NTPC and NALCO signs MoU

NTPC and NALCO signs MoU to establish a 2400 MW Coal based power project at Gajmara, Odisha

Question: Recently a Memorandum of Understanding (MoU) between NTPC Limited and National Aluminium Company Limited (NALCO) has been signed to establish a 2400 MW coal based power project in which of the following state?
(a) Assam
(b) Uttar Pradesh
(c) Rajasthan
(d) Odisha
Ans:(d)
Related facts:

  • On 16 December, 2016; a Memorandum of Understanding (MoU) between NTPC Limited and National Aluminium Company Limited (NALCO) has been signed.
  • The MoU will facilitate the setting up of a Joint Venture (JV) Company to establish a 2400 MW coal based power project at Gajmara, Dhenkanal, Odisha.
  • The generated power will be taken by the NALCO as a JV partner for the Brownfield expansion of its 5 lakh tonne Aluminium smelter at Angul and the Greenfield project of a 6 lakh tonne smelter at Kamakhya Nagar, Odisha.
  • The estimated investment in all these projects will be approximately Rs. 36,000 crores.

Reference:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=155590