The three projects include Balijhori hydro-electric project (160 MW) within Keonjhar district, Barmul hydro-power project (200 MW) in Nayagarh district and Center Kolab hydro-power project (285 MW) in Koraput district. Nalco currently operates 1200 MW Attentive Power Plant (CPP) at Angul.
Meanwhile, Nalco has successfully completed two main brownfield expansion plans at an investment of Rs 7, 800 crore.
Reports further claim that the company has raised aluminium prices by Rs 2, 000 per tonne.
The stock touched a higher of Rs 65. 30 and is now at Rs 64. 90, upward 2%. Around 38, 000 shares have been traded on the BSE to date.