NSEPress Release8 Jul 2026 · 8 Jul 2026, 05:41 pm

Press Release

NLC India Limited · NLCINDIA

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NLC India Limited and National Aluminium Company Limited (NALCO) have signed a joint venture agreement to develop a 1,080 MW captive thermal power project at Angul, Odisha.

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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment8/10

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Full Announcement

NLC India Limited has informed the Exchange regarding a press release dated July 08, 2026, titled "NLC India Limited and NALCO Sign Joint Venture Agreement for 1,080 MWCaptive Thermal Power Project at Angul, Odisha".

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NLCINDIA_08072026174021_SE_NALCO_JV_Press_Release_08_07_2026-Signed.pdf

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NLC India Limited ~(Inf)"> fA~ (‘Navratna’ - Government of India Enterprise) t Registered Office: No.135, EVR Periyar High Road, Kilpauk, Chennai-600 010. !\Jcr NLCIND~-, Corporate Office: Block-1, Neyveli-607 801, Cuddalore District, Tamil Nadu. <.,(iuv-> CIN : L93090TN1956GOI003507, Website: www.nlcindia.in \ : ± ) SUMMIT CREATING WEAlTH n¥ tan III wr,1r11, tk rtt111w1111101111.wty email: cosec@nlcindia.in Phone: 044-28369139 FORW ELLBEING lllffl/016■0~ Lr. No. NLC/Secy/LODR/2026 Date: 08.07.2026 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. 08.07.2026 for your reference and record please. Thanking You, Yours Faithfully, For NLC India Limited, Company Secretary & Compliance Officer Encl: As above ,,. ..... ........ ... CCfF/058/2026 Date: 08.07.2026 Press Release NLC India Limited and NALCO Sign Joint Venture Agreement for 1,080 MW Captive Thermal Power Project at Angul New Delhi, 8 July 2026: NLC India Limited (NLCIL), a Navratna Central Public Sector Enterprise under the Ministry of Coal, and National Aluminium Company Limited (NALCO), a Navratna Central' Public Sector Enterprise under the Ministry of Mines, signed a Joint Venture Agreement today for development of a 4 x 270 MW (1,080 MW) Coal-based Captive Thermal Power Plant at Angul, Odisha. The Joint Venture Agreement was signed in the august presence of Shri G. Kishan Reddy, Hon1ble Union Minister for Coal and Mines. The ceremony was attended by Shri Sanoj Kumar Jha, Additional Secretary, Ministry of Coal & Chairman and Managing Director (Additional Charge), NLC India Limited; Shri Brijendra Pratap Singh, Chairman and Managing Director, NALCO; Dr. Prasanna Kumar Acharya, Director (Finance), NLC India Limited; Shri Abhaya Kumar Beuria, Director (Finance), NALCO; Shri Jagdish Arora, Director (Projects & Technical), NALCO; Shri Vivek Kumar Bajpai, Joint Secretary, Ministry of Mines, along with senior officials of the Ministry of Coal, Ministry of Mines, NLC India Limited and NALCO. The Joint Venture Company will be jointly promoted by NLC India Limited and NALCO with an equal equity participation of 50:50. The Joint Venture will develop, finance, construct, own and operate the 1,080 MW captive thermal power plant, ensuring a reliable long-term power supply to support the expansion project. The initiative marks a significant milestone in strengthening collaboration between two leading Central Public Sector Enterprises and reflects the Government of India's commitment to promoting integrated resource development, energy security and sustainable industrial growth. l o.r,, Chief/G eneral Manager Corporate Communications