The project has received required approvals from concerned regulatory bodies.
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The project site is located at Rachapalle village, Makavarapallem Mandal, Visakhapatnam District, Andhra Pradesh.
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AnRak Aluminium Ltd. commenced as a joint venture between Penna group of industries and Ras Al Khaimah Investment Authority with 70: 30 ratio. The Project emanates from a memorandam of understanding signed in February 2007 between the Department of Mines, industries Department, Government of Andhra Pradesh and the Government of Ras-al-Khaima , to set up a greenfield aluminium plant in of 1.5MTPA and an aluminium smelter with 250,000 ton Aluminium capacity per annum to be implemented in phases.
13th Aug 2010
As per instructions from Department of Commerce, the following mandatory details are presented regarding the project.
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