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GREENFIELD ALUMINIUM PROJECT
Buy, Sell or Hold: Morgan Stanley initiates coverage on Hindalco; Emkay Global downgrades Hitachi EnergyBrokerages show mixed views on metals, mining, and power equipment stocks. Morgan Stanley initiated coverage on Hindalco with an 'Overweigh...
Coal India board approves pre-feasibility report for greenfield aluminium project in OdishaThe greenfield aluminium project will include bauxite mining, alumina refinery, aluminium smelter and associated captive power plant by its...
Hindalco subsidiary Novelis to invest $300 million in auto aluminium sheet manufacturing plant in KentuckyThe greenfield project which is expected to get commissioned by 2020 will have a capacity of 200,000 metric tons and will include heat trea...
NTPC & Nalco forms 50:50 power joint ventureThe Joint Venture between NTPC and NALCO has potential to create value for both the companies’ which have public equity.
Hindalco now entering consolidation phase: Kumar Mangalam BirlaThe alumina and aluminium capacity of Hindalco, an Aditya Birla group firm, will be doubled after its mega-expansion plans are completed.
NALCO actively pursuing for allocation of a coal blockNALCO has said it is actively pursuing for allocation of a coal block for its proposed Rs 16,540 crore aluminium smelter project in Odisha.
- Hindalco secures funds for Rs 13,200-crore Odisha project
The domestic aluminium major Hindalco Industries today said that it has achieved financial closure for its Rs 13,195-crore greenfield Adity...
- Vedanta to focus on Jharsuguda smelter plant expansion
Vedanta Aluminium has decided to focus on completing its aluminium smelter plant at Jharsuguda in Orissa to achieve its targeted capacity o...
- Vedanta to invest Rs 10,000 cr more to complete Jharsuguda power projects
The VAL has also plans to set up an Aluminium Park in Jharsuguda at an estimated cost Rs 15000-Rs 20000 cr that will co-locate multiple dow...
- Hindalco mulls Rs 21,000-cr capex, promoters to hike stake
Hindalco has drawn-up a Rs 21K cr capex plan for the next two-years even as its promoters are looking at increasing their stake in the comp...
- We will be expanding all the verticals of our business: Anurag Choudhary, CEO, Himadri Chemicals
ET NOW talks to Anurag Choudhary, CEO, Himadri Chemicals about the Greenfield project in China and his projected revenues for the fiscal FY...
- Hindalco mops up $600 m via QIP
Funds from the QIP issue will be utilised to part finance three greenfield projects.
- Hindalco to raise Rs 2,900 cr to part-fund 3 new projects
Hindalco Industries, part of the Aditya Birla group, on Monday initiated the process of raising up to Rs 2,900 crore by selling shares to i...
- Nalco plans for emerging as global giant
Buoyed by the Navaratna Status conferred upon it, National Aluminium Company Ltd (NALCO) has drawn ambitious growth plans worth Rs 40,000 c...
- Ess Dee Aluminium to pump in Rs 600 cr in acquisitions
Aluminiums packaging firm Ess Dee Aluminium is striving for huge growth through the inorganic route earmarking Rs 500-600 crore for acquisi...
- Indonesia tops Nalco list for overseas venture
National Aluminium Company (Nalco) has shortlisted Indonesia as the top country of choice for its maiden overseas venture.
- Vedanta Resources sees $20bn revenues in 5 yrs
London-listed Vedanta Resources Plc expects its revenues to cross $20bn from $6.5 billion in five years due to increased volumes from a ser...