national aluminium company

Ansuman Das takes over as NALCO chairman


August 30th, 2012 - 6:18 pm ICT by IANS
Bhubaneswar, Aug 30 (IANS) Ansuman Das, commercial director of state-run National Aluminium Company (Nalco) has been given additional charge of the chairman-cum-managing director of the company, the aluminium producer said ... Read more...

Posted in Business |

NALCO’s Q1 net profit down 41 per cent


August 16th, 2012 - 7:27 pm ICT by IANS
Bhubaneswar, Aug 16 (IANS) The state-run National Aluminium Company Ltd (NALCO). Thursday said it has recorded a 41 per cent decline in net profit in the first quarter ended ... Read more...

Posted in Business |

Nalco puts Indonesia smelter project on hold


August 15th, 2012 - 2:35 pm ICT by IANS
Bhubaneswar, Aug 15 (IANS) The state-run National Aluminium Company Ltd. (Nalco) Wednesday said it has put on hold its proposed alumina smelter project in Indonesia due to uncertainty over the ... Read more...

Posted in Business |

India’s aluminium demand to grow 7-8 per cent: NALCO


August 14th, 2012 - 5:38 pm ICT by IANS
Bhubaneswar, Aug 14 (IANS) India's aluminium demand is expected to grow at 7-8 per cent annually, B.L. Bagra, chairman of the state-run National Aluminium Company (NALCO) said Tuesday."The demand in ... Read more...

Posted in Business |

Grid failure hits NALCO power units in Odisha


August 1st, 2012 - 1:38 am ICT by IANS
Bhubaneswar, July 31 (IANS) Two units of the captive power plant of the state-run National Aluminium Company Ltd (NALCO) in Odisha collapsed Tuesday due to the failure of Eastern Grid, ... Read more...

Posted in Business |

Government to raise Rs.4,000 crore by selling stake in SAIL (Lead)


July 20th, 2012 - 8:31 pm ICT by IANS
New Delhi, July 20 (IANS) The government has decided to sell through auction 10.82 percent stake in the Steel Authority of India Limited (SAIL), which is estimated to fetch ... Read more...

Posted in Business |

NALCO to set up hospital in Odisha


July 5th, 2012 - 10:37 pm ICT by IANS
Bhubaneswar, July 5 (IANS) State-run National Aluminium Company Ltd. (NALCO) will set up a medical college and hospital in Odisha's impoverished Koraput district in the next two years, Health Minister ... Read more...

Posted in Health |

NALCO’s Q3 net profit down 80 percent


February 7th, 2012 - 12:50 am ICT by IANS
Bhubaneswar, Feb 6 (IANS) The state-run National Aluminium Company Limited (NALCO) has registered a net profit of Rs.51.22 crore for 3rd quarter of 2011-12 fiscal, down 80 per cent against ... Read more...

Posted in Business |

Slowdown temporary: Montek


January 6th, 2012 - 11:09 pm ICT by IANS
Bhubaneswar, Jan 6 (IANS) Holding that the current economic slowdown would be in the "short term", Planning Commission Deputy Chairman Montek Singh Ahluwalia Friday said India could be the world's ... Read more...

Posted in Uncategorized |

Nalco’s Q2 profit down by 38 percent


November 12th, 2011 - 11:27 pm ICT by IANS
Bhubaneswar, Nov 12 (IANS) The state-run National Aluminium Company Limited (NALCO) Saturday reported a 38 percent dip in net profit, to Rs.139 crore, for the second quarter ended Sep 30, ... Read more...

Posted in Business |

NALCO sees aluminium prices in $2100-$2300 per tonne range


November 11th, 2011 - 5:11 pm ICT by IANS
Bhubaneswar, Nov 11 (IANS) Global aluminium prices are likely to remain in a $2200-$2300 per tonne range for at least the next three-four months as uncertainty in Greece continues to ... Read more...

Posted in Business |

NPCIL, NALCO ink deal for nuclear plants


November 9th, 2011 - 9:10 pm ICT by IANS
Mumbai, Nov 9 (IANS) State-run firms Nuclear Power Corporation of India Ltd (NPCIL) and National Aluminium Company Limited (NALCO) Wednesday signed an agreement for setting up nuclear power plants in ... Read more...

