New Delhi: State-owned National Aluminium Company Ltd (Nalco) is aiming to start its Pottangi bauxite mines in Odisha by June next year as the company plans to ramp up its mining capacity supporting its goal of expanding its integrated aluminium business.
Dilip Buildcon Ltd had emerged as L-1 bidder for the development and operation of Pottangi bauxite mines.
“...our target is June next year we will be starting the mines,” NALCO CMD Brijendra Pratap Singh said.
The company is set to enhance its alumina production capacity at its Damanjodi refinery in Koraput district, Odisha.
Nalco operates a 2.275 million tonnes per annum (MTPA) alumina refinery at the site and is undertaking the installation of a 5th stream that will add an additional 1 MTPA capacity.
To support this expansion, the Odisha government has granted Nalco a mining lease for the Pottangi Bauxite Deposit in Koraput district. The lease covers an area of 697.979 hectares and is valid for 50 years, ensuring steady raw material supply for the increased alumina production.
This capacity augmentation is expected to strengthen Nalco’s position in the aluminium sector and contribute to the industrial growth of Odisha.
The CMD further said till production from Pottangi starts or if it gets delayed by a few months, the production from alternate sourcing of bauxite will come. So, there will not be a shortage of bauxite for the expanded refinery. PTI