TV
State-run Navratna company NALCO (National Aluminium Company Limited) has announced an ambitious investment plan of nearly Rs 30,000 crore over the next five years. The plan includes major infrastructure development, new production facilities, and global market expansion, official sources said on Friday.
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Speaking at the NALCO Media Connect 2025 event held in New Delhi, CMD Brijendra Pratap Singh shared that the company will invest Rs 18,000 crore to establish a new smelter plant in Odisha. Additionally, Rs 12,000 crore coal-based power plant is also on the cards.
The overarching aim is to achieve ‘Maharatna’ status by 2030 — a goal that would elevate the company’s autonomy and financial power in the public sector.
To reach this target, NALCO plans to increase its annual turnover from the current Rs 17,000 crore to Rs 25,000 crore. This growth will be supported by the upcoming smelter, expansion of Damanjodi refinery, and operationalisation of the bauxite mine at Pottangi.
Moreover, NALCO is intensifying its focus on the international markets. The company has already identified England as a key export destination moving forward. CMD Singh has also clarified that recent tariff policies by the United States will have no significant impact on NALCO’s operations.
The company appears confident and forward-looking as it prepares to scale up both its domestic production capacity and global presence.
“Now we will carry out bauxite mining of 75 lakh tonnes at Pottangi mine. This is an old mine which has recently been allocated to us and we will increase it by 30 lakh tonnes annually. The mining activities will start by June next year (June 2026). Gradually that will increase from 75 lakh tonnes to around 110 lakh tonnes,” the CMD stated.
“Alumina production will also be raised by adding 10 lakh tonnes more to the current 21 lakh tonnes. We have fixed a target to commission the production by June next year and to end the commissioning of added-on 10 lakh tonnes by the end of next financial year (March 2027),” CMD Singh informed while speaking to media.
