National Aluminium Company Limited (Nalco)

Nalco Mulling Second Caustic Soda Plant in Gambit to Drop Aluminium Production Costs

Nalco Mulling Second Caustic Soda Plant in Gambit to Drop Aluminium Production Costs

India’s state-owned metals firm National Aluminium Company Limited is weighing the merits of opening a second caustic soda plant in an effort at reining in ever-increasing overhead costs. Nalco’s Chairman and Managing Director Dr. Tapan Kumar Chand revealed the same to domestic...

Events

Nalco to Look to Renewable Energy for Growing Power Needs

According to the company’s annual report, Indian state-run aluminium firm National Aluminium Company (Nalco) has decided to turn to renewable energy to satisfy its growing power needs. At present, Nalco derives over 100 mW of power from two wind farms, one each at Rajasthan and Maharastra, the result of an investment of ₹6.7 billion (US$104 […]

Nalco to Capitalize Upon Expected Stronger Market This Fiscal Year: CMD Chand

In a wide-ranging interview with India’s ET Now, National Aluminium Company’s (Nalco) Chairman and Managing Director Tapan Kumar Chand predicted stronger performances this fiscal year by both his firm and the global aluminium market at large. Chand said that, despite continuing overproduction by smelters in the People’s Republic of China, aluminium prices are well on […]

Nalco to Partner with Odisha Government on Aluminium Park

Odisha’s government announced on Friday that it has entered into a partnership with National Aluminium Company Limited (NALCO) to establish an aluminium park in Angul. Nalco will be partnering with the Odisha Industrial Infrastructure Development Corporation (IDCO) by dedicating ₹1.8 billion (US$27.9 million) on infrastructure to support the complex. Initial estimates indicate that the project […]

India’s Aluminium Firms Register Protest Against Odisha’s Massive Hike in Power Duty

Indian aluminium giants National Aluminium Company Limited (Nalco), Vedanta Resources plc, and Hindalco Industries Ltd. have joined in a petition to the state government of Odisha seeking revocation of a recent gargantuan hike in the state’s power duty that they say has had a tremendous negative impact upon production costs. Odisha’s power duties have risen […]

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 smelting operation in Iran. “Iran’s proposal is attractive as long as gas prices […]