Bhubaneswar: National Aluminium Company (Nalco) is in the process of setting up a fifth stream in its existing alumina refinery in Odisha, an official said on Saturday. The refinery will add one million tonnes per annum (MTPA) to its existing capacity of 2.275 MTPA at a capital expenditure of Rs 5,540 crore. “The fifth stream will […]
Bhubaneswar: Odisha Governor S C Jamir today called on industries to ensure a quality skill development system to meet their own needs as well as provide growth opportunities to the youth. “The skills vs jobs requirement mismatch often leads to economically inactive working age group people. Therefore, industry must recognise the role of skilling to […]
Bhubaneswar: Industries in Odisha today decried the steep hike of 83 per cent in electricity duty for Captive Power Plants (CPPs) saying it will hamper investment and urged the state government for a roll back. Prominent industries including NALCO, JSPL, Vedanta, HINDALCO, PPL, MCL, JSL, IMFA, Nava Bharat, Tata Steel, Tata Iron and Sponge, FACOR […]
Bhubaneswar: Union Power and Coal Minister Piyush Goyal today dedicated to the nation 4 wind power plants built by NALCO and annuonced an expansion plan for the aluminium major to raise its capacity to 1 MTPA. “We are taking concrete steps to increase production of NALCO. There is a major expansion programme to raise its […]
Bhubaneswar: Industries must focus on compensation for contract labour which has become a key player in shaping productivity and growth, CMD of aluminium major NALCO, Tapan Kumar Chand said today. “Contemporary industrial scenario is marked by emergence of knowledge worker and focus is on contract labour. The contract labour is no more a minor partner […]
Bhubaneswar: Navaratna PSU Nalco is planning to increase its purchase preference from MSMEs from the existing 15 per cent to 20 per cent. Nalco chairman-cum-managing director T K Chand also said the company would enhance the procurement volume from the MSME sector. “While Nalco provides a large market for the MSMEs of Odisha and has […]
Bhubaneswar: National Aluminium Company Limited (Nalco) and Neelachal Ispat Nigam Limited (NINL) have signed an MoU to set up a joint venture company for producing coal tar pitch in Odisha. “The agreement is part of the new business plan of Nalco to ensure backward integration and sustain the plans for forward integration,” said Nalco CMD […]
Bhubaneswar: Despite a world-wide sluggish market in metal sector, Navratna PSU Nalco has registered an impressive performance in the first half of 2016-17 fiscal. While bauxite mining was up by 23.6 per cent at 35.08 lakh tonnes as compared to the corresponding six months of the previous financial year, the alumina hydrate production rose by […]
Bhubaneswar: State-run Nalco today inked a pact with the Union Ministry of Mines to meet revenue target Rs 7,100 crore revenue from operations. The MoU was formulated as per the new guidelines of Department of Public Enterprises and finalised after discussions with both an Inter-Ministerial Committee as well as Ministry of Mines. The MoU was […]
Bhubaneswar: Navaratna PSU National Aluminium Company Limited (NALCO) has been granted Pottangi Bauxite Mines, in Koraput district of Odisha, where the company s 22,75,000-tonne lumina refinery is located. NALCO has been granted the mining lease of Pottangi with an area covering 1,738 hectares for a period of 50 years, a company release said here today. […]
Bhubaneswar, Apr 8 (PTI) National Aluminium Company (Nalco) has decided to install solar electrification systems in 163 periphery villages in tribal dominated Damanjodi sector of Odisha’s Koraput district, where the company’s Mines & Refinery Complex is located. The Rs 9-crore project would be executed through Nalco Foundation, the CSR arm of the company. The Foundation […]
Navratna PSE Nalco has announced its decision to institute an award in memory of Mahari exponent Adi Guru Pankaj Charan Das for preserving and promoting the rich culture of the state
Nalco CMD Ansuman Das has been elected as the Chairman of Confederation of Indian Industry (CII), Odisha chapter
State-run NALCO has set up its second wind power plant...
National Aluminium Company Ltd (NALCO) on Wednesday reported a jump of 10 per cent in net profit at Rs 131 crore for the third quarter ended December 31
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