NewsPrimary ALAccumulate Sterlite Ind; target of Rs 140: Plilladher
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Accumulate Sterlite Ind; target of Rs 140: Plilladher

Edited by : AL CIRCLE
1 min read
Alouette has announced the signing of an MoU for long-term energy supplies, which will support the smelter's technological growth and development projects.

Under terms of the agreement, Québec government is authorizing Hydro-Québec to provide Aluminerie Alouette with 500 MW of energy, which is required for the expansion project known as Phase III. The expansion would increase Alouette's production from 575,000 to about 930,000 metric tons of primary aluminum per year.

Alouette's Phase III project is currently being developed and will be based on research and development programs, equipment improvement and process optimization targeting the implementation of a new energy-efficient potline.

The MoU signed today will be instrumental in realizing the potential expansion of Alouette. The Phase III project is pending engineering and feasibility studies, which are not yet completed.

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