Updates
Notice Inviting Expression Of Interest (EOI) – Slitting & Rewinding of Aluminium Coils with Installing of Slitting Line Machine on Build Own and Operate Basis 18/09/2024     | Download TDS Certificate(s) has been published under Investor Services Menu 17/05/2024     | Expression of Interest for Commercialization of R&D Processes 15/04/2024     | KYC Updation of Physical Folios 25/03/2024     | MOU Scheme for Sale of Aluminium Metal – 2024-25 13/03/2024     | MOU Scheme for Sale of Aluminium Rolled Products – 2024-25 13/03/2024     | Declaration and fixation of Record date for 2nd Interim Dividend for the Financial Year 2023-24 16/02/2024     |

Menu

BBBP Logo
press clipping banner
print page icon

Mining Lease of Pottangi Bauxite Mines granted to NALCO

calender13/07/2016

Bhubaneswar, 13/07/2016: National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of Mines, Govt. of India has been granted Pottangi Bauxite Mines, in Koraput district of Odisha, where the company’s 22,75,000-tonne Alumina Refinery is located. As per a recent order issued by Department of Steel & Mines, Govt of Odisha, NALCO has been granted the mining lease of Pottangi with an area covering 1738 hectares for a period of 50 years.

Speaking on the occasion, Dr. Tapan Kumar Chand, CMD of the company, said that now it is NALCO’s turn to live up to the expectations of both Centre and State, as also the people of Odisha, through expansion, investment and CSR initiatives.

NALCO’s expansion plans, including the proposed addition of 5th stream in its existing Alumina Refinery at an investment of Rs.5,600 crore, greatly depended on this additional source of bauxite.