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National Aluminium Company Ltd. Company History and Annual Growth Details


- A Memorandum of Understanding was signed in January, by the
Government of India for technical collaboration and financing of an
integrated alumina-aluminium complex with Aluminium Pechiney of France.

- NALCO presently has its units of captive power plants (each of 120 MW
capacity). To meet the increased demand for power, a 6th plant of 120
MW was undertaken.


- The Company was Incorporated on 7th January, as a wholly owned
enterprise of Government of India. The Company Manufacture aluminium
hydrate, calcined alumina, aluminium ingots and aluminium wire rods.


- NALCO signed a project co-operation agreement with Hydro Aluminium
AG, Norway to carry out a joint study for feasibility of setting up a
100% export oriented aluminium plant of 0.9 million tonnes per annum

- 1,28,86,19,200 No. of shares allotted.


- The Company proposed to undertake expansion of bauxite mine from 2.4
million t.p.a. to 4.8 million t.p.a. and alumina refinery from 8,00,000
t.p.a. to 13,50,000 t.p.a. This was subject to necessary clearances.

- It was proposed to undertake expansion of aluminium smelter capacity
from 2,30,000 t.p.a. and that of captive power plant from 6 x 120 MW to
8 x 120 MW. To augment the smelting capacity, debottlenecking of
smelter by addition of balancing equipment was under implementation.
The debottlenecking programme was to enhance the smelter capacity of
2,30,000 tpa.

- The Company in collaboration with various government agencies was
setting up facilities for extraction of gallium metal with an annual
capacity of 950 kg. at Damanjodi unit.


- A Smelter plant at Angul was undertaken with a capacity of 26000 TPY
of strip casting facility.

- A special Alumina plant at Damanjodi was undertaken with a capacity
of 20,000 TPY.

- A 10,000 TPY detergent grade Zeolite (Zeolite-A) plant at Damanjodi,
was undertaken.

- A 1000 Kg. per annum 5 N purity Gallium plant at Damanjodi based on
indigenous technology was undertaken.

- The Company is planning to set up a 100% Export Oriented Unit for
aluminium rolled products based on its own liquid metal in equity
participation with International Aluminium Products Ltd. (IAPL). It
was proposed to set up a 100% EOU for aluminium rolled products based
on liquid metal supply from NALCO.

- As at 31st March 350,00,900 equity shares were disinvested.


- The proposal to expand the capacities of bauxite mine at Panchpatmali
from 24 lakh tonnes to 48 lakh tonnes and alumina refinery at Damanjodi
from 8 lakh tonnes to 15.75 lakh tonnes was approved by the Government
on 18.12.1996.

- The Company's proposed to expand its smelting capacity to 3.45 lakh
tonnes and power generation from 720 MW to 840 MW was cleared by PIB.
However, CCEA approval was awaited.

- The Company also explored the possibility of diversification in terms
of few other value added products such as special grade, alumina,
Zeolite, aluminium cast wheel etc.

- The stock yard at Jagadhri in Haryana was closed down following
insufficient sales while a new stockyard was opened in Bhiwandi near
Mumbai. Also, a market development cell was set up to explore and
define marketing strategies for speciality products like Zeolite,
gallium, special aluminas etc.


- Subject to necessary approvals being obtained the company proposed to
convert 50% of its existing equity capital into debt.

- The public sector aluminium giant, National Aluminium Company (NALCO)
set up in technical collaboration with Pachiney, France is the largest
integrated aluminium company in Asia.

- National Aluminium Company Ltd (Nalco), country's largest aluminium
company, has opened a stockyard at Bhiwandi in Thane district.

- National Aluminium Company (Nalco), India's largest producer and
exporter, got the ISO 14001 certification for environmental excellence.

- The National Aluminium Company, Bhubaneswar, signed an agreement of
national importance with the NRDC for licensing from the NRDC the
knowhow to manufacture gallium from the sodium alumina plant.

- National Aluminium Company (NALCO) has signed a pact with National
Research Development Corporation (NRDC) for manufacturing gallium with
indigenous technology.

- The public sector National Aluminium Company (Nalco) has entered into
an agreement with National Securities Depository Ltd, (NSDL) for
admitting its shares in the depository system and for dematerialising
the shares.

- The Union Cabinet is set to clear a joint venture aluminium company
with Nalco Ltd. and Mukand Ltd. as partners.

- The National Aluminium Company Limited (Nalco), staved off a major
disaster in its smelter plant at Anugul, when the workers called off a
three-day cat-call strike in protest against what they called
'barbaric' attack on them by the Central Industrial Security Force
(CISF) jawans.


- The company has been forced to curtail its power generation capacity
due to a drastic reduction in intake by Gridco - the nodal power
transmission and distribution agency in Orissa.

- National Aluminium Company, the country's leading manufacturer,
exporter of alumina and aluminium, has bagged the top export award of
Chemical and Allied Products Export Promotion Council (Capexil) for
1997-98. This is the 11th time in succession that Nalco has won this


- The Investment Information and Credit Rating Agency (Icra) has
assigned a LAAA rating to the National Aluminium Company Ltd's (Nalco)
Rs 644-crore (Rs 100 crore = Rs 1 billion) non-convertible debenture
(NCD) issue. The rating indicates highest safety.

- The National Aluminium Company Ltd (NALCO) a Government of India
undertaking is setting up a plant for extraction of gallium at its
aluminium refinery complex at Damanjodi.

- The National Aluminium Company (Nalco) will take over International
Aluminium Products (IAPL), a joint venture company set up with Mukand
Steel, by buying out stakes of all other investors including Mukand

- The company established new records in bauxite mining, alumina
production and exports, metal production witnessed a downtrend due to
the pot failures at Anugul.


