Nalco to set up aluminium alloys plant, floats EoI

National Aluminium Company

Keeping in view the future applications of aluminium metal in bullet trains, aerospace and electric vehicles, National Aluminium Company (Nalco) is planning to set up a high-end aluminium products plant.

This will be done by availing technology from foreign suppliers. Nalco has floated an Expression of Interest (EoI) to select the technology supplier.

According to T K Chand, chairman & managing director, Nalco, “The technology for high end aluminium products plants is not available in India. So, we are in talks with potential suppliers in USA and Russia to avail their technologies.”

He added: “If we get the right technology, our proposed plant may come up within the aluminium park at Angul or somewhere closer to the site.” It is to be noted that Nalco already has a memorandum of understanding (MoU) with the Defence ministry PSU- Mishra Dhatu Nigam Ltd (Midhani) for manufacture of high-end aluminium alloys.

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Author: Research Desk