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Captive Power Plants Featured in Three Orissa Aluminum Projects Worth $10.7 Billion, an Industrial Info News Alert

Posted on: Wednesday, 13 August 2008, 06:00 CDT

Researched by Industrial Info Resources (Sugar Land, Texas) -- The National Aluminum Company (BOM:532234) (Bhubhaneswar, Orissa), RSB MetalTech Private Limited (Pune, Maharashtra), and a joint venture between engineering and construction major Larsen & Toubro (PINKSHEETS:LTOUF) (Mumbai) and Dabol Aluminum Company (Dubai) have received first-level clearance from the government of Orissa for three proposed aluminum projects, totaling about $10.7 billion, in the state. Power consumption is one of the largest cost components in the manufacturing operations of aluminum facilities, driving manufacturers to set up plants in locations with abundant raw material available for power generation. Captive power plants further drive down operating costs.

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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to metalsandmineralsgroup@industrialinfo.com or visit us at www.industrialinfo.com.

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 Contact: Joe Govreau 713-783-5147  

SOURCE: Industrial Info Resources

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