Bharat Aluminium Company Limited (BALCO) was established in 1965 as a Public Sector undertaking in Korba, Chhattisgarh. After its disinvestment in 2001, the Vedanta Group has taken over its management. The plant is hailed as one of India’s greatest disinvestment turnaround success stories, with a massive production capacity of 575,000 tonnes from its initial production of 100,000 tonnes when Vedanta acquired a 51% stake in the plant.
Mr. Abhijit Pati is the Chief Executive Officer of Bharat Aluminum Company Limited. Mr. Pati is a name to reckon with the Aluminium Industry for the past three decades and he has joined BALCO after a long stint as Chief Executive Officer of Vedanta Limited’s, Jharsuguda unit, which is one of the largest single location smelters in the world, outside China. He has rich experience and illustrious career spanning over 30 years in the Aluminium Industry. In an interview with Mr. Pati, he reveals his outlook on the Indian Aluminium industry, demand, current and future plans of BALCO.
AlCircle: Congratulations on becoming the CEO of Bharat Aluminium Company Limited! Could you please tell us your key agendas for 2020 relating to Aluminium operations?