Business Standard

Balco Valuation To Include Korba Plant: Dod

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BUSINESS STANDARD

The department of disinvestment (DoD) has clarified that the asset valuation exercise in Bharat Aluminium Company (Balco) includes the valuation of the captive power plant at Korba, the present market value of which, including the cost of its land and buildings is estimated at over Rs 387 crore.

Similarly, the present market value of the cold rolling mill project has been estimated at Rs 153 crore.

In a statement released in response to articles on the comptroller and auditor general

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First Published: Jun 09 2001 | 12:00 AM IST

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