NALCO awards ₹5,000 crore mining contract to Dilip Buildcon
after close1 source ↓written by the desknot a recommendation
- contract
- ₹5,000 crore
- exploration deal
- ₹11.78 crore
National Aluminium Company Limited (NALCO) has awarded a ₹5,000 crore contract to Dilip Buildcon Limited for the development of the Pottangi Bauxite Mines over 25 years. This move aims to enhance raw material supply and operational capacity. Additionally, NALCO has engaged South West Pinnacle for a ₹11.78 crore exploration deal, further optimizing resource development. 📈
These contracts may bolster NALCO's market position and attract investor interest in the mining sector.
Not investment advice. For informational purposes only.