NSEPress Release22 Oct 2026 · 22 Oct 2026, 08:07 pm
Press Release
NLC India Limited · NLCINDIA
✦ AI Summary▲ PositiveExpansion
NLC India Limited has signed Memorandums of Understanding (MoUs) with the Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL) for the establishment of a 3200 MW ultra super critical coal-based thermal power plant, a coal gasification project, and a beach sand mineral processing facility in Odisha.
Analysis Scores
Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
NLC India Limited has informed the Exchange regarding a press release dated October 22, 2026, titled "NLCIL Signs MoU with IPICOL for Establishment of a 3200 MW (4x800 MW)Ultra Super Critical coal-based thermal power plant and Exploration of CoalGasification-Based Fertilizer Production and Beach Sand Mineral ProcessingFacility in Odisha".
Attachments (1)
📄pdf
Download →
NLCINDIA_22102026200744_SE_MoU_with_IPICOL_Press_Release.pdf
View document text
NLC India Limited
f<'l{1n~f?'>
(‘Navratna’ - Government of India Enterprise)
Registered Office: No.135, EVR Periyar High Road, Kilpauk, Chennai-600 010.
<;,NLCIND9 Corporate Office: Block-1, Neyveli-607 801, Cuddalore District, Tamil Nadu.
<.,{}LJ\)v CIN : L93090TN1956GOI003507, Website: www.nlcindia.in
CREATING WEALTH email: cosec@nlcindia.in Phone: 044-28369139
H'funtl~lkW1lll1llllllslal1111illy
FOR WELLBEING
Lr. No. NLC/Secy/LODR/2026 Date: 22.10.2026
To To
National Stock Exchange of India Ltd. BSE Ltd.
Exchange Plaza, C-1, Block G, Phiroze JeeJeebhoy Towers,
Bandra Kurla Complex, Dalal Street,
Bandra (E) Mumbai – 400 051. Mumbai - 400 001.
Scrip Symbol : NLCINDIA Scrip Code: 513683
Sir/Madam,
Sub: Intimation under SEBI (LODR) Regulations, 2015 – Press Release
We furnish herewith a copy of Press Release dt. 22.10.2026 for your reference and record
please.
Thanking You,
Yours Faithfully,
For NLC India Limited,
Company Secretary
& Compliance Officer
Encl: As above
CCfF/074/2026 Date: 22-10-2026
PRESS RELEASE
NLCIL Signs MoU with IPICOL for Establishment of a 3200 MW (4x800 MW)
Ultra Super Critical coal-based thermal power plant and Exploration of Coal
Gasification-Based Fertilizer Production and Beach Sand Mineral Processing
Facility in Odisha
NLC India Limited (NLCIL) signed Memorandum of Understandings (MoUs) with the
Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL) at
Mumbai on 22.10.2026 for:
1. Coal Gasification project at Odisha and exploring opportunities for establishing
linkages between coal gasification and fertilizer production. NLCIL will explore
the technical feasibility of coal gasification and the production of synthesis gas
(Syn-Gas) for potential applications in the fertilizer sector.
2. Establishment of a Beach Sand mineral processing facility with a tentative
investment of 2000 Cr and expected to generate potential employment of 500
numbers, contributing to industrial development and socio-economic growth in
the region.
3. Development of 3200 MW (4x 800 MW) Ultra super-critical coal-based thermal
power plant in Odisha. Involving a potential investment of Rs.35,000 crore. The
proposed project is expected to generate employment opportunities for
approximately 4,000 persons, contributing to the State's economic growth and
industrial development.
The MoUs were signed by Shri I.S. Jasper Rose, Executive Director (Mines &
Land), NLCIL, and Smt. Aboli Sunil Naravane, IAS, Managing Director, IPICOL, in
the presence of Shri.Mohan Charan Majhi, Hon'ble Chief Minister of Odisha, Shri.
Hemant Sharma IAS Additional Chief Secretary, Industries Department, Energy,
Govt. of Odisha and Dr.Prasanna Kumar Acharya, Chairman-cum-Managing
Director (CMD), NLCIL.
Through this initiative, NLCIL and IPICOL reaffirm their commitment to partnering
in the i!7dustrial and infrastructure development of Odisha, strengthening the
State's power infrastructure and supporting its long-term development objectives,
to explore new avenues for integrating the coal and fertilizer sectors, supporting
the Government of India's vision of Atmanirbhar Bharat while contributing to
Odisha's industrial development and economic growth and promoting mineral
based industries, generating employment and supporting the economic growth of
Odisha.
General Manager (HR)
Corporate Communications