Ferro-alloys.com：The National Aluminum Corporation of India (NALCO) plans to invest more than 300 billion rupees (approximately US$17.7 billion) in the 2027-28 fiscal year for industrial expansion and diversified development.
According to the plan, 70 billion rupees will be used for the fifth refinery, Pottangi bauxite development, and Utkal D and E coal mine transportation projects, and the remaining 220 billion rupees will be used for expansion projects of smelters and self-provided power plants. Including the addition of a 1,400MW captive power plant to support its expansion project in the Angul smelter in Odisha.
After the Patangi bauxite development project is completed, the annual output of the plant will increase by 3.2 million tons, bringing the total output to 10.5 million tons per year.
Since the beginning of the 1980s, NALCO's output has increased threefold.
In addition, Gongqi previously announced the construction of the Angul Aluminum Industrial Park, which covers an area of 233 acres and can accommodate downstream and auxiliary industries. Enterprises in the park can directly obtain molten aluminum from the NALCO smelter.