China Aluminium Network
NALCO battling crisis on Bauxite,refinery fronts
Edited by : AL CIRCLE
1 min read
Citing impediments on the way of the firm's progress,Mines Minister Dinsha Patel said Utkal E block with 67.4 million tonnes reserves alloted by the Coal Ministry in 2004 could not be developed so far for want of land acquisition by state government.
Also, investment to tune of Rs 6,500 crore for firm's third phase expansion has been put on hold on account for difficulties in acquiring mining lease for Pottangi bauxite deposit in Odisha with reserves of 75 million tonnes.
"As with implementation of third phase expansion, existing reserves will last for 14 years only ... Pottangi bauxite reserves will help for enhancing the life of refinery by another seven years i.e up to 2032," Patel added.
NALCO owns and operates a large integrated Mines-Alumina- Aluminium Complex in the country with multi-locational operations including Mines and Alumina Refinery at Damanjodi, Orissa, aluminium smelter and Captive Power Plant at Angul, Orissa and Port Facilities at Visakhapatnam, Andhra Pradesh.
Also, investment to tune of Rs 6,500 crore for firm's third phase expansion has been put on hold on account for difficulties in acquiring mining lease for Pottangi bauxite deposit in Odisha with reserves of 75 million tonnes.
"As with implementation of third phase expansion, existing reserves will last for 14 years only ... Pottangi bauxite reserves will help for enhancing the life of refinery by another seven years i.e up to 2032," Patel added.
NALCO owns and operates a large integrated Mines-Alumina- Aluminium Complex in the country with multi-locational operations including Mines and Alumina Refinery at Damanjodi, Orissa, aluminium smelter and Captive Power Plant at Angul, Orissa and Port Facilities at Visakhapatnam, Andhra Pradesh.
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