NALCO to set up Rs.9000 Crore green field smelter project in Dhenkanal

NALCO to invest over Rs 30,000 crore over the next four years.

Among the projects under execution is the 1 MTPA capacity 5th stream alumina refinery brownfield project in the existing refinery complex at Damanjodi at an estimated cost of Rs 5,540 crore. The project is slated to be completed by April, 2021.

The company has kick started Rs 9,000 crore and 6lakh TPA brownfield smelter at the existing complex at Angul in Odisha.

Development of Utkal D and E coal mines at Angul is being undertaken at an estimated cost of Rs 534 crore and the work is likely to be completed by 2019-20 and 2022-23, respectively.

NALCO is also setting up a 2.7 lakh TPA caustic soda plant in a joint venture with Gujarat Alkalies and Chemicals Limited (GACL) at Dahej, Gujarat with an estimated project cost of Rs 1,999 crore, Chand said.

An Angul Aluminium Park is being set up in a JV with state-owned Odisha Industrial Infrastructure Development Corporation (IDCO to promote downstream & ancillary industries at an estimated project cost of Rs 100 crore.

The company is also setting up a 60,000 MTPA capacity alloy wire rod plant at its smelter in Angul to produce more value-added products at a cost of Rs 131 crore.

Stating that the company has also made a foray into renewable energy sector, Chand said two wind power plants of 25 MW capacity each are being set up in Tamil Nadu at a cost of Rs 310 crore.

Also in the pipeline is a 6 lakh TPA greenfield smelter in Odisha's Dhenkanal which will entail an investment of Rs 9,000 crore. Chand said adding, Rs 7,000 crore would be invested to set up a 1,320 MW Thermal power plant at Angul in Odisha.

Source: BL