National Aluminium Company Limited

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

Global Aluminium Prices to Continue to Rise: Nalco’s Chand

Nalco’s top official says that waning fundamentals for aluminium manufacturers in the People’s Republic of China and Beijing’s announced plans to curtail further capacity could foster a rise in the metal’s prices at the London Metal Exchange. Nalco Chairman and Managing Director (CMD) Dr. Tapan Kumar Chand addressed shareholders at the company’s annual general meeting […]

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 […]

Indian Federal Government Sets March 2018 Completion Date for Angul Aluminium Park

India’s federal government has requested a hastening of Odisha’s government in construction of the aluminium park at Angul, targeting a completion date of March 2018 for the project. A letter drafted by Secretary of the department of Industrial Policy and Promotion (DIPP) Ramesh Abhishek to Chief Secretary Aditya Prasad Padhi sought the date, calling into […]

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 […]