Bhubaneswar, March 25 (Odisha.in) The state-own National Aluminium Co Ltd (NALCO) is targeting an revenue of 77.57 billion rupees for the next fiscal year, about 10 percent higher than the current year’s target, the company here said. NALCO, India’s third-largest aluminium maker, on Monday signed a pact with the mines ministry on physical and financial […]
aluminium
NALCO shuts bauxite mine
Bhubaneswar, Nov 19 (Odisha.in) The state owned-National Aluminium Ltd (NALCO) on Monday said it has shut down its only bauxite mine in Odisha’s Koraput district as its mining lease expired, however allay fears that the disruption would hit its metal output in any way. The mining lease of Panchpatmali mine at Damanjodi, about 370 kms […]
Nalco plans Rs. 40,000 crore expansions in India and abroad
Bhubaneswar, June 4 (Odisha.in) India’s second biggest producers of aluminium Nalco has planned to invest Rs. 40,000 crore expansions in India and abroad over next five years. The Govt of India has conferred the Navratna status on National Aluminium Company Limited (Nalco). The coveted status is conferred on select Central Public Sector Enterprises (CPSE), which […]
Nalco achives Rs.439.73 crore net profit
Bhubaneswar, October 23 (Odisha.in) National Aluminium Company Limited (NALCO), the flagship PSU of the Ministry of Mines, and India’s largest manufacturer and exporter of alumina and aluminium, has reported excellent results for the 2nd quarter ended September 2007. According to the unaudited financial results for the 2nd quarter of the financial year 2007-08 taken on […]
Nalco announces highest-ever dividend of 483.23 crore
Bhubaneswar, September 22(Odisha.in) In the 26th Annual General Meeting held here Friday, the shareholders of National Aluminium Company Ltd. (NALCO) approved the Annual Accounts for 2006-07 with the highest-ever sales turnover of Rs.6515 crore, the highest-ever export earning of Rs.2585 crore and the highest-ever net profit of Rs.2381 crore. They also approved the highest-ever dividend […]