Source: NLC India Limited

February 2026 : In a landmark move for India’s energy landscape, two ‘Navratna’ powerhouses, NLC India Limited (NLCIL) and National Aluminium Company (NALCO), have officially joined forces. On February 14, 2026, the companies signed a Memorandum of Understanding (MoU) aimed at revolutionizing their thermal and renewable energy portfolios through a high-impact collaboration.

The agreement was formalized in the presence of NLCIL Chairman and Managing Director Shri. Prasanna Kumar Motupalli and NALCO Director (Projects & Technical) Shri Jagdish Arora, alongside senior leadership from both organizations. This strategic tie-up establishes a robust framework for the development of a proposed 1200 MW Thermal Captive Power Project, designed to fuel NALCO’s growing industrial appetite with reliable and cost-effective energy.

The partnership goes beyond traditional power generation. By exploring long-term coal supply arrangements and group captive power setups, the collaboration ensures deep-rooted fuel security for future projects. Most notably, the MoU paves the way for joint project development, including the potential formation of a dedicated Joint Venture Company.

Representing the Ministry of Coal and Ministry of Mines respectively, NLCIL and NALCO are aligning their expertise to meet evolving regulatory landscapes. The signing ceremony saw NLCIL represented by Shri Murugan A. (GM/Commercial), while Shri Nagarajan Ravi (EPO-ED, Business Development) signed on behalf of NALCO.

This collaboration marks a significant step toward a self-reliant manufacturing ecosystem, blending NLCIL’s engineering depth in mining and power with NALCO’s industrial prowess. By integrating renewable energy initiatives into the mix, both entities are reinforcing their commitment to a greener, more sustainable industrial future for India.

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