National Aluminium Company Limited (NALCO)
National Aluminium Company Limited (abbreviated as
NALCO; incorporated in 1981) is an Indian
public sector company having integrated and diversified operations in mining, metal and power. Presently, the
Government of India holds a 51.28% equity stake in NALCO, while the
Ministry of Mines has administrative control over the company.
It is one of the largest integrated bauxite–alumina–aluminium–power complex in the country, encompassing
bauxite mining,
alumina refining, aluminium
smelting and
casting, power generation, rail and port operations.
The company pursues its R&D activities fervently and has already filed 36 patents out of which 17 patents have been granted and 5 have been commercialized until Dec 2018.
The company is the lowest-cost producer of metallurgical grade alumina in the world and lowest-cost producer of bauxite in the world as per a Wood McKenzie report. With sustained quality products, the company's export earnings accounted for about 42% of the sales turnover in the year 2018–19 and the company is rated as third-highest net export earning CPSE as per a Public Enterprise Survey report.
The company is harnessing renewable energy aligning to the ambitious programmes of the Indian government. The company has already commissioned 198 MW
wind power plants and further 50 MW wind power plants are in pipeline, making it the highest producer of renewable energy among PSUs.
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Corporate Profile
National Aluminium Company Limited (NALCO), a ‘Navratna’ company under the Schedule ‘A’ category of CPSE’s, was founded on 7th January, 1981 with its registered office in Bhubaneswar. It is one of the country’s largest bauxite, alumina, aluminium and power complex. Currently, the Indian government owns 51.28% of NALCO’s equity capital. The Company has been operating its captive Panchpatmali Bauxite Mines for the pit head Alumina refinery at Damanjodi, in the District of Koraput in Odisha and Aluminium Smelter & Captive Power Plant at Angul. The Company has a 68.25 lakh TPA Bauxite Mine & 21.00 lakh TPA (normative capacity) Alumina Refinery located at Damanjodi in Koraput district of Odisha, and 4.60 lakh TPA Aluminium Smelter & 1200MW Captive Power Plant located at Angul, Odisha. The Company has regional sales offices in Delhi, Kolkata, Mumbai, Chennai and 7 operating stockyards at various locations in the Country to facilitate domestic consumers. In addition, NALCO has its own bulk shipment facility for export...
About Us
National Aluminium Company Limited (NALCO), a ‘Navratna’ company under the Schedule ‘A’ category of CPSE’s, was founded on 7th January, 1981 with its registered office in Bhubaneswar. It is one of the country’s largest bauxite, alumina, aluminium and power complex. Currently, the Indian government owns 51.28% of NALCO’s equity capital. The Company has been operating its captive Panchpatmali Bauxite Mines for the pit head Alumina refinery at Damanjodi, in the District of Koraput in Odisha and Aluminium Smelter & Captive Power Plant at Angul.
The Company has a 68.25 lakh TPA Bauxite Mine & 21.00 lakh TPA (normative capacity) Alumina Refinery located at Damanjodi in Koraput district of Odisha, and 4.60 lakh TPA Aluminium Smelter & 1200MW Captive Power Plant located at Angul, Odisha.
nalcoindia.com
Nalco to scale up downstream portfolio, plans Rs 55.2-bn project
Billed as the largest investment in metal downstream space in Odisha, the project will be funded wholly from Nalco's internal accruals
Read this exciting story from Dalal Street Investment Journal February 28, 2022 issue. From the days of first commercial operation since 1987 the company has continuously earned profits for the last 34 years and despite the global corona virus pandemic NALCO has posted an impressive net turnover...
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NALCO Q1 Results: National Aluminium Company Limited (NALCO) on Friday posted a 40 per cent decline in consolidated net profit to Rs 333.76 crore for the June quarter due to lower income.
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