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The Government has approved the Second Phase expansion of NALCOs Bauxite Mines from 48,00,000 TPY (Tonnes Per Year) to 63,00,000 TPY, Alumina Refinery from 15,75,000 TPY to 21,00,000 TPY, Aluminium Smelter from 3,45,000 TPY to 4,60,000 TPY and Captive Power Plant from 960 MW to 1,200 MW at an investment of Rs.4091.51 crore. This was decided by the Cabinet Committee on Economic Affairs (CCEA) which met here on Wednesday.
The Expansion will facilitate investment in NALCO, which is one of the worlds lowest cost producer of alumina and aluminium, and its surplus alumina having a wide global market. It will also provide further competitive edge to NALCO over its domestic and global peers.
The expansion project is scheduled to be completed in 50 months from its commencement.
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