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Page last modified on : November 13, 2018

Q2 FY18-19

NALCO Registers Strong Performance

  • H1 Net Profit jumps three-fold
  • H1 Operating Profit goes up by four-fold

Bhubaneswar, 12.11.2018:

National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, Govt. of India, has once again repeated its strong performance by posting a turnover of Rs.5952 crore in the first half of FY 2018- 19, i.e. 42% growth over H1 of FY 2017-18. The net profit of the company has gone up from Rs.364 crore in H1 of the previous fiscal (2017-18) to Rs.1197 crore during the first half of 2018-19, registering a growth of 229%.

While the net profit of NALCO in the H1 of current fiscal has increased around three-fold, operating Profit of the company has increased more than four-fold, registering Rs.1624 crore in 2018-19 compared to Rs.334 crore in H1 of FY 2017-18. EBITDA margin of the company during the period has doubled from 17 % to 34%.

According to the reviewed financial results for the 2 nd quarter and first half of the financial year 2018-19 taken on record by the Board of Directors in the meeting held at Bhubaneswar today, NALCO has achieved a net profit of Rs.510 crore, as against Rs. 235 crore in the corresponding quarter of previous fiscal, registering around two-fold growth. The operating profit of 2 nd quarter of FY18-19 has increased by 229% at Rs735 crore, as against Rs.223 crore in the 2 nd quarter of FY17-18.

Despite high volatility in alumina and aluminium markets due to US Trade Sanctions etc. NALCO has been able to significantly improve its performance due to the New Business Model introduced by the company one and a half year back, which has helped in doubling its net profit during the last financial year 2017-18 and significant improvement further in Q1 of 2018-19, wherein NALCO registered a net profit of Rs.687 crore over Rs. 129 crore in Q1 2017-18. The performance of NALCO continued to be upbeat in Q2 of this fiscal. Under the New Business Model, the focus has been on reducing the specific consumption, cost reduction, production augmentation, strategic marketing in spot market etc. Dedicated and determined Team NALCO, under the leadership of Dr. T.K. Chand, CMD, is confident to post a record turnover and profit in FY 2018-19.


Entries invited for Nalco Green Awards for Engineering Excellence - 2018


Nalco Green Awards for Engineering Excellence

Bhubaneswar, 09.11.2018:

National Aluminium Company Limited (NALCO) has instituted state-level awards for meritorious engineers, who have introduced and adopted Green Technology in the industrialization of Odisha. The award titled ‘NALCO Green Awards for Engineering Excellence’ shall be given annually on the occasion of Engineers’ Day and carry one 1 st prize with cash award of Rs.2 lakh, one 2 nd prize with cash award of Rs. 1 lakh & two 3 rd prizes with cash award of Rs. 50,000/- each, along with citations. For this, the company has sought online applications through its website, till 08.12.2018. Interested engineers may apply online at www.nalcoindia.com with supporting documents.


World’s lowest cost producer of Alumina, NALCO becomes center of attraction in the International Mining and Resources Conference (IMARC) at Melbourne, Australia


International Mining and Resources Conference

Bhubaneswar, 30.10.18:

One of the world’s largest Mining and Resources Conference is being held from 29 th Oct 2018 to 1 st Nov 2018 at Melbourne, Australia. This international conference is being attended by more than 6,000 delegates from across the world representing more than 90 countries with thousands of miners, corporates, consultants, technocrats and investors. India is being represented by Ministry of Mines and Ministry of Coal with major PSUs like Coal India Limited, NALCO, NMDC, HCL, MECL etc. and other private companies. NALCO has been designated as the nodal organization to set up India Pavilion and promote “Make in India”.

The participation of India aims to explore the avenues for collaboration in the fields of acquisition of mineral resources, mining and metallurgical technology, exploration in geo science studies etc. State governments and industry bodies are also encouraged to participate in these events. The India Pavilion showcasing the achievement of India in mining and mineral resources was inaugurated by Sh. Anil Kumar Nayak, Jt. Secretary, Ministry of Mines and the INDIA at IMARC 2018 web portal was launched by Dr. T K Chand, CMD, NALCO.

A number of G2B & B2B business transaction were conducted covering possibilities of acquisition of mining assets , Joint Ventures, supply of plant and equipment, transfer of technology, research and development. The expansion plan of Aluminium major NALCO which has achieved the distinction of being the lowest cost producer of alumina in the world evinced huge enthusiasm amongst the global corporates. NALCO also showcased Angul Aluminium Park and invited high end Aluminium makers to come and set up units in Angul, Odisha. NALCO also projected Odisha as the “Aluminium Capital of India” and invited top global corporates of aluminium Industries to come to Bhubaneswar and participate in the International Aluminium Conference (INCAL 2019), to be held during 30th Jan to 1st Feb 2019.

NALCO becomes center of attraction

Meeting of Bhubaneswar Town Official Language Implementation Committee (Undertakings) at NALCO


Official Language Implementation Committee

Bhubaneswar, 27.10.2018:

The 9th half-yearly meeting of Bhubaneswar Town Official Language Implementation Committee (Undertakings) was organized yesterday at NALCO’s Corporate Office. The meeting was presided over by Dr. Tapan Kumar Chand, CMD, NALCO.

Shri Basant Kumar Thakur, Director (HR), NALCO, Shri P.K. Mahapatra, General Manager, BSNL, Shri Suresh Chandra Hota, Director, Airport Authority of India, Shri Chandan Kumar, General Manager, ITDC, Shri Arindam Bhoumik, Director, ESI Corporation, Shri V.B Gajula, Regional Director, and Shri Sanjay Kumar, DGM, FCI, Shri Ajay Kumar Das, DGM,, National Assurance Co., Shri Javed Reyaz, General Manager(IE & Compliance), NALCO and other Chief Executives of different undertakings graced the occasions as the guests of honor.

Hindi officers, Hindi Translators of above offices along with representatives from BPCL, IOCL, Oriental Insurance Co. Ltd., New India Assurance Co. Ltd., MMTC, and other CPSUs of Bhubaneswar were also present in the meeting and came up with valuable suggestions to enhance the use of Hindi by organising joint programs.

The 5th issue of Hindi E-magazine ‘Ananta’ was released in the meeting, in which interesting writings in Hindi by the employees and reports of Rajbhasa conferences, workshops, Hindi Kavi Sammelan, Hindi fortnight celebration and special programs were published. In the meeting, arrangements of joint programs, constitution of sub-committees and different initiatives for propagating use of Hindi in Official work were discussed.

In his address, Dr. T.K. Chand, CMD, NALCO, expressed his pleasure on special programs organised by the members and said that for achieving targets of annual program of Hindi, not only hard work but working smartly is also necessary. Sharing NALCO’s efforts for promoting the use of Hindi language, he informed about the Nalco’s Hindi mobile app “Nalco Namasya” that has been developed for benefit of MSMEs who supplies different materials to NALCO. This mobile app helps the small entrepreneurs for registration and availing information’s regarding materials to be supplied to NALCO. Shri Basanta Kumar Thakur, Director (Human Resource), NALCO advised for organising special programs for propagating of Hindi during 150th birth anniversary celebrations of Mahatma Gandhi and World Cup Hockey.

The meeting was coordinated by Shri Hariram Pansari, Member-secretary of the Committee and Sr.Manager (Rajbhasha) of NALCO.


NALCO TAKES UP INNOVATIVE APPROACH TO PROMOTE SWACHHATA

- 1000 Rag-Pickers to be provided with personal hygiene kits

- To distribute 5 lakh cloth bags as substitute to plastic bags


Rag Pickers

Bhubaneswar, 26/10/2018:

Joining the nationwide observance of Swachhata Pakhwada, Navaratna CPSE NALCO today took up an innovative approach to spread the importance of cleanliness by distributing personal hygiene kits including hand gloves, t-shirts, masks, organic soaps etc. to more than 200 rag- pickers from various slums of Bhubaneswar. It is targeted to provide these hygiene kits to 1000 rag-pickers.

Dr. Tapan Kumar Chand, CMD, NALCO, handed over the personal hygiene kits to the rag-pickers from various slums in the city including Jagannath Leprosy Basti, Kargil Basti, Pokhariput Basti, Niladri Vihar Basti, Damana Basti, Ishaneswar Basti etc.

Underscoring the importance of cleanliness and hygiene for a healthy life, Dr. Chand applauded the role of Rag-Pickers as the frontline soldiers of “Swachhata” in any town or city. He said that their condition needs to be alleviated and their welfare needs to be ensured.

The event was organised by NALCO in association with Seva Prayas Foundation. Shri B.K. Thakur, Director (HR), NALCO, noted social activist and founder of Seva Prayas, Ms. Linkan Subudhi, along with senior officials of NALCO were present on the occasion.

It is worth mentioning that the company as part of its continuous endeavours to create awareness on cleanliness and as part of the run-up to mark the 150th Birth Anniversary of Mahatma Gandhi, has been organising host of activities at its Corporate office in Bhubaneswar and also across the country in its various production units and offices.

NALCO under its Swachhata-hi-Seva movement, has plans to distribute five lakh cloth bags to various social organisation for use of general public. The company has also started an online campaign “Swachhathon” under which it invites innovative ideas from school and college students for promoting cleanliness and adopting strategies for a clean Bhubaneswar. Similarly, to promote cleanliness in schools, NALCO has instituted the “Swachh Vidyalaya” award.

cloth bags as substitute to plastic bags


National Aluminium Network Meet 2018

“Focus should shift towards downstream industries to meet higher aluminium demand and consumption”: NALCO CMD Dr. T.K. Chand


National Aluminium Network Meet 2018

New Delhi / Bhubaneswar, 12/10/2018:

“In the coming 5 years, aluminium consumption in India will be doubled from existing level of 3.6 million ton to 7.2 million ton. Unless we focus on aluminium downstream unit, India will be importing around 5 billion dollar worth downstream aluminium products,” said Dr. Tapan Kumar Chand, CMD, NALCO. He expressed this while addressing the National Aluminium Network Meet 2018, held at New Delhi, under the aegis of Ministry of Mines and Jawaharlal Nehru Research & Development Centre (JNRCD). “Moreover, Indian Aluminium Industry is at the high end of cost curve for production and the industry need to sustain and increase its margin by producing value added and high end downstream products,” added Dr. Chand.

Further, Dr. Chand underscored the need for promotion of downstream industry by mother aluminium plants through MSMEs to create employment opportunity which will help developing Indian Aluminium market. In this context he advised the captains of Aluminium industry to identify technology needed for developing aluminium alloys for downstream units. This technology can be developed by JNRDC and transferred from abroad through collaboration. JNRDC can act as a catalyst and facilitator. Dr. K. Rajeshwar Rao, Additional Secretary, Ministry of Mines, Govt. of India, while inaugurating the Meet appreciated NALCO for its effort in promoting downstream units and called upon all aluminium producers to create awareness about the utility of aluminium in the contemporary time.

The meet was attended by senior officials of the Ministry of Mines, Govt. of India functionaries, top aluminium producers from primary, secondary and downstream sectors, technology professionals and Original Equipment Manufacturers (OEMs).


NALCO CMD Dr. T.K Chand launches 6 th Long Term Wage Settlement for employees

Long Term Wage Settlement for employees

Bhubaneswar, 08/10/2018:

In what is a significant step towards benefitting more than 5000 employees of National Aluminium Company Limited (NALCO) across the country, Dr. Tapan Kumar Chand, CMD, NALCO, today inaugurated the 6 th Long Term Wage Negotiation at its Corporate Office in Bhubaneswar.

The launch ceremony will set into motion the process of wage settlement for its employees, including revision of scale of pay, HRA, Incentive and other benefits. Unlike in the past, Dr. Chand has given a clarion call to the Recognised Unions and the Management to complete the process of negotiation for wage settlement within one month.

Appreciating the hard work of employees, Dr. T.K Chand, CMD, NALCO, said, “The employees have played a key role in helping NALCO reach where it is today. It is their commitment that will help NALCO turn its dream of becoming a Maharatna Company from Navratna Company, into a reality. This decision to roll out the 6 th Long Term Wage Settlement will have a positive impact on the morale of the employees and go a long way in further improving the business culture of the organisation.’’

It may be mentioned that NALCO is one of the few PSUs in the Mining and Metal sector in the country which has taken the lead in taking concrete steps for initiating the process of the 6 th Long Term Wage Negotiation as per the guidelines of the Government of India.

Members of five recognised Unions – NALCO Mines Employees Union (Mines, Damanjodi), NALCO Employees Union (Alumina Refinery, Damanjodi), NALCO Shramik Congress Union (CPP, Angul), Aluminium Mazdoor Sangh (Smelter Plant, Angul) & NALCO Employees Forum (representing the Corporate and Regional offices) participated in the ceremony and committed to positively contribute towards organisational growth and excellence. Shri. V Balasubramanyam, Director (Production), Shri. Basant Kumar Thakur, Director (HR), Shri Sridhar Patra, Director (Finance), and senior executives of the Company were present during the meeting.


31 st All India Rhinology Conference

Healthcare to 1.3 billion population is a challenge but is also an opportunity to provide huge employment: says Dr Chand, CMD NALCO


All India Rhinology Conference

Bhubaneswar, 06.10.2018:

All India Institute of Medical Science (ENT Dept) & All India Rhinology Society is organising a 2 day conference Rhinocon 2018, beginning today at Bhubaneswar. Dr. Tapan Kumar Chand, CMD, NALCO, graced the inaugural ceremony as the chief guest while Shri Dilip Tirkey, former Rajya Sabha member and Dr. Gitanjali Batmanabane, Director, AIIMS Bhubaneswar were present as the guests of honour. Inaugurating the Conference, Dr Chand in his address to the medical fraternity said that providing health care to 1.3billion population of our country is indeed a challenge, but we must see the challenge as an opportunity to provide employment, as by turn of the decade India will be emerging as the youngest nation with 64% of population in working age group and these people need to remain fit by providing better healthcare.

“This huge demographic can give an estimated additional growth rate of 2% in GDP, provided meaningful engagement is ensured, which will ultimately make India’s dream of becoming the 3rd largest economy with a GDP worth $17 from present $2.6 trillion a reality”, said Dr. Chand.

Being optimistic on the huge potential of employment in healthcare sector to offer, Dr Chand also said that once sectors such as healthcare and education were considered to be major expenditures but now with change in policy decisions, these are considered as sectors with huge investment potentials. “With fourth industrial revolution Industry 4.0, it will bring along smart technologies, giving rise to availability, affordability and scalability and also significantly reducing the capex”, added Dr Chand.

Citing different initiatives taken up by NALCO, Dr. Chand mentioned about company plan to introduce an Integrated Health Management System on pilot basis to provide missing link in peripheral villages and to bridge the gaps in existing healthcare systems. Under this integrated healthcare management system, the company would be setting up wellness clinics & call centres for the peripheral villages in Angul & Damanjodi.

Worth mentioning that NALCO presently has two full-fledged Hospitals and 9 Mobile Health Units accessible to people of periphery villages benefiting more than one lakh patients every year. Besides, the company is setting up a modern Eye Hospital at Angul and Night Shelter in AIIMS, Bhubaneswar for attendants of indoor patients and OPD patients availing long term treatment.
Ceremonial Lamp


NALCO CMD pitches for Angul Aluminium Park in Resurgence of Mineral East Summit at Raipur, Chattisgarh


Angul Aluminium Park in Resurgence of Mineral
Raipur/Bhubaneswar, 04.10.2018:

Dr. T.K Chand, Chairman, CII Mining & Metals Committee (Eastern Region) and CMD, NALCO, pitches for Angul Aluminium Park in Resurgence of Mineral East Summit at Raipur, Chattisgarh.


NALCO CMD UNVEILS NEW BUSINESS PLAN NALCO: 3-4-5 & NALCO to spend Rs.100 Crores in CSR activities at Koraput


NALCO CMD UNVEILS NEW BUSINESS PLAN
Damanjodi / Bhubaneswar, 01.10.2018 :

Addressing the Unions, Associations, members of Management and Employees of NALCO, Chairman Dr. Tapan Kumar Chand unveiled a new business plan acronymed “NALCO:3-4-5”, that envisages increasing NALCO’s 3-digit profit figure to 4-digits and 4-digit turnover to 5-digits. NALCO has already achieved 4-digit figure at Rs.1342 crore in 2017-18 and is likely to achieve more than Rs.1600 crore in 2018-19. The objective is to further increase and sustain the profit at 4-digit level. Similarly, turnover of NALCO for the first time in 2018-19 will be in 5-digits. It is expected that the net turnover of NALCO during this current year will be more than Rs.12,000 crore. Under this plan, NALCO will turn into a hardcore business organisation with complete focus on business excellence. Dr Chand further said that, “With the emergence of the 4 th Industrial Revolution, Artificial Intelligence, Internet of Things, Robotics, Augmented Reality etc. would be the trend setters and NALCO is all set to lead this revolution. The new technology: Industry 4.0, will bring in substantial reduction in capital investments and Indian Industries needs to leverage it to remain globally competitive. NALCO is gearing up in full steam to meet this challenge”.

Dr. Chand, during his visit to NALCO’s Mines & Refinery Complex inaugurated the new Electrostatic Precipitator (ESP) of Boiler-2, which has incorporated the latest technology for pollution control from the power plant. He also laid the foundation stone for the HRD-DCW of Alumina Refinery which will enhance the productivity of the plant and reduce the consumption of caustic soda. It may be mentioned that during 2018-19, Alumina Refinery is all set to exceed its rated capacity in production of Alumina, which has a fairly good global market. Dr. Chand also inaugurated the state-of-the art Auditorium at Damanjodi with a seating capacity of 500.

Dr. Chand announced that in the near future, NALCO plans to spend around Rs.100 crores under its CSR arm in the areas of healthcare, literacy, infrastructure, water management and women empowerment in Koraput District.

In order to motivate performance amongst employees, CMD Dr. Chand presented Excellence Awards to forty one employees across various levels of the organisation. Dr. Chand reiterated that behind the success of any organisation lies the dedication and hard work of employees. He said that while technology and business environment are of paramount importance, the key driver of any successful enterprise lies in the motivation and competencies of its employees.


NALCO joins Swachhata hi seva movement

NALCO CMD pitches for use of aluminium foil as an alternative to plastic packaging; shares company’s plan of aluminium foil manufacturing unit at Kamakshyanagar


NALCO joins Swachhata hi seva movement
Bhubaneswar, 30/09/2018:

In a run-up to mark the 150th Birth Anniversary of Mahatma Gandhi, the aluminium major National Aluminium Company Limited (NALCO), organised host of activities under the swachhata hi seva movement today at Bhubaneswar. Led by Dr. Tapan Kumar Chand, CMD, NALCO, distinguished personalities from media houses, bureaucrats, social activists, artists, and students from various institutions including XIMB, KISS, KIIT, Astha School of Management, IIIT, BGU participated with much enthusiasm in the cleanliness drive and shramadan event at Nalconagar, Bhubaneswar.

Dr Chand advocated the use of aluminium foil as an alternative to plastic packaging, which is eco friendly and can be recycled. “To meet the challenges of providing alternative solutions to the packaging industry, NALCO would set up an aluminium foil manufacturing unit at Kamakshyanagar in Odisha in coming days. ”, said Dr. Chand.

Speaking about the NALCO’s eco friendly initiatives, Dr. Chand also outlined on the future plans like adoption of the EMRION-Nano technology on mass scale for effluent treatment, development of solid waste management technology in association with IIT and extraction of marketable iron concentrate out of Red Mud, which is otherwise treated as an industrial waste.

NALCO has also taken up various initiatives under its CSR activities for development of Puri as swachh iconic place project having project outlay of Rs. 170 crore and creating facilities and infrastructure for the benefit of the pilgrims. Initiatives like eco-friendly battery operated vehicles for the elderly and specially-abled people at Puri, Bhubaneswar, Cuttack railway stations, provision of safe drinking water kiosks, development of Puri Gandhi Park etc has been widely appreciated by the public at large.

“The importance of safe and clean drinking water is of utmost importance as at tourist destinations, the congregation of people is more and maintaining cleanliness is a daunting task. At such places, eco-friendly and essential initiatives plays a major role and will benefit the large number of devotees who throng the holy place”, added Dr. Chand.

To mark the occasion, NALCO distributed hand wash kits to more than 200 children from slums and provided white canes sticks to the blind persons.

NALCO joins Swachhata hi seva movement

NALCO’s support for rehabilitation of Divyangas : India’s first 7-Axis Robotics machine with in-built CAD/CAM Software installed at SVNIRTAR, Olatpur


rehabilitation of Divyangas
Bhubaneswar, 29.09.2018:

“With the upsurge of technological innovations and various skill development programmes, there is host of opportunities for the Divyangjans to enhance their skills and nurture their talents, thereby becoming more competent and self-sufficient in life. NALCO, as a responsible corporate citizen,takes pride in joining hands with the reputed National level Organisation,” said Dr. Tapan Kumar Chand during the inauguration of the CAD/Cam Laboratory and laying of the foundation stone for Vocational Training Centre at Swami Vivekanand National Institute of Rehabilitation Training & Research (SVNIRTAR) at Olatpur today. It may be mentioned that the 7-Axis Robotics machine with in-built CAD/CAM Software for manufacturing of sockets at SVNIRTAR is first of its kind in the Country and has been installed by NALCO Foundation, the CSR arm of the company. This Rs.2.73 crore project would enable SVNIRTAR in producing the orthoses and prosthetic sockets in a more efficient manner within less time, avoiding any adverse result on the nerve system of the users.

“This 7-Axis Robotics machine with in-built CAD/CAM Software at SVNIRTAR is one of its kind and is the first such equipment installed in India. This will bring down both cost and time required for manufacturing the prosthetics and orthotic appliances and enhance their accuracy,” informed Dr. Chand. “I hope, this small gesture of NALCO would make the lives of the people with locomotive diseases better,” added Dr. Chand.

