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NALCO Reviews

Bhubaneswar, Odisha

4.0/ 5

1 review

National Aluminium Company Limited (NALCO) is a prominent 'Navratna' Central Public Sector Enterprise (CPSE) under the Ministry of Mines, Government of India. Established on January 7, 1981, and headquartered in Bhubaneswar, Odisha, NALCO stands as one of India's largest integrated bauxite, alumina, aluminium, and power complexes. The Government of India retains administrative control over the organization, holding a 51.28% equity stake. Since its inception, NALCO has played a critical role in advancing India towards self-sufficiency in aluminium production, leveraging state-of-the-art technology to achieve international quality standards. The core operations of NALCO encompass the entire aluminium value chain, ranging from bauxite mining to alumina refining, primary metal smelting, power generation, and rail and port logistics. The company operates the captive Panchpatmali Bauxite Mines, which has a capacity of 68.25 lakh TPA, feeding its pit-head Alumina Refinery located at Damanjodi in the Koraput district of Odisha. This refinery possesses a normative capacity of 21.00 lakh TPA. Furthermore, NALCO runs a 4.60 lakh TPA Aluminium Smelter alongside a 1,200 MW Captive Power Plant and 40.00 lakh TPA captive coal mines located at Angul, Odisha. To facilitate its international trade, the corporation possesses dedicated bulk shipment facilities for exporting products at the Visakhapatnam and Paradip ports. Globally, NALCO has achieved the prestigious distinction of being identified as the lowest-cost producer of both Bauxite and Alumina in the world, according to industry reports by Wood Mackenzie. Its primary commercial product lineup features high-quality aluminium metal configurations including ingots, alloy ingots, T-ingots, sows, billets, and wire rods. Backed by excellent metal purity, NALCO became the first public sector company in India to enter international metal markets in a major way, registering its products with the London Metal Exchange (LME) in May 1989. For domestic consumers, the company operates regional sales offices in Delhi, Kolkata, Mumbai, and Chennai, supported by multiple operating stockyards across the country. In alignment with global sustainability standards and green energy transitions, NALCO has diversified into renewable energy infrastructure. The company has established 198 MW of wind power plants across several states, including Rajasthan, Andhra Pradesh, and Maharashtra, alongside rooftop solar power installations at its corporate and research premises to advance carbon neutrality. Financially, NALCO has maintained an unbroken record of profitability for nearly four decades. The company is publicly traded on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Led by Chairman and Managing Director Brijendra Pratap Singh, NALCO continues to enhance industrial growth while consistently expanding its capabilities through strategic brownfield expansions, such as the development of the Pottangi bauxite mines and a 5th stream refinery upgrade.