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September 08, 2008


NALCO board approves INR 409 crore CAPEX

It is reported that board of National Aluminum Company has approved INR 409 crore capital expenditure for implementation of up gradation program on its 4th stream of alumina refinery in Orissa.

The capacity of the Orissa refinery will be upgraded from 525,000 tonnes per annum to 700,000 tonnes per annum and that of bauxite mines capacity will be increased from 630,000 tonnes per annum to 682,500 tonnes per annum.