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According to a document released by National Aluminium Company Limited (NALCO) on November 4, the company plans to commission an expansion of its aluminium smelter in Angul, Odisha, by the 2030–31 fiscal year. This project will increase the annual smelting capacity by 500,000 tonnes, building upon the current capacity of 460,000 tonnes. The investment approved for the project is approximately 300 billion rupees. NALCO anticipates that this expansion will require an additional 1,100 MW of power. To this end, the company has partnered with NLC India to form a 50:50 joint venture for the construction of a captive thermal power plant. The proposed plan includes four 270 MW units, bringing the plant’s total installed capacity to 1,080 MW. Furthermore, NALCO is considering the integration of 200 MW to 250 MW of renewable energy into the project.

Major Indian aluminum and copper producer Hindalco Industries reported a consolidated net profit of 75.32 billion rupees (approximately $800 million) for the second fiscal quarter ending September 30—a 59% year-on-year increase—driven primarily by rising aluminum and copper prices, as well as higher production volumes. During the same period, the company’s operating revenue grew by 39% to 917.08 billion rupees, reflecting how stronger metal prices and an expanded scale of operations have bolstered its financial performance. Over the reporting period, aluminum prices rose by approximately 23% year-on-year, supported largely by supply constraints in China and robust demand from the clean energy and infrastructure sectors.

On November 6, Guangxi Xinhuang New Material Technology Co., Ltd. held a completion and commissioning ceremony for its project with an annual production capacity of 40,000 tons of aluminum rods and an additional 10,000 tons of enameled aluminum wire. The project, which represents a total investment of 100 million yuan, consists of a first phase featuring a production line for 40,000 tons of aluminum rods annually, while the second phase involves the planned construction of 20 enameled wire production lines along with supporting facilities. The company specializes in the R&D, production, and sales of aluminum rods, aluminum wires, and enameled wires—products that serve as essential components for sectors such as hardware manufacturing, power, new energy, and electronic components.