NALCO’S Smelter Project
Minister of Mines (Independent Charge), Shri Dinsha J. Patel informed Rajya Sabha today in a written reply that National Aluminium Company Limited(NALCO’s) proposal to set up the Rs 16,500 crore aluminium smelter and captive power plant project has been approved by Indonesian Investment Coordination Board. A non-binding Memorandum of Understanding to set up the project in East Kalimantan Province has been signed with Government of East Kalimantan .
He further informed that NALCO has prepared the Detailed Feasibility Report for the project. Land has been identified in East Kalimantan Province for the project. Consultants have been short-listed for Environment Impact Assessment and Financial Advisory Services.
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