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India’s NALCO looking for Uranium in Namibia

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By Shivom Seth

India’s largest state-owned company, the National Aluminium Company (NALCO) is planning to scout around for uranium assets in Namibia. The company is eyeing uranium for the nuclear power plant it plans to set up on the east coast of India, in Orissa’s Ganjam district. The plant will be set up jointly with the Nuclear Power Corporation of India Limited (NPCIL).

Nalco is one of the largest producers of power in Orissa with a 1200 MW captive thermal power plant near its aluminium smelter at Angul, in the state of Orissa. At present, the aluminium giant produces 1.6 million tonnes alumina from its refineries in Orissa. It produced 3.6 lakh tonne aluminium last year.