The aluminium park being developed in Odisha’s Angul district by the National Aluminium Company (Nalco) and state-owned Odisha Industrial Infrastructure Development Corporation (Idco) would source molten metal directly from a nearby Nalco smelter. This is the first of its kind project in the country where molten aluminium would be sourced directly to feed the downstream units at the park.
With an investment of Rs 180 crore, the aluminium park would be a state-of-the-art industrial entity that is fully equipped with logistics infrastructure facility, an exclusive training centre, a park administration and a display & trade services facility. The park would also contain an Aluminium Product Evaluation Centre (APEC) furnished with a full-fledged tool room, testing, simulation and evaluation facilities, processing hall and prototype development facility to foster innovation and deliver excellence in terms of quality.
The aluminium park is located strategically in the vicinity of Nalco's smelting facility at Angul, besides being in close proximity to the ports and markets as well.
“Odisha is witnessing a rapid industrial transformation as per the roadmap laid out in our ‘Vision 2025’ document. Odisha is a mineral-rich state and by developing world class infrastructure, we aim to provide an ideal business ecosystem for all the related sectors to flourish. We have already received several investment proposals for the aluminium park in Angul and we aim to create around 15,000 job opportunities through the project,” said Sanjeev Chopra, principal secretary, Industries Department.
Odisha is home to some of the leading aluminium companies, including Nalco, Hindalco and Vedanta- all of whom have a committed availability of feedstock from their mother plants. The project opens up substantial opportunities for the downstream industries.
The state has already received investment proposals in downstream industries of conductors, extrusions, castings, and foils- to name a few. The extent of these investments diversifies to other value added products catering to white goods, auto components, construction and other allied industries. Ancillary businesses are also expected to benefit from this project, apart from investors, including providers of raw materials like calcined petroleum, special refractory bricks, cryolite, caustic soda and aluminium fluoride.