National Aluminium Company (NALCO) is planning to invest around Rs 30,000 crore over the next 7-8 years on its expansion and diversification. Of the proposed investment, Rs 22,000 crore will be spent on smelter and captive power plant (CPP) expansions, which also include expansion of the company’s smelter plant at Angul district in Odisha with construction of a 1400 MW feeder CPP.
Besides, the company will spend over Rs 7,000 crore on the 5th stream refinery, Pottangi bauxite mines, bauxite transportation system from south block & Utkal D & E coal mines. The company’s growth plans will contribute significantly to government's self-reliance vision in terms of production and consumption of alumina and aluminium in the country.
NALCO has the largest integrated alumina-aluminium complex of Asia. Its integrated operations cover the entire aluminium production value chain.
Company Name | CMP |
---|---|
National Aluminium | 188.90 |
Maan Aluminium | 151.65 |
Arfin India | 51.00 |
Manaksia Aluminium | 27.55 |
Century Extrusions | 19.30 |
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