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Monday, May 27, 2002

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Nalco to expand port facilities at Vizag

Our Bureau

With Indian aluminium major, National Aluminium Company (Nalco), wrapping up its Damanjodi refinery expansion programme, it is now focussing on expanding its port facilities at Vizag to meet the increased demand for exports.

As part of this programme, the company has installed the third alumina silo recently. With this, the company's storage capacity of alumina for export at Vizag port is 75,000 tonnes. "We are now capable of exporting more than one million tonnes of alumina from Vizag port," a senior official of the company told Business Line. He said the company was able to earn foreign exchange of Rs 1,200 crore during the last fiscal.

Nalco is, however, keen that the Vizag port increases the draft of the berth at the port that it uses for its export to accomodate higher capacity vessels of 60,000 tonnes. This, according to the company, is necessary, especially as the next phase of expansion by another six lakh tonnes is on the anvil.

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