Archive for the 'NALCO' Category

Odisha to expand areas under coffee cultivation to 22,700 hectare by 2021-22 with an investment of Rs 400 crore

Aluminium, Bauxite, Birlas, Coffee development, Ganjam, Kalahandi, Kandhamala, Keonjhar, Koraput, NALCO, New Indian Express, Indian Express, Financial express 4 Comments »

Following are excerpts from a report in

The coffee plantation would be taken up in the undivided Koraput district where currently about 1,300 hectares are under cultivation. …

It has been decided to invest the ` 400 crore over a period of 10 years from 2011-12. The ICB would fund ` 35 crore for a programme on organic coffee production in the State. Rest of the funds will be pooled from MGNREGS, Revised Long Term Action Plan (RLTAP) for KBK districts and other schemes.

As per the survey conducted by the Coffee Board, an area of 11,650 hectare in the Koraput, Kalahandi, Ganjam, Phulbani and Keonjhar districts has been found suitable for coffee cultivation.

Public sector industries like Nalco, Hindustan Aluminium Company and a host of private sector enterprises have evinced interest to take up coffee cultivation in about 1,000 acres which is mined for bauxite ore extraction.

 … For Orissa, the Board is implementing a Special Area Programme with the objective of checking ‘Podu’ cultivation, rejuvenating small coffee holdings and expanding coffee plantation in the tribal sector by providing a subsidy of ` l5,000 per hectare.

Besides, the Board is also providing financial assistance for installation of coffee processing units and imparting training to coffee growers on latest coffee husbandry practices and scientific methods of cultivation.

Six hulling units were also supplied under the scheme to the State during 1999- 2000 to process coffee at farm level.

At present, there are about 122 private coffee growers in the Koraput who have taken to commercial cultivation. …

NALCO and IDCO join hands and float an invitation for EOI for downstream aluminum park in Angul : Deadline is September 20, 2011

Aluminum ancilaries, Angul, Anugul- Talcher - Saranga- Nalconagar, Bauxite, IDCO, NALCO Comments Off on NALCO and IDCO join hands and float an invitation for EOI for downstream aluminum park in Angul : Deadline is September 20, 2011

Following is from

EOI SUBMISSION – DATE AND TIME 7.1. The Interested Parties should submit their EOIs, in the form & manner mentioned under Clause 4 hereinabove and seal it in an outer envelope and mark the envelope as “ EOI for Participating in the proposed Aluminium Park at Angul” on or before 17: 00 hours (IST) on September 20, 2011.


1. The site of around 450 (four hundred and fifty) acres is located adjacent to the NALCO smelter plant in Banarpal Block of Angul District south of NH 42 and for the purpose of clarity it is delineated with red boundary line in the map under clause 2 herein below (the ‘Site’).

2. The Site is undulating in nature with no apparent physical encroachments and utility lines.


1. Approach Road: There is an access to the site from NH 42 through a single lane carriageway through Kulad village having a length of around 2.50 km. In addition, the Site is also connected by a single lane road of length 6.4 km from NH 42 running along the periphery of the NALCO smelter unit. An alternate dedicated approach road to the site from NH 42 is being planned by IDCO. In addition, the proposed Aluminium Park shall be having a connecting link road from the proposed Angul Bypass Road.

2. Rail: There exists a single track rail siding of NALCO which runs along the edge of the site till Budhapanka Railway Station with a length of about 14 km.

3. Water: Major perennial source of water for the site is river Brahmani to the north of the site on the other side of NH 42 at a distance of about 15 KM. To the extent possible, technologies and processes to be implemented by the prospective unit holders within the proposed park should aim at maximizing recirculation and reuse of water as major demand of water for envisaged processes is expected to be for cooling requirements. This would ensure in optimizing water requirements for the park on a sustainable basis.

4. Power: One of the major substations of the State is located at Meramandali (400/220/132/33 KV) which shall be approximately 7 Km from the Site. National Grid located at Chainpal near Talcher Thermal Power Station is also a likely source. Power shall be a key parameter for the Project and steps would be taken to consider sustainability.


1. Primarily, the idea is to promote aluminium based downstream and ancillary units in Orissa and to capitalize upon the inherent location based advantage for the Site. The current practice for the NALCO smelter unit is to extract aluminium having purity of about 99.97% through an electrolytic process in potlines at a temperature of around 10000c in molten form and then to utilize the same in casting standard billets, ingots, plates, wire rods, sheets etc. Aluminium in solid form as mentioned above is procured by downstream industries and utilized for different end products. Due to proximity of the Site with respect to the smelter unit, the molten metal directly may be procured by interested downstream industrial units within the proposed park and then utilized to form different end products as desired. Even considering issues like chances of oxidation, dross formation or heat loss during the transfer process for molten aluminium, advantages for prospective unit holders within the park using aluminium in molten form rather than the conventionally used solid form include:
• Savings in terms of energy costs for the downstream industrial units
• Reduction in terms of adverse environmental impact due to reduction in energy
requirement for the process and transportation needs • Better quality of the metal in terms of lesser chemical impurities
• Efficient management of inventory with minimized requirement of stock for unit holders

2. Under the Project, the Aluminium Park is being proposed to be developed as a state-ofthe- art industrial park for entrepreneurs in related business who shall set up new units within the park and utilize the molten metal as mentioned above. The existing customers of NALCO who currently buy the metal in conventionally available solid form and utilize it for various end products at locations away from the smelter unit in Angul may also relocate their plants/set up new units in the proposed Aluminium Park.

