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Aluminium park creates demand matching Nalco's rated capacity

To meet the surge in aluminium demand, Nalco is opting for brownfield expansion at its Angul facility

Nalco rides on London Metal Exchange gains, sees room for more price hikes
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Jayajit Dash Bhubaneswar
The aluminium downstream park at Angul co-developed by National Aluminium Company (Nalco) along with state-owned Odisha Industrial Infrastructure Development Corporation Ltd (Idco) has generated demand for 0.41 million tonnes of the metal. This demand, fuelled by a rush of proposals from the downstream industries almost matches Nalco's aluminium smelter capacity of 0.46 million tonnes in the park's vicinity.

The Odisha government has approved multiple projects with investments valued at about Rs nine billion for the aluminium park. At a recent meeting of the State Level Single Window Clearance Authority, two proposals were cleared. The first proposal came from a Mumbai-based manufacturer