Hindalco Industries ab Finland ki company Metso ke saath milkar Gujarat mein India ka pehla integrated e-waste aur secondary copper recycling plant kholne ja rahi hai. Is project par **₹2,000 Cr** ka kharcha hoga.
Naya plan kya hai?
Hindalco ab Pakhajan, Gujarat mein 50,000 tonnes low-carbon copper produce karegi. Metso ki Kaldo furnaces technology use karke company electronic scrap se gold, silver aur platinum jaise precious metals bhi extract karegi. Ye circular economy ki taraf ek bada kadam hai, jisse import par dependency kam hogi aur production costs control mein rahengi.
Debt aur Capex ka tension?
Sab kuch acha dikh raha hai, par investors ko company ke balance sheet par nazar rakhni hogi. Filhal Hindalco ke alag-alag projects ka total expenditure ₹50,000 Cr ke paas hai. Is expansion ki wajah se consolidated net debt ₹80,000 Cr tak jaane ka anumaan hai. Jab company itna heavy investment karti hai, toh cash flow strong hona bahut zaroori hai.
Operational Challenges aur Risks
Sirf plant lagana kaafi nahi hai. India mein e-waste ka supply chain abhi develop ho raha hai, toh plant ko full capacity par chalane ke liye scrap ka consistent supply laana ek challenge hoga. Saath hi, metal sector mein hone wali global price volatility toh hai hi, jo copper aur aluminum business ke margins ko impact kar sakti hai. Shareholders ko ab plant ke commissioning timeline aur debt kam karne ke plans par focus rakhna chahiye.