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NALCO to invest Rs.30,000 crores for expansion and business diversification: Union Mines Minister Shri Pralhad Joshi

It is indeed commendable that NALCO, which started with a modest investment way back in 1981 continues its leadership position with excellent performance for more than four decades. Forty glorious years of sustainable growth reflects the fact that NALCO has matured in the business cycle and now exponential growth and expansion will take this CPSE to the next level of ...

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NALCO registers net profit of Rs.107crore in 2ndQtr of FY21

Despite the challenging business environment, National Aluminium Company Limited (NALCO) registered a net profit ofRs. 107.45crore in Q2of FY21.During the quarter, the revenue from operations have beenRs. 2375crore, registering 72% growth over Q1 of FY21.In the first quarter of FY21, revenue from operations was Rs 1381 crore. On half-yearly basis,the Company has registered a net profit of Rs. 124 crore ...

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NALCO clocks all time high production of bauxite and alumina amidst corona crisis

National Aluminium Company Limited (NALCO), the Navratna CPSE, under Ministry of Mines, Govt. of India and country’s leading manufacturer and exporter of alumina and aluminium has recorded an all-round success in bauxite and alumina productions in the Fiscal 2019-20.  It may be mentioned that with more than 100% capacity utilization, NALCO’s Panchpatmali Mines has achieved bauxite production of 73.02 lakh ...

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NALCO holds 38th Annual General Meeting

    NALCO announces record 115% dividend amounting to Rs.1072.73 crore for 2018-19 • Best Performance in a Decade with Rs.1,732 Crore Net profit, a growth of 29% over previous year 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 ...

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NALCO wins Best Export Performance Award

In recognition of the stellar role played by NALCO among the public sector undertakings (PSUs) in the Indian economy as well as in the wider socio-economic development, Navratna NALCO has bagged the award for Best Export Performance in the Dun & Bradstreet PSU Awards 2019. The award was presented by Union Minister of Heavy Industries and Public Enterprises Shri Arvind Sawant at ...

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Sridhar Patra to take over as CMD, Nalco

 Sridhar Patra has been selected by the Public Enterprises Selection Board (PESB) for the post of Chairman cum Managing Director (CMD) of National Aluminum Company (Nalco). Patra is currently serving as its Director (Finance). Patra will take over as CMD of the navaratna PSU on December 1 this year upon the superannuation of the incumbent CMD Dr. Tapan Kumar Chand. ...

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NALCO apprentice trainee died, family compensated

Apprentice trainee at NALCOs Smelter Plant, Angul Shri Rajanikant Parida breathed his last yesterday, August 8,2019 at Aswini Hospital, Cuttack. He had sustained burn injury at Angul plant. Earlier on August 06, Dr. Tapan Kumar Chand, CMD and Shri B.K. Thakur, Director (HR) visited the hospital and discussed with the doctors on treatment of Parida. During their visit to the ...

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NALCO TO GET PRESIDENT’S AWARD FOR EXCELLENT CSR IN RECOGNITION OF NALCO KI LADLI SCHEME

National Aluminium Company Limited (NALCO), the Navratna CPSE under Ministry of Mines, Govt. of India, has been selected for the prestigious President’s Award for Excellent CSR. It may be mentioned that the Corporate Affairs Department, Govt of India, has selected NALCO for this award at the national level for introducing and implementing schemes like Nalco ki Ladli. Many social organizations have ...

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NALCO breaks previous records of last 10 years in 3P – Production, Productivity & Profitability

  National Aluminium Company Limited (NALCO), the Navratna CPSE, under Ministry of Mines, Govt. of India and country’s leading manufacturer and exporter of alumina and aluminium has recorded an all-round success and global benchmarks in the Fiscal 2018-19. Along with significant achievements on production front, NALCO achieved the distinction of lowest cost producer of alumina in the World (as per the ...

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Industry-Academia Roundtable a big draw in INCAL 2019  

  The Industry-Academia Roundtable in the ongoing 3-day International Conference on Aluminium (INCAL) in Bhubaneswar has provided an engaging platform to deliberate on the yawning gap that exists between the skill-set requirements of the industries and what are being provided by the institutions to the youth.       ‘’We thought it appropriate to bring the industry captains and top academicians under one ...

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