Smt. Shakuntala D. Gamlin, IAS, Secretary, Department of Empowerment of Persons with Disabilities (Divyangjan), Ministry of Social Justice & Empowerment, Govt. of India graced the occasion and described NALCO’s people welfare programmes and CSR initiatives par excellent. Among others, Smt. Dolly Chakrabarty, Joint Secretary, Department of Empowerment of Persons with Disabilities (Divyangjan), Ministry of Social Justice & Empowerment, Govt. of India, Dr. S.P. Das, Director, SVNIRTAR, Er. Ramesh Chandra Mishra, Superintendent Engineer (BCC), CPWD, Bhubaneswar, Shri A.N. Nanda, Nodal Officer, CSR, SVNIRTAR and Shri Rasmi Ranjan Sethy, Officiating Deputy Director (P&A), SVNIRTAR also spoke on the occasion.


Noble Gesture by NALCO & NALCO Mahila Samiti to mark Swachhata Pakhwada

NALCO Mahila Samiti
Bhubaneswar, 28.09.2018:

As part of the ongoing Swachhata Pakhwada, NALCO, in association with NALCO Mahila Samiti have extended a noble gesture to the inmates of Mission Ashra. Led by Smt. Preeti Roy, President, NALCO Mahila Samiti, its members and the officials of NALCO Foundation, the CSR arm of the company, visited Mission Ashra, on 27 th September 2018, a shelter for mentally challenged girls and women and donated an automatic washing machine and clothes to the inmates. It may be mentioned that Mission Ashra, under the NGO People’s Forum, provides shelter to around 250 mentally challenged women and girls. Smt. Gayatri Balasubramanyam, Advisor, Smt. Prativa Mishra, Secretary and other members and office-bearers of NALCO Mahila Samiti were present on the occasion.


NALCO CMD Dr. Chand conferred with the top national award ‘NIPM Ratna’ : Calls for MSMEs centred HR Model in 4 th Industrial Revolution


national award NIPM Ratna
Bhubaneswar/Pune 28.09.2018:

Dr. Tapan Kumar Chand, CMD, NALCO has been conferred with the prestigious ‘NIPM Ratna Award’ in the 37 th NIPM’ Annual National Conference NATCON-2018, held today at Pune. Dr. Chand was given the award in recognition to his significant contribution to People Management & Strategic Leadership. Dr. Chand dedicated the award to HR professionals in the country and the Team NALCO.

Sharing his thoughts, Dr. Chand said, “We are now in the threshold of 4 th industrial revolution. The 1 st Industrial revolution marked the shift from muscle power to steam power while 2 nd revolution occurred with application of electricity and mass production. With 3rd revolution it gave further wings to human efforts with implementation of IT & Automation. Now with the emerging 4 th industrial revolution, Artificial Intelligence, Internet of Things, Robotics, Augmented Reality etc would be the trend setters.

Dr Chand further said that the new technology: Industry 4.0, will bring in substantial reduction in capital investments and Indian Industries needs to leverage it to remain globally competitive. “The need for the Industry is to prepare for the 4 th Industrial revolution and Industry 4.0 Technology” he said.

“However, the challenges are far more daunting in a populous country like India with 1.3 billion populations and more so when the country is emerging as the youngest nation in the world with 64% of its population in the working age group. As the employment opportunity shrink in large and medium industry, focus of HR need to be on MSMEs and the new HR model should enable mother plant to remain globally competitive while promoting employment eco system through MSMEs and employability eco system to bridge the skill gap in the country” added Dr Chand.

It may be mentioned that National Institute of Personnel Management (NIPM), the highest body of HR professionals in the country, is organising its two day National Conference, NATCON-2018 at Pune, wherein large number of professional from across India & abroad are participating. Professionals from various walks of life have congratulated Dr. Chand for the award and his new model of People Management.


Hindi Fortnight Celebrated in Nalco

Hindi Fortnight Celebrated in Nalco
Bhubaneswar, Dated: 24.09.2017:

Hindi fortnight was celebrated from 1st to 15th September in all regional offices and production units of National Aluminium Company Ltd. (NALCO) for promoting use of Hindi in day-to-day official work and encouraging the employees to work in Hindi. Hindi Essay, Debate, Noting, Dictation and Quiz Competitions were organised in separate groups of Hindi speaking and Non-Hindi speaking employees. Colorful Poster writing competition was organised among the students.

Dr. T.K. Chand, CMD, NALCO graced the Valedictory Ceremony of the Hindi fortnight as the Chief Guest and gave away prizes to the winners of different Hindi competitions.

Hindi Day Message of Shri Narendra Singh Tomar, Union Minister for Rural Development, Panchayati Raj and Mines, Govt. of India was read.

Dr. Chand in his presidential address said "Official Language Hindi is now spreading fast not only in India, but in foreign countries. He said that technical terminologies in simple Hindi should also popularized, which will promote use of Hindi language in technical areas as well. Dr. Chand added that, “NALCO has always been at the forefront of propagating and encouraging the use of Hindi for official communication.”

Shri B.K. Thakur, Director (HR) handed over the participating awards and prizes to the winners of Hindi poster-competitions.

It may be noted that during the fortnight, several events were organised at the various units of NALCO including a Hindi Hasya Kavi-Sammelan at Damanjodi.


People’s campaign to make Iconic Place Puri polythene-free launched: Clarion call of by Dr. Chand in inaugural speech to industries to support polythene-free Puri


Iconic Place Puri polythene-free
Puri, 23.09.2018:

“The entire world is struggling hard to beat the hazards of polythene and plastics on environment and human health. In such a scenario, concerted effort, both at the individual and institutional levels is the need of the time. NALCO, as a responsible corporate citizen, has planned to handover paper / cloth bags and aluminium foil packs as substitute to polythenes to Puri District Administration,” said Dr. Tapan Kumar Chand, CMD of Navratna CPSE National Aluminium Company Limited (NALCO). “This initiative would be a part of the Rs.160 crore project being carried out by the company to develop and promote Puri as a Swachh Iconic Shrine,” informed Dr. Chand. He said this while inaugurating the National Symposium on ‘Polythene Environment & Human Health’, organized by the socio- cultural organization Nirmalya, in association with R.S.K.S. (D.U.), Sadashiva Campus at Puri. A people’s campaign to make Puri as a polythene-free iconic place was launched on this occasion. Also, as the Chairman of CII, Odisha Dr. Chand urged the industries to come forward to extend their support in this campaign.

Speaking on this occasion, Dr. Chand expressed concern over the adverse impacts of the excessive usage of polythenes and plastics. “Single-use plastic bags pose a global threat to the environment with over 1 trillion plastic bags used and disposed of each year. Plastic overwhelms landfills, clogs gutters and poses a risk to environment, animals and human health when improperly disposed. To counter such issues, we need to go back to the age-old processes of packaging like the paper packaging and cloth or jute bags,” said Dr. Chand. “The Government has already come forward to impose restriction on the usage of polythenes and plastic. There is a need to spread awareness regarding this. NALCO, as a responsible Corporate Citizen has already taken several steps in this line. The company has imposed restriction on usage of plastic bags in its premises. Also, as part its association with the Swachh Bharat Abhiyan, the company has prepared a music video ‘Amritam Gamaya’, which spreads the message against usage of polythenes and plastics,” informed Dr. Chand.

Among others, Dr Uddav Majhi ADM, Puri, Prof. H.K. Mohapatra, Principal, Sadashiva Campus, Puri, Dr. Ashok Mahapatra, Neurologist, Director, SUM Hospital also spoke on the occasion.


NALCO adds Drinking Water Kiosk at Sakhigopal Temple under Swachh Iconic Shrine Project


Drinking Water Kiosk at Sakhigopal Temple
Puri, 17.09.2018:

In a noble step that will benefit pilgrims and public at large, NALCO today launched water posts / kiosks at Sakhigopal Temple under Prime Minister’s Swachh Iconic Place project, adding to the water posts that have been already installed by the Company at various locations in and around Puri.

The installation of water kiosks was inaugurated by NALCO CMD Dr. Tapan Kumar Chand.

Dr. T.K.Chand, CMD, NALCO, said, ‘’This initiative will benefit lakhs of people visiting Puri, and Sakhigopal, especially when the temperature soars during the summer season.’’

The water post installed at Sakhigopal Temple today will provide people access to chilled drinking water. As of now, eleven water kiosks have been provided including three in and around Jagannath Temple, one each at Sakhigopal Temple, Gandhi Park, Satalahari Math, Gundicha Mandir, Gurdwara, near Sea Beach, Sunaragouranga Math and Jagannath Ballav Math.

In keeping with its objective of ensuring all-round development of Puri as a Swachh Iconic Place, NALCO is carrying out a number of activities, including installing solid waste management plant inside and outside Lord Jagannath Temple, development and beautification of Gandhi Park, multi-storeyed car parking at sea beach, development of heritage corridor joining 56 minor monuments, renovation of Niladri Vihar museum inside Jagannath Temple, development of Parikrama in Gundicha Temple, providing access to drinking water at various spots in the city, among other initiatives.

NALCO also has provided 10 battery-operated vehicles for the elderly and specially-abled people service at Puri, Bhubaneswar, Cuttack railway stations and between Jagannath Temple and Jagannath Ballav Math.


Hockey players Sunita Lakra & Lilima Minz meet NALCO CMD


Hockey players Sunita Lakra & Lilima Minz meet NALCO CMD
10.09.18, Bhubaneswar:

Odisha’s star Hockey players Sunita Lakra and Lilima Minz today paid a visit to Dr. Tapan Kumar Chand, CMD, NALCO. They were joined by Olympian Anuradha Biswal and cricketer Debashish Mohanty.

Dr. Chand congratulated the two international Hockey players for their exemplary performance that has brought laurels to the country in the Asian Games held at Indonesia, wherein the team bagged the silver medal.

The star players from Odisha were full of appreciation for the encouragement given to sports by NALCO.


Dutee Chand calls on Dr. T.K Chand, NALCO CMD lauds ace athlete for spectacular performance in Asian Games


athlete for spectacular performance

Ace athlete Dutee Chand calls on Dr. T.K Chand, CMD, NALCO at corporate office

03.09.18, Bhubaneswar:

Dutee Chand, the twin silver medal winner of recently- concluded Asian Games held at Indonesia, paid a visit to NALCO CMD Dr. Tapan Kumar Chand at NALCO corporate office in Bhubaneswar.

NALCO CMD Dr. T. K Chand lauded her memorable silver double in 100 and 200 metres that has brought glory to the Country and the State.

It may be mentioned here that NALCO is supportive of various sporting activities being organized at State-level in Odisha, including NALCO Cup State Hockey Championships, NALCO Cup Open Tennis, NALCO Cup Golf, among other sports. Besides, NALCO also provides financial support to many rural sports events in Angul and Koraput districts. To encourage sportspersons, NALCO has also recruited national & international sportspersons and Olympians.


MEMC WEEK CONCLUDES

Mine with the Mind: Awards galore for Nalco's Panchpatmali Mines

Awards galore for Nalco's Panchpatmali Mines
Bhubaneswar, 03.09.18:

The Panchpatmali bauxite mine of National Aluminium Company Limited (NALCO) has bagged five prestigious awards at the concluding ceremony of 20th Mines Environment and Mineral Conservation (MEMC) week, held under the aegis of Indian Bureau of Mines, Govt of India, at Bhubaneswar on last Saturday.

In appreciation of outstanding mines, environment & mineral conservation, NALCO was awarded the ‘Par Excellence Award’. Besides, among other awards, the company also received the 1 st prize in afforestation, 1 st prize in reclamation & rehabilitation, 1 st prize in sustainable development and 1 st prize in overall performance ( in more than 5.5 million tonne per year mining capacity category).

Appreciating the concerted efforts made by the employees, Dr. Tapan Kumar Chand, CMD of the company, conveyed hearty congratulations to NALCO Collective for the accolades and expressed that these awards are in recognitions to our continuous efforts in promoting environment friendly business practices and mine with the mind.

On behalf of NALCO, Shri S. Chaudhuri, General Manager (Mines) and Shri Sanjaya Kumar Patnaik, AGM (Environment), received the award from Dr. Niranjan Kumar Singh, Joint Secretary (Mines), Government of India. It may be noted that NALCO’S Panchpatmali bauxite mine is only mines in the state of Odisha to be accorded a 5 star rating for implementation of the Sustainable Development Framework.


NALCO CMD describes IPPB as a powerful measure for digitalization and inclusive growth


IPPB as a powerful measure
Puri / Bhubaneswar, 01.09.2018:

Aimed at speedy financial inclusion of all sections of the society, Dr. T.K Chand, CMD, NALCO, alongside Shri Pinaki Mishra, Hon’ble MP, Lok Sabha, and Shri Raghunath Mohapatra, Hon’ble MP, Rajya Sabha, today launched the much-awaited India Post Payments Bank (IPPB) in Puri.
The launch in Odisha followed the national roll out of IPBB by Honourable Prime Minister of India at a function in New Delhi. 33 branches and 165 Access Points all over Odisha Postal Circle was launched.

Dr. T.K.Chand, CMD, NALCO, said, ‘’The move to launch the IPBB is a powerful measure that will greatly benefit the masses, specially people from the rural pockets. This will provide an accessible, affordable and trusted Bank for the common man, to speedily achieve the objective of financial inclusion of the Government. The huge network of the Postal department can be leveraged effectively to achieve this objective.’’

It is worth mentioning that the Civil Society members present in the launch ceremony were highly appreciative of the gesture of Dr. Chand to transfer Rs 15000 from his salary account and distribute Rs 500 to each of the BPL girl children who have attended the function. Such a personal initiative of Dr. Chand has been there on earlier occasions as well, which shows his empathetic attitude towards the needs of the underprivileged section of society. No wonder this attitude has driven NALCO to develop a caring and sharing face of the organisation in matters of welfare and CSR.

Dr. Chand added that this initiative was the need of the hour as India aims to be a global superpower, which will not be possible if large sections of society were not digitally empowered to benefit from the banking services.
India Post Payments Bank is designed to extend financial inclusion through digital banking to all sections of the society, including the rural pockets of the country. The IPPB will offer a range of products such as savings and current accounts, money transfer, direct benefit transfers, bill and utility payments, and enterprise and merchant payments.


Team NALCO strengthened with the induction of Sridhar Patra as Director (Finance)

Sridhar Patra as Director (Finance)
Bhubaneswar, 01.09.2018:

Shri Sridhar Patra, has taken over the charge of Director (Finance) of National Aluminium Company Limited (NALCO), the Navratna PSU under Ministry of Mines, Govt. of India, today, at the company’s corporate office in Bhubaneswar.

Prior to this assignment, Shri Patra was with THDC India Ltd as the Director (Finance). Shri Patra comes with a rich and varied experience of over 30 years covering various Public Sector Undertakings like Odisha Mining Corporation Ltd., Indian Rare Earths Ltd. and Mangalore Refinery & Petrochemicals Ltd.(A subsidiary of ONGC Ltd.).

Dr. Tapan Kumar Chand, CMD, NALCO congratulated and welcomed Shri Patra to the Board of NALCO and expressed the hope that his rich experience in various sectors, including mining, would strengthen Team NALCO and help the Company soar to greater heights of glory.

A graduate in Commerce from Utkal University, Shri Patra is a Member of Institute of Chartered Accountants of India. He completed his MBA (HRD) from Vidya Sagar University and has contributed as an academician apart from his professional employment in PSUs.


37 th ANNUAL GENERAL MEETING

  • NALCO announces record 114% dividend amounting to Rs. 1102 crore for 2017-18, highest ever since inception
  • Net profit doubles to Rs 1342 crore in 2017-18, from Rs 669 crore in 2016-17
37 th ANNUAL GENERAL MEETING
Bhubaneswar, 29.08.2018:

Continuing its bull run, National Aluminium Company Limited (NALCO), the Navratna PSU under Ministry of Mines, Govt. of India, has once again brought cheer in the stock market by declaring record dividend payout of Rs 1102 crore – an increase from 56 % in 2016-17 to a whopping 114 % in 2017-18, which works out to Rs 5.70 per equity share of Rs 5 each. This is the highest dividend payout since the inception of the Company in 1981. The total payout, including Dividend Distribution Tax, works out to Rs 1326.06 crore, as against Rs 651.40 crore in the last fiscal. The shareholders of NALCO approved the dividend payout in the 37 th Annual General Meeting held here on 29 th August 2018.

For the year, dividend payment, including dividend distribution tax works out to 98.78 % of net profit. NALCO has paid a total of Rs.7273.59 crore as dividend, including Rs 5918.39 crore as share of Govt. of India. The contribution to Public exchequers from inception till FY 2017-18 is Rs.29,877 Cr towards taxes, duties, royalties, dividend etc. out of which Rs.23,410 crore has been paid to Central Govt. and Rs.6,467 Cr has been paid to State Govt.

Speaking on the sidelines of the 37 th AGM, Dr. Tapan Kumar Chand, CMD, NALCO, attributed the success to team work, strong cost focus and strategic planning. Dr. Chand said, ‘’The new Business Plan of NALCO has set the Company on a growth path. The results are starting to show. The record dividend payout is a result of the commitment our stakeholders have in the growth-oriented approach adopted by the Company. The latest results can only augur well for NALCO as we look to scale greater heights in our quest for excellence in inclusive growth and spreading happiness among people.’’

PERFORMANCE HIGHLIGHTS : 2017-18

  • Achieved highest net profit in last 10 years of Rs. 1342 crore against Rs. 669 crore in previous year
  • Dividend payment has increased from 56 % in the previous year to 114% during 2017-18
  • Contribution to Public exchequers: From inception till FY 2017-18, Rs.29,877 Cr towards taxes, duties, royalties, dividend etc. out of which Rs.23,410 crore paid to Central Govt. and Rs.6,467 Cr paid to State Govt.
  • Highest-ever turnover of Rs. 9376 crore since inception, registering a growth of 26% over last year.
  • Export earning of Rs. 4,076 crore also highest ever since inception registering a growth of 12 % over last year.
  • Third highest Net Foreign Exchange Earning CPSE in the Country.
  • Bauxite Mines (North-Central block of Panchpatmali Mines) achieved 100% capacity utilization with transportation (production) of 68.25 lakh MT for second successive year.
  • Lowest cost producer of alumina in the World consecutively for the 2 years i.e. 2016 & 2017 as per report of Wood Mackenzie.
  • Panchpatmali Bauxite mines rated as the 2nd lowest cost producer in the World in 2017 as per report of Wood Mackenzie; aiming to become the lowest in FY 2018-19
  • Highest-ever Alumina Hydrate production of 21.06 lakh MT (100% of normative capacity)
  • Aluminium Smelter production consistently increasing over the last 5 years and achieved highest cast metal production of 4.26 lakh MT (in last 5 years), registering a growth of 9.8% over last year.
  • CPP achieved ‘Net Power Generation’ of 6,547 MU, registering a growth of 7.9 % over previous year.
  • Five-Star Rating for Panchpatmali Bauxite Mines by Ministry of Mines for 2nd consecutive year.
  • Aluminium metal sales of 4,26,316 MT during 2017-18, which is significantly higher than the sales figures of 3,85,518 MT achieved during 2016-17.
  • Registered total Alumina sale of 13,37,416 MT, including export of 12,76,775 MT. This betters the corresponding figures of 12,94,900 MT and 12,43,103 MT respectively achieved during 2016-17.
  • Share price of NALCO has increased from Rs.46.60 on 29th Aug 2016 to Rs.74.95 as on 28 Aug 2018.

NALCO puts Angul Aluminium Park in Indo-Russian bilateral protocol for Russian investment & technology


Indo-Russian bilateral protocol
Bhubaneswar / New Delhi, 28.08.2018:

The 7th Session of India-Russia Sub-Group on Mining under the India-Russia Working Group on Modernization and Industrial Cooperation met at New Delhi today to identify areas of cooperation & collaboration. In this protocol meeting, Indian industries were represented by Dr.T.K Chand, CMD, NALCO & others. In the meeting, Dr Chand pitched for Angul Aluminium Park, a joint venture promoted by NALCO & IDCO, as a potential area for cooperation for Russian investment & technology collaboration, which was agreed by the Russian side.

Industry experts say this will bring in Russian high-end technology in downstream units of the park, which will help the Aluminium Park achieve global standards. Apart from this, there are areas like collaboration for strategic minerals like cobalt, lithium etc, which has also been agreed upon. Pursuant to this, top global companies like UC Rusal, Ms. KJTS, Ms. UHM etc will be visiting Odisha.

The response to the Angul Aluminium Park has been unprecedented and it is set to become a major centre in the world for aluminium downstream activities.


Indian Aluminium Industry needs National Aluminium Policy, says Dr T.K Chand, Chairman, AAI in National Convention of Aluminium at Bangalore


National Aluminium Policy
Bhubaneswar, 23/08/2018:

Annual National Convention of Aluminium was held in Bangalore and attended by top leaders of Aluminium Industry, policy makers, secondary producers, technologists and foreign delegates.

Addressing the delegates, Dr. Tapan Kumar Chand, CMD, NALCO and Chairman of Aluminium Association of India (AAI), said, ‘’There is need for National Aluminium Policy to enable industry to produce 10 million ton of Aluminium with 75% in downstream. Existing Aluminium application is only 300 in India as against 3000 globally. India needs to double its per capita consumption, increase applications of Aluminium and go for 75% value addition.’’

