Tuesday, 24 May 2016
NALCO signs MoU with Iran to set up smelter plant in Chabahar
The National Aluminium Company Limited (NALCO) has signed a MoU with Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO). The signing of the MoU coincided with the official two days state visit of Prime Minister Narendra Modi to Iran. Key facts The MoU was signed to explore the possibility of setting up smelter- cum-gas based power plant on joint venture in Iran for the proposed smelter plant in Chabahar Free Trade Zone. For the proposed smelter plant NALCO will supply alumina from its refinery in India. The MoU envisages tolling arrangement with existing smelters in Iran for producing aluminium and also proposes to look into other businesses. It also envisages setting up of a joint taskforce comprising NALCO and IMIDRO experts to work out the details of the project. NALCO is public sector enterprise of the Union Ministry of Mines incorporated 1981. It is Asia’s largest, and the sixth largest, integrated aluminium complex in the world. Its business encompasses alumina refining, bauxite mining, aluminium smelting and casting, power generation, rail and port operations.
This free script provided by
10+2 ADO APPOINTMENT APPOITMENT Archaeological survey of India Archaeology assam ASSEMBLY Assistant AVIATION Awards and Honors Bank BRICS business central approves CGL Chalu Ghadamodi CHHATTISGARH CHSL Civil Services Clerk commitee Computers Current Affairs Current Affairs in marathi daily marathi news and current affair exam oriented mpsc current affairs defence Ecology economy education employment ENGLISH Environment event foreign relation General Awareness Graduate Harappa civilisation Health high court Hindi Medium IBPS INDIA Indian scientists Insurance International Jobs Junior Engineer Kiran Institute of Career Achievements Kiran Prakashan Law LIC marathi MoA MoU NANOTECH nation national National Current Affairs in marathi NGO NICL Non-Technical Officer passes away person in news platinum jubilee POLICY political Pratiyogita Kiran Railways RBI report Research REWARD SBI SBI Associate scheme Science Science and tech Science and technology Science n tech Solved Papers sport sports SSC STATE Stenographer supreme court TAMILNADU technology telecom TIER-1 TIER-2 TODAY SPECIAL trade UGC UIICL UN Union Ministry Virtual World west bengal world world | world | Awards and Honors world | Thousand Island Lake | Species | dams | Balbina reservoir www.KICAonline.com www.KiranBookStore.com www.KiranOnlineExam.com www.KiranPrakashan.in स्पोर्ट