Current Date: 09 Jul, 2024

BALCO Expands Chhattisgarh's Aluminium Capability with ₹7,927 Crore Smelter

BALCO proposes to build a large aluminium smelter in Risda, Korba, Chhattisgarh. The ₹7,927 crore expansion project intends to increase the region's aluminum production capability. One of BALCO's biggest growth milestones, the new factory will manufacture 5.1 lakh tonnes of aluminium per year.

The project will include a 300 MW captive power plant. Aluminium production requires a consistent supply of electricity from this power station during smelting. Building this power plant shows BALCO's dedication to efficiency and self-sufficiency.

BALCO will strengthen its domestic and worldwide aluminium industry position with this initiative. The expansion is expected to boost regional economic growth by creating more jobs. The project's employment and economic activities are intended to help local communities greatly.

BALCO prioritizes environmental sustainability, and the project meets strict environmental criteria. As part of its commitment to sustainable industry, BALCO will use cutting-edge technology and methods.

News by Rahul Yelligetti

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Source : Projxnews