National Aluminium Company Limited (NALCO), an Indian state-owned aluminum giant, is undertaking an expansion of its production facilities with a multi-crore investment to achieve Maharatna status. 

The company plans to invest INR 17,163 crore to expand its smelter capacity by 0.5 million tons per year and an additional INR 12,000 crore to add 1,080 MW power generation capacity. Additionally, NALCO will invest INR 5,677 crore to add a fifth stream of 1 MTPA to increase its alumina refinery capacity and INR 1,961 crore to develop the Pottangi bauxite mines.

According to Brijendra Pratap Singh, Chairman-cum-Managing Director (CMD) of NALCO, these investments in expansion projects are expected to strengthen the company's production base and improve its global competitiveness.