NLC India Limited (NLCIL), a Navratna Central Public Sector Enterprise under the Ministry of Coal, has signed a Memorandum of Understanding (MoU) with National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, to enhance cooperation in the development of thermal and renewable energy projects.
The MoU establishes a structured framework for collaboration, including a proposed 1,200 MW Thermal Captive Power Project and renewable energy initiatives. The partnership aims to meet NALCO’s captive and long-term power requirements in a manner that is reliable, cost-effective, and sustainable.
The agreement also enables both companies to explore long-term power tie-ups, such as captive and group captive arrangements, along with long-term coal supply mechanisms. These measures are intended to ensure energy and fuel security for identified projects. The MoU further envisages joint project development, including the potential formation of a Joint Venture Company.
The MoU was signed in the presence of NLCIL’s Chairman and Managing Director Shri Prasanna Kumar Motupalli, Shri Samir Swarup, Director (Human Resources), Dr Prasanna Kumar Acharya, Director (Finance), and Shri Rajesh Pratap Singh Sisodia, Director (Planning & Projects). Representing NALCO was Shri Jagdish Arora, Director (Projects & Technical).
Shri Murugan A, GM (Commercial), signed the MoU on behalf of NLCIL, while Shri Nagarajan Ravi, EPO-ED (Business Development), signed on behalf of NALCO. Senior officials from both organisations attended the signing ceremony.
This partnership reflects the spirit of inter-CPSE collaboration, focused on optimising national resources, strengthening energy security, and supporting India’s industrial growth and sustainability objectives, while also advancing NLCIL’s capacity-building efforts.
