National Aluminium Company (Nalco) is exploring the possibility of setting up a greenfield aluminium smelter and captive power plant near Jharsuguda, western Orissa at an investment of more than Rs 14,000 crore. The capacity of the proposed smelter is pegged at 5 lakh tonnes per annum with a captive generation facility of 1,250 mw. The alumina required for the project is likely to be sourced from Nalco's existing refinery at Damanjodi. Engineer's India (EIL), which has been appointed the consultant, has found the project technically feasible.

NALCO will be sued if it fails to restore an ash pond breach that has caused an environmental nightmare in Orissa

State-owned National Aluminium Company (Nalco) has chalked out plans to enter the power business through the special purpose vehicle (SPV) route. The company plans to produce over 2,000 Mw by 2016.

Once equity investment in its power business starts, Nalco will hive off the business into an SPV named Nalco Power or Nalco Energy.

Bhubaneswar: National Aluminium Company Ltd (Nalco) has shown interest in developing Independent Power Plants (IPPs) in Odisha.

The Central-sector company is interested to undertake the projects in partnership with the State-owned undertakings like the Odisha Thermal Power Corporation Ltd (OTPCL), the Odisha Mining Corporation (OMC) and the Odisha Hydro Power Corporation (OHPC).

Nalco Chairm

BHUBANESWAR: While the State is reeling under power crisis and low generation of thermal power due to shortage of coal has further aggravated the situation, Union Coal Minister Sriprakash Jaiswal said the Ministry had no such report.

ANGUL: The rapid loading system at Bharatpur coal mine at Talcher, which was damaged in a fire was made operational last evening. It started functioning after one of the two sets of the damaged conveyor belts was replaced at a cost of Rs 2.50 lakh. This restored normal supply of coal to Nalco. A huge fire broke out at the loading system on December 29 damaging the merry-go-round system.

ANGUL: Coal supply to Nalco captive power plant was hit on Tuesday following a fire mishap at the rapid loading system in linked Bharatapur coal mine at Talcher coalfield. The fire destroyed the conveyer of the rapid loading system of Nalco at the mine.

The situation in Nalco on Wednesday became more serious due to the acute shortage of coal with only less than 30,000 MT of the stock left for the captive power plant at Angul. Without arranging this most important raw material, the management recently operated 240 new pots at the smelter plant.

BHUBANESWAR: National Thermal Power Corporation (NTPC) today assured to augment power supply to the State provided Mahanadi Coalfields Limited (MCL) meets the coal requirement of its power plants.

National Aluminium Company (Nalco), a leading producer of aluminium in the country, intends to enter the energy sector as an independent power producer.

The company is exploring thermal, hydro and nuclear route to achieve this ambition.