National Aluminium Company (NALCO)

Name: National Aluminium Company (NALCO)

Sector: Iron & Steel

Sector Other:: NA

Category: Mining

Main Customer: Whole Seller

R&D Backup: In-house

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Ownership: Local

Owner Name: Dr. Tapan Kumar Chand

Type: Government

Type Other: NA

No. of employee: 6,385

Area of Work: NALCO is one of the largest integrated Bauxite-Alumina-Aluminium- Power Complex in the Country. The Company has a 68.25 lakh TPA Bauxite Mine & 21.00 lakh TPA (normative capacity) Alumina Refinery located at Damanjodi in Koraput district of Odisha, and 4.60 lakh TPA Aluminium Smelter & 1200MW Captive Power Plant located at Angul, Odisha. NALCO has bulk shipment facilities at Vizag port for export of Alumina/Aluminium and import of caustic soda and also utilizes the facilities at Kolkata and Paradeep Ports. The Company has registered sales offices in Delhi, Kolkata, Mumbai, Chennai and Bangalore and 10 operating stockyards at various locations in the Country to facilitate domestic marketing.

Mission.: To sustainably grow multi-fold in Mining, Alumina and Aluminium business along with select diversification in Minerals, Metals and Energy sectors, while continuously improving on efficiency and business practices thus enhancing value for all stakeholders.

Vision: To be a Premier and Integrated company in the Aluminium value chain with strategic presence in Mining both domestic & global, Metals and Energy sectors.

Mandate: NALCO, as per the mandate of Companies Act 2013, since 2014-15 onwards, the Company has been spending 2% of its average net profit during the three immediately preceding financial years under different heads stipulated under Schedule VII of the Companies Act, 2013

Summary of Activities: NALCO aims towards achieving sustainable development across the economic, social and environmental dimensions addressing the five Ps of sustainability namely people, planet, prosperity, partnership and peace. Inclusive growth by means of comprehensive interventions has always been the thrust of NALCO. As per the mandate of Companies Act 2013, since 2014-15 onwards, the Company has been spending 2% of its average net profit during the three immediately preceding financial years under different heads stipulated under Schedule VII of the Companies Act, 2013.

Exporter: Yes

Products Exporting: NA

Safety Measures: Yes

Security Certificate: NA

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