12th Rare Earth Summit
May 27-28, 2021
Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
May 20-21, 2021
Hangzhou, Zhejiang, China
9th Magnesium Summit
April 15-16, 2021
Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
March 25-26, 2021
Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
7th Refractory & Abrasive Materials Summit 2019
May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
6th World Manganese & Selenium Forum
May 21-22, 2018
Hainan Sanya, China
Nalco to invest Rs 30,000 crore on expansion by FY2027-28
2021-01-08 14:10:45 【Print】
Navratna PSU Nalco would invest around Rs 30,000 crore in the next six to seven years (by 2027-28) on the company's expansion and diversification plans.
It was announced by Union minister for coal and mines, Pralhad Joshi. "With the ambitious growth plans that Nalco has for the future, it will contribute significantly to the alumina and aluminum sectors having a multiplier effect in the production and consumption of this strategic metal," said Joshi.
While around Rs 22,000 crore will be spent on expansion of the company's smelter plant at Angul district and establishment of a 1400 megawatt (MW) captive power plant (CPP). The expansion project is currently at the land acquisition stage.
The Navratna PSU has also envisioned to spend the remaining amount in establishment of the 5th stream refinery, development of Patangi bauxite mines and bauxite transportation system from south block and Utkal D and E coal mines, said official sources. Nalco's bauxite production capacity will increase from 7.3 mtpa to 10.5 mtpa after operationalization of Patangi mines.
.
It was announced by Union minister for coal and mines, Pralhad Joshi. "With the ambitious growth plans that Nalco has for the future, it will contribute significantly to the alumina and aluminum sectors having a multiplier effect in the production and consumption of this strategic metal," said Joshi.
While around Rs 22,000 crore will be spent on expansion of the company's smelter plant at Angul district and establishment of a 1400 megawatt (MW) captive power plant (CPP). The expansion project is currently at the land acquisition stage.
The Navratna PSU has also envisioned to spend the remaining amount in establishment of the 5th stream refinery, development of Patangi bauxite mines and bauxite transportation system from south block and Utkal D and E coal mines, said official sources. Nalco's bauxite production capacity will increase from 7.3 mtpa to 10.5 mtpa after operationalization of Patangi mines.
.