Nalco ties up with UAE's EGA for aluminium smelter expansion in Odisha - Business Standard
· Business · Business Standard
National Aluminium Company (Nalco) has signed an agreement with Emirates Global Aluminium (EGA) of the UAE to expand its aluminium smelter capacity in Odisha. The partnership covers technology and operational collaboration for ramping up production at Nalco's existing facility in the state. EGA is among the largest premium aluminium producers in the world, and the tie-up gives Nalco access to its smelting expertise. Financial terms of the deal and the exact capacity addition targeted were not disclosed in the report. The move comes as India pushes to scale up domestic aluminium output to reduce import dependence and meet rising demand from sectors such as power, transport, and construction.
Why it matters
The deal directly strengthens Odisha's role as India's aluminium hub and gives Nalco access to global smelting technology, potentially lowering production costs and supporting India's broader goal of self-reliance in critical non-ferrous metals.
Read the original report — Business Standard
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