NALCO's Anugola Smelter Expansion Project Gains Momentum with Key Approvals
NALCO's Anugola Smelter Expansion Project, with an investment of ₹30,000 crore, aims to increase capacity to 1.0 MTPA by 2030-31. It includes a technology agreement with EGA and a 1080 MW captive power plant via a JV with NLC India. NALCO is also exploring new Greenfield projects.
The smelter expansion project involves a substantial investment of ₹30,000 crore and aims to nearly double the company's smelting capacity, which will have a significant impact on NALCO's production and market position.
The announcement details significant progress on a major expansion project with key approvals and partnerships secured, indicating positive future growth prospects.
National Aluminium Company Limited (NALCO) is advancing its proposed brownfield Smelter Expansion Project at Anugola, Odisha. The project aims to increase smelting capacity by 0.5 million tonnes per annum (MTPA), nearly doubling the existing capacity to approximately 1.0 MTPA. The approved investment for this expansion is approximately ₹30,000 crore.
Key statutory approvals, strategic partnerships, and enabling initiatives are in place. A recent meeting of the Rehabilitation and Peripheral Development Advisory Committee (RPDAC) focused on facilitating land acquisition, compensation, and rehabilitation for the project. NALCO has also secured a technology licensing agreement with Emirates Global Aluminium (EGA) for its proprietary smelting technology. To meet the additional power requirement of 1100 MW, NALCO has formed a 50:50 Joint Venture with NLC India Limited to establish a 1,080 MW captive thermal power plant. Furthermore, NALCO plans to integrate 200–250 MW of renewable energy.
The Anugola Smelter Expansion Project is targeted for commissioning during 2030-31. This expansion, along with the 5th Stream Alumina Refinery Project at Damanjodi, is supported by the Government of Odisha and the Ministry of Mines. NALCO is also exploring opportunities for new Greenfield aluminium projects across India to convert surplus alumina into finished aluminium, aligning with the 'Make in India' and 'Atmanirbhar Bharat' initiatives.
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