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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Nalco to choose coal project partner in 15 days
BS reported that Mr B L Bagra acting CMD and director finance of Nalco said that the company would choose the partner for its ambitious USD 4 billion Indonesian aluminum smelter project in the next fortnight.
India's NALCO says cuts aluminium prices by $67.4/T
State-run National Aluminium Co Ltd (NALCO) , India's No. 3 producer of aluminium, has further cut aluminium prices by 3,000 rupees ($67.4) a tonne in the local market following a drop in global prices, a top company official said on Friday. The revision, which is effective immediately, reflects...
Nalco's non-core businesses to become separate entities
Public sector aluminium major, Nalco , will hive off its non-aluminium business — power and other mineral mining into separate entities after they have reached a critical size, its chairman, BL Bagra said in Kolkata on Friday. The company is looking at earning 25% of its total turnover to come from...
Nalco to set up subsidiaries
The National Aluminium Company Ltd (Nalco), a Navaratna PSU, is planning to set up two subsidiaries to run its power and non-aluminium business, a company executive said Friday. "We have already started diversifying into non-aluminium business. Apart from that, we are setting up power plants to...
Nalco to infuse Rs 1,700 crore equity in Kakrapar N-plant
KOLKATA: Aluminium PSU major Nalco would infuse Rs 1,700 crore as equity in the Kakrapar nuclear power plant in Gujarat to pick up 49 per cent stake, a top company official said today. "Nalco will pick up 49 per cent equity at a price of Rs 1,700 crore in the Kakrapar nuclear power plant," CMD of...
'Nalco has to spend Rs 10 cr annually to get Potangi mines'
Orissa government today decided to ask the Nalco to spend at least Rs 10 crore per annum towards periphery development activities in order to avail the bauxite reserve at Potangi in Koraput district, official sources said. "We have decided to recommend Nalco's name for the bauxite mines at Potangi....
NALCO sells aluminum billets at USD 150 per tonne premium
Reuters reported that India's National Aluminum Company Limited sold 1,500 tonnes of aluminum billets at USD 150 per tonne premium over the average LME cash price on a cost insurance and freight basis. Mr Ansuman Das director commercial of NALCO said that the aluminum will be shipped to an...
India's NALCO extends discount on rolled products
State-run National Aluminium Co Ltd , India's third-largest producer of aluminium, has extended a discount of 2,000 rupees ($44.8) per tonne on rolled products until the end of July, a senior executive said. Last week, the company had offered the discount until June 30 across all products in the...
Nalco to decide on buying stake in Indonesian coal mine by July-end
National Aluminium Company Ltd has said it will decide on buying stake in an Indonesian coal mine by July-end after going through the due diligence report. “IFCI will submit the due diligence by the first week of July. After going through the report, we will take our call on buying stake in the...
NALCO Gives 2,000-Rupee Discount on Products
State-run National Aluminium Co Ltd (NALCO), India's third-largest producer of aluminium, has decided to offer a discount of 2,000 rupees per tonne across all products, a week after cutting prices by 5,000 rupees per tonne. The company has not revised the basic prices, and has only offered a...
Suzlon receives 50.4 MW order from Odisha-based PSU NALCO
Mumbai: Suzlon Energy Limited, the world’s fifth largest* wind turbine manufacturer, announced today a new order from the National Aluminium Company Limited (NALCO) - Asia's largest integrated aluminum company - to set up, operate and maintain 50.4 MW of wind energy projects in Andhra Pradesh. The...
Suzlon receives 50.4 MW order from Odisha-based PSU NALCO
Mumbai: Suzlon Energy Limited, the world’s fifth largest* wind turbine manufacturer, announced today a new order from the National Aluminium Company Limited (NALCO) - Asia's largest integrated aluminum company - to set up, operate and maintain 50.4 MW of wind energy projects in Andhra Pradesh. The...
NALCO cuts domestic aluminium price
State-owned National Aluminium Company Ltd. (NALCO) has decreased its domestic aluminium price by Rs.2,000 a tonne as the international price of the metal has come down, an official said Sunday. This is the third time this month the Bhubaneswar headquartered NALCO has revised the price across all...
India's NALCO issues 1,500T aluminium export tender-source
India's state-run National Aluminium Co Ltd (NALCO) has issued a tender to export 1,500 tonnes of aluminium billets, a company source said on Thursday. The last date for submission of bids is July 4, the official, who is close to the tendering process but could not be named due to company policy,...
India's NALCO Issues 6,000 T Aluminium Export Tender-Source
India's state-run National Aluminium Co. Ltd (NALCO) has issued a tender to export 6,000 tonnes of aluminium ingots, a senior company official said on Tuesday. The last date for submission of bids is June 28, the official, who is close to the tendering process but could not be named due to company...
Nalco cuts product prices by Rs 5,000 per tonne
National Aluminium Company, the Navratna PSU , has reduced basic price across all its product segments by Rs 5,000 per tonne. In case of 5 inch billets, the price has been cut by Rs 4,500 per tonne. The cut has been due to slow demand for products in the monsoon.
Demand growth for aluminium to be about 15pct - NALCO
In an interview with ET Now, Mr BL Bagra CMD of NALCO talks about the aluminium demand and company's prospects. Excerpts: Q - How do you see the demand for aluminium in India for FY12 do you see it rising? A - The growth of demand in India is mainly triggered by the power transmission industry and...
Demand growth for aluminium to be in range of 13%-15%: NALCO
In an interview with ET Now, BL Bagra, CMD, NALCO, talks about the aluminium demand and company's prospects. Excerpts: ET Now: How do you see the demand for aluminium in India for FY12 do you see it rising? BL Bagra: The growth of demand in India is mainly triggered by the power transmission...
