National Aluminium Company
Indian mining and power corporation From Wikipedia, the free encyclopedia
Indian mining and power corporation From Wikipedia, the free encyclopedia
National Aluminium Company Limited (abbreviated as NALCO; incorporated in 1981) is an Indian public sector company having integrated and diversified operations in mining, metal and power. Presently, the Government of India holds a 51.28% equity stake in NALCO,[2] while the Ministry of Mines has administrative control over the company.
Company type | Public |
---|---|
NSE: NATIONALUM BSE: 532234 | |
Industry | Mining Power |
Headquarters | , India |
Key people | Brijendra Pratap Singh (Chairman & MD) |
Products | Bauxite Aluminium Alumina Hydrate |
Revenue | ₹14,170 crore (US$1.7 billion) (FY22) [1] |
₹3,677.12 crore (US$440 million) (FY22)[1] | |
₹2,955.95 crore (US$350 million) (FY22)[1] | |
Total assets | ₹14,549.62 crore (US$1.7 billion) (2020)[1] |
Total equity | ₹9,988.07 crore (US$1.2 billion) (2020)[1] |
Owner | Government of India (51.50%)[2] |
Number of employees | 6,496 (April 2019)[3] |
Website | nalcoindia |
It is one of the largest integrated bauxite–alumina–aluminium–power complex in the country, encompassing bauxite mining, alumina refining, aluminium smelting and casting, power generation, rail and port operations.
The company pursues its R&D activities fervently and has already filed 36 patents out of which 17 patents have been granted and 5 have been commercialized until Dec 2018.
The company is the lowest-cost producer of metallurgical grade alumina in the world and lowest-cost producer of bauxite in the world as per a Wood McKenzie report. With sustained quality products, the company's export earnings accounted for about 42% of the sales turnover in the year 2018–19 and the company is rated as third-highest net export earning CPSE as per a Public Enterprise Survey report.
The company is harnessing renewable energy aligning to the ambitious programmes of the Indian government. The company has already commissioned 198 MW wind power plants and further 50 MW wind power plants are in pipeline, making it the highest producer of renewable energy among PSUs.
NALCO is headquartered at Bhubaneswar, Odisha.
NALCO operates from two major Units
Main products of NALCO are as follows:
Aluminium Metal
Alumina & Hydrate
Rolled Product
Power
As of June 2019,[update] there were 6496 employees on the company's roll.
NALCO has set up a research center “NALCO Research & Technology Center (NRTC)” at Gothapatana, Bhubaneswar. This Research Center is equipped with QEMSCAN (SEM-EDX), XRD, XRF, ICP-MS, Sedigraph, Laser Particle size analyser, UTM, DSC, TGA, ICP-OES, BET Analyzer, Potentiometer, OES, CHNS Analyzer, Metallurgical Microscope, Whiteness Index meter etc. The testing activities at NRTC has been started from 2019 on regular basis. R&D wing of NALCO Research and Technology Center has been recognized by DSIR, Government of India on 29.05.2020. Testing of outside samples on chargeable basis has been started and detail information is available at NALCO website (www.nalcoindia.com).
Since NALCO is a public authority, it comes under the Right to Information Act. Thus, NALCO is required to provide information to various RTI queries asked by general public.[4][5]
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