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Nalco to Invest INR 55 400 Million in 1 Mt Alumina Refinery

Nalco already has a captive bauxite deposit at Pottangi in the state, which will be utilized in this project. This is the first major expansion in the state run aluminium company in step with the Modi government’s Make in India campaign. With a view to boost the ancillary and downstream industries, Nalco is also committed to supply 50 000 t of aluminium metal to Angul Aluminium Park which has been formed as a joint venture between Nalco and Industrial Development Corporation of Odisha. Apart from investing in its mainstay metals business, the company is also stepping up its fledgling presence in the renewable energy sector.


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