Independent board with range of expertise.
Building the sustainable energy storage supply chain.
Partners, consultants memberships
Proven record of operational experience.
Vanadium mining & energy expertise.
Principles of honesty, integrity and ethics.
Disruptive Technology for Energy Storage to Steel Production
Progress of global deployment targeting cashflow and commercialization (Optioning, Licensing, Royalties and more)
Vanadium, Iron and Titanium recovered from Multiple Sources Efficiently and Sustainably
Development VTM Resource with 22.5km Geophysical Footprint
Former Crown Asset With Over 60yrs of Development next to Blackrock Metals Proposed VTM Mine and Concentrator
Copper Gold Exploration Projects and Royalties Available For Option or Sale
The Future of Sustainable Energy
Reusable and Lowest Cost Battery Electrolyte without Carbon
Current Demand and Price for Vanadium
Our latest press releases
Latest Vanadium Industry Developments
Sustainable Energy, Development, and Innovation
Conventional & Emerging Applications
VRB Stock Fundamentals
General Investment Information
Frequently asked Questions and Terminology
Extensive Compendium of most Relevant Research
Corporate Presentations & Global Directory
19 SEPTEMBER 2017
At present, Nalco derives over 100 mW of power from two wind farms, one each at Rajasthan and Maharastra, the result of an investment of ₹6.7 billion (US$104 million). The report elaborated upon the company’s wind-farm plans, indicating that another 50 mW farm is in the works. Nalco opened bids for the project last December but has yet to settle upon a location.
In addition to wind power, Nalco has a program to build a 20 mW solar-power plant in central India’s Madhya Pradesh province. The project has been registered with MPNRED (Madhya Pradesh New & Renewable Energy Department) and 137 acres of land have been dedicated to the project. Another 50 mW solar plant is also being contemplated in Madhya Pradesh, and the company has begun soliciting bids for that project as well.
A third solar-power project is a planned 50 kW rooftop installation at Nalco’s Research and Technology Centre in Bhubaneswar. According to the report, the investment in this project is expected to total ₹3.7 million (US$58,000).
The report also reveals Nalco’s alumina expansion plans, stating that a fifth stream at its alumina refinery, which would boost its nameplate capacity to 2.275 million metric tons per annum. The cost of opening the new alumina line is projected to be ₹55.4 million (US$863 million).
“We are adding 1.0 MTPY to its existing capacity of 2.275 MTPY, at a capital expenditure of Rs 5,540 crore based on improved medium pressure digestion technology of RTAIL (Rio Tinto Alcan International Ltd). The company has obtained major statutory clearances like environmental clearance from the Ministry of Environment & Forests and Climate Change(MoEF and CC) and Consent to Establish (CTE) from Odisha State Pollution Control Board. Thyssenkrupp Industrial Solutions (India) has been appointed as EPCM consultant for the project,” stated the report.