NLC India Signs 3 MoUs for Odisha Projects Worth ₹35,000 Cr

NLC India Limited (NLCIL) has signed three Memoranda of Understandings (MoUs) with the Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL) in Mumbai. These MoUs cover the establishment of a 3200 MW (4x800 MW) Ultra Super Critical coal-based thermal power plant with an estimated investment of ₹35,000 crore, expected to create 4,000 jobs. Additionally, NLCIL will explore coal gasification for potential fertilizer production linkages and investigate the establishment of a Beach Sand mineral processing facility with a tentative investment of ₹2,000 crore, aiming to generate 500 employment opportunities. These initiatives aim to bolster Odisha's industrial and infrastructure development, strengthen its power sector, and support economic growth.