Posted in Business |

NALCO launches new aluminium product


October 22nd, 2011 - 12:33 am ICT by IANS
Bhubaneswar, Oct 21 (IANS) State-run National Aluminium Company Limited (NALCO) has added another product to its portfolio with the launch of aluminium chequered sheets, the company said Friday.NALCO's smelter at ... Read more...

Posted in Business |

NALCO to import two lakh tonnes coal


October 21st, 2011 - 7:07 pm ICT by IANS
Bhubaneswar, Oct 21 (IANS) The state-run National Aluminium Company Ltd (NALCO) Friday placed an order with a government agency to import two lakh tonnes of coal to meet shortfall, an ... Read more...

Posted in Business |

NALCO continues output cut as coal supply stays thin


October 20th, 2011 - 7:37 pm ICT by IANS
Bhubaneswar, Oct 20 (IANS) The state-run National Aluminium Company Ltd continued to cut its daily aluminium output by ten percent because of the prevailing coal crisis, a senior company official ... Read more...

Posted in Business |

NALCO chief’s tenure extended


October 11th, 2011 - 6:23 pm ICT by IANS
Bhubaneswar, Oct 11 (IANS) The tenure of state-run National Aluminium Company Limited (NALCO) chairman-cum-managing director B.L. Bagra has been extended upto December 2011, an official statement said Tuesday.Bagra, director (finance) ... Read more...

Posted in Business |

NALCO bags top export Capexil award


October 3rd, 2011 - 8:00 pm ICT by IANS
Bhubaneswar, Oct 3 (IANS) The state-owned National Aluminium Company Ltd (NALCO) Monday said it has bagged the top export Capexil award for its outstanding export performance during 2010-11.Capexil is a ... Read more...

Posted in Business |

Sand artist creates image on earth quake


September 20th, 2011 - 12:51 am ICT by IANS
Bhubaneswar, Sep 19 (IANS) Sand artist Sudarsan Pattnaik Monday created an image on the beach of his home town Puri in Orissa as a tribute to the victims of the ... Read more...

Posted in Life Style |

Employees seek end to coal crisis at NALCO plant


September 16th, 2011 - 6:42 pm ICT by IANS
Bhubaneswar, Sep 16 (IANS) Employees of state-run National Aluminium Company Limited (NALCO) - India's third largest aluminium producer - urged Prime Minister Manmohan Singh Friday to intervene in the ... Read more...

Posted in Uncategorized |

Coal shortage forces NALCO to cut aluminium production


September 10th, 2011 - 6:06 pm ICT by IANS
Bhubaneswar, Sep 10 (IANS) A shortage of coal has forced state-owned National Aluminium Company Ltd (NALCO) to cut its daily aluminium production by about 78 tonnes, an official said Saturday.The ... Read more...

Posted in Business |

NALCO to sponsor tribal kids’ education


September 7th, 2011 - 11:58 pm ICT by IANS
Bhubaneswar, Sep 7 (IANS) State-run National Aluminium Company Ltd (NALCO) Wednesday said it will sponsor the education of about 250 tribal children living in the vicinity of its project in ... Read more...

Posted in Business |

Government allows NALCO to mine coal


August 21st, 2011 - 2:07 pm ICT by IANS
Bhubaneswar, Aug 21 (IANS) The union coal ministry has permitted the National Aluminium Company Limited (NALCO) to mine a coal block in Orissa, the state-run undertaking said Sunday.The allocation was ... Read more...

Posted in Business |

PSU stake sale only when markets right: Mukherjee


August 19th, 2011 - 9:47 pm ICT by IANS
New Delhi, Aug 19 (IANS) Finance Minister Pranab Mukherjee Friday said the government would sell its stake in the public sector undertakings (PSUs) only when market conditions were favourable."We ... Read more...

