Odisha government is likely to offer 188 acres of land to National Aluminium Company (Nalco) for its proposed downstream complex at Kamkhyanagar in Dhenkanal district.
Nalco is planning to set up a downstream complex at Kamkhyanagar in Dhenkanal district with an investment of Rs 5,500 crore. The proposed complex will have facilities to manufacture aluminium foils, rolled projects and extrusions. The facility will also produce aluminium alloy wheels. The combined capacity of the complex will be 1.7 lakh tonne per annum. The alloy wheels will cater to the automobile industry.
Nalco has sought land in Markata and BS Sasan areas of Kamkhyanagar. The Industrial Promotion and Investment Corporation of Odisha Ltd (IPICOL) engaged Engineers India Ltd for the land assessment and submit a report on the technical and other requirements. The report is expected soon.
Nalco has already applied for statutory clearances for approvals. The High Level Clearance Committee headed by the Chief Minister has already cleared the project. After the land assessment report, land will be provided. The project will expected to generate morethan 1,700 jobs and will give a boost to the ancillary sector.