Dr. Chand emphasised on the scope of the Aluminium Industry to generate employment. ‘’Aluminium industry has the potential to provide additional 1.2 million employment at 10 million production stage,’’ said Dr. Chand. In this context, Dr. Chand called upon prospective investors and stakeholders to look at Angul Aluminium Park, developed jointly by NALCO & IDCO of Govt. of Odisha, as an attractive investment option and invited Industries to set up Units. Dr. Chand also requested Govt. of India to include Aluminium in the group of core industries.

The Italian delegation, led by its trade commissioner Prof. Alberto, stressed on the lasting relationship between India and Italy on aluminium downstream and bright potential of downstream industries in India. Prof. Alberto spoke about future potential of downstream industries and the proactive role it will play to help the aluminium sector. He praised NALCO’s role in bringing downstream and technical collaboration with Italy to bring latest technology.


Led by CMD Dr. T. K.Chand, NALCO joined the Nation in paying homage to the great son of India and former Prime Minister, Bharat Ratna Atal Bihari Vajpayee


Bharat Ratna Atal Bihari Vajpayee

NALCO steps forward for promotion of Art & Culture in Odisha

Signs MoU with Pt. Hariprasad Chaurasia’s Vrindaban Gurukul Trust

Vrindaban Gurukul Trust
Bhubaneswar, 17/08/2018:

National Aluminium Company limited, the Odisha-based Navratna CPSE, under Ministry of Mines, Govt. of India, has a taken a step further towards the promotion of art and culture by signing a Memorandum of Understanding with Vrindaban Gurukul Trust of Flute Maestro Padma Vibhushan Pandit Hariprasad Chaurasia. This MoU aims at providing a platform for industry-culture interface, which would take the cultural heritage of the country and Odisha in specific, to the international level.

Speaking on this occasion, Dr. Tapan Kumar Chand, CMD, NALCO, said : “This is a reiteration of NALCO’s commitment towards promotion of art and culture of Odisha. This industry-culture interaction would boost culturally-adaptive business environment in the State, which will take Brand Odisha to a higher position across the globe.”

Padma Vibhushan Pandit Hariprasad Chaurasia said that Vrindaban Gurukul will effectively cooperate and collaborate with NALCO for promoting cultural excellence in Odisha.

As per the MoU, with the theme ‘Cultural Excellence: Cultural Efflorescence’, both NALCO and Vrindaban Gurukul Trust will work together in a collaborative and cooperative way for the promotion of cultural excellence of Odisha and will take special steps for promotion of Indian Classical Music in general and “Flute” in particular by enabling poor students to undertake quality training, so as to make them qualified to earn their livelihood. Both the entities will also promote each other’s brand name / image and will popularise the activities undertaken by them. NALCO shall adopt meritorious students of the Gurukul for their education and will also help in the growth of this institution of musical excellence.

The MoU was signed between Shri B.K. Thakur, Director (HR), NALCO and Padma Vibhushan Pandit Hariprasad Chaurasia, in the presence of Dr. Tapan Kumar Chand, CMD, all the directors and senior officials of the company.


NALCO celebrates 72 nd Independence Day

NALCO all set to position at number one spot in global benchmarking for Bauxite Mining: Dr. Chand, CMD, NALCO

NALCO celebrates 72 nd Independence Day
Bhubaneswar:

The 72 nd Independence Day was celebrated at NALCO’s Corporate Office at Bhubaneswar on 15 th August, with patriotic fervour. Dr. Tapan Kumar Chand, CMD, hoisted the Tri-colour and addressed the employees on the occasion.

“A confident NALCO is continuously growing in the backdrop of achieving raw material security, new milestones in R&D, redefined corporate plan and business strategy and time bound action plan. We have started implementing an expansion plan to achieve 1.1 million tonne Aluminium production by 2022-23 and 1.7 million tonne by 2027-28. New Alumina Refinery work in Damanjodi has already started, DPR for New Smelter and Power Plant at Angul are under preparation, a cluster of industries at Kamakkshya Nagar is getting developed for which land has already been identified. Recently, foundation stone for New Wire Rod Mill has already been laid and the project will be completed by mid-2020. Angul Aluminium Park is receiving huge response from project proponents and the demand of Aluminium from the proposed downstream units in the park is propelling the new Smelter to come first. A much rewarding Business Cycle of Demand-Production-Marketing-End Use products have been setting in making new smelters of NALCO commercially profitable. Angul Aluminium Park and new Cashless Model for MSMEs will create the necessary employment eco-system in Odisha,” said Dr. Chand. “With all these goals in pipeline, NALCO is all set to achieve higher goals and take Indian Aluminium Industry to gain global benchmark,” he added. It may be mentioned that NALCO has already created global benchmark by becoming the lowest cost producer of Alumina and second lowest cost producer of Bauxite in the world for.

A mesmerizing Paika Dance performance by Kalinga Creations, Khordha, marked the occasion. It may be mentioned that NALCO is committed to making all efforts for scaling up this martial art of Odisha up to the international level.


The First Show of Movie on Divyang Children –‘Sapana Tie – A Dream’ at NALCO

NALCO’s intends to cherish the dreams of the Divyang Children: Dr. Tapan Kumar Chand, CMD, NALCO

NALCO’s intends to cherish the dreams
Bhubaneswar, 14.08.2018:

“As a responsible corporate citizen, Navratna NALCO has always made efforts towards imparting positive changes in the lives of the under- privileged sections of the society. The company has been empathetic towards their worries and woes. Especially, NALCO would be keen to be associated with any programme specially dedicated towards the benefit of the Divyangs,” said Dr. Tapan Kumar Chand, CMD, NALCO. He was addressing during the launch of the First Show of a movie on Divyangs, with Divyang actors – ‘Sapana Tie – A Dream’ at the NALCO Bhawan Auditorium here today. It may be mentioned that this movie is the first of its kind, produced with differently-abled children as lead actors.

The movie has been produced and directed by Smt. Milan Dash, under the banner of Ichha Ram Foundation. Speaking on the occasion, Dr. Chand appreciated the noble effort of Smt. Dash and Ichha Ram Foundation for coming up with such a beautiful creation on the silver screen, which showcases the real problems faced by such specially- abled children and gives a ray of hope for them to lead a better life. He further said that these specially-abled children are the precious gift of God and it is the moral duty of every right thinking person to love, nurture and help them. They are a part of the society and they are to be treated as a part of society.

Dr. Chand felicitated Smt. Milan Dash and the Divyang children on the occasion. Among others, all the Directors, CVO and senior officials of the company were present during this special screening.


NALCO to enhance procurement from MSMEs to Rs 1200 after expansion from current level of Rs 400 cr: Dr. Chand, CMD, NALCO


NALCO to enhance procurement from MSMEs
Bhubaneswar, 13.08.18:

In what will be a big boost for the MSME sector in Odisha, NALCO CMD Dr. Tapan Kumar Chand said the state-based Navratna PSU, is taking concrete steps to support the MSMEs and making all efforts to enhance the procurement of materials from MSMEs from the current level of Rs 400 crores to Rs 1200 crores after expansion.

‘’The time for MSMEs to shine bright is NOW. India is emerging as the youngest nation with 64 % of population in working group. If this demographic dividend is properly cultivated, it will increase GDP by 2 %, which will take the GDP growth to double digits. It can only be possible if the huge workforce is provided productive employment. MSME is the right avenue to create employment. A crore investment in MSME creates 85 jobs against one job in large industries. This is going to be the Game Changer,’’ said Dr. Chand while addressing the national convention, organised by Odisha Assembly of Small & Medium Enterprises (OASME).

Batting for the Angul Aluminium Park, which is being set up in joint venture with IDCOL to promote downstream and ancillary industries, Dr. Chand said, ‘’There is huge response to the Aluminium Park from industry proponents. There is as an estimated requisition for 5 Lakh MT. This creates the market compulsion for NALCO to go for 2 new Smelters – one in brownfield and the other in Greenfield, with additional capacity of 1 million tonne in toto, to meet the demand of all India customers, export commitments and industrial units in Angul Aluminium Park. Thus Angul Aluminium Park has brought a turnaround in investment scenario in aluminium sector when Aluminium producers have been apprehensive of new investments due to high cost of production and low LME,’’ added Dr. Chand.

Reaching out to the entrepreneurs of the state at the session titled ‘Ease of Doing Business & Public Procurement Policy of MSMEs’, Dr. Chand said NALCO is very supportive of creating a conducive environment that enables creativity and innovation. Dr. Chand said, ‘’We are keen on sustaining entrepreneurs in the state.’’

Dr. Chand praised the contribution of the Micro, Small and Medium Enterprises (MSMEs) for their role in creating employment opportunities for nearly 15 lakh people in Odisha and opined that NALCO is ‘’Ready to lend marketing support and offer cashless model as a responsible Mother Plant, to help the MSMEs sustain themselves in the long run.’’

The Odisha MSME Meet was attended by large number of delegates from the MSME sector, industry leaders, entrepreneurs, Govt. officials, policymakers and banking institutions.

Shri GS Dash, Chairman, OASME, Er. Satwik Swain, Secretary General, OASME, Shri Manabendra Misra, GM (FIDD), RBI, Shri P Nath, IAS, Director of Industries, Odisha and Dr. S.K.Sahoo, Director (I/C), MSME-DI ,were notably present.


Shri Anil Mukim, IAS, Secretary, Ministry of Mines, Government of India & Dr. Tapan Kumar Chand, CMD, NALCO, meeting with the Hon’ble Governor of Odisha Prof. Ganeshi Lal



Mining and Aluminium scenario in the country

Shri Anil Mukim, IAS, Secretary, Ministry of Mines, Government of India & Dr. Tapan Kumar Chand, CMD, NALCO, met the Hon’ble Governor of Odisha Prof. Ganeshi Lal and discussed about the Mining and Aluminium scenario in the country in general and Odisha in particular.


Bhubaneswar to host mega International Conference on Aluminium in January 2019

AAI to promote Bhubaneswar as the Aluminium capital of India

Bhubaneswar, 11.08.2018:
Mega International Conference on Aluminium in January 2019

Shri Anil Mukim, Union Secretary (Mines) & Dr. Tapan Kumar Chand, CMD NALCO- launching INCAL-2019 Website

Shri Anil Mukim, IAS, Secretary, Ministry of Mines, Govt. of India, launched the official website of International Conference on Aluminium (INCAL- 2019), in the presence of Dr. Tapan Kumar Chand, Chairman, Aluminium Association of India (AAI) & senior officials of AAI. The website was launched during the All India Partners Summit, held at Bhubaneswar on 9 th August 2018.

INCAL-2019 is going to be held from 31st January to 3rd February 2019. The conference is getting organized by the AAI, to bring the international Aluminium fraternity together on one platform in Bhubaneswar, where the current issues will be discussed and ideas will be exchanged on the growth and development of Aluminium. It will provide a platform to the delegates to brainstorm on latest developments. Alongside the conference, there will be a world class exhibition on the theme ‘Aluminium India’, being organized by Reed Exhibitions, Germany, in association with AAI. The aluminium giants of the country – NALCO, Vedanta and Hindalco have come together to make the global event a grand success.

Informing about INCAL -2019, Dr. Tapan Kumar Chand, Chairman, AAI said : “This event will provide a mega platform to exchange ideas on latest technological advances, Aluminium Roadmap 2030, upstream & downstream integration, discover new opportunities, extensive networking, B2B meetings and many more pertaining to Aluminium industry vis-à-vis the challenges and opportunities.” The conference is also being planned to focus on ‘Think Aluminium: Think Odisha’, to promote Odisha as a destination for aluminium industries and aluminium capital of the Country.

The Conference besides having a world class program with the theme “MAKING ALUMINIUM - DRIVING GROWTH AND DEVELOPMENT”, will deliberate on several key topics and issues of Aluminium industry with a special session on Downstream Prospects and Emerging Applications of Aluminium. This conference will be attended by top executives of global aluminium industries like ALCAN of Canada, ALCOA of USA, CHALIECO & CHINALCO of China, EMAL of Emirates, DUBAL of Dubai, Rio Tinto, London, RUSAL of Russia, Norsk Hydro of Norway etc and equipment suppliers like FL Smidth of Denmark, SMS of Germany, Danielle, ALMEX & Properzi of Italy, Carbone Savoie of France etc..


Secretary Mines reviews progress of ‘Swachh Iconic Place’ Project NALCO adds 5 more Electric Vehicles between Jagannath Temple and Jagannath Ballav Math under ‘Swachh Iconic Place’ Project

3-language music CD also launched to promote Lord Jagannath culture

Swachh Iconic Place
Puri, 10.08.18:

After receiving widespread appreciation from all quarters for launching the free Electric Vehicle (EV) service at different locations in Puri, NALCO today scaled up this project by adding five more vehicles for the benefit of differently-abled, sick person and Senior Citizens. Nalco has now decided to expand the service by including women and small children for such free service. On this occasion one 3-language music CD to promote the Lord Jagannath culture was also launched.

NALCO started five Electric vehicles last month on the eve of Rath Yatra and five more has been added today, taking the total vehicles plying between Jagannath Ballav Math and Jagannath temple, to 10 vehicles. Nalco has also placed two electric vehicles in Puri station for the benefit of tourist and pilgrims. This noble initiative by NALCO will help lakhs of pilgrims and tourists to commute smoothly between Jagannath Ballav Math and Jagannath Temple and also to board train in Puri station.

The free EV service, which will benefit Divyangs and Senior Citizens, was flagged off by Shri. Anil Mukim, IAS, Secretary, Ministry of Mines, Dr. Tapan Kumar Chand, CMD, NALCO and Shri Jyoti Prakash Das, District Magistrate and Collector, Puri. Among others, Shri B.K. Thakur, Director (HR) and senior officials of the company were also present on the occasion. This free public service will be maintained by NALCO for the next five years.

Dr. Tapan Kumar Chand, CMD, NALCO, said, ‘’We want Puri to be known across India and the world as one of the best places to visit, for pilgrims and for tourists. Under the ‘Swachh Iconic Place’ project, we are aiming at bringing about significant all-round development to provide required facilities to pilgrims and tourists visiting this Holy City of Lord Jagannath, an experience that can be cherished forever.’’

Apart from launching the free vehicle service, NALCO also lent support to musicians and artists to bring out a 3-language music CD, which will help promote the Lord Jagannath culture. The songs on Lord Jagannath have been sung by prominent singers in Odia, Hindi and Bengali.

As a responsible corporate citizen, NALCO is carrying out a number of activities, including, development and beautification of Gandhi Park, multi-storeyed car parking at sea beach, building 300 rooms Atithi Niwas at Malati Patpur, renovation of Niladri Vihar museum inside Jagannath Temple, providing access to drinking water at various spots in the city, development of heritage corridor, development of Parikrama in Gundicha Temple under Government of India’s ‘Swachh Iconic Place’ project, among other initiatives.


Shri Anil Mukim, Secretary Mines reviewed the auctioning of Mines in Odisha

auctioning of Mines in Odisha
Bhubaneswar, 10.08.2018:

Shri Anil Mukim, IAS, Secretary to the Govt. of India, Ministry of Mines had a review meeting with Shri R.K. Sharma, IAS, Addl. Chief Secretary, Ministry of Mines, Govt. of Odisha, Dr. Tapan Kumar Chand, CMD, NALCO, other officials of State Govt., Central PSUs, IBM, GSI and others. In the meeting issues relating to auctioning of mines, environment forest clearances, ease of doing business in mining sector etc. were discussed. In his address, Shri Mukim told that more Iron ore, Manganese, Chromite, Lime stone, Bauxite blocks etc. will be put on auction. Ministry of Mines is taking all steps to remove bottlenecks and provide ease of doing business in Mining sector.


NALCO organizes All India Partners Summit

Bhubaneswar, 10.08.2018:
All India Partners Summit

After registering outstanding Financial Results of the first quarter of FY 2018-19, National Aluminium Company Limited (NALCO), the Navratna CPSE under ministry of Mines, Govt of India, has taken yet another innovative step to rope in all business partners like top executives of Joint Venture companies, customers, suppliers and other business stakeholders in one platform: the All India Partners Summit held on 9 th August 2018 in Bhubaneswar. The programme was organized to felicitate the partners, customers and vendors from across the country for their continued support to the company in its business success.

Shri Anil, Mukim, IAS, Secretary, Ministry of Mines, Govt of India, who graced the occasion as the Chief Guest, appreciated NALCO’s initiative to reward and recognize its stakeholders. “Navratna company NALCO is constantly registering high performance during the last three years in terms of production, productivity, profitability and people engagement. Apart from the efforts of the management and employees, the role of the stakeholders is also very crucial in achieving an ever-growing track record of success. This All India Partners Summit would definitely encourage the stakeholders of the company who have been associated with NALCO for a long time,” said Shri Mukim.

In his address, Dr. Tapan Kumar Chand, CMD, NALCO, congratulated all the stakeholders of the company and attributed company’s success in the Q1 of FY 2018-19 to their support. “This All India Partners Summit and Award Ceremony for the stakeholders is a humble way to recognize our stakeholders,” said Dr. Chand.

During the function, 36 partners, customers and vendors of NALCO were felicitated with NALCO Sahbhagi Utkarsh Puraskar, NALCO Grahak Utkarsh Puraskar and NALCO Bikreta Utkarsh Purskar respectively. Among others, GACL, MCL, ECoR, NINL, MIDHANI,GRIDCO, IDCOL and partners from abroad were also felicitated. Shri Prafulla Mallick, Minister of Steel & Mines, Govt of Odisha handed over the NALCO Sahbhagi Utkarsh Puraskar to the top executives of partner companies and Shri Anil Mukim gave away the NALCO Grahak Utkarsh Puraskar.

On the occasion, the logo of NALCO ki Ladli programme was officially launched. The NALCO ki Ladli programme has been initiated by NALCO, in line with the ‘Beti Bachao, Beti Padhao’ scheme of Govt of India, with a view to support the talented girl students from BPL families to pursue their studies.

The latest edition of ‘Sanginee’, the quarterly magazine of NALCO Mahila Samiti was also released on the occasion by Smt. Archana Mukim and Smt. Preeti Roy, in the presence of the members of NALCO Mahila Samiti.

The programme started with an invocation Odissi dance performance. A special cultural programme ‘Anup Jalota Nite’ also marked the occasion wherein, Bhajan Samrat Anup Jalota made the audience spell-bound with his bhajans and ghazals. Shri Mahaprasad Kar and Ms. Nazia Alam also performed during the occasion. Shri Anup Jalota was highly appreciative of Nalco’s effort in cultural promotion of the state of Odisha.


Mines Secretary, Govt of India lays foundation stone of NALCO's Alloy Wire Rod unit

Project completion by end of 2019; Power Transmission sector to get benefitted

Bhubaneswar, 09/08/2018:
Mines Secretary

To address the increasing demand of aluminium in power sectors particularly in power transmission, Navratna CPSE and aluminium major National Aluminium Company Limited (NALCO), has unveiled its plan to set up an Alloy Wire Rod manufacturing facility at its existing Smelter Plant at Angul, Odisha. Shri Anil Mukim, IAS, Secretary (Mines), Government of India, formally laid the Foundation Stone (through video conferencing) for the proposed Alloy Wire Rod manufacturing facility at a function held today at the NALCO Corporate Office, Bhubaneswar in presence of Dr. Tapan Kumar Chand, CMD, NALCO.

The upcoming Alloy Wire Rod manufacturing facility to be set up at a cost of about Rs.131 crores and will have an installed capacity of 40000 TPY (Alloy Grade) /60000 TPY (EC Grade).

Congratulating NALCO collective for its stupendous performance of the company in the first quarter declared yesterday, Shri Mukim, said, NALCO has become the pride of India in non-ferrous sector and the cost focus of management has made NALCO recognised as the lowest cost producer of alumina in the world. He also added that, he is quite impressed with the result orientation and value creation by NALCO management.

It may be mentioned that the Navratna CPSE has clocked a PAT of Rs 687 cr in the first quarter, registering a growth of 167 % over Rs.257 cr in Q4 of previous year. As compared to the corresponding quarter of last year, the growth in net profit has jumped by a whopping 433 %, from Rs.129 cr to Rs.687 cr. Similarly, the company has recorded an increase of 10.74% and 8.85% in alumina and aluminium production respectively in the 1st quarter of FY 18-19. Speaking on the occasion Dr. Tapan Kumar Chand, CMD, NALCO said that the Per capita aluminium consumption in India is only 2.2kg against world average of 7 kg and 20 kg in China. Our country as fastest growing economy in the world is set to witness a quantum jump in aluminium consumption in next 2 to 3 years.

“Besides, various initiatives of Government of India like Smart cities, bullet trains, power to every household, energy efficient automobile, aluminium wagons etc would further give boost to consumption of aluminium in the country from existing level of 3.2 million tons per annum to 8 million tons per annum”, said Dr. Chand. Prior to the Foundation Stone Laying Ceremony, Shri Mukim, also interacted senior officials of the Company.


Operating Profit of NALCO increases more than two fold, Posts Rs.889cr in Q1 FY 18-19 compared to Rs.362 cr in Q4 FY 17-18

PRODUCTION HIGHLIGHTS OF Q1 FY 18-19

Alumina Production up 10.74%

Aluminium Production up 8.85%

Power Generation up 5.14%

Bhubaneswar, 08.08.2018:

National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, Govt. of India, has once again repeated its stupendous performance by registering PAT of Rs 687 cr in the first quarter that ended in June of 2018-19, registering a growth of 167 % over Rs.257 cr in Q4 of previous year. As compared to the corresponding quarter of last year, the growth in net profit has jumped by a whopping 433 %, from Rs.129 cr to Rs.687 cr.

Operating Profit of NALCO increased more than two-fold, registering Rs 889 cr in 2018- 19 compared to Rs 362 cr in Q4 of FY 2017-18. EBIDTA margin of the Company has increased from 18 % to 36 %, despite increase in input cost by 15 to 20 % during Q1 as compared to the previous quarter.