Posted in Uncategorized |

NALCO’s Q1 net profit up 32 percent


August 13th, 2011 - 12:41 pm ICT by IANS
Bhubaneswar, Aug 13 (IANS) State-owned National Aluminium Company Limited (NALCO) Saturday reported a 32 percent rise in its net profit for the first quarter of the current fiscal due to ... Read more...

Posted in Uncategorized |

NALCO gets green nod for bauxite mining


July 25th, 2011 - 6:36 pm ICT by IANS
Bhubaneswar, July 25 (IANS) State-run National Aluminium Company Ltd. (NALCO) has received the final forest clearance to renew its bauxite mining operation in Orissa's Koraput district, the company said Monday.NALCO ... Read more...

Posted in Business |

Nalco seeks energy banking ties with GRIDCO


July 20th, 2011 - 9:49 pm ICT by IANS
Bhubaneswar, July 20 (IANS) The state-owned National Aluminium Company Ltd (NALCO) has proposed the Orissa-run GRIDCO Ltd to have energy banking arrangement so that both can help each other to ... Read more...

Posted in Business |

Nalco to set up subsidiaries


July 8th, 2011 - 7:28 pm ICT by IANS
Kolkata, July 8 (IANS) The National Aluminium Company Ltd (Nalco), a Navaratna PSU, is planning to set up two subsidiaries to run its power and non-aluminium business, a company executive ... Read more...

Posted in Uncategorized |

Court questions CBI on bail plea of ex-NALCO chief


June 15th, 2011 - 9:32 pm ICT by IANS
New Delhi, June 15 (IANS) The Delhi High Court Wednesday issued a notice to the Central Bureau of Investigation (CBI) on the bail plea of former National Aluminium Company Limited ... Read more...

Posted in Uncategorized |

NALCO sees aluminium at $2,500-$2,700 per tonne range


June 10th, 2011 - 12:45 pm ICT by IANS
Bhubaneswar, June 10 (IANS) Aluminium prices are likely to remain in a range of $2,500 to $2,700 a tonne for at least the next two-three months, India's state run National ... Read more...

Posted in Uncategorized |

NALCO to set up wind power project in Andhra


June 2nd, 2011 - 3:35 pm ICT by IANS
Bhubaneswar, June 2 (IANS) State-run National Aluminium Company Limited (NALCO) Thursday announced to set up a 50.4 MW wind power project in Andhra Pradesh with an investment of Rs.274 crore.The ... Read more...

Posted in Business |

NALCO hikes aluminium prices


June 1st, 2011 - 11:03 pm ICT by IANS
Bhubaneswar, June 1 (IANS) The state-run National Aluminium Company Ltd (NALCO) Wednesday hiked the price of its aluminium products by Rs.6,000 per tonne in the domestic market, a senior company ... Read more...

Posted in Business |

NALCO to expand capacity at Orissa unit


April 25th, 2011 - 11:47 pm ICT by IANS
Bhubaneswar, April 25 (IANS) State-run National Aluminium Company Limited (NALCO) Monday said that work on expanding capacity at its alumina refinery in Orissa's Koraput district has commenced.The commissioning of capacity ... Read more...

Posted in Business |

NALCO hikes aluminium prices by Rs.3,000 per tonne


April 25th, 2011 - 5:25 pm ICT by IANS
Bhubaneswar, April 25 (IANS) The state-run National Aluminium Company Ltd (NALCO) has hiked the price of its products by Rs.3,000 per tonne in the domestic market in view of the ... Read more...

Posted in Business |

NALCO hands over new share certificate


April 19th, 2011 - 10:55 pm ICT by IANS
Bhubaneswar, April 19 (IANS) B.L. Bagra, the chairman-cum-managing director of the state-run National Aluminium Company Limited (NALCO) Tuesday handed over the new share certificate to union Minister of Mines Dinsha ... Read more...

Posted in Business |

Nalco records excellent production, sales rise


April 3rd, 2011 - 7:03 pm ICT by IANS
Bhubaneswar, April 3 (IANS) State-run National Aluminium Company Limited (Nalco) recorded excellent production and sales results during 2010-11, the company said Sunday.While the company has achieved highest-ever cast metal production ... Read more...

Posted in Business |

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