nalco

Nalco Nixes Overseas Expansion Projects to Focus on Increasing Domestic Capacity

Nalco Nixes Overseas Expansion Projects to Focus on Increasing Domestic Capacity

India’s state-owned smelter National Aluminium Company Ltd (Nalco) announced yesterday that all overseas projects have been put on hold so that the company could concentrate upon increasing its domestic capacity. Among the projects put on hiatus is Nalco’s investigation of building a...

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Events

Nalco Plans 150-mW Wind Power Facility in Odisha

Nalco Plans 150-mW Wind Power Facility in Odisha

India’s state-owned aluminium firm National Aluminium Company Limited (Nalco) announced a plan late last week to build a 150-mW wind power farm in Odisha. The plant, which could cost in the neighborhood of US$140 million, is intended to support Nalco’s one-million-metric-ton capacity expansion at facilities in the eastern state. “While the Nation is transforming into […]

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Despite Tough Aluminium Market, Nalco’s Financial and Production Numbers Up in the Last Quarter

Despite Tough Aluminium Market, Nalco’s Financial and Production Numbers Up in the Last Quarter

India’s state-owned National Aluminium Company (Nalco) released results for the third quarter of the current fiscal year last week. The country’s top manufacturer and exporter of alumina and aluminium turned in positive results in the face of a still-struggling global commodities market. Nalco’s net profit for the quarter ending in December was INR144 crore, better […]

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Nalco Inks Power Deal with Plant to Fuel New Aluminium Smelting Capacity

Nalco Inks Power Deal with Plant to Fuel New Aluminium Smelting Capacity

India’s National Aluminium Company (Nalco) announced an agreement last week to purchase eighty percent of the power produced by the plant proposed to be built at Gajamara. The US$2.1 billion coal-fired plant is a joint venture between Nalco and National Thermal Power Corporation Limited (NTPC) and is expected to generate 2,400 Mw. “Nalco will be […]

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Indian Aluminium Firms Increase Push for Minimum Import Price

Indian Aluminium Firms Increase Push for Minimum Import Price

India’s aluminium producers have ramped up the call for a minimum import price (MIP) on the metal as the government’s budget for the next fiscal year continues to be hashed out. Indian producers have faced an increasing onslaught of cheap aluminium from overseas during the past several years, especially from the Mideast and the People’s […]

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Nalco Considering Sale of Alumina to Vedanta

Nalco Considering Sale of Alumina to Vedanta

India’s National Aluminium Company (Nalco) may finally be given the green light to sell alumina to private-sector rival Vedanta plc, as the Indian government has requested the state-owned firm to look into sales of the aluminium precursor to the London-based miner. Both Nalco and Vedanta operate refineries and smelters in the eastern state of Odisha, […]

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