Coal India subsidiary looks at JV with NTPC for 1600 mw power plant

Coal India’s subsidiary Mahanadi Coalfields Ltd (MCL) is in discussion for forming a joint venture (JV) with state-run NTPCNational Thermal Power Corporation Limited, is an Indian Public Sector Undertaking, engaged in the business of generation of electricity and allied activities. It is a company incorporated under the Companies Act 1956 and a "Government Company" within the meaning of the act. The headquarters of the company is situated at New Delhi. NTPC's core business is generation and sale of... More Ltd to run the proposed 1,600 megawatt pit-head power plant in Odisha’s Sundergarh district, an official said on Monday.

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