State

Nalco to set up new alumina refinery at Damanjodi

Bhubaneswar,November 10:Public sector aluminium major National Aluminium Company (Nalco) will set up a new alumina refinery with one million tonne capacity at Damanjodi in Odisha's Koraput district.

The navratna public sector undertaking (PSU) will be investing Rs 6000 crore for the refinery apart from an additional investment of Rs 2000 crore for the development of Utkal D and E coal blocks.

Nalco will be soon allocated Pottangi bauxite mines for the new refinery, informed Union Mines secretary Balwinder Kumar, who accompanied by Nalco chairman and managing director (CMD) T K Chand met Chief  Minister Naveen Patnaik here today and discussed the matter with him.

Both Kumar and Chand had called on the chief secretary G C Pati before meeting Chief Minister Naveen Patnaik.

The state government recently extended the validity of Nalco's Panchpatmalli lease in Koraput district up to 2020.

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