अपडेट
Visit: Ministry of Mines is organizing a national event to mark the Handing over of 100 G4 Mineral Blocks by GSI to the State Governments on September 8th, 2021, at 3 PM at New Delhi with FICCI 06/09/2021     | Geological Survey of India (GSI), under the aegis of Ministry of Mines is organizing a national event to mark the Handing over of 100 G4 Mineral Blocks by GSI to the State Governments on September 8th, 2021, at 3 PM at New Delhi with FICCI. Click here to register. 06/09/2021     | NOTICE Regarding Employment Fraud 02/09/2021     | “कृपया ध्यान दें: शेयरधारक ((ई-मेल आईडी और मोबाइल नंबर का पंजीकरण) 13/08/2021     | Global Tender Enquiry (GTE) for Engagement of EPCM Consultant for Establishing Facility for Aluminium Alloy Melting, Slab Casting and Flat Rolled Products Production Facility at Nellore, Andhra Pradesh, India. 10/08/2021     | Request for Expression of Interest for Lithium Ore Offtake from reputed Indian Firm(s) / Lithium Processing Technologist / Consortium from prospective mining facilities of KABIL and its international partners for import of ore/product to India 03/08/2021     | भारत के राष्ट्रगान के लिए अपने प्रस्तुतिकरण का योगदान करेंः https://rashtragaan.in/ 02/08/2021     | परिणाम – गेट – 2020 के माध्यम से स्नातक अभियंताओं की भर्ती 29/06/2021     | List of Shortlisted Candidates for Group Discussion / Personal Interview for Selection of Assistant Manager (Finance) – E02 Against Advertisement No 10200101. 10/05/2021     | List of Short-listed Candidates for GET-2020 Interview. 11/01/2021     | Recruitment of Doctors – 2020 12/10/2020     | NIT for Engagement of Consultant for preparation of EIA and EMP study to obtain EC to set up High End Aluminium Alloy project by “Utkarsha Aluminium Dhatu Nigam Ltd.” 16/07/2020     | Deposit of one time Registration fees for PRMBS 26/06/2020     | Covid Mailer from Ministry 06/05/2020     | Integrated Govt. Online Training ( iGOT) courses on DIKSHA platform on Covid 19 pandemic 22/04/2020     | Circular : Integrated Govt. Online Training (iGOT) courses on DIKSHA platform on COVID-19 pandemic 22/04/2020     | EOI – for SUPPLY, INSTALLATION, OPERATION AND MAINTENANCE OF GPS & GPRS BASED INTEGRATED RAKE TRACKING SYSTEM IN CAPTIVE POWER PLANT, ANGUL, ODISHA 11/04/2020     | Advertisement of PESB for the post of Director(Commercial) 18/03/2020     | The corrigendum against the Advt. no 10200101 13/03/2020     | आज माननीय खान मंत्री श्री प्रल्हाद जोशी की उपस्थिति में संयुक्त उद्यम खनिज बिदेश इंडिया लिमिटेड (KABIL) का समझौता खान मंत्रालय के अंतर्गत नालको, एचसीएल और एमईसीएल द्वारा किया गया | 01/08/2019     | 2019-20 के लिए PRMBS योगदान का संशोधन 02/04/2019     | अनुसूचित जाति/अनुसूचित जनजाति के उद्यमियों से विक्रेता पंजीकरण के लिए बुलावा 24/01/2019     | कें.सा.क्षे.उ. इंटरनेट के लिए समन्वय ज्ञान प्रबंधन पोर्टल के बारे में जानकारी 10/08/2018     | सार्वजनिक सूचना 26/01/2018     |
Press Release

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

calender09/08/2018
Mines-Secretary

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

Bhubaneswar, 09/08/2018: 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.