NALCO's record FY26 sets stage for major aluminium expansion push
National Aluminium Company Ltd (NALCO) has reported its highest-ever operational and financial performance for FY2025-26 as the state-run aluminium producer moves ahead with major expansion projects and a broader push into critical minerals and resource security. National Aluminium Company Ltd...
NALCO explores rare earth and valuable material recovery from bauxite residue and fly ash
NALCO is advancing pilot projects in Odisha to turn industrial residues into valuable resources, including rare earth elements, alumina, iron and titanium, strengthening India's push for critical mineral recovery and a circular economy. National Aluminium Company Limited (NALCO) is expanding its...
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Indian Govt. plans to sell some shares from Nalco and other PSUs
The government is planning to sell stakes in its three blue chip companies Nalco, Bhel and NMDC after the last attempt of selling shares in IndianOil and ONGC backfired due to the sharp fall in oil prices. An estimated 10% stakes will be sold from both NMDC and Nalco, one a mining company and other...
Nalco jumps after strong Q3 outcome
National Aluminium Company rose 4.55% to INR 51.75 at 9:21 IST on BSE after net profit surged 170.52% to INR 354.47 crore on 16.6% growth in total income to INR 2057.61 crore in Q3 December 2014 over Q3 December 2013. The result was announced after market hours yesterday, 10 February 2015....
Coal Ministry of India receives 69 applications from PSUs for 36 coal blocks
As Indian government has opened application submission for coal blocks allocation, a number of state owned companies have aggressively put up applications for coal blocs. NTPC, one of largest the public sector undertaking for power generation has put in eight applications for coal blocks. States...
NALCO Q3 profit may surge 167% to Rs 350 cr
National Aluminium Company's (NALCO) third quarter profit may jump 167 percent year-on-year to Rs 350 crore on strong operating income, according to the average of estimates of analysts polled by CNBC-TV18. Total turnover grew 17 percent to Rs 1,920 crore from Rs 1,644 crore during the same period....
Aluminium players expected to bid aggressively for coal blocks
Facing shortage of fuel and raw material, domestic primary aluminium players are likely to bid for captive coal blocks aggressively in the upcoming auctions, credit rating agency ICRA said today. Their "operational challenges" stem from the deallocation of coal blocks allotted to them earlier and...
Nalco sets up the first and largest rooftop solar project in Bhubaneshwar
On Wednesday, National Aluminium Company (Nalco) commissioned a 160-KWp rooftop solar project at the corporate office located in Bhubaneshwar. The State Union Minister for Steel and Mines, Vishnu Deo Sai, inaugurated the project in presence of Ansuman Das, the Nalco CMD. The INR 1.25-crore project...
Hidden energy exports through primary aluminium remain a concern
Consecutive years of below five per cent economic growth and 0.7 per cent contraction of the manufacturing sector last year ensured a 6.2 per cent fall in the country's primary aluminium use to 1.58 million tonnes (mt) during 2013-14. Even while India is to grow at 5.5 per cent in FY15, aluminium...
Nalco to double wind generation capacity, heads for sustainable growth
National Aluminum Company (Nalco) of India is enhancing its wind power generation capacity by investing around Rs 700 crore. The company has planned to install an additional 100 MW wind power generation capacity to its existing 100 MW capacity. “The project will be set up shortly at a suitable...
V. Balasubramanyam taken over as NALCO's new Director (Production)
Shri V. Balasubramanyam, Executive Director (Production), NALCO, Bhubaneswar has taken over as the new Director (Production) of National Aluminium Company Limited, a Navratna PSU of Govt. of India from 1st January 2015 on superannuation of Shri S.S. Mahapatra, on 31st December 2014. After...
Nalco shows growth in mining as per government reports
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...
RPPML successfully develops indigenous agitator for pre-desilication tanks in alumina refinery of NALCO, Damanjodi
RPPML has successfully developed indigenous critical agitator for pre-desilication tank size 8000 mm dia X 14000 mm ht. and supplied to NALCO, Damanjodi vide their development Order No. REF /MMP /5000000015 /217/4500005442 dated 09.02.2011, imposing stringent criteria for performance test and for...
AlCircle spends an eventful second day at IBAAS 2014
The second day of IBAAS is running successfully at the Novotel hotel in Vizag, Andhra Pradesh, India. The conference took off yesterday with the inaugural lamp lighting ceremony carried out by the respected guests of honor, Tom Albanese, Soma Mondol, Niu Heng and Anupam Agnihotri from Sesa...
Odisha-based Navratna PSU NALCO Opens New Stockyard at New Delhi
National Aluminium Company Limited (NALCO), the Navratna PSU of Govt. of India, has opened a new stockyard at New Delhi. Ansuman Das, Chairman-cum- Managing Director inaugurated the stockyard on 24th November, in the presence of Ms. Soma Mondal, Director (Commercial), Shri R.N. Lenka, Executive...
The Govt. takes a renewed interest in the Angul Aluminium Park
The prospect of Angul Aluminium Park has started to look a little better as the government has taken a renewed interest in the project. It has received approval in principle under Modified Industrial Infrastructure Up-gradation Scheme (MIIUS) of the Department of Industrial Policy and Promotion...
Nalco Proposes a smelter plant worth 5 million tonne p.a
Union minister for steel and mining Narendra Singh Tomar chaired a meeting with heads of Central Public Sector Enterprises (CPSD) in New Delhi on Tuesday to review progress of proposals given by them at the Global Investors Summit held in Indore last month. Tomar emphasised on expediting progress...
National Aluminium Company Ltd appoints Director
Dr. Niranjan Kumar Singh has been appointed as Part-time official Director of National Aluminium Company Ltd with effect from November 12, 2014 vide Order dated November 12, 2014 of Ministry of Mines, Government of India. Shares of NATIONAL ALUMINIUM CO.LTD. was last trading in BSE at Rs.60.8 as...
Nalco standalone quarterly earnings jump 90.57%
National Aluminium Company (Nalco) announced a sharp rise in standalone net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 90.57% to INR 3,415.00 million from INR1,792.00 million in the same quarter last year. Net sales for the quarter rose 14.80% to...
Aluminium producers benefit as premiums soar
As the world aluminium supply continues to tighten, the premiums on the metal continue to rise. Analysts and industry experts believe these premiums will continue to stay on a high, at least for the next two years which is good news for India’s aluminium producers like Hindalco and NALCO. Premiums...
