NALCO ₹30,000-Crore Expansion Plan

NALCO ₹30,000-Crore Expansion Plan

  • Investment Breakdown: ₹17,000 crore for a new 0.5 mtpa aluminium smelter, ₹13,000 crore for a 1,200 MW captive power plant with NTPC (25-30% renewable).
  • Funding Strategy: Moving to a 70:30 debt-equity ratio to raise funds.
  • Technology Partner: Rio Tinto Canada onboarded for smelter project.
  • Timeline: Initial investments in FY27, peak spending FY28-FY30, completion by FY30.
  • Mining & Refinery: ₹2,000 crore in FY25, 5th-stream refinery (70% complete) to be operational by Dec 2024.
  • Challenges: Execution risks, cost escalations, and regulatory hurdles.

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