September 06, 2018
Nalco seeks collaboration with Russia for investment and technology
The state-owned Navartna Company under Ministry of Mines National
Aluminium Company Ltd. (Nalco) has reportedly pitched for Angul
Aluminium Park as a potential area for collaboration with Russia for
technology and investment, on August 29.aluminum foil formula This news came after a discussion in the seventh session of
India-Russia Sub-Group on Mining under the India-Russia Working Group on
Modernization and Industrial Cooperation, to particularly identify the
areas of cooperation and collaboration.
Angul Aluminium Park is an exclusive state-of-the-art industrial park
for ancillary and downstream industries of alumina and aluminium,
jointly promoted by NALCO and IDCO.
Industry experts have also voiced in favour of this collaboration as
they believe it will bring in Russian high-end technology in downstream
units of the park, helping the aluminium park achieve global standards.
The response to the Angul Aluminium Park remained unprecedented and
would expectedly become a major centre in the world for aluminium
downstream activities in the coming time. Top global companies like UC
Rusal, KJTS, and UHM would also visit Odisha, as Nalco stated in the
discussion.
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