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Nalco's rush to put an end to its smelter troubles
Wednesday 12th Oct 2011 34
New Delhi : The long search of an ideal site for building a new 500,000-tonne smelter by National Aluminium Company (Nalco) is a statement of the many hurdles to be overcome to make good use of available natural resources in Orissa. The point not to be missed here is the experience of a company, 87.15 per cent owned by the government of India and claims to enjoy the confidence of the local Orissa administration. For any aluminium maker, Orissa, endowed as it is with rich bauxite (1.7 billion tonnes) and coal (62 billion tonnes) deposits, is the ideal centre to run a smelter. As for Nalco, it is deeply anchored in the state, with every part of its integrated operation from bauxite mining to aluminium smelting to value addition to the metal done there. Moreover, for the citizens of the state not having seen much industrialisation in spite of all the brouhaha, Nalco remains their badge of honour.
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