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NALCO's Phase II expansion nearing completion

Thursday, 17 Dec 2009
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The ongoing Phase II expansion of NALCO at an investment of Rs 4,402 crore is nearing completion.

One unit of 120 MW in captive power plant out of two units, has been commissioned since August 2009. Similarly, 93 per cent of the pots in smelter expansion are already in service. The balance of pots are likely to be completed soon.

For value addition, utilisation of surplus alumina and for strengthening its market presence, NALCO is mulling to set up a greenfield smelter and power plant in the country or abroad. Indonesia and Iran are the short listed destinations due to availability of coal and cheap gas based power.

Also See:

NALCO in talks with Indonesia bank to revive Iran project (23-Nov-09)

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