National Aluminium Company Limited (NATIONALUM) — Announcement | 8 July 2026

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📢 Key Event
Joint venture with NLC India for 1,080 MW thermal captive power plant

💡 Investor Takeaway
The JV secures dedicated power for expansion but involves government entities, limiting immediate financial upside.

National Aluminium Company Limited announced a joint venture with NLC India Limited to build a 1,080 MW thermal captive power plant in Angul, Odisha, to support NALCO's smelter expansion, with 50:50 equity sharing and long-term power and coal supply agreements.

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About National Aluminium Company Limited (NATIONALUM)

Metals & Mining · Non - Ferrous Metals · Listed on NSE

Market Cap: ₹74,126.46 Cr P/E: 17.7

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"How will the JV impact NALCO's cash flow requirements?" "What is the expected timeline for JVC incorporation?" "How does the 50:50 structure affect governance and decision-making?"

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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