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02 FEBRUARY 2022 AL CIRCLE

Ducon Infratechnologies to take on alumina handling and wagon loading package at NALCO

EDITED BY : SARNALI CHAKRABORTY 2MINS READ

Ducon Infratechnologies Limited, India's premier Fossil Fuel/Coal Clean Technology Business, has announced that National Aluminium Company (NALCO), a Central Government Enterprise, and a Navaratna have awarded the company contracts in its Bulk Material Handling Segment.

Ducon Infratechnologies to take on alumina handling and wagon loading package at NALCO
 

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Ducon will take on Lumpsum Turnkey projects for Alumina Handling & Wagon Loading Package at NALCO Damanjodi Refinery and Alumina Handling Package at Vizag Port, using its cutting-edge technologies. The deal is projected to bring in between Rs 125 and Rs 150 crore in income for the firm. Ducon has worked with NALCO since 2002 and has completed a number of projects for them. In addition, Ducon is now working on a project at NALCO's Aluminium Smelter in Angul, Orissa, which will be the company's second Alumina Handling Project this fiscal year.

"We are delighted to work with NALCO on executing this order. India is witnessing across the board expansion in Indian Alumina Companies/capacities and Ducon is a leader in Alumina Handling/Wagon Loading technologies/expertise and is well poised to leverage its experience and execution capability to see a significant scale in orders and order size going forward,” said Aron Govil, CMD of Ducon on the order.

According to Aron Govil, Ducon is already working on an Alumina Handling Package for Vedanta Limited's Lanjigarh Alumina Refinery. DUCON is credited with installing India's largest material handling system in an aluminium smelter at Hindalco Industries Ltd's Aditya Aluminium Unit in Sambhalpur, Orissa, and the company is uniquely positioned to take advantage of India's world-leading efforts in Clean Coal Technologies/FGD (Flue Gas Desulfurization) and Green Coal Projects, as well as significant expansion in smelter capacities across the board.

Global Aluminium Industry

Ducon Infratech is presently trading at Rs22.80 on the BSE, up Rs1.05 (4.83%) from its previous close of Rs21.75.

Tagged with:

NALCO India New projects

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EDITED BY : SARNALI CHAKRABORTY 2MINS READ

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