National Aluminium Company
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National Aluminium Company Limited, abbreviated as 'NALCO', (incorporated 1981) has units all over India at places like Angul and Damanjodi. It was incorporated as a public sector enterprise of the Government of India in 1981.
Today, it is Asia's largest, and one of the world's leading and the sixth largest, integrated aluminium complex, encompassing bauxite mining, alumina refining, aluminium smelting and casting, power generation, rail and port operations. It boasts of some of the world's latest and finest technology in the Aluminium manufacturing industry.
Commissioned during 1985-87, Nalco has emerged to be a star performer in production and export of alumina and aluminium, and more significantly, in propelling a self-sustained growth. It has made the country more than self sufficient in alumina and aluminium needs and has quite impressive export figures as well. Being the largest exporter of the metal in the country, it has it's own section of port facilities at Visakhapatnam. All the units of NALCO employ the latest in technology and are some of the most advanced manufacturing units in the world.
The main units of NALCO are at Damanjodi (Mines & Refinery complex) and Nalconagar-Angul (Smelter & Power Plant Complex). The Bauxite mines called "Panchpatmalli Mines" is situated atop a set of five mountains called Panchpatmalli. These mines are open cast mines. The refinery complex for producing bauxite is located in Damanjodi. The smelter unit of NALCO is located in Nalconagar, Angul. The company's headquarters are located in Bhubaneswar, which is the capital of the Indian state of Orissa.
NALCO is considered to be one of the best profit making PSU in India and reaps impressively huge benefits every year. It is expanding by currently employing new projects. The ongoing second phase of expansion is set to make it the sixth largest producer of the metal in the world. The recent disinvestment issues, for the alumina giant, finally settled down after the central government decided not to disinvest profit making PSUs which meant that Nalco would not be privatized and continue to be a complete Govt of India Enterprise PSU.
The company has numerous awards to its credit, some of them being the most prestigious awards and recognitions. The Company received Indira Priyadarshini Vrikshamitra Award from Govt. of India for its contribution in the field of afforestation and wasteland development. The 960 MW Captive Thermal Power Plant of the Company also received the prestigious Indira Gandhi Paryavaran Puraskar for the year 2000 from Govt. of India for its outstanding contributions in the field of environment management. Besides these, the Company and its Units have received various National, State and Institutional awards for excellence in Safety & Environment Management.
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[edit] Expansion
Nalco is planning to invest around 40,000 crores of Indian rupees in the next five years starting 2008. The investments will be made in alumina smelters and power projects in Indonesia, South Africa, Iran and within India.[1]
[edit] Achievements
- First Mines Safety Award-1988 by DGMS
- Best Eco-friendly Factory Award 1994-95 to the Mines and Refinery Complex by Orissa State Factory Inspectrate
- State Award-1995 to Captive Power Plant from state Factory inspectorate for Environment Management
- Indira Priyadarshini Vrikshamitra Award-1994 from MOEF, Govt. of India, for afforestation and wasteland development
- FICCI Environment Award for Environment Conservation and Pollution Control- 1996-97
- WEC-IIEE-IAEWP Environment award -1997 for contributing towards environment protection
- Gem Granite Environment Award for -1997-98 by FIMI, New Delhi for Mines
- Shri Sita Ram Rungta Memorial Social Awareness Award-1997-98 by FIMI, New Delhi
- Pollution Control Excellence Award - 1998 by Orissa State Pollution Control Board for Mines
- Special Commendation under Golden Peacock Environment Management Award 1998 Scheme by World Environment Foundation
- State Award for Best Occupational Health Centre to S&P Complex`-1998
- Best Safety Performance Award to CPP by CII (ER)- 1999-2000