- Icra has retained the Laaa rating for the Rs 642.58-crore
non-convertible debenture issue of the company, while it has assigned
an A1 rating to the Rs 5-crore CP issue of Narmada Chematur

- The Company will commission the plant of its recently-acquired Indian
Aluminium Products Ltd. by March 2001 and produce value-added aluminium
products like sheets and rolls.

- The Officers went on an indefinite hunger strike from November 17.

- Crisil reaffirmed the highest safety rating of 'AAA' to the Rs
644-crore NCD programme of National Aluminium Company Ltd.


- A public sector aluminium company making a foray into detergent
business sounds out of place. But if senior officials of National
Aluminium Company (Nalco) are to be believed, the countrys second
largest aluminium company will be doing that at its zeolite plant
scheduled to start operations in July end.


-S Behuria appointed as part time official Director of Nalco.

-Nalco's alumina refinery capacity increased to 15.75 lakh tonne

-Department of Company Affairs (DCA) approves the merger of International Aluminium Products Ltd (IAPL) with National Aluminium Company Ltd (Nalco)

- Mr C.V. Venkataramana appointed as Chairman-cum-Managing Director of National Aluminum Company Ltd

-Cabinet panel approves Nalco disinvestment roadmap

-Hindalco acquires 4% stake in Nalco

-Govt decides to postpone Nalco divestment

-LN Mittal group quits Nalco disinvestment race

-Chinese metals group, Yankuang withdraws from Nalco disinvestment process

-Govt. calls off due diligence process for Nalco

-Govt restarts due diligence process at Nalco


-Commissions one unit of Captive Power Plant with a capacity of 120 MW and 120 pots of Smelter with a capacity to produce 57,500 MT of Aluminium per year

-Nalco members okay delisting of securities from stock exchanges of Bhubaneshwar,Delhi, Calcutta & Madras

-National Aluminium Company (Nalco) awarded the Niryat Shree award for two straight years, 2000-01 and 2001-02. The award has been awarded by the Federation of Indian Export Organisation (FIEO) for excellence in exports

-Vyas Ji appointed as Director on the Board of NALCO


-National Aluminium Company Limited (NALCO) has informed that Madras Stock Exchange Limited vide its letter dated December 22, 2003 have withdrawn the admission granted to dealings on their exchange for the securities of NALCO i.e both equity shares and 14.5% Non-convertible Redeemable Secured Debentures and the quotation for the said securities have been removed from the Daily Official List of the Exchange w.e.f December 22, 2003, in terms of SEBI (Delisting of Securities) Guidelines 2003.

-Nalco open offer to acquire 20% stake for Ondeo Nalco India

-The trading in 14.5% Non-covertiable redeemable secured debentures (Series-N2) shall be suspended w.e.f. Febrauary 13, 2004 on account of part redemption:

-Nalco gets PIB nod for phase II expansion programme

-National Aluminium Company Ltd has informed that the Delhi Stock Exchange vide their letter dated February 10, 2004 have approved the delisting of the securities of the company from their exchange wef February 11, 2004.

-National Aluminium Company Ltd (NALCO) has informed that Shri Pyarimohan Mohapatra has resigned from the Board of Nalco on June 09, 2004 and hence ceases to be a Director of NALCO with effect from June 09, 2004

-Mr G Upadhyaya takes charge as CMD of Nalco


-Nalco inks agreement with NMDC.

-Nalco gets five-star export house status

-Nalco gets Capexil award

-Nalco, Jindal cleared to set up aluminium plants in Vizag

-Nalco to build coal block in Orissa


-Nalco gets EEPC award


- National Aluminium Company Ltd (NALCO) has informed about the following:

1. Shri Joy Varghese has been appointed as Director (Personnel & Administration) of the Company w.e.f. October 01, 2007 vide Order dated September 25, 2007 read with Order of even number dated September 27, 2007 of Ministry of Mines, Government of India.

2. Further, Dr. A Sahay, Shri S S Sohoni and Shri K S Raju have been appointed as Part-time Non-official Directors of the Company vide Order dated September 27, 2007 of Ministry of Mines, Government of India.


-National Aluminium Company Ltd (NALCO) has appointed Shri. S Vijay Kumar appointed as Part-time Official Director of the Company with immediate effect vide Order dated January 23, 2008 of Ministry of Mines, Government of India.


- National Aluminium Company Ltd (NALCO) has informed that Shri. A K Sharma has been appointed as Director (Production) of the Company with effect from May 01, 2009 vide Order dated February 11, 2009 of Ministry of Mines, Government of India.

- National Aluminium Company Ltd (NALCO) has informed that Shri. C R Pradhan has been appointed as Chairman cum Managing Director of the Company with effect from August 03, 2009 vide Order dated August 03, 2009 of Ministry of Mines, Government of India.

- National Aluminium Company Ltd (NALCO) has appointed Shri. P. K. Padhi as Director (P & T) of the Company with effect from September 03, 2009 vide Order dated September 03, 2009 of Ministry of Mines, Government of India.

- National Aluminium Company Ltd (NALCO) has appointed Shri Ansuman Das as Director (Commercial) of the Company with effect from October 28, 2009 vide Order dated October 27, 2009 of Ministry of Mines, Government of India.


- National Aluminium Company Ltd (NALCO) has informed that Shri Sundeep Kumar Nayak, Joint Secretary, Ministry of Mines has been appointed, with immediate effect, as Part-time Official Director of the Company vice Shri V. K. Thakral, former Joint Secretary, Ministry of Mines vide Order dated January 07, 2010 of Ministry of Mines, Government of India.
Oct 28, 9:55 am
Oct 28, 9:54 am
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