Nalco seeks Russian technology, investments for Angul aluminium park

The response to the Angul park has been unprecedented and it is set to become a major centre in the world for aluminium downstream activities

The National Aluminium Company (Nalco) has pitched the aluminium downstream park at Angul as a potential area for Russian investments and technology. Along with state-owned Odisha Industrial Infrastructure Development Corporation (Idco), Nalco is the co-developer for the park.  

Nalco Chairman & Managing Director T K Chand projected the aluminium park at the seventh session of the India-Russia sub-group on mining, under the India-Russia Working Group on Modernization and Industrial Cooperation, in New Delhi to identify areas of cooperation and collaboration.    

Industry experts say this will bring in Russian high-end technology in downstream units of the park, which