National Aluminium Company Limited (NALCO) is a Navratna CPSE (Central Public Sector Enterprise) under the Ministry of Mines, Government of India. Established on 7th January 1981, NALCO is one of the largest integrated aluminium producers in Asia, encompassing bauxite mining, alumina refining, aluminium smelting, and power generation. Headquartered in Bhubaneswar, Odisha, India, NALCO operates across the entire aluminium value chain, from mining to finished products, catering to diverse sectors such as aerospace, automotive, construction, packaging, and electrical industries.
History:
The journey of NALCO began with the vision of achieving self-sufficiency in aluminium production and fostering industrial development in India. The company was incorporated as a public sector undertaking under the Companies Act, 1956, with the primary objective of harnessing India's abundant bauxite and hydropower resources to produce high-quality aluminium and its derivatives.
Operations:
Bauxite Mining: NALCO owns and operates bauxite mines in Odisha, India, which are a major source of raw material for its alumina refinery. The company's mines are known for their high-grade bauxite reserves and sustainable mining practices.
Alumina Refining: NALCO operates an alumina refinery located in Damanjodi, Odisha, which converts bauxite into alumina (aluminium oxide) through the Bayer process. The refinery has a high production capacity and produces premium-quality alumina for internal consumption and export.
Aluminium Smelting: NALCO owns and operates an aluminium smelter plant located in Angul, Odisha, where alumina is smelted to produce primary aluminium ingots and billets. The smelter plant is equipped with state-of-the-art technology and has a significant production capacity to meet domestic and international demand.
Power Generation: NALCO operates captive power plants at its mining and smelting facilities to ensure uninterrupted power supply for its operations. The company utilizes renewable energy sources such as hydropower and wind power to minimize its environmental footprint and promote sustainable development.
Products and Markets:
NALCO manufactures a wide range of aluminium products, including ingots, billets, wire rods, rolled products, extrusions, and alloys, catering to diverse industrial applications. The company serves domestic and international markets, exporting its products to countries across Asia, Europe, the Americas, and Africa.
Corporate Social Responsibility (CSR):
NALCO is committed to corporate social responsibility (CSR) initiatives aimed at promoting sustainable development, community welfare, and environmental conservation in the regions where it operates. The company invests in education, healthcare, infrastructure development, skill development, and environmental conservation projects to empower local communities and enhance their quality of life.
Recognition and Awards:
NALCO has received numerous awards and accolades for its excellence in corporate governance, environmental stewardship, occupational health and safety, and social responsibility. The company's achievements have been recognized by government bodies, industry associations, and international organizations, highlighting its leadership position in the aluminium industry.
References:
- National Aluminium Company Limited Official Website
- Ministry of Mines, Government of India
- Economic Times
- Business Standard
- Aluminium Association of India
