this unit will be used for meeting captive power requirement of NALCO for proposed greenfield Aluminium Smelter Plant at Kamakhya Nagar, Dhenkanal and expansion at Angul in Odisha.

NTPC is an Indian central Public Sector Undertaking (PSU) under the Ministry of Power, Government of India, engaged in the business of generation of electricity and allied activities.

Peers
Company Name CMP
NTPC 320.30
Tata Power 352.90
Adani Power 197.75
Power Grid Corpn. 258.15
Adani Energy Solut. 1350.10
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