National Aluminium Company Limited

Nalco to Partner with Odisha Government on Aluminium Park

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...

Events

Nalco Records 25% Jump in Net Profit in Closing Quarter of FY2016-2017

India’s state-owned metals firm National Aluminium Company Limited (NALCO) released financial numbers for the fourth quarter of FY2016-2017 on Saturday. Growth in production, an uptick in productivity, and stronger sales helped the firm turn a profit in the quarter that ended in March. Nalco showed a year-on-year net profit growth in the quarter of 25.23%, […]

India’s Domestic Aluminium Demand to Outpace GDP: Nalco’s Chand

In an interview with domestic media, the Chairman and Managing Director of India’s National Aluminium Company (NALCO) predicted that the company’s gains in the coming months and years are likely to come from the infrastructure, power transmission, and construction sectors. Dr. Tapan Kumar Chand told the India Times that Nalco is preparing to boost output […]

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 […]

Captive Coal Cache to Nudge Nalco’s Aluminium Business Into the Black: CMD Chand

India’s National Aluminium Company (Nalco) expects to return its aluminium business’ bottom line into the black in two years thanks to the captive power source it will soon begin to utilize in the state of Odisha. “With the commencement of coal production from Utkal-D and Utkal-E blocks, the power cost will plunge which will make […]

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 […]