NALCO signs technology deal with Emirates Global Aluminium for smelter expansion
NALCO has signed a technology partnership with Emirates Global Aluminium (EGA) to deploy EGA’s DX+ Ultra aluminium smelting technology for its 0.5 MTPA smelter expansion at Anugola, Odisha. This aims to enhance productivity and energy efficiency, increasing NALCO's total capacity towards 1 MTPA.
The technology partnership and expansion project are expected to significantly increase NALCO's production capacity and operational efficiency, impacting its market position and financial performance.
The agreement signifies a strategic partnership that will enhance NALCO's technological capabilities and production capacity, leading to improved efficiency and competitiveness.
National Aluminium Company Limited (NALCO) has signed a technology partnership agreement with Emirates Global Aluminium (EGA) in Dubai. This agreement is for the deployment of EGA’s DX+ Ultra aluminium smelting technology for NALCO’s 0.5 million tonnes per annum (MTPA) brownfield smelter expansion project at Anugola, Odisha.
The Technology Licensing Agreement was signed in the presence of Shri Brijendra Pratap Singh, Chairman-cum-Managing Director, NALCO, and Mr. Abdullnasser Bin Kalban, Chief Executive Officer, EGA. The agreement provides NALCO with the technology license, know-how, designs, and technical information required for implementation, along with technical support.
The DX+ Ultra technology is a high-amperage and efficient smelting technology designed for higher productivity and improved energy performance. This adoption is expected to enable NALCO to develop an efficient and competitive smelter with optimized capital and operating costs. The expansion will add approximately 0.5 MTPA of aluminium production capacity, bringing NALCO’s total capacity closer to 1 million tonnes per annum.
Shri Brijendra Pratap Singh, CMD, NALCO, stated that the Anugola smelter expansion project, with EGA’s technology, is expected to be one of the most efficient aluminium smelters in India. He added that this expansion will support the company’s growth, strengthen India’s aluminium ecosystem, contribute to India’s economic growth, and support greater environmental efficiency.
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National Aluminium Company Limited filed this with the NSE as a statutory disclosure, categorised under strategic partnerships. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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