NTPC, NALCO ink MoU for power generation

A 2400 MW coal based power project will be set up at Dhenkanal in Odisha and supply captive power for expansion plans of NALCO at Angul

GN Bureau | December 20, 2016


#PSU   #power generation  



NTPC Limited and National Aluminium Company Limited (NALCO) have signed a Memorandum of Understanding (MoU) for power generation. A 2400 MW coal based power project will be established at Gajmara, Dhenkanal in Odisha and supply captive power for expansion plans of NALCO at Angul and also greenfield project at Kamakhyanagar in Dhenkanal, Odisha.

Power minister Piyush Goyal said that in coming days the demand for aluminium shall increase many folds in the rapidly growing Indian economy and the projects led by companies shall take forward the Make in India initiative bringing jobs and opportunities for the people of Odisha.

He lauded the turnaround capability of NTPC by running nearly 50-year-old Talcher Thermal Power Station.

Minister of state Dharmendra Pradhan said that mineral rich state of Odisha is now getting its due with many new industries being set up in the state. He said this JV of NALCO and NTPC is an ideal tie up of two companies and advocated setting up of more industries bringing state of the art technologies to Odisha.

The two leading central public sector companies are synergising their respective domain expertise to fuel the economic growth of India. The joint venture agreement and power purchase agreement shall be fast tracked and be in place by the end of the current financial year, a press release said.
 

Comments

 

Other News

`M`rashtra muni. corpns face major governance, citizen participation gaps`

A statewide consultation organised by Praja Foundation has highlighted major governance, financial, and citizen participation gaps across Maharashtra’s Municipal Corporations, calling for urgent reforms to strengthen urban local bodies in line with the 74th Constitutional Amendment Act. &nb

When children stay healthy, they stay in school

Learning Begins with Wellbeing The future of education is often discussed through the lens of classrooms, technology, and learning outcomes. Yet one of the most critical drivers of a child’s ability to learn remains surprisingly overlooked: their health.  

India lost Rs 52,000 crore to cyber fraud in five years: DoT

India has lost more than Rs 52,000 crore to cyber fraud over the last five years, officials have revealed. Out of approximately 60 lakh cyber fraud complaints received, more  than 3,000 cases have been resolved and six cyber fraud setups have been busted.   On the occ

India must not wait for its own Ella

In many Indian cities, children learn to wear masks before they are old enough to understand why. That reality should alarm us far more than it does.   In 2020, nine-year-old Ella Adoo Kissi Debrah became the first person in the world to have air pollution officially recognized a

An ode to the cradle of humankind

The Alphabets of Africa: Poems By Abhay K. Vintage Classics, 280 pages, ₹499.00   Abhay K

Ahmedabad district railway network to be expanded

The Cabinet Committee on Economic Affairs, chaired by prime minister Narendra Modi, on Wednesday approved the Ahmedabad (Sarkhej) – Dholera Semi High-Speed Double Line project of Ministry of Railways with total cost of Rs. 20,667 crore (approx.). It will be Indian Railways 1st semi high-speed project


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter