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NLC India signs MoUs with Industrial Promotion and Investment Corporation of Odisha
Oct-23-2026

NLC India has signed Memorandums of Understanding (MoUs) withthe Industrial Promotion and Investment Corporation of Odisha (IPICOL) for CoalGasification project at Odisha and exploring opportunities for establishinglinkages between coal gasification and fertilizer production. The company willexplore the technical feasibility of coal gasification and the production ofsynthesis gas (Syn-Gas) for potential applications in the fertilizer sector. The MoUs also cover the establishment ofa Beach Sand mineral processing facility with a tentative investment of Rs 2000crore and expected to generate potential employment of 500 numbers,contributing to industrial development and socio-economic growth in the region.

Additionally, the MoUs cover the developmentof 3200 MW (4x 800 MW) Ultra super-critical coal-based thermal power plant inOdisha. Involving a potential investment of Rs 35,000 crore. The proposedproject is expected to generate employment opportunities for around 4,000persons, contributing to the State's economic growth and industrialdevelopment.

Through this initiative, NLC India and IPICOL reaffirmtheir commitment to partnering in the industrial and infrastructure developmentof Odisha, strengthening the State's power infrastructure and supporting itslong-term development objectives, to explore new avenues for integrating thecoal and fertilizer sectors, supporting the Government of India's vision ofAtmanirbhar Bharat while contributing to Odisha's industrial development andeconomic growth and promoting mineral based industries, generating employmentand supporting the economic growth of Odisha.

NLC India is a Navratna Government of IndiaEnterprise, under the administrative control of Ministry of Coal. The companyis engaged in the business of mining of Lignite, Coal and generation of powerby using lignite as well as Renewable Energy Sources and consultancy.

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