Nalco can gain Rs 250 cr on alumina sale to Vedanta
Company, however, not keen on selling alumina to Vedanta as they are competitors, say Nalco sources
National Aluminium Company (Nalco), which has an exportable alumina surplus of nearly one million tonne per annum, stands to gain Rs 250 crore if it agrees to sell the intermediate product to its competitor - Vedanta Aluminium Ltd (VAL). The business deal, though apparently lucrative, is not tempting enough for Nalco, which prefers to export the surplus alumina.
Publication Date:
28/01/2013