NLC India Limited: Outcome of Board Meeting

M&A / JV 29 Sept 2026 · Completed· ✓ Verified

Outcome of Board Meeting - NLC India Limited has informed the Exchange regarding Outcome of Board Meeting held on September 29, 2026. Incorporation of a Joint Venture Company with National Aluminium Company Limited(NALCO) with equity participation of the Company and NALCO in the ratio of 50:50for development of 1080 MW (4 X 270 MW) Thermal Captive Power Plant in phasesto meet the captive power requirements of NALCO and exploring options of longterm PPA for the renewable energy requirements of NALCO subject to variousstatutory and administrative approvals and subject to compliance of DIPAMguidelines as may be prescribed.

SectorEnergy & Renewables

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