NALCO plans an aluminum smelter and a captive power plant in Jharsuguda with investment of 16,435 crores
Aluminium, Jharsugurha, Jharsugurha- Brajarajnagar- Belpahar, NALCO, Thermal December 2nd. 2009, 11:05amFollowing is an excerpt from a report in rttnews.
National Aluminium Company or Nalco, the state-run aluminium producer, will invest about Rs.22,000 crore to set up two mega projects, one in Andhra Pradesh and the other in Orissa.
Minister for Mines B.K. Handique told the Lok Sabha Tuesday that the navratna firm would set up a 5-lakh ton aluminium smelter in Jharsuguda, Orissa, along with a 1,260 MW captive power plant at an estimated investment of Rs 16,345 crore.
… it has set apart Rs.2 crore each for pre-project activities in Orissa and Andhra Pradesh.