Bhubaneswar, Aug. 29 -- https://images.odishatv.in/uploadimage/library/16_9/16_9_0/recent_photo_1756476684.webp

State-run Navratna company NALCO (National Aluminium Company Limited) has announced an ambitious investment plan of nearly Rs 30,000 crore over the next five years. The plan includes major infrastructure development, new production facilities, and global market expansion, official sources said on Friday.

Speaking at the NALCO Media Connect 2025 event held in New Delhi, CMD Brijendra Pratap Singh shared that the company will invest Rs 18,000 crore to establish a new smelter plant in Odisha. Additionally, Rs 12,000 crore coal-based power plant is also on the cards.

The overarching aim is to achieve 'Maharatna' status by 2030 - a ...