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Top Stories

NALCO

Vedanta, NALCO or Hindalco: Recent aluminium price correction to offer a buying window?
Primary AL
After a volatile first half of the year, analysts believe that the recent correction in aluminium prices could bring favourable news. It may open up opportunities for investors in India's leading aluminium producers, including National Aluminium Company (NALCO), Hindalco Industries and Vedanta Aluminium Metal. From January to June, the London Metal Exchange (LME) aluminium prices surged almost 25 per cent, driven largely by geopolitical concerns surrounding the Strait of Hormuz. However, afte ...
MECON completes conveyor trial for NALCO's alumina refinery expansion in Odisha
Alumina
MECON Limited has successfully completed the trial run of the BBC-1 and BBC-2 conveyor systems for NALCO's 1.0 million tonnes per annum (MTPA) Alumina Refinery Stream-5 expansion project at Damanjodi, Odisha. The trial was carried out in the presence of NALCO Director (Production & Technology) and MECON Director (Technical), marking a key milestone in the progress of the refinery expansion. According to MECON, the successful testing of the conveyor systems represents an important step toward ...

SupplementAL
State-owned National Aluminium Company Limited (NALCO) has signed a joint venture agreement with NLC India Limited (NLCIL) to establish a 1,080 MW thermal captive power plant in Odisha, strengthening the energy backbone for its planned aluminium smelter expansion.   In a regulatory filing, NALCO elaborated that the two public sector enterprises have signed a Joint Venture-cum-Shareholders' Agreement (JVA) to create a 50:50 joint venture company to develop a 4x270 MW (1,080 MW) thermal captive ...
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