Nalco gets bauxite mines for AP venture

NALCO is all set to go ahead with its Rs 6,000 crore aluminium complex venture in AP.

September 20, 2009 01:36 IST

National Aluminium Company Ltd (Nalco) is all set to go ahead with its Rs 6,000 crore aluminium complex venture in Andhra Pradesh as the bauxite mines it had sought has been cleared by the Centre and the Andhra Pradesh government. The company has bagged Gudem and Katamraju Konda bauxite mines in AP, which promises a deposit of 85 million tonne of bauxite, according to a Nalco spokesperson.

Nalco plans to build a 1.4 million tonne green field alumina refinery based on the Gudem and KR Konda bauxite deposits at Visakhapatnam at an estimated investment of Rs 6,000 crore.

Nalco is India’s largest alumina producer and third largest aluminium maker. It produced 1,576,500 tonne of alumina and 361,262 tonne of aluminium in 2008-09.

This article was first uploaded on September twenty, twenty nine, at thirty-six minutes past one in the night.