Nalco may invest Rs 900 cr on wind power facility in Odisha

Firm signs pact IIT-Bhubaneswar

Aluminium PSU National Aluminium Company (Nalco) is evaluating possibilities of putting up a 150 Mw capacity wind power plant in Odisha. The investment on the proposed green power project may exceed Rs 900 crore considering the thumb rule that for every MW capacity created in wind energy, Rs 6-6.5 crore is needed.
 

“We are interested in both wind energy and solar power plants in the state. Given the necessary incentives and facilities, Nalco would proceed on these plans. We have requested the Odisha government to provide land and other clearances for the green power projects,” said Nalco’s chairman