Banco Aluminium is making preparations to establish an aluminium billet manufacturing unit in Miyagam village, Karjan taluka, Vadodara district, Gujarat. The proposed unit, covering an area of 18.08 acres, is set to have a manufacturing capacity of 72,000 tonnes per annum (tpa).
As the company moves forward with its plans, it is currently working towards achieving financial closure for the upcoming project. Banco Aluminium is also awaiting the terms of reference (ToR) for the project and aims to commence construction work by October 2023.
At this stage, the contractor and machinery supplier for the project have not been finalized. The new manufacturing unit represents a significant step in Banco Aluminium’s expansion and growth plans in the aluminium industry.
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