Dr. Tapan Kumar Chand, CMD, NALCO, attributed the success to team work, strong cost focus and strategic planning.

It may be mentioned that the net profit figure of Rs 687 cr in the first quarter of 2018-19 surpassed the whole net profit of Rs 642 cr in 2013-14. This significant growth in profit has mainly come from the Alumina revenue segment, Damanjodi, which has achieved the distinction of being the lowest cost producer of Alumina in the world. Apart from the cost focus, it is the pre and post sales service of NALCO, coupled with its quality which has helped the Company in commanding a high premium in international market. NALCO’s Alumina product has strong brand image and sells at more than 10 % over the average CRU index.

NALCO has achieved remarkable growth in production in all fronts. During the quarter, bauxite production was 18.59 lakh tonnes, as against the 18.81 tonnes produced during corresponding period of previous year. Alumina hydrate production was 5.83 lakh tonnes, which is 10.74% higher as compared to 5.26 lakh tonnes produced during the corresponding period of last fiscal. During the quarter, the company produced 1.10 lakh tonnes of aluminium, which is 8.85% higher than 1.01 lakh tonnes produced in the 1st quarter of previous financial year. The net power generated during the quarter was 1682 million units. This has gone up by 5.14%, against 1599 million units generated in the corresponding period of last year. Besides, in the field of renewable energy, the company has generated 104 million units of wind power during these three months.

The total alumina sale during the quarter was 3.20 lakh tonnes and aluminium sale was 1.05 lakh tonnes.


Gajapati Maharaja Puri Visits NALCO : Praises Navaratna NALCO for its Global Excellence

Bhubaneswar, 06.08.2018:
Gajapati Maharaja Puri Visits NALCO

Gajapati Maharaja Shri Shri Dibya Singh Deb made his maiden visit to NALCO Corporate Office at Bhubaneswar on 06 th Aug 2018 and met CMD, Directors and senior officials of NALCO. While addressing the senior officials, he congratulated CMD Dr. Tapan Kumar Chand and NALCO Collective for their excellent achievements in the international market and for making Odisha proud.

While appreciating the initiatives of NALCO, Jagannath Temple Administration and District Authorities of Puri in developing Puri as a Swachh Iconic Place, he stressed on taking up some major initiatives like development of corridor around the Temple, development and beautification of Gundicha Temple, Bada Danda, Jagannath Ballav Math area and Athar Nala with the vision of propelling Puri into the world map of tourism and pilgrimage.

Dr. Tapan Kumar Chand, CMD, NALCO, welcomed Gajapati Maharaja with a sapling. It may be mentioned here that NALCO has initiated a novel way of welcoming dignitaries with saplings, instead of flower bouquets.


National CA Conference NALCO CMD bats for MSMEs: Chartered Accountants to support MSMEs in tax compliances

Bhubaneswar, 03.08.2018:
National CA Conference NALCO CMD bats for MSMEs

“India is all set to emerge as the third largest economy of the world with a quantum jump in its GDP by 2030. The role of the Chartered Accountants in this context is very crucial,” said Dr. Tapan Kumar Chand, CMD of Navratna NALCO. He was addressing the gathering of Chartered Accountants from across the country during the National CA Conference, organized by Professional Development Committee, ICAI in Bhubaneswar, on 3 rd August 2018. Dr. Chand cited Chartered Accountants are the architects of country’s financial system. “More competent this professional community becomes, stronger will be our financial system,” he added.

Dr Chand informed that, India is first emerging as the youngest Nation in the world with more than 65% of its population in the working group. If the demographic dividend is properly cultivated, then GDP growth in India will become double digit. Key to such quantum progress is generation of large scale employment & this employment in this phase of growth of the Country will come in MSME sector. “As a responsible mother industry, NALCO has taken steps to set up Aluminium Park at Angul. It will work on cashless model, in which NALCO will provide raw material and purchase finished products from the MSMEs making them viable in the long term.

The programme was inaugurated by Prof. Ganeshi Lal, Hon’ble Governor of Odisha. In his address, the Hon’ble Governor appreciated the Chartered Accountants of the country. He encouraged the professional body to work diligently towards the development of India, by ensuring a strong financial eco-system.

Among others, CA. Naveen N.D. Gupta, President, ICAI, CA. Sonu Jain, Chairperson, EIRC of ICAI, CA. Aswini Kumar Kar, Chairman, Conference Organizing Committee, CA. Chiranjeebi Jena, Chairman, Bhubaneswar Branch, EIRC of ICAI and CA. Siddharth Ranjan, Secretary, Bhubaneswar Branch, EIRC of ICAI also spoke on the occasion.


NALCO receives Dun & Bradstreet Award for Excellence in Exports

Bhubaneswar, 27.07.2018:
Dun & Bradstreet Award for Excellence in Exports

NALCO’s highest ever Export earnings since inception has added yet another feather in the illustrious cap of the Navratna CPSE under Ministry of Mines, Govt. of India. As recognition of its exceptional results in the export front, NALCO received the prestigious Dun & Bradstreet Award for Excellence in Export Performance.

Congratulating NALCO Collective on this achievement, Dr. T.K. Chand, CMD, NALCO said, “NALCO is among the highest Net Foreign Exchange Earning CPSEs in India. With this accolade, ‘Brand Odisha’ gets promoted as the products of Odisha-based Navratna NALCO move across the globe. As such, NALCO products commands premium in international market and are high in demand.” It may be noted that under the leadership of Dr. Chand, NALCO’s Export earnings grew from USD 500 Million in 2016-17 to an impressive USD 600 Million in 2017-18.

On behalf of the Company, Regional Manager, Northern Region, NALCO, received the Award, from Shri Bibek Debroy, Chairman, Economic Advisory Council to the Prime Minister and Member, NITI Aayog at a glittering function in New Delhi.


NATIONAL CONCLAVE ON MINES & MINERALS

Book ‘Aluminium : The Future Metal’ & ‘NAMASYA’ Mobile App for MSMEs of NALCO launched by Union Mines Minister

Bhubaneswar, 13.07.2018:
Namasya
Aluminium The Future Metal

A book titled ‘Aluminium:The Future Metal’, authored by Dr. Tapan Kumar Chand, CMD, NALCO, was released by Shri Narendra Singh Tomar, Hon’ble Minister of Mines, Govt. of India. The book, focussing on the entire value chain of aluminium industry is the second book authored by Dr. Chand. Earlier, he had authored the book, ‘Aluminium : The Strategic Metal’, which was highly acclaimed by the industry leaders and policy makers. The newly released book ‘Aluminium : The Future Metal’ gives a comprehensive overview of the strategic metal and its futuristic role in the growth of industry and economy of the country. The book was released in the presence of Shri Shivraj Singh Chouhan, Hon’ble Chief Minister of Madhya Pradesh, Shri Haribhai Parthibhai Chaudhary, Hon’ble Minister of State for Mines, Govt. of India, Shri Prafulla Mallick, Hon’ble Minister of Mines, Govt. of Odisha and Mines Ministers of various States, during the 4th National Conclave on Mines & Minerals, held at Indore, Madhya Pradesh, today. Among others, Shri Amitabh Kant, CEO, NITI Aayog, Shri Anil Gopishankar Mukim, Union Mines Secretary, Dr. Aruna Sharma, Union Steel Secretary, Dr. Tapan Kumar Chand, CMD, NALCO and the CEOs of Public and Private Sectors in Mining and Manufacturing industries of the country were notably present.

Also, as a responsible Mother Plant, NALCO, the Navratna CPSE under Ministry of Mines, Govt. of India, launched ‘NAMASYA’ - a mobile App for the Micro & Small Enterprises, on the occasion. The ‘NAMASYA’ (NALCO Micro & Small enterprise Yogayog Application) mobile App is specially designed by NALCO to provide a platform and support to the Micro & Small Scale industries to carry out their businesses. While launching the App, the Union Minister of Mines, Shri Narendra Singh Tomar appreciated NALCO’s initiatives as a mother industry to promote the MSMEs.

Informing about the APP, Dr. Tapan Kumar Chand, CMD, NALCO said : “NALCO has always believed in inclusive growth and sustainable development. As part of its efforts to promote and encourage the Micro and Small industries, besides other premiums, we have come up with this innovative App, that can provide these industries and entrepreneurs an edge in the future. NALCO has always come forward to support this sector that has enormous employment opportunities for the youth of the country.”

NALCO, as a major participant in the event, has also put up a pavilion to showcase its activities and achievements in the mining sector. The pavilion was inaugurated by Shri Narendra Singh Tomar, Hon’ble Minister of Mines, Govt. of India and Shri Shivraj Singh Chouhan, Hon’ble Chief Minister of Madhya Pradesh, in the presence of Dr. Tapan Kumar Chand, CMD, NALCO. Shri V. Balasubramanyam, Director (Production) and other senior officials of NALCO were present on the occasion.


Rotarians Must Work With Mission and Passion To Bring About Positive and Sustainable Development in the Community: Dr.T.K Chand

Bhubaneswar, 09.07.18:
Rotarians Must Work

Appreciating the work of the Rotary Clubs of Puri, Dr. Tapan Kumar Chand, CMD, NALCO, called upon the Rotarians to work with “Mission & Passion” to bring about a positive and visible change in the community. He said, “There is abundant scope for the improvement of Puri Sea Beach, particularly in its cleanliness and beautification, so that the beach can be counted amongst the best beaches in the world .The four Rotary Clubs of Puri can come together to work towards this goal, so that the visibility of Rotary is evident in this iconic shrine city.’’

Addressing the Installation Ceremony of the Rotary Club of Srikshetra, Puri, Dr. Chand, said, “Rotary Clubs need to join hands with the Government and corporate sector to take up sustainable projects for the improvement of this historic city of tourism and pilgrimage”. He further added that ,” Rotarians must imbibe in letter and spirit the motto of Rotary – Service Above Self”.

Congratulating the new President of the Club, Ajit Kumar Mohapatra, Dr. Chand said that “Mission and Passion brings Success”. Dr. Chand also appreciated the good work being done by the Rotarians of Puri in the areas of literacy, health and sanitation. Smt. Preeti Roy Chand, the Guest of Honour, inducted the new members of the club and inaugurated the Souvenir. The outgoing President Judhisthir Lenka highlighted about the service projects carried out by the Rotary Club during last year.
Sustainable Development in the Community


Electric Vehicle Service between Jagannath Temple and Jagannath Ballav Math under ‘Swachh Iconic Place’ Project

Bhubaneswar, 08.07.18:
Electric Vehicle Service

As a responsible corporate citizen and in keeping with the spirit of Rath Yatra Festival, NALCO today launched free eco-friendly Electric Vehicle (EV) service, between Jagannath Temple and Jagannath Ballav Math at Puri.

The initiative is yet another step by Navratna Company NALCO to develop Puri under the ‘Swachh Iconic Place’ project. Earlier this year, NALCO had started battery-operated vehicle service in Puri, Bhubaneswar and Cuttack Railways stations.

The free EV service, which will benefit Divyang and Senior Citizens, was flagged off by Dr. Tapan Kumar Chand, CMD, NALCO in the presence of Shri Udhav Charan Majhi, Project Director, DRDA. Shri Srikant Tarai, Executive Officer, Puri Municipality and Shri B.K.Thakur, Director (HR), NALCO were also notably present. This free public service will be maintained by NALCO for the next five years.

Dr. Tapan Kumar Chand, CMD, NALCO, said, ‘’We would like Puri to be known across the country and world as one of the cleanest religious and tourist destinations. A number of steps have been taken to develop Puri under the Government’s Swachh Iconic Place project. We are committed to bring in significant all-round development across Puri.’’

This noble initiative by NALCO will ensure lakhs of pilgrims and tourists to commute between Jagannath Ballav Math and Jagannath Temple smoothly.

It may be noted that NALCO has received widespread appreciation, especially among the elderly citizens and specially-abled persons, for operating the environment-friendly EV service in various strategic locations in Odisha.

NALCO is carrying out a number of activities, including, development and beautification of Gandhi Park, multi-storeyed car parking at sea beach, building 300 rooms Atithi Niwas at Malati Patpur, renovation of Niladri Vihar museum inside Jagannath Temple, providing access to drinking water at various spots in the city, development of heritage corridor, among other initiatives, under Government of India’s ‘Swachh Iconic Shrine’ project.


Dr. T.K Chand receives Knowledge Excellence Award from Secretary, Mines, Govt. of India for Outstanding Contribution in Aluminium Knowledge domain

Bhubaneswar, 06.07.18:
CMD Outstanding Contribution

Dr. Tapan Kumar Chand, CMD, NALCO, called upon industry leaders, policy makers and stakeholders in the Aluminium value chain to scale up production of the ‘wonder metal’ to meet the rising demand as consumption of Aluminium is poised to reach 10 million tons in the next decade.

Addressing the 22nd International Conference on Non-Ferrous Minerals and Metals 2018 at Ranchi, Dr. Tapan Kumar Chand, CMD, NALCO, said, ‘’We need to start thinking ahead and take steps to protect the interests of the Aluminium sector. The consumption of Aluminium will reach 10 million tons in the next 10 years. The country needs to scale up production of Aluminium to meet the demand.’’

The Conference was inaugurated by Secretary, Ministry of Mines, Shri Anil Gopishankar Mukim and was attended by an impressive gathering of industry leaders and policy makers, including from major Non Ferrous producers like NALCO, Aditya Birla, Vedanta and HCL. Shri Anil Gopishankar Mukim spoke about the proactive role of Govt. in making minerals available to producers & easing auction of mining blocks.

Dr. Chand received Knowledge Excellence Award from Secretary, Mines, Govt. of India for Outstanding Contribution in Aluminium Knowledge domain.

Dr. Chand also cautioned, ‘’Unless we are prepared to scale our production to reach the rising demand, our country will have to import about 50 % of the requirement, which will drain our economy through rising import bills.’’ Dr. Chand also focused on the role of non-ferrous metals in economy and briefed the gathering about the future prospect of Aluminium in India. He appealed to the Government to explore more mineable reserves of bauxite as the current rate is barely 17% of the deposit.

A special NALCO booklet on Sustainable Mining titled ‘Mine with Mind’ was released at the International Conference at Ranchi, which was organized by Corporate Monitor.


Smart classrooms for city based Sivananda High School inaugurated by Gajapati Maharaj Divya Singh Dev, Puri

Technology coupled with value based modern education will boost creativity among students: CMD NALCO

Bhubaneswar, 30/06/2018:
Smart classrooms for city

Gajapati Maharaj Divya Singh Dev and Dr. Tapan Kumar Chand, CMD, inaugurating the smart classrooms project by NALCO at Sivananda Centenary Boys High School on the occasion of its 35th Annul Day celebration at Bhubaneswar, today.


Gajapati Maharaj Divya Singh Dev and Dr. Tapan Kumar Chand, Chairman-cum-Managing Director of National Aluminium Company Limited (NALCO), inaugurated the Smart Classrooms project at Sivananda Centenary Boys High School, today at Bhubaneswar on the occasion of the 35th Annual Day of the school. Swami Sivachidananda Saraswati, Secretary of School Managing Committee, Swami Jagannathananda Saraswati, Joint Secretary of School Managing Committee, Shri Basant Kumar Thakur, Director (HR), NALCO were notably present at event. Gajapati Maharaj Divya Singh Dev appreciated the association of NALCO in providing the innovative solutions through smart classrooms for imparting quality education among the students. It may be mentioned that NALCO under its CSR initiatives is implementing different programmes for access to quality education.

Addressing the students and teachers on the occasion, Dr Chand spoke about the importance of imparting integrated value based education system for developing the moral character and personality of an individual. Dr Chand also reiterated the commitment of the leading CPSE of the Country - NALCO, in associating itself for development of various social, cultural and welfare activities. On this occasion, Dr Chand also felicitated the class X toppers of the school.


NALCO to offer cashless model to help MSMEs: Dr.Chand

Bhubaneswar, 28.06.18:
NALCO to offer cashless model

Pitching for creating a conducive environment that enables creativity and innovation in the skill development landscape, NALCO CMD Dr. Tapan Kumar Chand, said, ‘’Contemporary time is not the age of Capital, it is the age of Ideas.’’

Speaking at the International Seminar on ‘Skilling India : Need for Redefining Commerce Education in India’ organized by Utkal University, which was attended by large number of delegates from different parts of the country, including from abroad, Dr Chand said the consumption of Steel and Aluminium are expected to grow three-fold by 2030 and skilled manpower will be highly valued. To drive across his point, Dr, Chand said, ‘’The pattern of employment is undergoing a drastic change. The skill sets need to be realigned to meet the demands of the industries and cutting edge technology will provide the competitive edge.’’

Stressing on the importance of generating employment, Dr. Chand said, ‘’As Aluminium sector is expected to grow substantially, NALCO is geared up for the next wave of expansion. More than 11000 people will be recruited by NALCO in the near future and we will shortlist the candidates from UPSC screened list. We will not take written test for these candidates since they have already been screened by UPSC.’’ Appraising the gathering about NALCO’s roadmap, Dr. Chand added, ‘’Out of Rs 28000 crores that is planned to be pumped in for expansion, NALCO has already committed around Rs 8000 crores for expansion of various mega projects which will help generate employment.’’

Dr. Chand praised the contribution of the Micro, Small and Medium Enterprises (MSMEs) for their role in creating employment opportunities for nearly 15 lakh people in Odisha, but opined the MSMEs were limited by their ability to leverage purchasing power parity and lack of brand recognition. To address these issues, Dr. Chand said, ‘’As a responsible Mother Plant in Odisha, we are ready to offer cashless model to help the MSME players and lend NALCO’s credible brand name for their sustainability. All of us must come together to foster entrepreneurship of small and medium enterprises. There is huge scope as India is poised to be the 3 rd largest economy, leading to huge increase in the GDP.’’

Dr. K.C. Panigrahi, CGM, NABARD, Prof. R.S. Pradhan, Tribhuvan University, Nepal, Prof. S.M. Patnaik, VC, Utkal University were notably present.


Minister of Mines releases Hindi Musical Video on Swachh Bharat by NALCO

Bhubaneswar, 19.06.2018:
Hindi Musical Video on Swachh Bharat

Shri Narendra Singh Tomar, Hon’ble Minister of Rural Development, Panchayati Raj and Mines, Govt of India today released a musical video on Swachh Bharat in Hindi, made by National Aluminium Company Limited (NALCO) at Indore. The video titled ‘Swachh Bharat ke Liye ek Ahwan’ was released during the meeting of Hindi Advisory Committee, Ministry of Mines, Govt of India. Among others, Dr. Tapan Kumar Chand, CMD, NALCO and the senior officials of the Ministry were present on the occasion.

Appreciating the initiative of Navratna NALCO towards promoting the Swachh Bharat Abhiyan, Shri Tomar said : “It is very heartening that NALCO has come forward to be an active partner in ‘Swachh Bharat Abhiyan’ in both letter and spirit. The production of this music video is a testimony of mission mode of Nalco in promoting cleanliness & success of this campaign.” It may be mentioned that NALCO has prepared the bilingual music video on Swachh Bharat in Hindi and Odia. Speaking on the occasion, Dr. Chand said : “NALCO is always committed towards contributing to the national interest. This video was prepared as NALCO’s bit to promote the nation-wide cleanliness and hygiene drive, which we hope, would inspire others to emulate.”

The Minister also lauded NALCO’s efforts towards promoting the usage of Hindi as an Official Language.


NALCO bags Kalinga CSR Award-2017

Bhubaneswar, 09.06.2018 :
NALCO bags Kalinga CSR Award-2017

Navratna CPSE National Aluminium Company Limited has bagged the Kalinga CSR Award-2017. The company was conferred this award in recognition to its Best CSR Activities for Sustainable Development. The award was given away during the third National Seminar on “Corporate Social Responsibility Initiatives- 2018 (Evaluating Sustainable Development)” held here on 9 th June 2018.

The award was given by Shri Prafulla Samal, Hon’ble Minister, Dept. of MSME, SSEPD and Women & Child Development, Govt of Odisha, in the presence of Dr. Tapan Kumar Chand, CMD, NALCO. On behalf of NALCO, Shri S.K. Behera, AGM(Administration & CSR) and Shri C.R. Bisoi, Sr. Manager (CSR), received the award. The seminar was organized by Institute of Quality & Environment Management Services, Institute of Public Enterprise, Hyderabad and HR Solution.

On this achievement, CMD Dr. Chand congratulated the NALCO Collective and the CSR arm NALCO Foundation for their dedicated effort to make NALCO’s CSR effective.


CSR is a huge opportunity for Corporates to cultivate Social Goodwill, says Dr. Chand, NALCO CMD

Bhubaneswar, 09.06.2018:
cultivate social goodwill

“Corporate Social Responsibility is the comprehensive responsibility of corporates towards society and it goes beyond statutory provisions and mandatory regulations. Corporates should be conscious of such responsibility as they are the trustee of the society,” said Dr. Tapan Kumar Chand, CMD, NALCO. Dr. Chand said this while inaugurating the third National Seminar on “Corporate Social Responsibility Initiatives-2018 (Evaluating Sustainable Development)” here today. The seminar was organized by Institute of Quality & Environment Management Services, Institute of Public Enterprise, Hyderabad and HR Solution.

