{"id":158066,"date":"2026-11-13T23:42:34","date_gmt":"2026-11-13T18:12:34","guid":{"rendered":"http:\/\/indusvalleytimes.com\/news\/?p=158066"},"modified":"2026-11-13T23:42:35","modified_gmt":"2026-11-13T18:12:35","slug":"nalco-angul-smelter-capacity-expansion-1-mtpa","status":"publish","type":"post","link":"http:\/\/indusvalleytimes.com\/news\/nalco-angul-smelter-capacity-expansion-1-mtpa\/","title":{"rendered":"NALCO \u00a0to double Angul smelter capacity to 1 MTPA; CMD rules out smelter plant outside Odisha"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">: <strong>Expansion targeted for 2030-31; company reports record half-yearly profit of Rs 3,837 crore<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>By Sukant Mohanty<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Bhubaneswar, Nov. 13:<\/strong> National Aluminium Company Limited (NALCO), a Navratna Central Public Sector Enterprise under the Union Ministry of Mines, has unveiled an ambitious expansion plan to more than double its aluminium smelting capacity at Angul from the existing 0.46 million tonnes per annum (MTPA) to around 1 MTPA by 2030-31.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Announcing the proposed expansion on Friday, NALCO Chairman-cum-Managing Director Brijendra Pratap Singh said the initiative would substantially enhance the company&#8217;s production capacity, global competitiveness and export potential.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As part of the expansion programme, NALCO has signed a technology licensing agreement with Emirates Global Aluminium (EGA) to adopt its proprietary aluminium smelting technology. The collaboration is expected to enable the company to introduce globally established and energy-efficient production processes at the expanded Angul facility.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To address the additional power requirements, NALCO has joined hands with NLC India Limited to establish a 1,080 MW captive thermal power plant through a 50:50 joint venture. The proposed facility will comprise four units of 270 MW each. The company is also examining the possibility of integrating 200-250 MW of renewable energy into the project.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The proposed smelter expansion will receive support from the ongoing fifth-stream project at NALCO&#8217;s alumina refinery in Damanjodi, which is expected to increase alumina availability and meet the enhanced requirements of the Angul facility.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Singh also indicated that NALCO was exploring possibilities for setting up additional greenfield aluminium projects as part of its long-term growth strategy. These initiatives are aimed at strengthening domestic production, encouraging value addition and contributing to India&#8217;s manufacturing ambitions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, responding to a question on the possibility of establishing an aluminium smelter in Andhra Pradesh, Singh clarified that no such proposal had been considered by the company so far.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, NALCO has achieved its strongest-ever half-yearly financial performance during the first half of 2026-27. The company&#8217;s total income reached a record Rs 11,143 crore, while its net profit registered a 54 per cent year-on-year increase to Rs 3,837 crore.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">EBITDA climbed 50 per cent to Rs 5,539 crore, while profit before tax rose 55 per cent to Rs 5,160 crore during the period.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For the second quarter ended September 2026, NALCO reported a 28 per cent rise in net profit compared with the corresponding quarter of the previous financial year. Its operational income also grew 26 per cent to Rs 5,419 crore.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On the production front, the company achieved its highest-ever half-yearly aluminium cast metal output of 2.35 lakh tonnes. It also registered record cumulative domestic sales of alumina and aluminium metal.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reflecting its robust financial performance, the NALCO board declared an interim dividend of Rs 4.50 per equity share for 2026-27, involving a total payout of Rs 826.48 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>: Expansion targeted for 2030-31; company reports record half-yearly profit of Rs 3,837 crore By Sukant Mohanty Bhubaneswar, Nov. 13: National Aluminium Company Limited (NALCO), a Navratna Central Public Sector<\/p>\n","protected":false},"author":1,"featured_media":158067,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[13,46],"tags":[29162,28883,29160,26524,316,29159,29161,28924,414],"class_list":["post-158066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-top-stories","tag-1-mtpa-smelter","tag-aluminium-industry","tag-angul-aluminium-smelter","tag-brijendra-pratap-singh","tag-nalco","tag-nalco-angul-expansion","tag-nalco-financial-results-2026","tag-odisha-industrial-development","tag-odisha-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NALCO to Double Angul Smelter Capacity to 1 MTPA by 2030-31<\/title>\n<meta name=\"description\" content=\"NALCO plans to double its Angul aluminium smelter capacity to 1 MTPA by 2030-31. CMD rules out a smelter plant outside Odisha as net profit hits Rs 3,837 crore.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/indusvalleytimes.com\/news\/nalco-angul-smelter-capacity-expansion-1-mtpa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NALCO to Double Angul Smelter Capacity to 1 MTPA by 2030-31\" \/>\n<meta property=\"og:description\" content=\"NALCO plans to double its Angul aluminium smelter capacity to 1 MTPA by 2030-31. 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