Alumina News - Project

Hindalco plans big investment on its Utkal alumina refinery

AL Circle

Aditya Birla Group owned Hindalco Industries has planned big investment worth INR 500-700 crore on de-bottlenecking its Utkal alumina refinery project in Odisha's Rayagada district. The company has now applied for clearance up to 2.25 mtpa from 1.5 mtpa for its Utkal alumina refinery.

news

{alcircleadd}

During the recent conference call after its 3rd quarter results, Satish Pai, managing director of Hindalco said, “...I think in 2017-18 we would have got the complete engineering and the de-bottlenecking sorted out.”

“ So, really it is a question of whether you put in a completely new train or just de-bottlenecking and to be clear, our preference right now is to de-bottleneck and that is why we have applied for clearances to go up to about 2.25 (million tonne) as a first range.”

The de-bottlenecking on alumina refinery is projected to be complete in one and half year. The company's captive Baphlimali bauxite mines supplies reserves to the alumina refinery. The ample amount of reserves can fed the refinery for 25 years once the production started.

{googleAdsense}

Utkal Alumina International Ltd has increased its production eight per cent year-on-year to reach 393,000 tonne in the December quarter.

The refinery is producing at its installed capacity and has secured its place as one of the lowest cost refineries of the world. Utkal’s EBITDA stands at INR 140 crore during the December quarter.

Pai said: "Utkal today is a world class asset and our captive alumina bagged by captive bauxite is proving to be a great strength. We believe that operational improvements ensure that better performance will be sustained in the coming quarters."

Edited By:


This news is also available on our App 'AlCircle News' Android | iOS


Alternate Text
EPIQ Machinery

A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems

Alternate Text
RIA Cast House Engineering

Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines

Alternate Text
Altek

Leading manufacturer of value-added equipment for the aluminum casthouse

Alternate Text
Jagannath Company

Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals

Alternate Text
CETAG

A supplier of proven systems and an expert adviser in aluminum casthouse technology, offering its services worldwide to the aluminum industry.

Related
Business Leads
Interested to buy aluminium powder. Destination :  Amravti,...
10-Jan-2024 Buying request

Interested to buy calcined petroleum coke for aluminium anod...
19-Dec-2023 Buying request

Interested to buy high alumina cement. Sio 28% ...
19-Dec-2023 Buying request

Read this news article and much
more on the AL News app
Get real-time news and business
lead alerts on your phone
SUBSCRIBE NOW
Market

Market

Project

Project

Technology

Technology

Leads

Leads