Nalco to set up ‘mega’ power plant in Orissa,

• 13 years ago (2010-09-27)
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India’s National Aluminium Company Limited (Nalco) is proposing to set up a 5000 MW ‘mega thermal power plant’ in Orissa, official sources have said.

The company had previously expressed an interest to set up the power plant in collaboration with a state public-sector undertaking (PSU), according to energy minister Atanu S Nayak. The Indian government would make a decision after a full examination of the plans, he later added.

"We are interested to set up a power plant in Orissa in collaboration with any state-run PSU," Nalco Managing Director A K Srivastava told reporters after meeting the chief minister.

Srivastava confirmed that Nalco is ready to invest the required funding for the proposed project, and additionally stated that Nalco already has expertise in power generation from its 1200 MW thermal captive power plant.

Refusing to divulge the amount of the proposed investment, Srivastava said the location for the power plant would be decided later.

Furthermore, it was announced the company was also preparing to set up a gas fired power plant in Orissa.