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State-run National Aluminium Co Ltd (NALCO) is likely to sign a joint venture agreement for a greenfield aluminium smelter in Iran in the next few months. NALCO plans to build a 310,000 tonne smelter and a power plant in Iran with Iran's Kerman Development Organisation in a project that would cost it 80 billion rupees ($1.7 billion). The company had had signed a memorandum of understanding with Kerman in 2007.

 

Another overseas venture in Indonesia for a smelter and power plant was awaiting port and rail concessions by the Indonesia government. NALCO is India's third largest aluminium maker. It produced 361,262 tonnes of aluminium in 2008/09 ended in March. crackcrack

National Aluminium Share Price

423.75 6.00 (1.44%)
15-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
National Aluminium 423.75
Maan Aluminium 143.20
Arfin India 92.90
Manaksia Aluminium 28.87
PG Foils 220.05
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