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Renewable Energy

BALCO aluminium wire rods play a key role in India's power infrastructure
Downstream
Although BALCO, owned by Vedanta, doesn’t get a lot of attention for its aluminium wire rods, they are an important part of the supply chain for power transmission and distribution projects across India. BALCO manufactures the wire rods at its Korba plant in Chhattisgarh and sells them to cable and conductor manufacturers who use the rods to make products used in power lines, electrical infrastructure and industrial applications. The rods are made from electrical grade aluminium and engineer ...
Mecwin and Fraunhofer IWKS join hands to advance rare earth magnet manufacturing in India
SupplementAL
Mecwin Technologies India Pvt. Ltd. has signed a Memorandum of Understanding (MoU) with Germany-based Fraunhofer IWKS to support development and production of sintered neodymium-iron-boron (NdFeB) permanent magnets in India. The partnership is meant to augment India’s capabilities in manufacturing rare earth magnets, a segment gaining strategic importance in view of growing demand from electric vehicles, renewable energy systems, industrial equipment and defence applications. Under the terms ...

Sustainability
Statkraft and Alcoa have signed two long-term power purchase agreements (PPAs) to support the continued operation of Alcoa’s aluminium plant at Lista, Norway. The agreements will see Statkraft deliver around 4.8 terawatt-hours (TWh) of electricity between 2028 and 2031, giving the plant more certainty over its future power costs. The deal follows the successful restart of Electrolysis Hall 3 at the Lista facility, which increased annual production capacity by 31,000 tonnes and brought the to ...
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