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

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

Saturday, April 15, 2017, 7:13 PM

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. Nalco entered into a pact with IIT Bhubaneswar to boost its research activities.
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