NALCO's ₹30,000 Crore Expansion: On Track, Not Delayed!

National Aluminium Company Ltd (NALCO), a state-owned enterprise, has reaffirmed that its ₹30,000 crore capital expenditure plan for smelter expansion—including a captive power plant—is progressing as scheduled, despite recent speculation about potential delays.

The company stated that the detailed project report (DPR) for the brownfield smelter expansion is being updated to reflect current business needs. This includes integration with a captive power plant featuring renewable energy components.

NALCO also confirmed that discussions with key technology partners, including RTAL, are actively ongoing and progressing well. However, it noted in a BSE filing that it is too early to share specific details at this stage.

This update underscores NALCO’s continued commitment to strengthening its production capacity and maintaining competitiveness in the global aluminium industry.

News by Rahul Yelligetti.