Nalco gears up for next growth phase, steps up ₹30,000 crore expansion

•Nalco accelerates ₹30,000 crore expansion plan, including a 0.5 million tonne smelter and 1,080 MW coal-based power plant.

•The company aims to commission the additional smelter capacity by 2030, with investments of ₹18,000 crore for the smelter and ₹12,000 crore for the power plant.

•Nalco's upstream capacity will increase to 3.1 mtpa with the commissioning of its 5th alumina refinery stream, expected to stabilise in Q4 FY27.

•The company also explores lithium in Argentina and pursues gallium and rare earth element recovery in India, as part of its diversification strategy.