Following is a from a report in RTT news.
State-run aluminium major Nalco is to set up a research and technology center on the outskirts of Bhubaneswar by mid- 2012, media reports said quoting company Chairman-cum-Managing Director A K Srivastava.
The Navratna PSU has acquired 18 acres of land at Gothapatna to build its world-class research and technology center that would help enhance growth of aluminium mining in India.
The company will initially invest Rs.88 crore on the center and once completed it would get technical support of foreign countries. Initially the center would work on alumina, aluminium and bauxite, which could be extended to other fields, Srivastava said.
He said the company had already undertaken at least 15 collaborative R&D projects with different research institutions.
Add comment May 12th, 2010