DBT Bureau
Pune, 15 Feb 2026
NLC India Limited (NLCIL), a Navratna Central Public Sector Enterprise under the Ministry of Coal, has signed a Memorandum of Understanding with National Aluminium Company (NALCO) to strengthen collaboration in the development of thermal and renewable energy projects.
The MoU provides a structured framework for cooperation in the proposed 1200 MW Thermal Captive Power Project and renewable energy development, aimed at meeting NALCO’s captive and long-term power requirements in a reliable, cost-effective, and sustainable manner.
The collaboration also enables exploration of long-term power tie-ups, including captive and group captive arrangements, as well as long-term coal supply arrangements, ensuring energy and fuel security for identified projects. The MoU further envisages joint project development, including the possible formation of a Joint Venture Company.
This partnership reflects the spirit of inter-CPSE collaboration, aimed at optimizing national resources, strengthening energy security, and supporting India’s industrial growth and sustainability objectives, while furthering NLCIL’s capacity-building efforts.
