Sterlite Industries
is planning to invest Rs.5,000 crore in enhancing the capacity of Bharat
Aluminium Company’s (Balco) aluminium smelter at Korba in Chhattisgarh, from
one lakh tonnes per annum to three lakh tonnes per annum, over the next three years.
A part of the funds
for the proposed expansion would be generated through Balco’s internal
accruals.