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Bhubaneswar, 08 Sept 2015: Nalco will invest around Rs. 30,000 crore, within the gross investment of Rs.1,73,000 crore with the recent launch of Odisha’s new Industrial Policy.
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“Out of the prospective investors in Odisha, aluminum major Nalco is in a position to invest to the tune of Rs. 30,000 crore,” says T.K. Chand, CMD, Nalco. Mr. Chand was addressing the bankers at the 110th Foundation Day of Bank of India (BOI).
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Congratulating the employees of BOI, Mr Chand further said that the Banking Sector has been the strength of Indian Economy. In that context, BOI’s role with about 5000 branches in India and 60 overseas, is very significant, Mr Chand added.
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Among others, P.K. Jena, Regional Director, Reserve Bank of India, Durga Prasad Mishra, DGM & Zonal Manager (BOI), also addressed the gathering.