Bhubaneswar, March 10 -- Navratna central public sector enterprise National Aluminium Company Limited (NALCO) has requested the Odisha government to expedite the land handover process for its ambitious Rs 30,000 crore expansion projects in the state. The proposed investments are aimed at boosting production capacity and strengthening the company's position as it works towards achieving the prestigious 'Maharatna' status by 2030.

Major Expansion Planned at Angul

As part of its expansion strategy, NALCO plans to set up a 0.5 million tonne per annum (mtpa) aluminium smelter at its existing Angul complex with an investment of Rs 18,000 crore. Alongside this, the company intends to establish a 1,080 megawatt coal-based captive power plant at...