Tag: Nalco

By Shubhankar Behera Bhubaneswar: Aluminium major National Aluminium Company (Nalco) has decided to keep its proposed $2billion smelter unit in Iran in abeyance due to global downturn in aluminium market. The State-owned company is expected to review its decision sometime early next year, a company official said. “Looking at the volatility in global aluminium market, […]

Talcher: The economic blockade called by Talcher Suraksha Manch demanding fulfillment of a 12-point charter of demands entered the second day on Tuesday. According to sources, the blockade has adversely affected coal production at all mines of Mahanadi Coalfields Ltd (MCL). Transportation of coal to Nalco and NTPC has also come to a halt due […]

Union Mines Secretary Balvinder Kumar today said Navratna PSU Nalco will work towards sprucing up and maintaining cleanliness the area outside the Sri Mandir in Puri.

State-run aluminium major Nalco's consistent performance in terms of production, productivity and profitability is commendable despite a meltdown in global markets, Union Steel and Mines Minister Narendra Singh Tomar said today

The Twin City Commissionerate Police was on Monday provided with five new PCR vans by the State PSU National Aluminium Company (Nalco)

Bhubaneswar/New Delhi: Despite being a profit-making Public Sector Undertaking, Nalco’s disinvestment has drawn a lot of opposition from the ruling BJD which continues to urge the Central government to reconsider the decision. Yesterday, all the BJD’s 23-member Parliamentary party met Union Steel and Mines minister Narendra Singh Tomar demanding withdrawal of disinvestment. The party MPs […]

Navratna public sector undertaking National Aluminium Company (Nalco) has recorded 170 percent increase in its net profit for October-December quarter of the current fiscal at Rs 354 crore as compared to Rs 131 crore in the corresponding period of the previous year

Going by the free availability of fly-ash from Nalco, ever-expanding market for bricks made of the stuff, easy and attractive bank loans as well as government’s new guidelines and single-window clearance policy, about 100 fly-ash brick manufacturing units could be set up in Angul district gainfully, District Industries Centre general manager Nirakar Mishra said while speaking at a workshop here

Bhubaneswar: National Aluminium Company (NALCO), the Navratna public sector undertaking (PSU) under Mines ministry, has won the eastern region gold trophy of Engineering Export Promotion Council (EEPC).

Bhubaneswar: Praising Prime minister Narendra Modi’s ‘Make in India’ campaign and the recent stand against Pakistan, former secretary in the Ministry of External Affairs (MEA), Vivek Katju said it is the need of the hour India should nurture good relations with its neighbours.

Bhubaneswar: Central government-owned public sector company National Aluminium Company Limited (Nalco) today appointed V. Balasubramanyam as the new executive director of production of the company on superannuation of S.S. Mahapatra yesterday. Balasubramanyam, a BTech in Chemical Engineering from Anna University in Chennai in 1984, started his career with the Navratna company in December 1984 as […]

Bhubaneswar: Union Mines Secretary Anil Mukim on Thursday urged the stakeholders to work towards increasing the domestic consumption of aluminium in a sustainable manner and make it the metal of choice for the future. Addressing the International Conference on Aluminium (INCAL 2019) here, he stressed on value addition in the aluminium industry and encouraging the […]

Bhubaneswar: Buoyed by increasing domestic demand on the back of infrastructural development, state-run National Aluminium Company Ltd (Nalco) plans to embark upon a Rs 25,000 crore brownfield and Rs 20,000 crore greenfield expansion in the next few years, its Chairman and Managing Director T.K. Chand said, adding this should eventually improve the bottomline by Rs […]

Bhubaneswar: National Aluminium Company Ltd (NALCO) on Sunday said it is preparing a game-changing business model that will bring an additional Rs 935 crore net profit to the company. “The model provides for focusing operation of Utkal-D coal block, commissioning of 1 million tonne alumina refinery, setting up of Wire Rod Mill 3, bringing into […]

Bhubaneswar: The National Aluminium Company Limited (Nalco) has achieved a net profit of Rs 235 crore for the second quarter in the financial year 2017-18. According to the reviewed financial results for the second quarter taken on record by the Board in the meeting held here on Saturday, Nalco has achieved net profit of Rs […]