Addressing the gathering, Dr. Chand asked the corporate houses to make CSR an integral part of their business operations. “CSR should be an attitude and a part of the work culture of companies, which must be inculcated among its employees.,” said Dr. Chand. Citing NALCO as a socially responsible corporate citizen, Dr. Chand said that the Navratna CPSE does many developmental and welfare activities of the society beyond statutory stipulations, treating CSR as a comprehensive responsibility towards society. “The company is now moving from CSR to ESR – Employee Social Responsibility, wherein, human resource of the company shall be contributing to the betterment of the society severally and collectively. NALCO has recently adopted a mantra - ‘Waste to Wealth, Wealth to Welfare’ under which, a part of the revenue generated from waste management will go towards the welfare on flagship CSR programs like Indradhanush (residential education programme for tribal children of Koraput), Mobile Health Units in Angul and Damanjodi, SwachhVidyalayaAbhiyan, NALCO kiLadli to educate and empower girl children and providing Electric Vehicles in railway stations for old, Divyangs and sick passengers”. These projects are based on needs and expectations of the community being suitably addressed by NALCO.

Shri PrafullaSamal, Hon’ble Minister, Dept. of MSME, SSEPD and Women & Child Development, Govt of Odisha graced the occasion as the Chief Guest. Dr. S.K. Panda, IAS (Retd.), Former Secretary, Ministry of Textile, Govt of India, Former Chief Secretary, Govt. of Tripura, Chairperson, Tripura Skill Development Mission, Govt of Tripura addressed the gathering as the Keynote Speakers. Among others, Shri Vinod Kumar, IFS (Retd.) and Dr. A.K. Padhiary, Chairman, Kalinga CSR Award Committee spoke on the occasion.


Aluminium Consumption in India to triple by 2030:Dr.Chand in Mumbai Road Show

Bhubaneswar/Mumbai, 07.06.18:
Aluminium Consumption in India to triple by 2030

Aiming to increase its foothold in the Aluminium industry, NALCO, organized a Meet of customers and vendors in the Western region in Mumbai.

Addressing the large gathering in the financial capital, Dr. Tapan Kumar Chand, CMD, NALCO, said, ‘’Consumption of Aluminium in India will see a quantum jump by 2030 and the country has to enhance its production to meet the demand. ‘’ The Meet with customers and vendors of western region is one among a series of meets planned across the country.

Dr. Chand thanked the loyal base of customers and vendors for standing by NALCO through thick and thin and said that India will have more than double of the existing Aluminium consumption per person per year by 2030. ‘’Loyalty of NALCO’s Customers and suppliers is one of the drivers of our success,’’ said Dr. Chand. It may be noted NALCO has registered one of its strongest performances in 2017-18, clocking more than 100% growth i.e., Rs. 1342.19 crore against Rs. 669 crore in previous year.

Appraising the gathering about NALCO’s roadmap, Dr. Chand added, ‘’NALCO shall be adopting the latest technology for its upcoming Smelter plant which will result in more than two fold increase in productivity. Our new business model and upcoming projects like expansion of Alumina Refinery at Damanjodi, brownfield expansion of Smelter, caustic soda plant at Gujarat etc, will help the Company’s growth momentum.’’

Dr. Chand also provided an overview about the global Aluminium sector and stressed that the internals of NALCO are strong enough to withstand fluctuations in the business environment. Dr. Chand said that the smart cities coming up in the country will be green cities and Aluminium will be in high demand in future. Also, concepts like high speed trains will use large amount of Aluminium.

Dr. T.K.Chand was also felicitated by the customers and vendors during the Meet. Amongst others, Shri. P.K.Mishra, Director (Commercial) addressed the Meet while Shri.S. Samantray, ED (Marketing) welcomed the delegates.


ESI awareness programme for contract workers

Recognizing the rights & contributions of contract workers, paves way for inclusive growth: Dr Chand, CMD, NALCO

Bhubaneswar: 03.06.2018:
ESI awareness programme for contract workers

Odisha State ESI Insured Association and Nalco Employees Forum, jointly organized an awareness programme for the contract workers to make aware the various provisions under Employees' State Insurance (ESI). The programme was organized at the Nalco Mahanadi Nivas Auditorium, here at Bhubaneswar, today.

Gracing the inaugural ceremony as the chief guest, Dr. Tapan Kumar Chand, CMD, NALCO, released an awareness booklet in the presence of Shri Priyadarshi Mishra, Hon’ble MLA, Bhubaneswar (North), Shri R.N. Mallick, Dy. Director (Benefits), ESI central, Shri Kishore Chandra Jena, General Secretary, INTUC, Shri Madan Mohan Dhal, Vice President, INTUC & Executive Body Member, State ESI Board and Shri Mahendra Parida, National Secretary, AICCTU.

Speaking on the occasion, Dr. Chand, lauded the ESI Act – the flagship social security scheme, being implemented by central & state governments for the benefit of contract workers. Terming the social security schemes as support systems from ‘Womb to Tomb’ Dr Chand said, that these social security schemes are necessary for the working class in both organized & unorganized sectors, but the setback is due to the lack of effective implementation and lack of awareness among the working class.

Appreciating the contribution of contract workers in the success of NALCO, Dr Chand said “We at NALCO strongly believe that recognizing the rights & contributions of contract workers plays vital role in organizational success and paves way for inclusive growth”. Going a step further, we now focus on four ‘P’s – Prerana (Motivation), Protsahan (Encouragement), Puraskar (Remuneration) and Prashikshan (Skill Development), for our contract workers, added Dr Chand.

At the outset, Shri P.K. Das, General Secretary, Nalco Employees Forum, delivered the welcome address, while Shri P.K. Kar, General Secretary, Odisha State ESI Insured Persons Association, shared the past and future activities of the association. The seminar also witnessed technical session by HR officials of NALCO, Doctors from ESI hospital and ESI authorities. The seminar was attended by contract workers from all across the State, representatives of various trade unions & associations including members of NALCO Employees Forum & Odisha State ESI Insured Association.


NALCO CMD flags off Mini-Marathon to ‘Beat Plastic Pollution’ on the eve of World Environment Day 2018

Bhubaneswar, 03/06/18:
Beat Plastic Pollution

Under the aegis of Ministry of Environment, Forest and Climate Change, Govt. of India, Dr. Tapan Kumar Chand, CMD, NALCO, flagged off the 3km Mini-Marathon from IDCO Exhibition Ground to Kalinga Stadium, on the eve of World Environment Day 2018, which focuses on the theme – ‘Beat Plastic Pollution’.

Thousands of citizens, including school students, senior citizens, residents of Bhubaneswar, employees of PSUs comprising NALCO, Indian Oil, MCL, NTPC, Power Grid Corporation of India, pledged to beat the menace of plastic pollution and participated in this noble initiative.

The World Environment Day is observed on 5 th of June every year.


Mining sector can help society prosper - CMD NALCO

Bhubaneswar, 01/06/18:
Mining sector can help society prosper

Sustainable Mining can bring prosperity to Odisha and India, as in Australia and Canada, because it has the potential to provide employment and can play a huge role in alleviating poverty, said Dr. Tapan Kumar Chand, CMD, NALCO, at the Sustainable Mining Summit held here today, organised under the aegis of Federation of Indian Mineral industries (FIMI).

Corporate stalwarts, policy-makers, leaders of the mining industry gathered in large numbers to deliberate and strategize on the way forward to ensure an environment which promotes and encourages sustainable mining.

Speaking at the Summit, Dr. Tapan Kumar Chand, CMD, NALCO, said, ‘’The perception of people towards mining can change if mining industry becomes a major employer, increase purchasing power and promote green mining. For this, awareness campaigns also needs to be carried out as mining can transform lives and communities.’’

Dr. Chand added, ‘’The contribution of mining to the GDP is around 2.4 percent, which is set to increase to 5 percent in the next 10 years. This will create more opportunities for the sector and will play a crucial role in development and progress of the society.’’

Mr. Sanjeev Chopra, Principal Secretary, Industries Department, Govt. of Odisha, R.L. Mohanty, Senior Vice President, FIMI, R.K.Sharma, Secretary General, FIMI, Sanjay Pattnaik, MD, Tata Sponge and President of FIMI, were also notably present among other dignitaries.


Global Benchmarking helps NALCO double its Net Profit Registers Rs.1342 crore in 2017-18 against Rs.669 crore last year

Bhubaneswar, 27/05/2018:
NALCO double its Net Profit

On achieving the global benchmark of low cost producer in Bauxite Mining and Alumina making, National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, Government of India, has proved its mettle by registering high in terms of both physical and financial performances.

According to the audited financial results for 2017-18, taken on record by the Board of Directors in a meeting held here on 26 th May 2018, during the FY 2017-18, NALCO has registered more than 100% growth i.e., Rs. 1342.19 crore against Rs. 669 crore in previous year. In 4 th quarter the Company has earned a net profit of Rs. 257.06 crore. During the year, NALCO was the third highest net Foreign Exchange Earning CPSE in the Country. The Net sales turnover for the year is Rs. 9,377 crore (highest ever since inception) registering a growth of 26 % over last year. Export earning of Rs. 4,076 crore also highest ever since inception registering a growth of 12 % over last year.

Speaking on this achievement of the company, Dr. Tapan Kumar Chand, CMD, NALCO, said, “Year 2017-18 has been a very rewarding year for NALCO on all fronts. We are looking beyond earning just profits. We have improved on all parameters – record production, highest sales and turnover. While focusing on the present, we are ensuring we don’t lose sight of what the future holds. We are introducing a Game Changing Business Model that will bring additional Rs.935 crore net profit to the Company. The model provides for focusing operation of Utkal-D, end of 2 nd Qtr 2019, commissioning of 1 million tonne of Alumina Refinery, setting up of Wire Rod Mill 3, bringing into stream Caustic Soda Plant, CT Pitch Plant, etc.

Dr. Chand pitched for support to Mother Plant like NALCO for achieving global competitiveness and Mother Plant in turn to promote employment and employability eco system. He cited Angul Aluminium Park as a concrete step for setting up employment ecosystem. He also informed that NALCO is making tie up with ALMEX of USA to set up high end value products. NALCO will also be promoting micro & small industries in downstream through a cash less model of providing aluminium ingot and taking back finished products for marketing by NALCO. Such hand holding by NALCO is bound to make these micro & small industries viable and thereby creating substantial number of employment and warming up business environment in Odisha.

While congratulating NALCO Collective for the stellar performance, Dr. Chand also informed about the new projects in pipeline and the company’s growth plans.

Highlights

Production:

  • NALCO has been rated as the lowest cost producer of alumina in the World consecutively for the 2 years i.e. 2016 & 2017 as per report of Wood Mackenzie.
  • Panchpatmali Bauxite mines of NALCO rated as the 2nd lowest cost producer in the World in 2017 as per report of Wood Mackenzie; aiming to become the lowest in FY 2018-19.
  • Bauxite Mines (North-Central block of Panchpatmali Mines) achieved 100% capacity utilization with transportation (production) of 68.25 lakh MT for second successive year.
    Bauxite transportation (production) from new mine i.e. South block of Panchpatmali Mines started in 4 th quarter of FY 2017-18. Transportation from South block is 2 lakh MT and combined transportation of both the Mines is 70.25 lakh MT, highest ever since inception.
  • Alumina Refinery achieved 100% normative capacity (i.e. 21 lakh MT) in successive years with production of 21.06 Lakh MT Alumina Hydrate. 5 th Turbo Generator of Steam Generation Plant commissioned.
  • Aluminium Smelter production consistently increasing over the last 5 years and achieved highest cast metal production of 4.26 lakh MT (in last 5 years), registering a growth of 9.8 % over last year.
  • CPP achieved ‘Net Power Generation’ of 6,547 MU, registering a growth of 7.9 % over previous year.
  • Wind Power: 4 wind power units at different location of the Country generated 252 MU against 206 MU last year, registering a growth of 22 %.
  • Five Star Rating for Panchpatmali Bauxite Mines by Ministry of Mines for 2 nd consecutive year.
  • SCOPE Award of Excellence in Institutional category (Navratna/ Maharatna) & SCOPE Meritorious Award for CSR from Hon’ble President of India.
  • National Energy Conservation Award in Aluminium Sector for the year 2017 from Bureau of Energy Efficiency (BEE).

Financial:

  • In FY 2017-18, NALCO achieved highest net profit in last 10 years of Rs. 1342crore against Rs. 669 crore in previous year.
  • Third highest Net Foreign Exchange Earning CPSE in the Country.
  • The Net sales turnover for the year is Rs. 9,377 crore (highest ever since inception) registering a growth of 26 % over last year. Export earning of Rs. 4,076 crore also highest ever since inception registering a growth of 12 % over last year.
  • For 2017-18 an interim dividend of 94% amounting to Rs. 908 crore paid, out of which Rs. 547 crore paid to Govt. of India. This is the highest ever dividend declared by the Company.
  • Contribution to Public exchequers: Till FY 2016-17, Rs. 27,468 crore towards taxes, duties, royalties, dividend etc. out of which Rs. 21,552 crore paid to Central Govt. and Rs. 5,916 crore paid to State Govt.
  • CAPEX: Continuous increase in CAPEX expenditure in last 3 years. In FY 2017-18 there is 23.5% increase in CAPEX over last year.

Growth Plan :

Projects under Execution :

  • 1 MTPA capacity 5th Stream Alumina Refinery brownfield project at existing Alumina Refinery at Damanjodi Estimated project cost: Rs. 5,540 cr, Expected Completion: April, 2021
  • Development of Pottangi bauxite mines at Koraput, Odisha. Project cost included in 5 th stream Refinery, Expected Completion: April,2022
  • Development of Utkal D&E coal mines at Angul, Odisha. Estimated project cost: Rs. 534 cr, Expected Completion: Utkal-D: FY 2019-20, Utkal-E: FY 2022-23
  • Upstream Integration: 2.7 Lakh TPA Caustic soda plant in JV with Gujarat Alkalies& Chemicals Limited (GACL) at Dahej, Gujarat. Estimated project cost: Rs. 1,999 cr, Expected Completion: 2020
  • Downstream Integration: Angul Aluminium Park in JV with IDCO at Angul, Odisha to promote downstream & ancillary industries. Estimated project cost: Rs. 100 cr, Expected Starting: FY 2019-20
  • 60,000 MTPA capacity Alloy wire rod plant at its Smelter in Angul to produce more value added products. Estimated project cost: Rs. 131 cr, Expected Completion: September, 2019
  • Renewable Energy Projects: Two wind power plant of 25 MW capacity each in Tamilnadu. Estimated project cost: Rs.310cr, Expected Completion: Plant 1: FY 2018-19, Plant 2: FY 2019-20.
  • Efficiency Improvement Project: HRD- DCW in place of existing settler- washer at stream- 1,2,3 of Alumina Refinery to improve productivity and efficiency. Estimated project cost: Rs. 355 cr, Expected Completion: FY 2020-21.

Envisaged Projects::

  • Establishment 6 lakh TPA brownfield Smelters in Odisha
  • Establishment 6 lakh TPA greenfield Smelters in Odisha
  • 1320 MW Thermal power plant at Angul Odisha
  • Cluster of downstream units of Rolled Products / Foil / Wheel / Extrusion
  • KABIL (Khanij Bidesh India Limited): JV Company with HCL and MECL to identify, acquire, develop, process and make commercial use of strategic minerals in overseas locations for supply in India.
  • JV Company with MIDHANI for establishment of high end aluminium alloy manufacturing plant for meeting the requirement of defence, aerospace, automotive and transport sector.
  • Upstream Integration: CT Pitch plant in JV with NINL in Odisha

Corporate Plan::

  • To face the challenges of ever evolving market and position the Company in a sustainable growth path, a new Corporate plan with a new vision has been developed and rolled out in Jan’18 with well-defined 3 year action plan, 7 year strategy & 15 years vision of being a Premier and Integrated company in the Aluminium value chain with strategic presence in Mining both domestic & global, Metals and Energy sectors.
  • It provides a roadmap for multi-fold growth in revenue to the sum of Rs.18, 171 cr and Rs.31,248cr by the year 2024 & 2032 respectively.

Research & Development:

  • During FY 2017-18, four (4) patents have been granted in the name of NALCO. Till date, total patent filed are 35 out of which fifteen (15) patent granted and five (5) patent commercialized.
  • The first of its kind in the world, nano based Emrion technology Defluoridation Plant for treating effluent water of smelter plant and making it potable achieved success at commercial scale.
  • Waste to wealth creation: Gallium from spent liquor, iron from red mud are some of the frontline projects the company is spearheading in this direction for commercial success.

Corporate Social Responsibility: Wealth to Welfare

The CSR Expenditure for the year 2017-18 is Rs. 29 cr against the target of Rs.27.88 cr.

Health Care: 2 full-fledged Hospitals and 8 Mobile Health Units accessible to people of periphery villages benefiting more than one lakh patients every year. Construction of modern Eye Hospital at Angul is in progress.Construction of Night Shelter in AIIMS, Bhubaneswar for attendant of indoor patients and OPD patients availing long term treatment.

New Horizons:

  • Indradhanush:Till date 855 poor & tribal children from Maoist-infested Villages of Koraput sponsored for free residential education in reputed schools.
  • ‘Beti Bachao, Beti Padhao’:‘NALCO ki Ladli’: Total 277 meritorious girl students of BPL category benefitted till date under the scheme, with financial assistance. Plans underway to take this initiative to Pan-India level.
  • ODF Village: 2 villages completed in Koraput district. Another 9 villages of Angul and Koraput districts taken up for make it ODF.
  • Mobile Medical Unit : 5 in Angul & 4 in Damanjodi footfall more than one lakh
  • PM’s Iconic Shrine Development Programme:
    - 13 projects have been taken up at Shri Jagannath Temple, Puri & surrounding to upgrade the infrastructure & maintain cleanliness.
    - Complete LED illumination of the Jagannath temple done. Both side walls of VIP road, Puri beautified with thematic painting based on Jagannath culture.
    - Renovation and beautification of Gandhi Park taken up to encourage eco- tourism.
    - Installation of clean water posts at different strategic location of Puri and renovation of museum inside Jagannath Temple is taken up.
    - Launch of battery-operated vehicle service free of cost for senior citizens, differently-abled passengers and sick people at Puri railway station.
  • Skill India initiatives of GoI:
    - 428 local youth have been placed in various job roles by skilling them.
    - A Centre of Excellence for Skill Development with simulator facility is being established at Bhubaneswar.

NALCO CMD lauds Sunita Lakra for leading Indian Women’s Hockey Team to bag Runners Up Title in Asian Champions Trophy

Bhubaneswar, 23.05.2018 :
Sunita Lakra for leading Indian Women’s Hockey Team

On her return from 5 th Asian Champions Trophy, Ms. Sunita Lakra, the Captain of Indian Women’s hockey Team, along with her team- mate Ms. Deep Grace Ekka, met NALCO CMD Dr. Tapan Kumar Chand today and briefed him about their achievements in the tournament. Dr. Chand appreciated Ms. Sunita Lakra, for leading the team to achieve the Runners Up title in the tournament. The team, led by defender Sunita Lakra performed well in the tournament, beating Japana (4-1), China (3-1) and Malaysia (3-2). In the finals, they lost the match to Korea (0-1).

Dr. Tapan Kumar Chand, CMD, NALCO, said, “We are very proud of Sunita Lakra for helping brand Odisha shine in the sporting arena.” It may be noted that Ms. Lakra is an employee of the Navratna Company NALCO.

“Sportspersons like Sradhanjali Samantaray, Debasis Mohanty, Shiv Sundar Das, Anuradha Biswal, who are part of NALCO family, have brought laurels to the State and the company as well. With a view to promote sports and encourage the sportspersons of Odisha, Navratna NALCO is planning to induct more sportspersons in future,” said Dr. Chand.


Aluminium Association of India to set up Aluminium Museum in Bhubaneswar : NALCO CMD & President, Aluminium Association of India

18.05.2018, Bhubaneswar:
Aluminium Association of India

“Aluminium Association of India has plans to set up a Museum on Aluminium in Bhubaneswar soon,” said Dr. Tapan kumar Chand, CMD, NALCO and President, Aluminium Association of India. He was addressing during the International Museum Day celebration at Odisha State Museum at Bhubaneswar today. “Odisha is being acclaimed as the Aluminium Capital of India, with abundant resources and production of aluminium and with the major players of Aluminium of the country having operations here. On this backdrop, to spread awareness about the history and usage of the strategic metal, Aluminium Association of India has decided to set up an Aluminium Museum in Smart City Bhubaneswar,” expressed Dr. Chand.

Speaking on various aspects of Museums across the globe, Dr. Chand wished that the State Museum of Odisha should be at par with the global standard, attracting visitors from the country and beyond. He suggested the Museum authority to adopt new technologies like Audio Guide and digitalization to make the Museum more vibrant and attractive for the visitors. He also stressed on the documentation of history and the collections of the Museums.

Hon’ble Minister of Tourism & Odia Language, Literature & Culture, Govt of Odisha Shri Ashok Chandra Panda was the Chief Guest of the occasion. Among others, Hon’ble Member of Parliament & eminent personality from Odia Cine World Shri Prashant Nanda, noted Odia Movie Actress Smt. Jharana Das, Commissioner-cum-Secretary, Department of Odia Language, Literature and Culture, Govt of Odisha Shri Manoranjan Panigrahi, Director-cum-Additional Secretary Department of Odia Language, Literature and Culture, Govt of Odisha Shri Bijay Kumar Nayak and Superintendent of Odisha State Museum Dr. Jayanti Rath were also present on the occasion.


NALCO inks MoU with Government of India for FY 2018-19

Sets 100% capacity utilization in Alumina, Rs.1100 cr CAPEX & Higher Targets in production & productivity

New Delhi,14.05.2018:
NALCO inks MoU

Aluminium major & Navratna CPSE National Aluminium Company Limited (NALCO) has signed MoU with the Ministry of Mines, Govt. of India, setting highest ever target of Rs 9350 crore revenue from operations for FY 2018-19 which is 15% higher than last year. The MoU was signed between Shri Anil Gopishankar Mukim, Secretary, Ministry of Mines, GoI and Dr. Tapan Kumar Chand, CMD, NALCO in New Delhi, today. Shri Mukim, Secretary, Mines complimented NALCO management for the excellent performance of the company, high standard of Corporate Governance in 2017-18 and robust business plans for 2018-19. The MoU has been formulated as per Department of Public Enterprise guidelines and finalized after discussions with both Inter-Ministerial Committee as well as Ministry of Mines.

