NALCO celebrates its 41st Foundation day
Bhubaneshwar: NALCO celebrates its 41st Foundation day – National Aluminum Company Limited (NALCO) praises its 41st Foundation Day, the 41 great years in the business. The Occasion was gone to by the Union Minister of Parliamentary Affairs, Coal and Mines Shri Pralhad Joshi as a main visitor.
NALCO is Leading with remarkable execution for more than forty years, additionally advancing the vision of Aatma Nirbhar Bharat on the event of NALCO Foundation Day at NALCO Research and Technology Center in Bhubaneswar, Odisha. Underlined manageable and climate cordial mining.
Being a Navratna CPSE under the Ministry of Mines, Public Aluminum Company Limited (NALCO) is a Govt. of India company, a gathering ‘A’ CPSE, having coordinated and enhanced tasks in mining, metal, and force, with a business turnover of Rs. 8,426 crore in the monetary year 2019-20.
NALCO is one of the biggest coordinated Bauxite-Alumina-Aluminum-Power Complex in the Country with Bauxite Mine and 21.00 lakh TPA (standardizing limit) Alumina Refinery situated at Damanjodi in Koraput region of Odisha and 1200MW Captive Power Plant and 4.60 lakh TPA Aluminum Smelter situated at Angul, Odisha.
It has mass shipment offices at Vizag port for the fare of Alumina/Aluminum and import of harsh pop and furthermore uses the offices at Kolkata and Paradeep ports. The Company has enrolled deals workplaces in Delhi, Kolkata, Mumbai, Chennai, and Bangalore, and 9 working stockyards at different areas in the Country to encourage homegrown two breeze power plants at Andhra Pradesh, and another of 47.6 MW wind power plant at Jaisalmer, with 50.4 MW wind power plant at Gandikota.
NALCO is the main Public Sector Company in the nation to wander into the worldwide market incredibly with London Metal Exchange (LME) enlistment since May, 1989.
The Company is one of the first CPSEs to have a CSR Policy since its origin and is agreeable to the standards of the Companies Act. It has spent around Rs. 39 crore towards CSR exercises in the year 2019-2020. For the successful usage of CSR exercises, NALCO has set up an independent Foundation in 2010.
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