Rediffmail Money rediffGURUS BusinessEmail

Malco to raise capacity by 14%

June 24, 2003 20:02 IST

India's fifth-largest aluminium maker Madras Aluminium Company plans to expand the capacity of its smelter by 14 per cent in the current fiscal year to March by removing bottlenecks, a group company official said on Tuesday.

Malco will raise the capacity of its aluminium smelter, located in Tamil Nadu, to 40,000 tonnes a year from 35,000 tonnes, C V Krishnan, chief executive officer (metals) of Sterlite Industries Ltd, said.

Malco is a subsidiary of Sterlite, which makes diversified products ranging from optical fibre to base-metals.

"There are no plans now (to raise the capacity) beyond this," Krishnan said.

Malco had only recently added 5,000 tonnes to its 30,000 tonnes capacity by modernising and improving efficiencies, he said.

The company also owns a 75 MW power plant to provide electricity to the smelter.

Source: REUTERS
© Copyright 2026 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

WEB STORIES

Katrina Kaif's Top 10 Songs

13 Bengali Veg Dishes That Make You Go Bong Bong!

7 Wonderful Car-Free Places In The World

VIDEOS

NewsBusinessMoviesSportsCricketGet AheadDiscussionLabsMyPageVideosCompany Email