Sops by Nalco, Odisha govt to make aluminium park globally competitive

A string of incentives announced by National Aluminium Company (Nalco) and the Odisha government promises to make the downstream aluminium park at Angul a globally competitive cluster.

The aluminium park is being developed jointly by Nalco and state owned Odisha Industrial infrastructure Development Corporation (Idco). The park, spread over 240 acres is located close to Nalco’s aluminium smelting unit at Angul.

The park is modelled on Sohar Aluminium’s cluster in Oman where molten aluminium is supplied to the downstream units. This saves on logistics costs and also ensures continuous raw material supplies.

In India, this is the first of its kind project in