NALCO Showcases Angul Aluminium Park as Odisha's Strategic Hub for Investors
NALCO organized a roadshow in Bhubaneswar to attract investors for the Angul Aluminium Park (AAPPL), a joint venture with IDCO. The park, spanning 223 acres with plans to expand to 600 acres, offers world-class facilities. NALCO committed to supplying 50,000 tonnes of hot metal annually to downstream industries. The event highlighted Odisha's potential in aluminium production and the state government's supportive policies for investors. Over 100 participants attended, with three industries already attracted and four more in the pipeline.

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NALCO , a Navratna CPSE under the Ministry of Mines, Government of India, recently organized a high-profile roadshow to promote the Angul Aluminium Park Pvt. Ltd. (AAPPL) in Bhubaneswar, Odisha. The event aimed to attract investors and showcase the potential of this strategic aluminium hub.
Joint Venture and Strategic Importance
AAPPL is a joint venture between NALCO and the Odisha Industrial Infrastructure Development Corporation (IDCO), designed to develop a dedicated industrial park in Angul, Odisha. The park spans 223 acres and is set to expand to over 600 acres, offering world-class facilities including advanced road connectivity, efficient transportation, uninterrupted power and water supply, administrative offices, training centers, and laboratories.
Key Highlights of the Roadshow
Government and Industry Participation: The event brought together government officials, industry leaders, and investors. Shri Hemant Kumar Sharma, IAS, Additional Chief Secretary of the Industries Department, Government of Odisha, was the Chief Guest, alongside Shri Brijendra Pratap Singh, CMD of NALCO.
NALCO's Commitment: NALCO announced it would supply 50,000 tonnes of hot metal annually to downstream industries at the park, promoting cost-effective production and improved competitiveness.
Odisha's Aluminium Potential: Odisha currently produces 72.00% of India's primary aluminium but has low downstream output, presenting significant growth opportunities.
Investor Interest: The roadshow attracted over 100 participants, including investors, entrepreneurs, and industry associations. Three industries have already been attracted to the park, with four more in the pipeline.
Government Support and Policies
Shri Hemant Kumar Sharma highlighted the state's commitment to fostering downstream and ancillary industries under its progressive Industrial Policy. He mentioned several initiatives to support investors, including:
- GST reduction
- Investor-friendly policies
- Active support for entrepreneurs
Future Outlook
The roadshow reaffirmed Odisha's vision and NALCO's dedication to establishing AAPPL as a vibrant industrial hub. The park is expected to promote investment, innovation, and employment generation in the region.
Shri Jagdish Arora, Director (P&T) of NALCO, expressed confidence in the park's potential, while Shri Manikanta Naik, MD of Tata Steel SEZ, drew parallels with the success of Gopalpur Industrial Park, suggesting that AAPPL could match or exceed its achievements.
As aluminium continues to be viewed as a "future metal" with applications across packaging, appliances, transport, EVs, and aerospace, the Angul Aluminium Park is positioned to play a crucial role in India's industrial growth and Odisha's economic development.
Historical Stock Returns for NALCO
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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-1.75% | -4.53% | +8.60% | +12.70% | -0.50% | +517.77% |