NALCO's project update status

Nalco plans to invest around Rs. 40,000 crore in various new as well as existing projects, has a special focus on its entry into the energy sector - especially its joint venture with nuclear power major NPCIL, a top official said today.

The status of the projects as follows:

Plans are afoot to set up a new smelter in Western Odisha with an investment of about Rs. 16,000 crore.

The company has formed a Joint Venture with Nuclear Power Corporation of India Ltd (NPCIL) to set up nuclear power plants in India. The JV has chosen Kakrapar Units 3 and 4 of 700 MW each in Gujarat as their first JV project with an estimated project cost of Rs. 11,500 crore. The construction work has already started and the project is scheduled to be commissioned by December 2015.

The company is also planning to set up a Rs. 4,500 crore alumina refinery in Gujarat with 1 million tonne per annum capacity. Preparation of Detailed Project Report (DPR) has been taken up.

It also has plans to set up a 1.4 million tonne a year alumina refinery in Andhra Pradesh, based on bauxite reserves in that state.

Nalco is setting up a Rs. 274 crore Wind Power Project in Andhra Pradesh with a capacity of 50.4 MW, which is in the final stage of commissioning. Plans are afoot for a second Wind Power Projec