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Deal▲ Bullish for NALCO
NLC India, NALCO to set up 1,080 MW captive power plant in 50:50 JV
The brief
- NLC India and NALCO will set up a 1,080 MW captive power plant in a 50:50 JV
- The project will have four 270 MW units to meet NALCO’s captive power needs
- The project supports NALCO’s power needs and gives NLC India a joint-venture project pipeline