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NLC India jumps 5% after plans for 2 thermal plants in Odisha

by Blitzindiamedia
September 29, 2023
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MUMBAI: NLC India stocks was up five percent higher in the morning trade on September 29 after the state-owned company announced its plan to set up 3×800 megawatt (MW) coal-based power plants in Odisha. The company also said it executed a power-purchase agreement with GRIDCO, an Odisha state power undertaking, for the purchase of 400 megawatt power that will be generated through the proposed thermal power plants in Jharsuguda and Sambalpur.

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