NLC India and Odisha ink major energy and mineral pact
NLC India has signed an agreement with an Odisha state agency to develop a 3200-megawatt thermal power plant and a beach sand mineral processing facility. The projects represent significant new investments in coal and mineral infrastructure to meet rising electricity demand.
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NLC INDIA LTD signed an agreement on Thursday with India's Odisha state investment agency to build a 3,200-megawatt thermal plant and a minerals facility. The thermal plant involves an investment of 350 billion rupees ($3.69B). The state-owned miner aims to expand its footprint in coal-fired power and fertilizer production.
