National Aluminium Company Limited — Others, 05-06-2025: Rumour Verification - Regulation 30(11)
05-06-2025 | 02:27 pm
05-06-2025 | 02:27 pm
National Aluminium Company Limited has clarified that its Rs. 30,000 Cr capex for Brownfield Smelter expansion with Captive Power is on track, contrary to reports of deferral. The project is progressing as planned, with ongoing talks with technology partners like Rio Tinto Canada. The detailed project report is being updated to align with current business needs, including exploring renewable energy for power supply. Final decisions on any joint ventures will follow completion of this report, ensuring continuity of the expansion plan and supporting long-term growth.
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