Question : NALCO PARK



(a) whether the NALCO (National Aluminium Company Limite

(d) has signed a MoU with the Government of Orissa for setting up of Aluminium Park;

(b) if so, the details thereof; and

(c) the likely benefits to be accrued as a result thereof?

Answer given by the minister


THE MINISTER OF MINES AND MINISTER OF DEVELOPMENT OF NORTH EASTERN REGION (SHRI B. K. HANDIQUE)

(a) to (c): National Aluminium Company Limited (NALCO) has informed that the Company has signed a Memorandum of Understanding (MoU) with Orissa Industrial Infrastructure Development Corporation (IDCO), a State Government of Orissa Public Sector Enterprise, to set up an aluminium park in the district of Angul, Orissa on a 50:50 joint venture partnership. The proposed aluminium park at Angul is expected to promote down-stream and anciliary industries that would encourage value addition within the periphery of the plant.