Edit

NALCO

https://nalcoindia.com/

National Aluminium Company Limited (NALCO) is a Navratna CPSE under the Ministry of Mines, Govt. of India established on 7th January 1981, with its registered office at Bhubaneswar. The Company is a group ‘A’ CPSE, having integrated and diversified operations in mining, metal, and power, with a sales turnover of Rs. 8,426 crore in the financial year 2019-20. The export earnings have been recorded at Rs. 3,511 crore. Presently, the Government of India holds 51.5% equity of NALCO.
NALCO is one of the largest integrated Bauxite-Alumina-Aluminium- Power Complex in the Country. 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. NALCO has bulk shipment facilities at Vizag port for the export of Alumina/Aluminium and import of caustic soda and also utilizes the facilities at Kolkata and Paradeep ports. The Company has registered sales offices in Delhi, Kolkata, Mumbai, Chennai and Bangalore, and 9 operating stockyards at various locations in the Country to facilitate domestic marketing. The Company has successfully commissioned two wind power plants. A 50.4 MW wind power plant at Gandikota, Andhra Pradesh, and another of 47.6 MW wind power plant at Jaisalmer, Rajasthan is operational since December 2012 and January 2014 respectively. 260 KWp Rooftop Solar Power System has been made operational at Office and Township, Bhubaneswar during FY 2014-15.
Globally, NALCO has achieved the distinction of being the lowest cost producer of Bauxite and Alumina in the world for the year 2019 as per the latest report of Wood Mackenzie. 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 was rated 2nd highest net export earning CPSE in 2018-19 as per the Public Enterprise Survey report.
With its consistent track record in capacity utilization, technology absorption, quality assurance, export performance, and posting profits, NALCO is a bright example of India’s industrial capability.
NALCO is the first Public Sector Company in the country to venture into the international market in a big way with London Metal Exchange (LME) registration since May, 1989. The Company is listed on the Bombay Stock Exchange (BSE) since 1992 and National Stock Exchange (NSE) since 1999. Besides, ISO 9001, ISO 14001, OHSAS 18000, ISO 50001 & SA 8000 certifications, NALCO’s Data Centre at Corporate Office and Disaster Recovery Site at Alumina Refinery certified for Information Security Management System and awarded ISO 27001:2013 Certification and Accreditation from International Accreditation Services, USA.
The Company is one of the 1st CPSEs to have a CSR Policy since inception and is compliant to the norms of the Companies Act. It has spent around Rs. 39 crore towards CSR activities in the year 2019-2020. For the effective implementation of CSR activities, NALCO has set up a standalone Foundation in 2010.
With encompassing initiatives to provide a better living to the periphery areas and contribute to nation-building the Company has taken many ambitious projects.
The company, since inception, has marched ahead with sustainable growth, perpetual profits while exhibiting deep empathetic concern for the society. Etched in the hearts of millions of people of Odisha as modern industrial “Konark”, the company has been able to create a special place for itself for the people it works with. Enhancing the stakeholders’ wealth has remained the prime mover to steam Company’s growth but nonetheless, the driving spirit remains to bring smiles in the face of multitude of its stakeholders.