BHUBANESWAR: Union Minister of Coal and Mines Pralhad Joshi has assured that the proposed brownfield enlargement of Nationwide Aluminium Firm Restricted (NALCO)’s smelter plant at Angul may be very a lot on observe and shall be executed on precedence.
In his reply to the latest letter of Metal Minister Dharmendra Pradhan in search of NALCO capability enlargement, Joshi mentioned there is no such thing as a change within the brownfield plans of the corporate. “I’ve been knowledgeable that there is no such thing as a change within the proposed enlargement tasks of NALCO at Angul district of Odisha. These tasks are very a lot on precedence. Preparation of detailed challenge report is underway and the corporate will do due diligence on their feasibility, primarily based on the report,” Joshi mentioned.
“Ministry of Mines is taking all steps for implementation of the tasks to attain Prime Minister Narendra Modi’s imaginative and prescient of Atmanirbhar Bharat. The proposed enlargement shall be useful within the progress of the nation and the State,” the Minister mentioned.
The Navaratna PSU has deliberate to take a position round Rs 30,000 crore by 2027-28 on enlargement and diversification. Round Rs 22,000 crore shall be invested on the enlargement of the corporate’s aluminium smelter unit from 0.46 million tonne each year (MTPA) to 1 MTPA and building of a 1400-MW feeder captive energy plant (CPP) in Angul.
Over Rs 7,000 crore have been pegged for the fifth stream refinery and improvement Pottangi bauxite mines and Utkal D & E coal blocks.