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Nalco to invest in Rs.12,000-cr smelter

Nalco to invest in Rs.12,000-cr smelter
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NALCO plans to set up a new greenfield smelter in Odisha at Kamakhyanagar. The site is close to where NALCO is teaming up with NTPC for setting up a 2,400 MW coal-fired power station. The power project, estimated to cost Rs 14,000 crore, will be implemented by a joint venture company NTPC-Nalco Power Company.

The proposed smelter´s capacity is pegged at 0.6 million tonnes per annum. The power generated by the super thermal power station will feed this greenfield smelter.

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