wiredInUSA June 2018

Aluminum development

Odisha’s aluminum park project at Angul, jointly promoted by National Aluminium Company (Nalco) and state- owned Odisha Industrial Infrastructure Development Corporation (Idco), is threatened with the loss of an investor. Bahrain-based Midal Cables is seeking a 25-year commitment for molten aluminum supplies from Nalco, but has been offered a commitment of only five years. “Unless Midal Cables get a word on the long-term investments, they would not be keen to hold on their investment,” said a source close to the development. Midal’s annual requirement is 25,000 tonnes. Nalco has previously promised to provide 50,000 tonnes each year to all downstream units who install their units at the aluminum park.

annual capacity of 60,000 tonnes. Grid Conductors Ltd, a subsidiary of Power Grid Corporation of India Ltd (PGCIL), has proposed an aluminum and aluminum alloy conductor unit in Odisha, with further interest from Gupta Power Infrastructure Ltd to set up a facility for high tension cables within the aluminum park. Mumbai-based Hind Aluminium Industries is to install a facility to manufacture 40,000 tonnes per year of aluminum conductors, employing 200 people. The aluminum park is planned as a complete industrial entity, fully equipped with logistics infrastructure, training center, park administration and a display and trade services facility. The park would also contain an aluminum product evaluation center with a tool room, testing, simulation and evaluation facilities, processing hall and prototype development facility.

Midal Cables has proposed a rod and wire conductor unit at the park, with an

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wiredInUSA - June 2018