ScoutQuest23 Oct 2026
NLC India513683New partnership deal

NLC India signs MoUs with IPICOL for 3200 MW Odisha thermal plant, beach sand processing facility and coal gasification exploration

By ScoutQuest · · 1 min read

Thermal Plant Capacity
3200 MW Odisha thermal plant
Beach Sand Facility Investment
tentative investment of 2000 Cr
Potential Employment
potential employment of 500 numbers
Release
Deal / acquisition

📌 NLC India Limited signed Memorandums of Understanding with the Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL) at Mumbai on 22.10.2026 covering three projects in Odisha.

🏭 The beach sand mineral processing facility carries a tentative investment of 2000 Cr and is expected to generate potential employment of 500 numbers, the company says.

📌 Under the coal gasification MoU, NLCIL will explore the technical feasibility of coal gasification and the production of synthesis gas (Syn-Gas) for potential applications in the fertilizer sector.

📌 The MoUs were signed by Shri I.S. Jasper Rose, Executive Director (Mines & Land), NLCIL, and Smt. Aboli Sunil Naravane, IAS, Managing Director, IPICOL, in the presence of Shri Mohan Charan Majhi, Hon'ble Chief Minister of Odisha.

More numbers
  • Capacity, Odisha ultra super-critical thermal plant3200 MW
  • Unit size, Odisha thermal plant800 MW
  • Potential investment, Odisha thermal plantRs.35,000 crore
  • Tentative investment, beach sand mineral processing facility2000 Cr
  • Expected employment, Odisha thermal plant4,000
  • Expected employment, beach sand mineral processing facility500
  • Capacity, Odisha ultra super-critical thermal plant3200 MW (4x 800 MW)
Source: BSE · 23 Oct 2026

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