30 DECEMBER 2014AlCircle.com
Nalco shows growth in mining as per government reports
Edited by : AL CIRCLE
1 min read
The report released by the Ministry of Mines reveals that during the 2013-14 period, Nalco has achieved highest ever production in their bauxite mines and alumina refinery since their inception. A total of 62.93 lakh metric ton of bauxite was transported while 19.25 lakh metric tons of alumina hydrate was produced during this period.
Besides their achievement in their mining sector, there have also been gains in the power generation with their Captive Power Plant (CPP) generating 4,989 mu of power in addition to the 150 mu of wind power generated by the company. They have also opened a second wind power plant in Jaisalmer in January, 2014 that can generate 47.6 mw of power.
Moreover, Nalco has also sold 32, 77,000 of its shares to its employees as per their employee offer scheme initiated in July 2014.
Besides their achievement in their mining sector, there have also been gains in the power generation with their Captive Power Plant (CPP) generating 4,989 mu of power in addition to the 150 mu of wind power generated by the company. They have also opened a second wind power plant in Jaisalmer in January, 2014 that can generate 47.6 mw of power.
Moreover, Nalco has also sold 32, 77,000 of its shares to its employees as per their employee offer scheme initiated in July 2014.
Unlock full access – sign up for FREE.
Key benefits
Find exclusive data-driven insights and in-depth analysis
Get our daily newsletter delivered straight to your inbox
Access real-time and historical price trends from global indices
Post and respond to latest business leads
Stay ahead with alerts on learning tools
...and so much more!SIGN UP / LOGIN
Grow with
AL Circle
