Though there are no signs of supply of bauxite ore from Visakha Agency in near future, Anrak Alumina Limited (AAL) is planning to commission its newly-built plant at Rachapalle in Makavarapalem mandal near Narsipatnam.
The plant would be commissioned in May as the company was importing bauxite ore from other states. About 20,000 tonnes of bauxite ore landed in Vizag Port a couple of days back from Gujarat, sources said. The company is procuring bauxite ore from the Gujarat Mineral Development Corporation. As per the schedule operations, the refinery would start in March.
Sources said Anrak is firm on going ahead with its plans to start operations despite reports of a possible cancellation of allotment of a captive jetty for the company at Rajayyapet in Nakkapalli mandal due to objections raised by the defence ministry. The company is planning to procure about one lakh tonnes of raw material before commissioning the plant. The next consignment of bauxite ore is set to come in April.
Anrak is a joint venture between Penna group of industries and Ras-al-Khaimah Investment Authority, a Dubai-based firm. AAL invested more than Rs 1,000 crore in the aluminium project, which is set to cost Rs 14,000 crore. An MoU was signed in February 2007 between the state government and the government of Ras-al-Khaima to set up the aluminium plant and an aluminium smelter with 2,50,000 tonne capacity. The company has built a 90 MW captive power plant.
The company is procuring bauxite ore from the Gujarat Mineral Development Corporation and the refinery would start in March.