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NALCO’S Smelter Project gets approved by Indonesian Investment Coordination Board
Edited by : AL CIRCLE
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Minister of Mines (Independent Charge), Shri Dinsha J. Patel informed Rajya Sabha today in a written reply that National Aluminium Company Limited(NALCO’s) proposal to set up the Rs 16,500 crore aluminium smelter and captive power plant project has been approved by Indonesian Investment Coordination Board. A non-binding Memorandum of Understanding to set up the project in East Kalimantan Province has been signed with Government of East Kalimantan .
He further informed that NALCO has prepared the Detailed Feasibility Report for the project. Land has been identified in East Kalimantan Province for the project. Consultants have been short-listed for Environment Impact Assessment and Financial Advisory Services.
He further informed that NALCO has prepared the Detailed Feasibility Report for the project. Land has been identified in East Kalimantan Province for the project. Consultants have been short-listed for Environment Impact Assessment and Financial Advisory Services.
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