National Aluminium Company Limited
Company typePublic
NSENATIONALUM
BSE532234
IndustryMining
Power
Headquarters,
India
Key people
Sridhar Patra
(Chairman & MD)
ProductsBauxite
Aluminium
Alumina Hydrate
RevenueIncrease 14,170 crore (US$1.8 billion) (FY22) [1]
Increase 3,677.12 crore (US$460 million) (FY22)[1]
Increase 2,955.95 crore (US$370 million) (FY22)[1]
Total assetsDecrease 14,549.62 crore (US$1.8 billion) (2020)[1]
Total equityDecrease 9,988.07 crore (US$1.3 billion) (2020)[1]
OwnerGovernment of India (51.50%)[2]
Number of employees
6,496 (April 2019)[3]
Websitenalcoindia.com

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.

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 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.

Operations

NALCO is headquartered at Bhubaneswar, Odisha.

NALCO operates from two major Units

Products

Main products of NALCO are as follows:

Aluminium Metal

Alumina & Hydrate

Rolled Product

Power

Employees

As of June 2019, there were 6496 employees on the company's roll.

Expansions

Research & Development

Right to Information Act

See also: Right to Information Act

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]

See also

References

  1. ^ a b c d e "Balance Sheet 31.03.2020".
  2. ^ a b "Latest Shareholding Pattern – National Aluminium Company Ltd". trendlyne.com. Retrieved 7 August 2020.
  3. ^ https://nalcoindia.com/wp-content/uploads/2019/08/Annual-Report_38th-AGM.pdf [bare URL PDF]
  4. ^ "No information on corruption in Nalco: RTI reply". 5 November 2013. Retrieved 5 November 2013.
  5. ^ "Information Philosophy in NALCO". Retrieved 5 November 2013. Archived 23 March 2019 at the Wayback Machine