The MoU has also set a target of 2.1 million tons for production of Alumina with 100% capacity utilisation & an optimum Aluminium production target of 4.15 lakh tonnes. It sets a target of reduction in net carbon consumption as part of improvement in production efficiency, apart from giving thrust to commercialisation of new R&D products.

The Company has set a challenging CAPEX target of Rs.1100 crore for the year 2018-19. The expenses will be incurred in several projects like the 1 million tonne 5 th stream of Refinery, Utkal-D&E coal blocks, wind power projects, JV projects and modernization & up- gradation of plant equipments. In yet another strategic move on the human resource front, target is also set for assessment of employees through People Capability Maturity Model (PCMM) and implementation of online human resource management system. The targets will enable the company to synchronize its workforce and skill set in line with the new corporate plan. Dr. K. Rajeswara Rao, Additional Secretary, Ministry of Mines & Shri Anil Kumar Nayak, Joint Secretary, Ministry of Mines, and other senior officials of Ministry and NALCO were notably present on the occasion.


Mines in India has 60000 vacancies for employment in critical operator category: NALCO CMD Dr. T.K.Chand

Bhubaneswar, 11.05.18:
Employment in Critical Operator

In Geominetech National Symposium event held here today, in presence of a large gathering of technocrats, engineers, mining professionals, scientists and R & D experts, Dr. Tapan Kumar Chand, CMD, NALCO, pitched for change in mindset towards mining operations as the sector has come a long way from being viewed as not being environment-friendly to adopting the best practices of safe and green mining technologies.

Dr. T.K.Chand, CMD, NALCO, said, ‘’Civilisations has progressed due to unearthing of natural resources. The world has come around to accepting mining as a positive step towards betterment of society. Now, people are realising its benefit because it has the potential to offer large scale employment, which is of prime importance in New India. What matters is to work on the entire value chain of minerals.’’

‘’Mineral-based Mother Plants like NALCO should create an ecosystem for employment and employability to set up Micro, Small and Medium Enterprises (MSMEs) and give them the necessary support to make them competitive and sustainable. This will ensure large scale sustainable employment in the MSME sector,’’ Dr. Chand added.

NALCO CMD Dr. T.K.Chand was also felicitated with the ‘Best Corporate Governance Award’ during the event.

Prof. A Samaddar, Ex Director, NIT, Allahabad/Sikkim, Shri Rakesh Kulsresth, Ex DDGMS, Shri Avijit Ghosh, CMD, HECL, Ranchi, Shri Saidev, Exe. Director, IC RMD, SAIL and Prof DD Mishra, Chairman, BOG, IITISM, Dhanbad & Former Director, CIMFR were also notable present.


Good Samaritan NALCO extends Electric Vehicle transport services to Dibyangs, sick persons and old persons in Bhubaneswar & Cuttack Railway Station

Bhubaneswar/Cuttack, 08/05/2018:
NALCO extends Electric Vehicle transport services
Launch at Cuttack Launch at Bhubaneswar

After successfully launching Electric Vehicle (EV) service free of cost at Puri railway station in March this year, NALCO has once again extended EV service in Bhubaneswar and Cuttack, for the benefit of senior citizens, differently-abled passengers and sick people, in association with East Coast Railways.

The free EV initiative, which comes after receiving widespread appreciation from all quarters, has been rolled out today in the twin cities of Bhubaneswar and Cuttack, and will also cater to large number of people who throng the State for tourism and religious purpose every year.

The free EV service was flagged off by Dr. Tapan Kumar Chand, CMD, NALCO and Shri Braj Mohan Agarwal, Divisional Railway Manager, Khurda.

Dr. Tapan Kumar Chand, CMD, NALCO, said, ‘’We are proud that Bhubaneswar is the smartest city in the country. This initiative will be a smart step in that direction. We are sure this will be of great help to the senior citizens, specially-abled persons and sick passengers.’’ One of the significant steps in EV service is its O & M (Operations & Maintenance) by expert agency under the aegis of NALCO.

Praising NALCO for reaching out to people who need it the most, Shri Braj Mohan Agarwal, Divisional Railway Manager, Khurda, said, ‘’This is a noble initiative which will benefit lakhs of people visiting Bhubaneswar and Cuttack. We are proud that a Company of global repute like NALCO, which has grown in the State, is carrying out a number of CSR projects and is contributing to all-round development apart from promoting Brand Odisha, abroad.’’ An MoU was also signed between Railways and NALCO, in presence of senior railway officials and NALCO executives.

It may be noted that in keeping with its objective of inclusivity and all round development of Puri as a Swachh Iconic Place, NALCO launched EV service free of cost at Puri railway station in association with Khurda Railways Division on March 24.


NALCO CMD lauds Sunita Lakra for being selected as Captain of Women’s Hockey team & Sradhanjali Samantaray for steering Odisha’s Rising Students Club to victory in Indian Women’s League


Bhubaneswar, 05.05.2018:
Sunita Lakra for being selected as Captain

NALCO CMD Dr. Tapan Kumar Chand appreciated India’s most talented footballer and former Captain of women’s national team Sradhanjali Samantaray for guiding and steering Rising Students Club of Odisha to victory in the Indian Women’s League 2017-18.

Sradhanjali Samantaray, who was appointed as the Assistant Coach of India's U- 14 & U-16 Girls Football team, led a key role in bringing laurels to Odisha by guiding and motivating the young footballers to an emphatic victory over Eastern Sporting Union, Manipur to bag the coveted Indian Women’s League. Sradhanjali is the assistant coach of Rising Students Club, Odisha.

Dr. Tapan Kumar Chand, CMD, NALCO, said, ‘’We are very proud of Sradhanjali Samantaray for helping brand Odisha shine in the sporting arena.’’ It may be noted Sradhanjali Samantaray is an employee of the Navratna Company NALCO.

NALCO CMD Dr. Chand also praised another Nalconian and Hockey player Sunita Lakra for being selected as the Captain of the Indian Women’s Team at Asian Champions Trophy to be held in South Korea and wished the Indian team all the success.


23rd All Odisha QC Convention 2018 & NALCO Utkal Gaurav Madhusudan Das Quality Award

Bhubaneswar, 25.04.2018:
23rd All Odisha QC Convention 2018

23rd All Odisha QC Convention 2018

The All Odisha Quality Circle Convention, a flagship event on Quality in the state, was organised by NALCO for the 23 rd successive year today at NALCO Nagar, Bhubaneswar. This premier “Annual Quality Event” in the State, is being organised by NALCO since 1996 with the aim of spreading the Quality Movement amongst the industrial organisations in the State. It provides a platform for mutual learning through case study presentation to encourage implementation of the quality practices among organisations operating in Odisha. With Total Productive Maintenance (TPM) being adopted by many organisations, the Convention also encourages participation of TPM Circles. 8 Quality Circles and 7 TPM Circles from 10 different industrial units of Odisha participated in the Convention.

In honour of Utkal Gaurav Madhusudan Das, NALCO has instituted a state level QUALITY AWARD based on Business Excellence model criteria to recognise units from manufacturing sector operating in ODISHA for their TQM implementation process & the results achieved.

Dr. Tapan Kumar Chand , CMD, NALCO was the Chief Guest in the concluding function and gave away the prizes & quality awards to the winning teams & organisations. Dr. Chand said, ‘’All the participating teams must pledge to take quality movement to further heights in the state. There is abundant potential for unleashing creativity in the workplace but the same needs to be channelised in the right direction.’’

The Winning teams were felicitated in the Prize giving ceremony. The NALCO Trophy for Quality Circle Competition was won by QC Miracle of NALCO while the NALCO Trophy for TPM Circles was won by Jaguar of JKPM, Rayagada.

The NALCO Madhusudan Quality Award for 2018 was conferred on :
LARGE INDUSTRY CATEGORY : BALASORE ALLOYS, Balgopalpur
MEDIUM INDUSTRY CATEGORY : MANISHRI REFRACTORIES & CERAMICS(P) Ltd., Cuttack
SMALL INDUSTRY CATEGORY : AMRITESH INDUSTRIES Pvt. Ltd, Angul


An award for SERVICE QUALITY was also given to Shri Aswini Kumar Behera, Constable CISF for his dedicated service.

Among others, Shri K.C.Samal, Director (Finance), Shri V. Balasubramanyam, Director (Production), Shri. B.K.Thakur, Director (HR), Shri S.K.Roy Director (Projects & Technical) and Shri Pradip Kumar Mishra, Director (Commercial) were also notably present.


Shri Pradip Kumar Mishra NALCO’S NEW DIRECTOR (COMMERCIAL)

Bhubaneswar, 23.04.2018:

Shri Pradip Kumar Mishra


Shri Pradip Kumar Mishra (57) has assumed the office of Director (Commercial) of National Aluminium Company Limited (NALCO), a Navratna company, under Ministry of Mines, Govt of India, today. Prior to this assignment, he was with Steel Authority of India Limited (SAIL) as Executive Director (Marketing).

A Post Graduate in English literature from Utkal University, Shri Mishra started his professional career as a Management Trainee in SAIL in the year 1983. He brings along rich and varied experiences in the field of marketing management. During his 35-year tenure in SAIL, he served in various positions, including being the Regional Manager in three regions of SAIL. Shri Mishra is the recipient of the prestigious Jawahar Award for outstanding contribution in Marketing area in SAIL.

Dr. Tapan Kumar Chand, CMD, NALCO has congratulated Shri Mishra on his appointment to the Board of NALCO and expressed the hope that his rich experience in SAIL Marketing Function, will help in formulating the new marking strategy under Corporate Plan of NALCO.


Meeting of Bhubaneswar Town Official Language Implementation Committee (Undertakings) at NALCO

Bhubaneswar, 21.04.2018:
Official Language Implementation

The 8th half-yearly meeting of Bhubaneswar Town Official Language Implementation Committee (Undertakings) was organized yesterday at NALCO’s Corporate Office. Dr. Tapan Kumar Chand, CMD, NALCO, presided over the meeting. In his address, Dr. Chand, expressed his pleasure for the special programs that were organised by the members to increase the use of Hindi in day to day official correspondence. Terming Hindi as a source for National Integrity, he stressed on increasing sales of products through releasing advertisement in Hindi. Dr. Chand informed about NALCO’s Hindi Mobile App ‘NALCO NISARG' that is developed for disseminating company’s CSR activities.

On this occasion, the 4th issue of Hindi E-magazine ‘Ananta’ was released in the meeting, in which the interesting literary creation by the employees of CPSUs and highlights of special programs organised were published.

During the meeting discussions were also held on organizing joint programs like Hindi Workshop, Hindi Competitions, Hindi Kavi Sammelan and constituting of sub- committees for propogating use of Hindi in Official work.

Shri Basant Kumar Thakur, Director (HR), NALCO, Shri Padma Charan Nayak, General Manager, BSNL, Shri Debasish Sahu, Jt. General Manager, Airport Authority of India, Shri P.K. Mishra, Director, NCDC, Shri Ashish Ekka, Chief Manager, HPCL, Shri Sanjay Kumar, DGM, FCI, Sri Ashok Tarik, Regional Direcotor (I/c), ESI, Smt. Ruchi Sharma, Regional Manager, HUDCO, Shri U.N.L.Chainulu, Branch Manager, ECGC, Shri Pradip Kalo, General Manager, CWC and Sr. Officers of other CPSUs of Bhubaneswar were also present on the occasion as the distinguished guests.

Hindi officers, Hindi Translators of above offices along with BPCL, IOCL, Oriental Insurance Co. Ltd., New India Assurance Co. Ltd., MMTC, NTPC, and other CPSUs of Bhubaneswar attended the meeting.

The meeting was coordinated by Shri Hariram Pansari, Member-secretary of the Committee and Sr.Manager (Rajbhasha) of NALCO.


Book ‘The Heartfulness Way’ released by NALCO CMD

20.04.18, Bhubaneswar:
The Heartfulness Way

NALCO CMD Dr. Tapan Kumar Chand releases the widely acclaimed book titled ‘The Heartfulness Way’, in presence of the book’s co-author Mr. Joshua Pollock and Shri. B.K.Thakur, Director (HR), NALCO at Corporate Office today.

The book focuses on how we must learn to meditate, given the enormous stress on the physical and emotional front in the current scenario. The widely acclaimed book has gained worldwide recognition for its style and approach of presenting Heartfulness meditation and its benefits to lead a meaningful life.


127 th Birth Anniversary of Dr. Ambedkar celebrated at NALCO

Bhubaneswar: 14/04/2018:
Ambedkar Birth Anniversary

The 127 th Birth Anniversary of Bharat Ratna Baba Saheb, Dr. B.R. Ambedkar, was celebrated at Nalconagar, Bhubaneswar on 14.04.2018. Paying homage to the architect of the Constitution, Dr. Tapan Kumar Chand, CMD, Nalco, garlanded the statue of Dr. Ambedkar and paid floral tributes. Highlighting the life and contributions of Dr. Ambedkar, in his address, Dr. Chand said that India’s power lies in its democratic systems and its diversity. “Drafting the Indian Constitution, Dr. Ambedkar has provided liberty, fraternity and equality to all citizens thereby enabling active participation in politics and public life”, said Dr. Chand.

“We must draw inspirations from his ideas and our action and activities should be aimed towards inclusive growth, which will ultimately pave path for a forward looking & progressive nation,” he added. Directors of the Company, Senior Officials along with employees and other distinguished personalities from different walks of life also joined the celebration and paid their homage to Dr. Ambedkar.


NALCO CMD addressing scientists at the 55th Foundation Day celebration of CSIR-IMMT, Bhubaneswar

Bhubaneswar, 13.04.2018:
NALCO CMD addressing scientists

NALCO CMD Dr. T.K.Chand addressing the scientist community as the Chief Guest on the occasion of 55 th Foundation Day celebration of CSIR-IMMT, Bhubaneswar


NALCO Launches Drinking Water Kiosks at Puri under Swachh Iconic Shrine Project

Puri, 11.04.2018:
Drinking Water Kiosks

NALCO today launched water posts / kiosks at strategic locations under Prime Minister’s Swachh Iconic Shrine project with the aim of promoting and development of the holy city of Puri. The installation of water kiosks was inaugurated by NALCO CMD Dr. Tapan Kumar Chand and Puri District Magistrate and Collector Aravind Agarwal.

Dr. T.K.Chand, CMD, NALCO, said, ‘’The importance of safe and clean drinking water is of utmost importance. This initiative will benefit the large number of devotees who throng the holy place and benefit the public at large.’’ Dr. Chand also stressed on the need to cater to marginalised section of the society. ‘’There are many people who visit Puri to offer prayers, but not everyone may be well off to buy mineral water at frequent intervals. We hope the water posts we have installed at various locations will benefit the poor.’’

As of now, eleven important tourist locations have been shortlisted to launch water kiosks, including three in and around Jagannath Temple, one each at Sakhigopal Temple, Gandhi Park, Satalahari Math, Gundicha Mandir, Gurdwara, near Sea Beach, Sunaragouranga Math and Jagannath Ballav Math Praising NALCO for this noble initiative, Shri Aravind Agarwal, District Magistrate and Collector, Puri, complimented Dr. Chand and NALCO for providing the much-needed water posts. Further, he said, ‘’This initiative will benefit lakhs of people visiting Puri, especially when the temperature soars during the summer season. We are proud to partner with Navratna company NALCO for carrying out a number of CSR projects and contributing to Puri’s development.’’

Last month, NALCO launched battery-operated vehicle service at Puri station for the elderly, specially-abled and sick passengers. Keeping with its objective of ensuring all- round development of Puri as a Swachh Iconic Place, NALCO is carrying out a number of activities, including, development and beautification of Gandhi Park, multi-storeyed car parking at sea beach, renovation of Niladri Vihar museum inside Jagannath Temple, providing access to drinking water at various spots in the city, development of heritage corridor, among other initiatives.


NALCO signs MoU for commercial scale nano based Emrion Deflouridation plants

Bhubaneswar, 05.04.2018:
Emrion Deflouridation plants

After successful commissioning of first-of- its kind Defluoridation plant in the World using Nano based Emrion technology, the aluminium major National Aluminium Company Limited (NALCO) is all set for using this technology in commercial scale. It may be noted that NALCO has been using this technology in its Smelter Plant since February 2017 which has successfully addressed the endemic problem of fluoride contamination of water in Angul sector.

In this line the Company today signed a MoU with M/s Eesavyasa Technology Pvt Ltd of Hyderabad. The MoU was signed between Shri Subrat Kar, GM(R&D), NALCO and Shri D.P. Chakravarthy, MD, M/S Eesavyasa Technology. As per the MoU, NALCO would be getting royalty on setting up of commercial scale defluoridation plants in other Aluminium plants and other industries based on this technology for removal of fluoride to provide chemical free water for drinking purpose.

Speaking on the occasion, Dr. Tapan Kumar Chand said that this breakthrough technology is an example of sustainable solution that would cater to the people, planet and profit aspect of an industry in a balanced manner. “Creating and providing a positive environmental impact in a proactive manner has always been the motto of NALCO” he said. Dr. Chand added that this technology can be used in future for providing safe drinking water to people during major events like Rath Yatra.

Worth mentioning that this initiative of the Company has received much appreciation and accolades at the National level and has also been selected for inclusion in the “Coffee Table Book” to be released by the Honb’le Prime Minister.


NALCO Celebrates Utkal Divas


Chief Guest Shri Shaktikanta Das, Member, 15th Finance Commission of India, and India's Sherpa to the G-20, highlights how Industrial sector has a crucial role to play in developing a New India


Bhubaneswar, 01/04/2018:
Finance Commission of India

National Aluminium Company Limited (NALCO), regarded as the pride of Odisha, celebrated the Utkal Divas with gaiety and fervour, at Nalconagar, Bhubaneswar, on 1 st April. To mark the occasion, the company celebrated the day with a function at Bhubaneswar, which reflected a distinct spirit of Odisha.

While addressing the gathering Dr. Tapan Kumar Chand, CMD, NALCO lauded Mines and Refinery Team for achieving 100% capacity utilization in Mines and Refinery. Dr. Chand added, ‘’Starting of new Mines-South Block Panchpatmali is a bold step. After being credited for the lowest cost producer of Alumina in the world, NALCO has done Odisha and the country proud again by clocking the highest ever bauxite excavation of 70.84 lakh tonnes since inception and also the Refinery team has done a commendable job by producing 21.11 lakh tonnes, which is also the highest ever since inception.’’

NALCO has ended financial year 2017-18 on a strong note with Smelter Collective producing cast metal of 4.25 lakh tonne, registering a growth of 9.8%. the total sales of the Company also registered sharp growth with sales of 4.26 lakh tonne and 42 alumina shipment exports, enabling company to achieve highest turnover ever since inception.

‘’My compliments to Finance and production teams for settling water dispute with the State Government. Project team has achieved the distinction of getting lease transfer for Utkal-D land and environment clearance for Caustic Soda Plant in Dahej, Gujarat,’’ Dr. Chand added.

During an inspiring keynote address delivered by Shri Shaktikanta Das, Former Economic Affairs Secretary and presently the member of the 15 th Finance Commission of India, and India's Sherpa to the G-20, said, ‘’We live a dynamic environment and the world around us is changing at a rapid rate. The role of industries in shaping a New India is immense. It is very important for industrial sector in India to adapt to the latest technological innovation and lead the developmental charge of the nation.’’ Shri Shaktikanta Das also praised NALCO for scaling greater heights with each passing year, saying, ‘’NALCO is a jewel among the public sector enterprises and is also playing the role of a Mother industry in Odisha.’’

During the programme, Dr. Tapan Kumar Chand, CMD, Nalco felicitated two promising sportspersons of Odisha viz. Ms. Aparajita Gochhikar, Chess player and Ms. Geeta Bhuyan, Baseball and softball player. Each of them received a trophy and a purse of Rs.20,000/-. The company also felicitated five MSMEs namely M/s. Koshala Engineers Rourkela, M/s. Kaybee Industries Cuttack, M/s. Gampas Plastech Balasore, M/s. Ashamani Poly Products Balasore and M/s. Orien Engineers Rourkela, for their sustained efforts and contributions in the MSME Sector of Odisha. The Company also organized essay competition and painting competition among children. The winners were handed over the prizes and certificates on the occasion.

Shri B.K. Thakur, Director (HR) welcomed the guests at the outset. Shri K.C.Samal, Director (Finance), Shri V. Balasubramanyam, Director (Production) and Shri S.K. Roy, Director (P&T) were notably present on the occasion.


Battery-operated vehicle service at Puri railway station under Swachh Iconic Project

Puri, 24/03/2018:
Battery-operated vehicle service at Puri

In keeping with its objective of inclusivity and all round development of Puri as a Swachh Iconic Place, NALCO today launched battery-operated vehicle service free of cost, at Puri railway station for senior citizens, differently-abled passengers and sick people, in association with Khurda Railways Division.

The free-battery operated vehicle service was flagged off by Dr. Tapan Kumar Chand, CMD, NALCO and Shri Braj Mohan Agarwal, Divisional Railway Manager, Khurda. The initiative will benefit passengers travelling to Puri, which is an internationally-acclaimed religious and tourist destination.

