Nalco To Establish 1,000 Acre Aluminium Park In Angul

National Aluminium Company (Nalco), the largest producer and exporter of aluminium in the country, plans to establish an aluminium park at Angul to encourage consumption of the metal within the state. Most of the aluminium produced by the public sector blue chip company, at present, is either exported or sold outside the state for further value addition. Out of the average 30,000 tonnes of aluminium produced per month by Nalco''s smelter at Angul, 28,000 tonnes are send outside the state, with only 2,000 tonnes being consumed in the state. The proposed aluminium park is hoped to increase the metal consumption within the state to at least 20,000 tonnes per month.

Both national and international aluminium players would be infused to establish downstream units in the proposed park to facilitate more metal sales within the state. Meanwhile, Nalco''s plan to establish a second smelter plant along with a captive power plant in Orissa depends on the company being allotted additional bauxite mines and coal block for the project. Nalco, which has been looking for location in West Asia and South-east Asia to establish a smelter plant, had earlier announced to have a smelter plant with annual capacity of 500,000 tonne in Orissa, its second after the Angul facility, provided the company was assured of raw material linkage for the project.