National Aluminium Company

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

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)...

Events

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 […]

Nalco to Open New Bauxite Mine at Panchpatmali

A senior official in India’s government told domestic media this week that state-owned National Aluminium Company Limited (Nalco) recently begun the process of opening a new mine at its operations in Panchpatmali. Citing the delays encountered by the firm in obtaining a new mining area, the unnamed official said such a move would help Nalco […]

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 […]