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NLC India plans ₹35,000-crore thermal power plant in Odisha

GenevaTimes by GenevaTimes
October 22, 2026
in Business
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NLC India plans ₹35,000-crore thermal power plant in Odisha
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NLC India plans a 3,200 MW coal-fired power plant in Odisha as part of a proposed investment in power generation and mineral processing.

NLC India plans a 3,200 MW coal-fired power plant in Odisha as part of a proposed investment in power generation and mineral processing.

NLC India said on Thursday
it has signed an ​agreement with Odisha’s state investment agency
to ‌pursue a coal-fired power plant, ​a coal-gasification study
tied to ⁠fertilizer production and a beach sand minerals project.

Here are more details:

* The ‌planned thermal plant would involve an investment of ₹35,000 crore ($3.69 billion) and have a ‌capacity ⁠of 3,200 megawatt, the state-owned ⁠miner and power producer said

* The beach sand mineral processing facility would involve ​a
tentative investment of ‌₹2,000 crore

* While NLC did not disclose the investment for the
coal-gasification proposal, it said ‌it would explore the
possibility of ​coal gasification and the production of synthesis
gas for its ⁠use in the fertilizer sector

* Coal gasification converts coal into synthesis ‌gas, mainly
hydrogen and carbon monoxide, that is used to make chemicals and
fertilizers, while beach sand minerals such as ilmenite, rutile
and zircon are used in pigments, ‌ceramics, aerospace and
titanium-based products

* The move marks ​a significant commitment to coal-based
infrastructure despite global pressure to ⁠shift toward cleaner
energy, as electricity demand ⁠surges

* NLC estimates the power project could create about ‌4,000
jobs and the minerals facility about 500

Published on October 22, 2026

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