Nalco lines up Rs 200 bn capex over next 5 yrs to ramp up production

With the new smelter, the company targets a turnover of Rs 320 billion by 2032, which would earn it the tag of a Maharatna company

The public sector National Aluminium Company (Nalco) has lined up over Rs 200 billion investment over next five years for brownfield expansion of its aluminium, alumina and captive power generation capacities.

The company has started work to ramp up its aluminium production from 0.46 million to 1.06 million tonne at it Angul smelter with an investment of Rs 90 billion. Alongside, it is also building a new captive thermal power plant of 1320 Mw capacity at a cost of Rs 60 billion.

Similarly, the company is adding one million tonne of alumina capacity to its 2.1 million tonne refinery at