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Hindalco Industries to invest Rs 4,000 cr on Hirakud rolling mill expansion

Company is in talks with Apar Industries for setting up a wire rod conductor making facility close to its smelting unit

Jayajit Dash  |  Bhubaneswar 

Hindalco
Hindalco's Aditya smelter is fed by alumina primarily sourced from Utkal Alumina Ltd

Aditya Birla Group-owned Industries Ltd has firmed up plans to expand the capacity of its downstream mill at in western The facility makes flat-rolled products (FRP) and will see an investment of Rs 4,000 crore for ramping up capacity from 1,35,000 tonnes per annum now to 3,75,000 tonnes.

"We are looking for 100 acres of contiguous land to complete the expansion. Most of the products manufactured at the FRP are exported. We are witnessing a very good demand for such products and this is driving our expansion", said R K Gupta, head (Sambalpur cluster), Industries.

 
Group company owns an aluminum smelter of 0.36 million tonnes per annum capacity supported by 900 Mw CPP at Lapanga in Sambalpur district. It also has an FRP facility for rolled products, extrusion products and wire rods.
 
is in talks with for setting up a wire rod conductor making facility close to its smelting unit.
 
"We are not going to offer any land to but we have assured them molten Hindalco, as of now, is not facilitating any aluminum downstream park", Gupta said.
 
A technology driven and customer focused company; offers value added products and services in power transmission conductors, petroleum specialties, power and telecom cables.
 
Hindalco's Aditya smelter is fed by alumina primarily sourced from Ltd, a 100 per cent subsidiary of Industries Ltd.
 
is also aiming to raise capacity of its alumina refining unit at Rayagada in south
 
"We intend to double capacity of the Utkal refinery from 1.5 million tonnes per annum (mtpa) to three mtpa. Initially, the capacity would be raised to two mtpa. Our investment in the first phase could be Rs 1,000 crore", he added.
 
The Utkal refinery is fed by the company's captive Baphlimali bauxite mines with enough reserves to cater to the refinery's requirement for 25 years after its ramp-up. The mine contains very low amount of silica which provides a cushion against rising caustic soda prices.

First Published: Mon, October 16 2017. 18:10 IST
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