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NLC India, NALCO Sign MoU for 1,200 MW Captive Thermal Power and RE Collaboration

NLC India has signed an MoU with National Aluminium Company (NALCO) to jointly develop a 1,200 MW thermal captive power project and expand renewable energy collaboration, with scope for future joint project development.

February 16, 2026. By Mrinmoy Dey

NLC India has announced that the company has signed a Memorandum of Understanding (MoU) 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, NLC said in a statement.

It further added that 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.
 
The MoU was signed in the presence of the NLCIL's CMD Prasanna Kumar Motupalli, Samir Swarup Director (Human Resources), Dr. Prasanna Kumar Acharya (Director Finance), Rajesh Pratap Singh Sisodia (Director Planning and Projects) and Jagdish Arora, Director (Projects and Technical) (NALCO).

Murugan A., GM/Commercial, signed the MOU from the NLCIL side, and Nagarajan Ravi, EPO-ED(BD) NALCO, signed the MOU on behalf of NALCO.

This partnership reflects the spirit of inter-CPSE collaboration, aimed at optimising national resources, strengthening energy security, and supporting India's industrial growth and sustainability objectives and furthering NLCIL's capacity-building efforts, the company stated.
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