Page last modified on : Jan 06, 2015
National Aluminium Company Limited (NALCO) is a Navratna CPSE under Ministry of Mines, Govt. of India. It was 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 sales turnover of Rs 7024 crore in financial year 2013-14. Presently, Government of India holds 80.93% equity of NALCO.
The company has a 68.25 lakh TPA Bauxite Mine & 22.75 lakh TPA Alumina Refinery located at Damanjodi in Koraput dist. of Odisha, and 4.60 lakh TPA Aluminium Smelter & 1200 MW Captive Power Plant located at Angul, Odisha. As per diversification plan, NALCO has ventured into renewable energy sectors. 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 are 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.
NALCO has bulk shipment facilities at Vizag port for export of Alumina/Aluminium and import of caustic soda and also utilises facilities of Kolkata and Paradeep ports. The company has its regional marketing offices in Delhi, Kolkata, Mumbai & Chennai its branch offices at Bangalore, Paradeep , Ahmedabad and its 11 stockyards at various locations in the Country.
NALCO is the first Company in Aluminium sector in the Country to venture into International market in a big way with London Metal Exchange (LME) registration since May, 1989. The Company is listed at Bombay Stock Exchange (BSE) since 1992. All the manufacturing units and the port facility of the Company, are certified to ISO 9001, ISO 14001, and OHSAS 18001 Management Systems and Integrated Management System operates at these units . The energy intensive manufacturing units i.e. Smelter, CPP & Alumina Refinery are also certified to ISO 50001 Standard for energy management system. SA 8000 certification is also obtained for all the manufacturing units and corporate office
In its efforts for capacity addition and expansion, NALCO has extensive plans for brown field and green field expansion projects, which include 1 MTPA Alumina Refinery in Gujarat in JV with Gujarat Mineral Development Corporation (GMDC) (Greenfield), 5th Stream of 1 MTPA capacity in existing Alumina Refinery at Damanjodi (Brownfield), 0.5 MTPA Aluminium Smelter and 1050 MW Power Complex in Odisha (Greenfield), 0.5 MTPA Aluminium Smelter abroad and development of bauxite mines at Gudem and KR Konda in Andhra Pradesh and Pottangi in Odisha etc.
The Company has plans to set up a 2 lakh TPA caustic soda plant in JV with Gujarat Alkalies & Chemicals Limited (GACL) and 55,000 TPA Aluminium Conductor plant in JV with Power Grid Corporation of India Limited (PGCIL). The Company has plans to set up a 14MW wind power plant at mined out area of Damanjodi and another 100MW wind power plant at any suitable location in the Country.
The company has formed a JV Company with Nuclear Power Corporation of India Limited (NPCIL) for establishing 2X700 MW Nuclear Power Plants at an estimated investment of Rs. 11,459 crore at Kakrapara in Gujarat. For development of downstream ancillary industries, a JV Company has been formed with IDCO, Odisha for Angul Aluminium Park.
The company is involved in playing a significant role in the socio-economic development of the areas where it operates. Rehabilitation of displaced families, employment, income generation & health care for local people, development of infrastructure, care for environment and various humanitarian goodwill missions have earned NALCO a place of pride in the corporate world. With the setting up of NALCO Foundation and doubling of CSR budget to 2% of the net profit, the company is well-poised to augment its activities on social responsibilities significantly.
In order to promote education amongst tribal children, NALCO has sponsored more than 655 students in reputed educational institutes in Odisha by way of bearing all their expenses on studies including lodging and boarding etc.