In a significant development for India’s power and aluminum sectors, NTPC Limited, the country’s largest integrated power utility, has entered into a non-binding Memorandum of Understanding (MoU) with National Aluminium Company Limited (NALCO), a prominent Navaratna Company engaged in aluminum production. The MoU aims to explore various avenues, including coal-based thermal, solar PV, wind, and other renewable energy sources, as well as energy storage solutions, or a combination thereof. The objective is to provide approximately 1200 MW or more of uninterrupted, round-the-clock power to support NALCO’s expansion plans for its smelter plant capacity in Angul, Odisha.
The signing ceremony, held at the SCOPE Complex in New Delhi, saw the presence of key officials including Shri Dillip Kumar Patel, Director (HR) of NTPC, and Shri Jagdish Arora, Director (Project & Technical) of NALCO. This strategic collaboration underscores the commitment of both entities to harnessing diverse energy solutions to meet the evolving needs of India’s industrial landscape.
Tags: Energy, NALCO, NTPC, Renewables
Recent Posts
India grants approval for marine insurance cover to Russian tankers
Monjasa and Fuel Marine Oil Corp complete first biofuel bunker supply
Peninsula adds chemical tanker for biofuel supply
Bergen Engines joins Norwegian initiative for transition to alternative fuels
Indian Ocean, Bay of Bengal may serve as potential carbon storage sinks
ARIPL to power up 700 MWp solar project
Basin Electric Power CO2 capture projects receive funding
FHWA announces grants to help reduce truck air pollution near ports