NLC India, NALCO to set up 1,080 MW captive power plant in 50:50 JV

NLC Indiaon Tuesday, September 29, said its board has approved the formation of a 50:50 joint venture with National Aluminium Company (NALCO) to develop a 1,080 MW thermal captive power plant.The proposed joint venture, which will be incorporated in India as NLC NALCO Power Limited or another name…