Dr. Chand, CMD, NALCO, said, ‘NALCO is a symbol of pride in Odisha and the country. This battery-operated vehicle service will be free of cost to senior citizens, specially-abled persons and sick passengers. As a responsible corporate citizen, we have undertaken several projects to promote and develop Puri under Hon’ble Prime Minister’s Swachh Iconic Place project. Stressing on scaling up this initiative, Dr. Chand added, ‘’Battery-operated vehicle service will also be provided from Jagannath Ballav to Lord Jagannath temple, which will help in decongestion of Grand Road and enable the pilgrims to visit the Temple.’’

Praising NALCO for this noble initiative, Shri Braj Mohan Agarwal, Divisional Railway Manager, Khurda, complimented Dr. Chand for readily agreeing to provide battery-operated vehicles proposed by Railways in Puri, Bhubaneswar and Cuttack stations. Further, he said, ‘’This initiative will benefit lakhs of people visiting Puri. NALCO is carrying out a number of CSR projects in this historic place and contributing to Puri’s development. We are very proud to work with NALCO in CSR activities.’’ An MoU was also signed between Railways and NALCO, in presence of senior railway officials and NALCO executives.

Under the Swachh Iconic Place Project, NALCO is carrying out a number of activities, including, development and beautification of Gandhi Park, multi-storeyed car parking at sea beach, renovation of Niladri Vihar museum inside Jagannath Temple, providing access to drinking water at various spots in the city, development of heritage corridor, among other initiatives.


Aluminium Development Council to be formed to bring development of Aluminium Sector in India - Dr. Chand

Mumbai/Bhubaneswar, 16/03/2018:
Aluminium Development Council

Industry stalwarts in the aluminium sector, including the Consul General of Italy, senior Government officials, CEOs and Senior Executives of different organizations deliberated and stressed on a whole new world of opportunities that lie ahead for the ‘wonder metal’ at the National seminar on development of special alloys and composites of aluminium, held in Mumbai today.

Dr. Tapan Kumar Chand, CMD, NALCO and President, Aluminium Association of India (AAI), emphasised, ‘’Demand for high-strength aluminium alloy will increase by five-fold in the next 10 years.’’ While showing concern over low applications of Aluminium, i.e. 300 odd applications in India as against 3000 globally used, Dr. Chand also stressed on the importance of R&D activities on various applications of Aluminium alloys in different sectors. Dr. Chand also pitched for reduction of energy cost and course correction in tax structure to make this sector competitive.

Dr. Chand, who is often called ‘Metal Man’ because of his knowledge and experience in the steel and aluminium sectors, said, the Aluminium Association of India will urge upon the Government of India for formation of Aluminium Development Council for protecting the interest of Aluminium Industry.

Shri Satish Pai, MD, Hindalco Industries Limited and Guest of Honour of the event raised concerns over increase in coal price which affect the energy cost. Commenting on the recent decision of the US Government’s proposal to put restrictions on imported aluminium, he said Indian Aluminium must now look for new markets in Middle East and Europe.

HE Ms. Stefania Costanza, Consul General Republic of Italy, Mumbai and Guest of Honour of the event, is upbeat about the prospects of knowledge sharing in Aluminium sector. She said, “Italy is second largest country in Europe in Aluminium business and we hope for more collaboration in future on a sustainable basis.”

The Chief Guest of this National Seminar, Mr. Arun Kumar, I.A.S., Secretary, Ministry of Mines, Government of India, while responding to the concerns, assured that auction route for commercial mining for coal mines will have checks and balances on the coal price, which is going to help the Aluminium industry. He also praised the involvement of Italy in the growth of Special Alloys of Aluminium.

Mr. PD Samundra, MD Thyssen Krupp Industrial Solution, India shared his long experience in particularly in Alumina and Caustic Soda.

The National Seminar, was attended by industry captains from all Primary industries and from Downstream and Ancillary industries, Aluminium Alloy manufacturers, Auto component manufacturers, Casting and Forging Industries, TKIS, HAAL, Academic and Research institutes, Research and Development organizations, like JNARDDC Nagpur, IIT Bhubaneswar, Management Consulting organizations and other academic and research institutes.

Organised by Aluminum Association of India (AAI), the Seminar was sponsored by Hindalco Industries Ltd, National Aluminium Company Ltd (NALCO), Vedanta Limited and ThyssenKrupp Industrial Solutions (India) Private Limited.

Inaugural Session of the Seminar commenced with the welcome address by Mr. A.K. Murthy, Hon. Gen. Secretary, AAI. The final Takeaway Session was shared between Dr. Vivek Srivastava, Asst. Vice President, Hindalco Innovation Centre and Dr. Pratapaditya Mishra, Additional Director General of AAI.


NALCO PAYS Rs.546.95 CRORE INTERIM DIVIDEND TO GOVERNMENT

Bhubaneswar, 12.03.2018:
INTERIM DIVIDEND

National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of Mines, Govt. of India, has declared an interim dividend of 94%, i.e. Rs4.70 per share of Rs.5/- each, amounting to Rs. 908.48 crore for the financial year 2017-18, on the paid-up equity share capital of Rs.966.46 crore. This is the highest-ever dividend declared by the company since inception. Shri Narendra Singh Tomar, Hon’ble Union Minister of Rural Development, Panchayati Raj and Mines, Govt of India, was presented a cheque, amounting to Rs.546.95 crore as interim dividend, by Dr. Tapan Kumar Chand, CMD, NALCO, in the presence of Shri Haribhai Parthibhai Chaudhary, Hon’ble Minister of State for Mines. Among others, Shri Arun Kumar, Secretary, Ministry of Mines, Govt of India and Dr. K. Rajeswara Rao, Additional Secretary, Ministry of Mines, Govt of India, Shri Bipul Pathak, Joint Secretary, Ministry of Mines, Govt of India, Dr. Niranjan Kumar Singh, Joint Secretary, Ministry of Mines, Govt of India, Shri Anil Kumar Nayak, Joint Secretary, Ministry of Mines, Govt of India and Ms. Reena Sinha Puri, Joint Secretary & FA, Ministry of Mines, Govt of India were present on the occasion. The Union Minister Shri Tomar appreciated the dedicated efforts of Dr. Chand CMD, NALCO and his team for the effective functioning of NALCO and five-fold increase in profit of NALCO in third quarter of this financial year. It may be mentioned that since inception, NALCO has paid a total of Rs.7273.59 crore as dividend including Rs.5918.39 crore as share of Govt. of India.


PDAC 2018: NALCO CMD bats to attract investors at Global summit for Angul Aluminium Park

Bhubaneswar, 08.03.2018:
attract investors at Global summit for Angul Aluminium Park

India Day was celebrated at the Prospectors & Developers Association of Canada (PDAC) convention in Toronto, Canada, on 7th March 2018. On the occasion, Dr. Tapan Kumar Chand, CMD Nalco & Chairman of Aluminium Association of India said that India and Odisha in particular is making rapid progress in the Aluminium Sector. Addressing a large number of investors, prospectors, miners, manufacturers from all across the globe, Dr. Chand also made a presentation on prospects of investment, exploration, technology collaboration, Plant & equipment supply, export& import with India, wherein he focused on growing significance of the Aluminium Sector. In response, a lot of enthusiasm was seen amongst Industries about the upcoming Nalco’s Angul Aluminium Park.

It may be noted that PDAC is considered one among the biggest mining and manufacturing convention wherein India’s leading mining industries are participating in this international convention under the India Pavilion. Nalco as the nodal agency of Govt of India & CPSUs is organising the event to showcase India’s mining power.


Mining behemoths participates in International Convention – PDAC 2018


Nalco to Celebrate India Day in Toronto: Invest India main Focus

Bhubaneswar, 05.03.2018:
Invest India main Focus

World’s one of the biggest mining and manufacturing convention - Prospectors & Developers Association of Canada (PDAC) is being held in Toronto, Canada, from 4th to 7th March 2018. India’s leading mining industries including NALCO, NMDC, GMDC, HCL, APMDC, COAL India, Hutti Gold Mines Limited & Odisha Mining Corporation are participating in this international convention under the India Pavilion. Leading the India delegation, Shri Narendra Singh Tomar, Hon'ble Minister, Rural Development, Panchayati Raj and Mines, Govt of India, inaugurated the Indian Pavilion. Dr.Rajeswara Rao, Additional Secretary (Mines), Dr. Tapan Kumar Chand, CMD, NALCO, Joint Secretaries of Coal & other department, Secretaries of various State Govt., CMDs of many CPSUs are part of the Indian delegation.

On 7 th March 2018, India Day would be celebrated at the convention. Leading aluminium major, Nalco as the nodal agency of GOI & CPSUs would be organising the event to showcase India’s mining power. At the India Day celebration, Dr Tapan Kumar Chand, CMD, Nalco, would make a presentation before the global prospectors, miners & manufacturers, focussing on Invest India-Invest in Aluminium. Dr. Chand is also expected to attract investments for the proposed Angul Aluminium Park in Odisha. It may be noted that Canada’s Saguenay Valley Aluminium Park is considered as an excellent world-class Aluminium park & Al Canada is a leading Aluminium manufacturers with high end technology. It is also expected that during this International convention, Nalco may go for further high end technological collaborations.


National Literary Meet Inaugurated


Chairman, NALCO calls upon literary personalities of the state to promote spirit of entrepreneurship through literature

Bhubaneswar, 01.03.2018:
NALCO calls upon literary personalities

“Odisha has a rich legacy of culture, heritage, art and literature. As the only Navratna CPSE with headquarter in Bhubaneswar, we take immense pride being associated with this rich legacy”, said Dr. Tapan Kumar Chand, CMD, NALCO, while inaugurating the 3 rd National Literary Meet at Bhubaneswar, today.

Addressing, the gathering, Dr Chand said that although the spectrum of Odia literature is very vast with strong literary roots and writers community, the book reading habit is on decline particularly among youth due to onslaught of internet & social media. However, Institutions and literary associations have a major role to play in encouraging the book reading habit, expressed Dr. Chand.

Literature is a time capsule. It is the mirror of the society. It has the strength to generate collective energy for achievement. Odia literature should promote entrepreneurship and build up an achievement oriented industrial climate in the state for its progress and growth, said Dr. Chand.

A number of literary personalities, writers and poets attended the meet. Amongst them the noted dignitaries who adorned the dais were Shri Arun Kamal, Dr. Nityananda Satpathy, Shri Jayasish Roy, Smt. Suprava Roy and Ms Monideepa Sahoo.


First-ever national workshop on High value Aluminium Alloy for Defence, Aero, Railways & Auto sector inaugurated by NALCO CMD at JNARDDC, Nagpur

Nagpur, 23/02/2018:
First-ever national workshop

Country’s first-ever national workshop on High value Aluminium Alloy for Defence, Aero, Railways & Auto sector was inaugurated today at the Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC), Nagpur, by Dr. Tapan Kumar Chand, CMD of NALCO & Chairman of Aluminium Association of India.

In his address as the chief guest at the inaugural session of the seminar on Development of Aluminium Alloys and Downstream products for Defence, Aerospace and other Strategic Applications, Dr Chand stressed on the fact that the viability of Indian Aluminium Industry critically hinges on its reach at the high end aluminium value chain. He further stated that in next ten years the requirement of high strength aluminium alloy will increase by fivefold. Besides, introduction of T-20 high speed train by railways, metro trains, Electric vehicles, Smart cities, rural electrifications will spur up the aluminium demand in the country, he added.

Dr Chand also highlighted about the upcoming Aluminium Park near NALCO’s Smelter Plant, at Angul, which will be the cradle ground for different kinds of downstream industries apart from manufacturing value added products. Worth mentioning that the Aluminium Park is being jointly set up by NALCO & Infrastructure Development Corporation (IDCO), Govt of Odisha. It may be noted that out of 3000 applications of aluminium worldwide, the use of aluminium applications in India is confined to a meagre 10%.

The two-day seminar is being organised at the Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC), Nagpur, an autonomous body under ministry of mines, Govt. of India.

Among others, Dr. Anupam Agnihotri, Director, JNARDDC, also spoke on the occasion and stressed on the importance of R&D activities on various applications of Aluminium alloys in different sectors.

The inaugural session was attended by delegates from IIT Mumbai, DMRL, IIT Bhubaneswar, ARAI, NCAIR, VDIH, HAL, DMSRDE, NALCO, AAI, BALCO, VEDANTA, HINDALCO IDCO, IPICOL, Jindal Aluminium Limited Minex and other associated institutions and industries.


Noble Gesture by NALCO Mahila Samiti

Bhubaneswar, 21.02.18:
Noble Gesture by NALCO Mahila Samiti

NALCO Mahila Samiti, led by its President Smt. Preeti Roy, visited Adruta Children’s Home, a shelter for orphan children and distributed bed sheets and blankets to the inmates. Smt. Trupti Das, Secretary, Smt. Namita Sahoo, Jt. Secretary, Smt. Smita Nath, Treasurer, Smt. Sabita Patnaik and Smt. Sarita Panda were present on the occasion.


Applications invited for Nalco Utkal Gaurav Madhusudan Das Quality Awards

Bhubaneswar, 13/02/2018 :
Madhusudan Das Quality Awards

National Aluminium Company Limited (NALCO) is inviting applications for the State-level Award titled ‘Nalco Utkal Gaurav Madhusudan Das Quality Awards’ to recognize, appreciate and encourage outstanding practices and results achieved by organizations, through implementation of Total Quality Management (TQM) in their respective manufacturing units operational in Odisha. The annual award instituted since 2017 shall be given in three categories, viz. Small Enterprises, Medium Enterprises and Large Enterprises. The award portfolio shall carry a total cash prize of Rs. 1 lakh (Rs. 50,000/- for Large Enterprise and Rs. 25,000/- each for Medium and Small Enterprises). The aluminium major is presently inviting applications for the award, for which the last date of submission is 15th March 2018. The details regarding these awards are available in the company’s website www.nalcoindia.com.


National Executive meet of Indian Journalists Union


Media to play a pivotal role in building brand Odisha: Dr. Chand

Bhubaneswar, 11/02/2018:
national-executive-meet

National Executive Council meet of Indian Journalists Union (IJU) was held today at Bhubaneswar to discuss issues concerning the welfare of the working journalists across the country. Senior journalists including Shri K. Sreenivas Reddy, General Secretary Shri D. Amar, & Vice President of International Federation of Journalists Ms. Sabina Inderjit were present on the occasion. Considered the think tank of journalists, more than 60 IJU members from 24 states participated in the meet.

Dr. Tapan Kumar Chand, CMD, Nalco graced the occasion as the chief guest and interacted with the media professionals who are attending this meet at the temple city. Speaking on Mass Media & Mass Society, Dr. Chand said that media is more than a mirror of public opinion. While it reflects true & fair picture of public opinion it also very often generates and promotes public opinion.

Speaking about the home state, Dr Chand also said that due to low visibility at national & international level and lack of market, Odisha is not attracting sufficient number of project proponents despite rich in resources. He urged the media fraternity to highlight Odisha’s strength, so that industrial investment climate gets a boost and enough jobs are created.

In his address, Shri Prabhat Das, President, Odisha Journalists Union, said that Dr. Chand as a hard working and hard core professional has been able to deliver desired results irrespective of wherever he worked & under whatever capacities. Under his leadership NALCO is progressing well. Besides, Dr Chand’s commitment for progress of Odisha is evident from his actions, he added.

Addressing the members, Shri. S.N. Sinha, IJU President, said, “Our vision is to make democracy more vibrant, but democracy can’t survive without media. We are committed to Free Press so that it benefits society.’’ The National Executive Meet was hosted by the Odisha Journalists Union (OJU).


NALCO registers robust growth upto 3rd Quarter


Quantum jump in net profit by 171% from Rs.400 crore last year to Rs.1085 crore

Bhubaneswar, 09.02.2018:

National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of Mines, Govt. of India and country’s leading manufacturer and exporter of alumina and aluminium, has declared its financial results for & upto 3 rd quarter ended December 2017.

According to the reviewed financial results for the 3 rd quarter of the financial year 2017-18 taken on record by the Board in the meeting held at Bhubaneswar today, NALCO has achieved a record net profit of Rs.722 crore (growth of 207%), as against Rs.235 crore in the preceding quarter and Rs. 144 crore in the corresponding quarter of previous fiscal. The net sales in the 3 rd Quarter was Rs.2,360 crore. With this, the company has been able to break the highest-ever net profit figures in a quarter during the last ten years.

Similarly, the net profit for the 9 months ended December 2017 works out to Rs.1,085 crore (growth of 171%), against the corresponding figure of Rs. 400 crore for the previous fiscal. The net sales for the 9 months of the fiscal are Rs.6,538 crore as compared to Rs. 5,071 crore in the corresponding period of the last financial year. NALCO has also achieved record growth in production in all fronts. During the first nine months of the current fiscal, NALCO achieved production of 54.40 lakh tonnes of bauxite, as compared to 53.23 lakh tonnes achieved during the comparable period of the previous fiscal. The company produced 15.51 lakh tonnes of alumina hydrate, against 15.27 lakh tonnes achieved in the corresponding period of the previous financial year.

Metal production was 3.17 lakh tonnes, against 2.86 lakh tonnes during the comparable nine months of the previous fiscal registering a growth of 11 %. The net power generated during the period was 4,897 million units up by 9%, compared to 4,494 million units achieved in the corresponding period of the previous year. As a committed and responsible green power producer the company has generated 211 million units of wind power during the first 9 months of this fiscal.

Operational efficiency, cost reduction, strategic management decisions and team work of NALCO played a key role in achieving the record profit.

“With robust monetary policy of the Government and demand-supply dynamics brightening, aided by growth in the construction and power sectors, pick-up in the automobile segment as well as firming up of aluminium prices globally, we hope to post similar results in the next mandate,” said Dr. Tapan Kumar Chand, CMD, NALCO.

It may be noted that the company has recently released its 'Corporate Plan - 2032' wherein it envisages to reach a turnover of Rs.18,171 crore by 2024 and Rs.31,248 crore by 2032.

Worth mentioning that the company is vigorously pursuing its plans for addition of 0.5 MTPA capacity to its existing Smelter, 1MTPA capacity in its Alumina Refinery, Development of Utkal D&E Coal Blocks, Development of Pottangi Bauxite Mines, Angul Aluminium Park, 2.7 Lakh TPA Caustic Soda Plant in JV with GACL, Coal Tar Distillation Plant in JV with NINL, 1320 MW Greenfield Thermal Power Plant in Odisha, Overseas acquisition, exploration & processing of strategic minerals through Khanij Bidesh India Ltd. (KABIL), a Joint Venture Company of NALCO, HCL & MECL and High end Aluminium Alloy Plant in Joint Venture with MIDHANI.


NALCO joins nation in 69 th Republic Day celebrations


NALCO-R-Day

Unfurling of Tri-colour at NALCO Corporate Office, Bhubaneswar on the occasion of 69 th Republic Day celebrations.


NALCO-Tableau-at-Republic-Day

Attractive Tableau by NALCO at the State Republic Day parade at Mahatma Gandhi Marg, Bhubaneswar.


NALCO ANNUAL FLOWER SHOW ‘BASANT PUSPA PRADARSHANI’ CONCLUDES

Bhubaneswar, 21.01.2018:
BASANT PUSPA PRADARSHANI

National Aluminium Company Limited (NALCO), organized the two day long 'Basant Pushpa Pradarshani', its annual Flower Show at Nalco Nagar, Bhubaneswar on 20th and 21st January. Shri B.K. Thakur, Director (HR), inaugurated the flower show on January 20. As many as 18 institutions and 76 individuals participated during the event under various competitions like cut flowers, potted plants, foliages, flower arrangements, rangoli etc. Smt. Preeti Roy, President, Nalco Mahila Samiti, graced the concluding ceremony as the chief guest and handed over the prizes to the winners in different categories.

In the Institutional Category, C.V. Raman College of Engineering, Bhubaneswar, bagged the champions trophy, while J.K. Papers Limited, was the runner up. The Queen of the Show prize was won by Prabhat Resorts of Puri. Similarly, Champion of the Show in Individual category was won by Shri Amiya Prasad Sahu while Ms Ranjita Rout bagged the runner up prize. Among others, Shri A.K. Patnaik, GM (H&A) & Shri J. Reyaz, GM(IE,CC,PR)I/c were notably present on the occasion. Shri R.K. Pradhan, Sr. Manager (Mech) coordinated the programme.


Italian delegation shows interest in investing in Angul Aluminium Park

Bhubaneswar, 20/01/2018:
Italian delegation shows interest

The prospect of rapid expansion in the Aluminium sector in Odisha, especially in the upcoming Angul Aluminium Park has attracted the attention of the visiting high level delegation team from Italy to set the platform for investment and collaboration with its counterparts in Odisha and India.

The Aluminium Association of India (AAI) held the Indo-Italian Metal Hub seminar in NALCO Nagar, Bhubaneswar, in which Italian team led by the Consul General of Italy, Italian Aluminium Association, CEOs and Senior Executives of different Italian organisations and the Indian team led by NALCO, Govt.of Odisha, businesses and Government agencies and associations of Indian and Italian industry were involved in important deliberations and discussing the way forward to collaborate in the Aluminium sector.

Mr. Damiano Francovigh, Italian Consul General in India stressed on improvement of bilateral relations between India and Italy, saying, ‘’Strengthening economic cooperation between India and Eastern India will go a long way in improving relations between Italy and India. The Indo-Italian Metal Hub seminar titled ‘Aluminium Age’ is also an effort in that direction.’’

Shri Niranjan Pujari, Hon’ble Minister of Housing and Urban Development, Govt.of Odisha, said, ‘’Odisha offers the perfect ecosystem to be the Hub of Aluminium sector and we are committed to forge strong economic tie with Italy. The molten aluminium can be directly obtained from NALCO when the Angul Aluminium Park becomes operational.’’

