Nalco to invest Rs 20,550 crore for expansion of alumina refinery at Damanjodi

National Aluminium Company (Nalco) is planning to invest Rs 20,550 crore for expansion of its alumina refinery at Damanjodi and setting up an aluminium park at Angul.

Given the tough going in the market, Odisha-based Navratna PSE has developed a new corporate plan with a new business model that will withstand market onslaughts and keep the company afloat with profitability even in the slump cycle.

Nalco has the largest integrated alumina-aluminium complex of Asia. Its integrated operations cover the entire aluminium production value chain from mining bauxite, refining alumina, smelting aluminium, captive power generation to a strong logistic network in terms of rail & port facilities, coal mining and handling plant to support its operations and to become one of the most cost-efficient aluminium companies across the globe.