National Aluminium Company Limited (NALCO), a ‘Navratna’ company under the Schedule ‘A’ category of CPSE’s, was founded on 7th January, 1981 with its registered office in Bhubaneswar. It is one of ...
National Aluminium Company Limited (NALCO), a ‘Navratna’ company under the Schedule ‘A’ category of CPSE’s, was founded on 7th January, 1981 with its registered office in Bhubaneswar. It is one of the country’s largest bauxite, alumina, aluminium and power complex. Currently, the Indian government owns 51.28% of NALCO’s equity capital. The Company has its captive Panchpatmali Bauxite Mines for the pit head Alumina refinery at Damanjodi in Koraput district and Aluminium Smelter, Captive Power Plant & Captive coal mines at Angul, in Odisha. The Company has a 68.25 lakh TPA Bauxite Mine & 21.00 lakh TPA (normative capacity) Alumina Refinery located at Damanjodi in Koraput district of Odisha and 4.60 lakh TPA Aluminium Smelter, 1200MW Captive Power Plant & 40.00 lakh TPA Coal Mines located at Angul, Odisha. The Company has regional sales offices in Delhi, Kolkata, Mumbai and Chennai and 7 operating stockyards at various locations in the country to facilitate domestic consumers. In addition, NALCO has its own bulk shipment facility for export of alumina at Visakhaptanam, Andhra Pradesh. As a part of green initiative, NALCO has installed 198 MW Wind Power Plants at various locations in India and 1020 kWp roof top Solar Power Plants at its premises to join hands for carbon neutrality. From the days of its first commercial operation in 1987, the Company has continuously earned profits for last 38 years. NALCO is one of the leading foreign exchange earning CPSEs of the Country. The Company continues to retain its position of lowest cost producer in Bauxite and Alumina production in the World. During FY 2024-25, NALCO achieved highest ever net profit of Rs 5,325 crore , registering a robust increase of 158% year-on-year (YoY) and highest ever revenue from operations of ₹16,788 crore (28% year-on-year growth). NALCO also achieved the highest-ever annual Bauxite excavation, Net-Power generation, Domestic Aluminium Sales in FY 2024-25. NALCO is the first Public Sector Company in the Country to venture into international metal market in a big way with its registration with London Metal Exchange (LME) since May’89. The Company is listed on the Bombay Stock Exchange (BSE) since 1992 and on the National Stock Exchange (NSE) since 1999. The company has multiple ISO certifications, including ISO 9001, ISO 14001, ISO 45001, ISO 50001, and SA 8000. The Data Centre at NALCO’s Corporate Office and the Disaster Recovery Site at the Alumina Refinery have been awarded the ISO 27001:2013 Certification for Information Security Management System, accredited by International Accreditation Services, USA. To face the challenges of ever-evolving market and position the Company in a sustainable growth path, a corporate plan has been developed with a vision “To be a Premier and Integrated Company in the Aluminium value chain with strategic presence in Mining both domestic & global, Metals and Energy sectors”. The Corporate Plan has chalked out a roadmap for multifold growth in revenue and Profit by 2032. []