The seminar was preceded by a site visit to proposed Angul Aluminium Park on 19th Jan 2018.

Shri Sanjeev Chopra, IAS, Additional Chief Secretary-cum- Principal Secretary to the Govt. Of Odisha and Chief Speaker at the seminar also strongly pitched the upcoming Angul Aluminium Park, saying, ‘’This visit by the Italian delegation team has come at a very opportune time as the future looks bright for investors looking at investing in the aluminium sector in Odisha. The potential for collaboration is immense. The response to the Angul Aluminium Park is unprecedented and will become a major centre in the world for aluminium downstream activities. The Park will rival the best in the world and NALCO will be there to provide concessions and hand-holding support to organisations.’’

Mr. S.K.Dash, Executive Director, NALCO, added, ‘’We welcome the visiting delegation team from Italy and are ready to walk the extra mile to make Angul Aluminium Park an attractive investment destination for businesses.’’

The Seminar is expected to pave the way for discussion amongst important players, businesses, State Government and Government agencies, and associations of Indian and Italian industry in the engineering, metals and transportation sectors. The Indo-Italian Metal HUB tour is a programme aimed at decision makers in the industrial sector in India, Italy and Europe.

The Italian delegation was represented by HE Damiano Francovigh, Italian Consul General in India, Mr Maurizio Sala, President, Amafond, Ms. Francesca Bruni, President, Art Valley, among other dignitaries, while the Indian team was led by Mr. Pratap Aditya Mishra, Additional Director General, Aluminium Association of India officials, senior officials from NALCO, Mr. Kamal Prakash, Director, Jiwanram Sheoduttrai Group, and other businesses and Govt. Officials.


AAI to host Indo-Italian Metal Hub seminar in state capital

Bhubaneswar, 19/01/2018:

A high level delegation from Italy, including the Consul General of Italy, President of Italian Aluminium Association, senior Government Officials, CEOs and Senior Executives of different organizations are all set to be part of the Indo- Italian Metal Hub seminar, scheduled to be held at Bhubaneswar on 20 th Jan 2018. The Seminar will be inaugurated by Shri Niranjan Pujari, Hon’ble Minister, Industries, Housing & Urban Development Govt. of Odisha. Dr. Tapan Kumar Chand, CMD, NALCO and President, Aluminium Association of India (AAI) shall be presiding over this Seminar, in which Shri Sanjeev Chopra, Addl. Chief Secretary-cum- Principal Secretary shall be the Chief Speaker.

Aluminium Association of India (AAI) is playing host to this important 3-day visit by the delegation from Italy who will be looking at the prospect of investing in the Angul Aluminium Park and collaborating for strategic tie-ups with their Indian counterparts. The seminar was preceded by a site visit to proposed Angul Aluminium Park on 19th Jan 2018.

The Seminar will pave way for discussion amongst important players, businesses, State Government and Government agencies and associations of Indian and Italian industry in the engineering, metals and transportation sectors covering Smart metals, Finance: Industrial Challenges, Industrial Park, Global Scenario and East-West Future Prospects, Automotive, Food and Pharma Packaging and future prospects. The Indo-Italian Metal HUB tour is a programme aimed at decision makers in the industrial sector in India, Italy and Europe.

The Indo-Italian Metal HUB has the endorsement and the cooperation of several institutions, associations and independent bodies including, The Italian Consulate in Kolkata, Indo- Italian Chamber of Commerce, District for Rail Technologies (DITECFER), High Speed, Safety and Security Amafond, Federation of European Consumers of Aluminium in cooperation with the Odisha Government, Indian Embassy in Rome, Aluminium Association of India, FICCI, FOSMI, (Federation Of Small & Medium Industries India), CII (Confederation of Indian Industry), UCCI, Sinfonet, and METEF, among others.

The Italian delegation will be represented by HE Damiano Francovigh, Italian Consul General in India, Mr Maurizio Sala, President, Amafond, Ms. Francesca Bruni, President, Art Valley, among other dignitaries.

Dr. Tapan Kumar Chand, CMD, NALCO and President, Aluminium Association of India has told that the Angul Aluminium Park, promoted by NALCO and IDCO has attracted global technology suppliers and project proponents and he is hopeful that the Alumnium Park will emerge at par with global standards.


STATE-LEVEL FLOWER SHOW CONCLUDES


NALCO to promote green cover for the state capital

Bhubaneswar, 14.01.2018:
NALCO to promote green cover for the state capital

The two day long state level flower show organized by Directorate of Horticulture, Odisha, Plant Lovers Association in collaboration with National Aluminium Company Limited (NALCO), concluded today at the Botanical Garden of Regional Plant Resource Centre (RPRC), Bhubaneswar. The event witnessed participation of more than 500 entries including Government institutions, Public Undertakings, Corporate & Industrial Houses, Private Farms, Nurseries, Individuals and Amateur flower growers, with a footfall of more than 1,50,000 visitors from the twin city of Bhubaneswar- Cuttack and other parts of the state.

Attending the concluding ceremony of the biggest and the most beautiful flower show of the state as the chief guest, Dr. Tapan Kumar Chand, CMD, NALCO, accompanied by Smt Preeti Roy, President, Nalco Mahila Samiti, visited various sections of the exhibition, like cut-flower, flower arrangement, floral display, plant bazar, mini-garden, mini-forest, nurseries and exhibition stalls, appreciating the efforts of organizer. Dr. Chand also handed over the prizes to winners in various categories.

“Going by the increasing number of participants and footfalls, the show has now become a people’s show and it symbolizes people’s love for nature. For NALCO as a responsible corporate, environment conservation has been deeply embedded in our core values and we are indeed happy to be part of this event as such events also generates awareness among the general public on environment conservation”, Dr. Chand said in his address at the concluding ceremony.

Citing about the lustrous greenery created in the mined-out areas of NALCO Panchpatmali Bauxite Mines that has become exemplary in the mining industry of the country, Dr Chand also shared the company’s plans to undertaking various beautification projects throughout Odisha including development of Puri as part of Prime Minister’s Iconic Shrine Project.

“With the implementation of avenue plantation jointly by NALCO and the state government between the twin cities of Cuttack and Bhubaneswar, we also plan to increase significantly the green cover of Bhubaneswar by encouraging horticulture activities. Our state capital will not only be a smart city but also green city”, he added.

Among others, Dr. M. Muthukumar, IAS, Director of Horticulture, Dr H.S. Upadhyay, Chief Executive, RPRC, Prof. R. V. Raja Kumar, Director, IIT Bhubaneswar, Shri Khirod Pattnaik, President, Plant Lovers Association and other officials of RPRC were notably present on the occasion. NALCO has been associated with the show over the years as sponsor, which started way back in 1988.


National Youth Day Celebration


Youth power to propel the Nation to higher level of excellence for new India: CMD NALCO

Bhubaneswar, 12/01/2018:
Youth power to propel the Nation to higher level of excellence

“Youth power to propel the nation to higher levels of Excellence for New India”, said Dr. Tapan Kumar Chand, CMD, NALCO, while addressing at the National Youth Day celebration on theme ‘Man making – Nation Building’ at Bhubaneswar, today.

Addressing the event as the Chief Guest, Dr. Chand called upon the youth to be disciplined, dedicated and determined to achieve their targets in life. Dr. Chand also stressed on adoption of well integrated system of education that will be instrumental in developing the moral character of an individual. “The greater goal of education is making better human-beings, thereby building a great Nation. The goal of all education, all training, should be directed towards man-making”, he said.

In the sidelines of the event, sharing his thoughts on “NALCO ki Ladli’ Scheme, being implemented by NALCO similar to ‘Beti Bachao Beti Padhao’ programme of Govt of India, Dr Chand said that such initiatives aims at supporting a large number of meritorious girls from BPL families to have access to higher education. “ Besides, we are consciously working on effective plans to promote Skill Development including vocational skills among children, women, youth and differently abled, which would enhance employability and offer them better livelihood. I believe, these initiatives would contribute towards Nation- building in the days ahead, he added.

The event was organised by Vivekananda Kendra Kanyakumari, (Bhubaneswar Branch) to celebrate the birthday of great spiritual leader Swami Vivekananda, which is also being observed as National Youth Day. Among others, Shri Surasen Jena, Retd IAS, Srimant Swami Aryananda, Joint Secretary, Ramakrishna Math, Bhubaneswar, and Shri Santap Kumar Jena, Nagar Pramukh, Vivekananda Kendra Kanyakumari (Bhubaneswar Branch) were also present on the occasion.


Sports should be given priority like a professional career, NALCO to support 200 budding sportspersons in 2018: Dr. Tapan Kumar Chand, CMD, NALCO

Bhubaneswar, 09/01/2018:
Sports should be given priority like a professional career

CMD of NALCO Dr. Tapan Kumar Chand chose the 63 rd National School Games event to urge parents, teachers, mentors and students to come together to support children to take up Sports as a professional career. “Encouraging children to take up sports as a professional career can generate many socio-economic benefits. The role of sports in society is tremendous considering the positive impact on individuals and communities.’’

Oraganised by the Kendriya Vidyalaya Sangathan (KVS) and School Games Federation of India (SGFI) in KIIT Campus, the National School Games Rope Skipping event, brought together participants from across the country to fight it out for top honours in the under 14 Boys and Girls category. Moved by the enthusiasm of children, CMD of NALCO, said, ‘’It is a sheer joy to watch the children enjoy and compete. NALCO has declared this year as the Year of Happiness. Children should have a dream and it is our collective responsibility to do our best to fulfil that dream. Developing a sporting culture in our country is very important as sports have been used as a means to propagate friendship and peace. Indian can succeed in its mission of becoming a sporting Super Power if children are encouraged to take up sports by teachers and parents.’’

Addressing the gathering, Dr. Chand added, ‘’NALCO is doing its bit to support sports and sportspersons. This year the Company is going to put its might behind sports. NALCO will support 200 budding sportspersons and will aim to turn their dreams into reality by providing them facilities to compete at the highest level.’’

Dr. Chand complemented the SGFI and KVS for organising such a mega event smoothly.


NALCO Corporate Plan 2032 released by Secretary Mines, GoI

New Delhi, 08.01.2017:
NALCO Corporate Plan 2032 released by Secretary Mines, GoI

The Corporate Plan (2017-2032) of Navratna CPSE National Aluminium Company Limited (NALCO) was released by Shri Arun Kumar, IAS, Secretary, Ministry of Mines, in presence of Dr. K. Rajeswara Rao, Addl. Secretary, Shri N.K. Singh, Jt. Secretary, Ministry of Mines, Govt of India and Dr. Tapan Kumar Chand, CMD, NALCO, in New Delhi today.

With the release of Corporate Plan, Shri Arun Kumar, IAS, Secretary (Mines), appreciated the efforts of NALCO in formulating the plan that provides a strategic way forward for the company up to 2032. Worth mentioning that the long term corporate plan for the leading Aluminium & Alumina manufacturer of the country, has been prepared by top consultant M/s KPMG, to position NALCO in a growth trajectory taking into account emerging market conditions and evolving global scenarios. It may be noted that the Corporate Plan has been developed as per the guidelines of NITI Aayog, envisaging 3 years action plan, 7 years strategy and 15 years vision to have progressive growth of the company. This also includes a forward looking new vision, mission and values of the company which will give a direction to the company assuring steady growth, minimizing the price volatility of commodities while ensuring profitability.

The new plan envisages NALCO to reach a turnover of Rs. 18,171 crore with PAT of Rs. 1,693 crore by 2024 with enhancement of the smelting capacity to 1.1 million tons & refining capacity to 3.27 million tons. The long term strategy foresees the company to reach a turnover of Rs.31,248 crore and a PAT of Rs.3,010 crore by 2032.

The corporate plan also envisages backward integration to CT Pitch & Caustic Soda; forward integration to Extrusion, Foils & Castings; expanding value addition capacities in Wire rods & Rolled Products; diversifying into commercial mining in Bauxite & Chromite, Conductors & Lithium-Ion batteries.

Among others, Shri K.C. Samal, Director (Finance), NALCO & other officials of the Ministry of Mines & NALCO, were also present on the occasion.


Project dedication to Nation by Union Ministers, marks NALCO’s 38 th Foundation Day celebrations

Bhubaneswar, 05/01/2018:
Project dedication to Nation by Union Ministers

As part of its 38 th Foundation Day celebrations, held at Bhubaneswar, the Navratna CPSE, National Aluminium Company (NALCO) today dedicated three of its projects to the Nation. The projects included launching of mining activity at south block of Panchpatamali Bauxite Mines, 18.5 MW Turbo Generator at Alumina Refinery, Damanjodi and Nano Technology based Defluoridation Plant at Smelter, Angul. These projects were formally inaugurated through video conferencing by Shri Narendra Singh Tomar, Hon’ble Minister, Rural Development, Panchayati Raj and Mines, Govt of India, Shri Dharmendra Pradhan, Hon’ble Minister, Petroleum & Natural Gas, Skill Development & Entrepreneurship, Govt. of India. The union ministers in their message through video conferencing appreciated the efforts and achievements of NALCO in nation building and wished further success in coming days.

Hon’ble Union Minister, Shri Narendra Singh Tomar, in his message appreciated the dedicated & hard work put in by Dr. Tapan Kumar Chand, CMD, NALCO, along with his team in developing NALCO as a blue chip company at National and International level and elevated it to the present position admired in Industry circle.

On this occasion, awards were also presented to individuals and organizations for their significant achievements and contributions in various fields. NALCO felicitated Padmashree Prafulla Kar with lifetime achievement award and Padmavibhusan Pt. Hariprasad Chaurasia was also felicitated for his significant contributions. Besides, for this year, NALCO Kalidas awards were presented to Prof. Atul Kumar Nanda & Prof Sukanta Kumar Senapati for their contribution in Sanskrit literature. Similarly, NALCO Kharavela Awards were handed over to Shri Nirod Kumar Dehury, Ms. Sonali Mohapatra, Ms Manisha Manaswini, and Ms Sugyani Mahapatra for their significant achievements and contributions to Odissi Dance.

For 2018, NALCO Literary award were presented to Shri Dasarathi Das & Shri Shantanu Kumar Acharya. On this occasion, Shri Badri Prasad Mishra was also felicitated for his significant contributions to Environment Protections.

As part of company’s endeavor to encourage Swachhata drive in schools, NALCO awarded ‘Gul Gul- Kun Mun awards to 10 schools from Angul, Damanjodi & Vizag region.

Addressing the occasion, Dr. Tapan Kumar Chand, CMD, highlighted the company’s significant performance in last fiscal including the accolade achieved of being the lowest cost producer of Alumina in the world and also being the 2 nd highest net foreign exchange earning in the country. As a leading CPSE, the efforts put in by the employees have resulted in achieving 100% capacity utilization in NALCO’s Mines & Refinery, said Dr Chand.

On the sidelines of signing of MoU with National Skill Development Corporation with NALCO, Dr Chand said, “We aim to promote Skill Development including vocational skills among children, women, youth and differently abled, which would enhance employability and offer them better livelihood. This association reinforces our mission to take up sustainable development projects to support education, empower women along with income generation programme,” he added.

Among others, Shri Subash Chandra, Joint Secretary, Ministry of Mines, Govt. of India and Directors of the Company were notably present. To mark the occasion, a scintillating musical programme was performed by Ms Anuradha Paudwal & troupe.


NALCO FOUNDATION DAY LECTURE “Industry must ensure a quality Skill Development System for Youth of Odisha” : Dr. S.C. Jamir

Bhubaneswar, 04.01.2018:
quality Skill Development System for Youth of Odisha

His Excellency Dr. S.C. Jamir, Hon’ble Governor of Odisha, delivering the 17 th NALCO Foundation Day Lecture, in the presence of Dr. Tapan Kumar Chand, CMD and Shri B.K. Thakur, Director (HR)

His Excellency Dr. S.C. Jamir, Hon’ble Governor of Odisha has delivered the 17 th Edition of NALCO Foundation Day Lecture Series on ‘Advancing Opportunity for our Youth : Pathways to Economic Growth & Inclusion’, here today.

While delivering the welcome address, Dr. Tapan Kumar Chand, CMD, said that as a progressive and forward-looking company, NALCO has declared the year 2018 as the year of happiness for all its stakeholders. NALCO’s focus on 3D – Dedication, Determination and Discipline has made NALCO a collective acclaimed across the industries. In production, productivity and profitability, NALCO has posted strong performance with post GST quarter net profit registering 92% growth. NALCO has been consistently, during the last couple of years, rated as Excellent in Corporate Governance. Dr. Chand reiterated : “As a responsible CPSE, NALCO, along with its business, has been laying emphasis on the promotion and maintenance of pollution- free environment in all its activities. NALCO need to continuously work to realize the dream of people of Odisha – progressive and prosperous Odisha”

In his speech, Dr. S.C. Jamir stressed on the role of industry on in ensuring a quality Skill Development System that meets the needs of both the industry and employees and providing opportunity of growth for the youth of Odisha. Citing the Skill India Mission as an opportunity for industries to play an important role in bridging the skill gap in the country, he asked the industry leaders to come forward to address this issue. In this context, Dr. Jamir asked NALCO to take the lead as the company has an in-depth knowledge of the industry and play a key role in making sure training package meet the needs of the sector it represents. “NALCO is in the best position to identify skill gaps and emerging skill needs,” he added. He also appreciated NALCO’s efforts towards CSR and Social Innovation.

Also, on the occasion, various awards were presented to the respective winners. NALCO Green Energy Award, dedicated to engineering excellence for adoption of environmentally friendly technology leading to energy efficiency was handed over to Shri Amiya Kumar Samantray, CEO & Co-founder of Phoenix Robotix Pvt. Ltd. NALCO Smiles Award for the NGOs and Institutions, working towards the rehabilitation and resettlement of differently-abled children/persons was bagged by Shanta Memorial Rehabilitation Centre. NALCO Fine Arts Award instituted to recognize personalities who have been promoting fine arts of Odisha, was handed over to Shri Pravakar Maharana and Shri Manas Kumar Sahoo. NALCO Start-Up Award that celebrates the success story of a start-up from the state, making its presence felt in the industrial eco-system, was given away to Ms. Arati Devi.

The event began with a soulful invocation of the divine in the form of Odissi Dance. Shri B.K. Thakur, Director(HR) proposed a vote of thanks.


NALCO to dedicate to Nation 3 projects by Hon'ble Minister of Mines Shri Narendra Singh Tomar & Hon'ble Minister of Petroleum & Natural Gas Shri Dharmendra Pradhan

Bhubaneswar, 03.01.2018:
NALCO to dedicate to Nation 3 projects

NALCO, the Navratna CPSE has declared 2018 as the year of happiness for the shareholders. employees, contract employees, peripheral villages and other stakeholders. The CMD of the company, Dr. Tapan Kumar Chand said this while interacting with media persons on the backdrop of excellent performance of NALCO in the year 2017. "During last two years or more, NALCO has taken many initiatives in this direction and today NALCO has become a household name in Odisha. a blue chip company in India and a company to watch abroad. NALCO's focus on 3D - Dedication, Determination and Discipline have made the company a collective acclaimed all across the industries.

In his address, Dr. Chand highlighted the significant performance of NALCO in the year 2017:

  • 100% capacity utilization of Bauxite Mines
  • Achievement of 100% normative capacity of Alumina Refinery
  • Recognition as the lowest cost producer of Alumina for 2016 & 2017 by Wood Mackenzie.
  • Commissioning of first-of- its kind Detluoridation plant in the World using Nano based Emrion technology
  • Addition of a new value added product AA 3105 Alloy Fan Blade stock

In terms of financial results, there is a 94% growth in net profits in 2nd Quarter of 2017-18 and Net sales turnover has jumped 30% to Rs.4179 crore in first half 2017-18 from Rs.3224 crore of previous year, with net profit registering 42% growth. Also, the share price of NALCO has gone up by 31.7% during the calendar year.

In post-GST implementation w.e.f. 01.07.2017, NALCO's net gain was around Rs. 100 crore due to rationalization of taxes, which the company has graciously passed on to customers in terms of Rs.3000/- discount per ton of aluminium. Fortuitously, alumina & aluminium market have shown shines of firming up, particularly NALCO's strong alumina arm has leveraged the market b y going for sale through global spot tenders. This combined with 100% production in Mines & Refinery (alumina segment) and production optimisation in aluminium smelter have helped NALCO in registering robust growth in profit.

In the ensuing Foundation Day scheduled on 4 th and 5 th January 2018, the company will dedicate three projects

With a view to ensuring growth with profitability and sustainability, NALCO has introduced an all-weather New Business Model involving expansion, value addition, cost reduction and others. In the upcoming Foundation Day Celebration, the company will dedicate to the Nation the following three projects:

  • South Block Bauxite Mines, Panchpatmali, Odisha
  • 18.5 MW Turbo Generator at Alumina Refinery, Damanjodi
  • Nano Technology based Defluoridation Plant at Smelter, Angel

Besides, the company will sign MoU with National Skill Development Corporation (NSDC) in presence of Hon . ble Minister of Skill Development Shri Dharmendra Pradhan to set up a centre of excellence ‘Institute of Skill Development', which will impart training to the employable youth to make them industry-ready.

In the Foundation Day Programme, NALCO will also demonstrate its commitment for promoting cultural excellence of Odisha by giving recognition and Lifetime Achievement award to Shri Prafulla Kar, legendary singer of Odisha and special felicitation to Pandit Hariprasad Chaurasia, the living legend in music world. The Foundation Day Celebration on 5 th January will be held in Nalco Nagar from 2.30 pm onwards, with musical performances by noted singer Anuradha Paudwal, Sarrika Singh and Mahaprasad Kar. The programme Nvill start with Odissi Invocation Dance.

 

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