
Kolkata, Sept. 28 -- National Aluminium Company Ltd (NALCO), in association with Odisha Industrial Infrastructure Development Corporation (IDCO), organised a roadshow in Kolkata to showcase investment opportunities at Angul Aluminium Park.
Union Mines Minister G Kishan Reddy said India imports nearly $4 billion worth of high-finish aluminium products, making greater production, value addition and a strong downstream ecosystem key priorities. Mines Secretary Keshav Chandra stressed greater value addition and high-value finished products, supported by technology, innovation and indigenous R&D.
NALCO CMD Brijendra Pratap Singh said the park aims to build an integrated downstream aluminium ecosystem around NALCO's operations in Angul. IDCO MD D Prasanth Kumar Reddy highlighted its molten metal corridor and availability of land, water and energy.
NALCO will provide 50,000 tonnes of hot metal annually at a discounted rate. NALCO paid a record dividend of Rs 1,083.06 crore to the Centre for
FY 2025-26.
Published by HT Digital Content Services with permission from Millennium Post.