Aluminium major Nalco plans to set up a 1 million tonne per annum capacity alumina refinery in Gujarat at an investment of Rs 4,500 crore. The company is in the process of preparing a Detailed Project Report (DPR) for this purpose.
It also has plans to set up a 1.4 million tonne a year alumina refinery in Andhra Pradesh, based on bauxite reserves in that state. Besides, it plans to set up a new smelter in Western Odisha with an investment of about Rs 16,000 crore. The project is now being pursued with the Odisha government.
Meanwhile, it is learnt that the company plans to engage a contractor for transportation of aluminium metal from its stockyard in Kolkata.