Tapan Kumar Chand

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

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...

Events

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 […]

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 […]

Nalco Inks Agreement with Indian Steel Company to Make Coal Tar Pitch

India’s National Aluminium Company Limited (NALCO) & Neelachal Ispat Nigam Limited (NINL) executed a Memorandum of Understanding last week regarding establishing a joint venture for the production of coal tar pitch. The agreement is part of Nalco’s wider business plan to continue building towards backward integration for sustaining its mainline operations. The plan is to […]

Nalco Plans to Increase Capacity in Next Fiscal Year

India’s National Aluminium Company (Nalco) announced late last week that it is planning to boost production in the coming fiscal year. According to statements reported upon by the domestic media, Nalco’s Chairman and Managing Director Tapan Kumar Chand will boost Nalco’s overall production to over 7.3 million metric tons (73 lakh tons). Nalco’s current capacity […]