3. In addition, ancillary units may also set up units within the proposed Aluminium Park. There would be a mutually benefitting relationship between such units and NALCO.

4. The Aluminium Park would be so developed so as to fulfill comprehensively the functional requirements in terms of common facilities, physical and social infrastructure amidst a green environment. The suggested components that may come up within the the Aluminium Park include:
• Industrial Sheds / Plots
• Warehouses/Storage Facilities
• Common Facility Centers
• Material recycling and handling facilities
• Skill development centers and ITIs
• Landscaped (green) areas, Buffer Zones
• Truck Terminal and Parking facilities

5. The envisaged support infrastructure facilities for the Project to include:
• Reserved green space
• A systematic network of internal roads
• Regular supply of quality water with adequate storage facilities
• Reliable power supply to ensure maximization of production levels on a sustainable basis including renewable energy sources
• Promoting the use of solar energy to the extent possible
• Underground utility lines
• Fire fighting system for the Park
• Adequate parking space for trucks/others
• Common effluent treatment and solid waste disposal and management facilities including for hazardous and non hazardous wastes
• Sturdy storm water and Sewerage networks, Sewage Treatment Plant
• Common Rail Siding
• Banks / ATMs / STD – PCOs
• Public and Semi public facilities including Emergency Health Services, Crèche, Public Health Centers etc.
• Efficient and professional service-oriented Operations & Maintenance system
• Dedicated access controlled road corridor from NALCO smelter unit for carriage of molten aluminium

6. For the downstream industrial units, molten aluminium may be arranged to be supplied through a dedicated road corridor from the NALCO smelter unit with appropriate safety measures. Units may make payments individually to NALCO for the molten metal being used and a suitable pricing mechanism for molten metal shall be established by NALCO for the park including provisions for revision.

7. The suggested indicative products for the proposed Aluminum Park would include:

Downstream Industries of Aluminium
• Conductors
• Extrusions
• Castings
• Foil
• Others including powder

Ancillary Industries
• Raw materials like caustic soda, coal tar pitch, alum etc.
• Dross recovery unit
• Mechanical Items: Chisel Poker, LDPE sheets, Ingot skimming tool, etc
• Instrumentation Electronic Items: Alarm card, Pressure Switch, T/C sockets, photocell etc
• Refractory Items- like LCC lid cover, flue wall bricks etc.
• Miscellaneous Items- Hand gloves, casting wheel nozzle, cotton dust mask etc.

8. Products to be considered for commercial production within the proposed Park shall be decided based on mutual consent of the prospective Entrepreneurs/Manufacturers and AAPPL –the project SPV taking into account current and planned production facilities and commercial plans of the existing NALCO Smelter Unit adjacent to the proposed project site.

9 The aspect of current pollution level at the Angul Talcher Area shall be critically considered while assessing investment proposals and arriving at the final Project contours

NALCO plans an aluminum smelter and a captive power plant in Jharsuguda with investment of 16,435 crores

Aluminium, Jharsugurha, Jharsugurha- Brajarajnagar- Belpahar, NALCO, Thermal Comments Off on NALCO plans an aluminum smelter and a captive power plant in Jharsuguda with investment of 16,435 crores

Following is an excerpt from a report in rttnews.

 National Aluminium Company or Nalco, the state-run aluminium producer, will invest about Rs.22,000 crore to set up two mega projects, one in Andhra Pradesh and the other in Orissa.

Minister for Mines B.K. Handique told the Lok Sabha Tuesday that the navratna firm would set up a 5-lakh ton aluminium smelter in Jharsuguda, Orissa, along with a 1,260 MW captive power plant at an estimated investment of Rs 16,345 crore.

… it has set apart Rs.2 crore each for pre-project activities in Orissa and Andhra Pradesh.

NALCO in the spotlight: MOU with IDCO for a downstream aluminum park; gets mines in Andhra; plans abroad wrt Indonesia and Iran

Aluminium, Angul, Anugul- Talcher - Saranga- Nalconagar, Bhubaneswar- Cuttack- Puri, Koraput, Koraput- Jeypore- Sunabedha- Damanjodi, NALCO Comments Off on NALCO in the spotlight: MOU with IDCO for a downstream aluminum park; gets mines in Andhra; plans abroad wrt Indonesia and Iran

NALCO has its headquarter in Bhubaneswar. In Orissa, its major operations are in Angul and Damanjodi (Koraput). This week there has been several different news reports about it. We start with an excerpt from a report in Telegraph about the proposed aluminum park in Angul.

An MoU was signed between the central public sector National Aluminium Company (Nalco) and state-owned Industrial Infrastructure Development Corporation (Idco) here this evening.

… The proposed aluminium park, with an estimated cost of Rs 75 crore, will be located at Angul close to the smelter plant of Nalco, said its chairman and managing director C.R. Pradhan.

Nalco and Idco will set up a joint venture on 50:50 basis soon after signing the MoU, he said.

A pre-feasibility study for the aluminium park was conducted by AF Ferguson and 200 acre land has already been earmarked. Electricity, water, road facilities would be developed soon, Pradhan said.

Following is an excerpt from a report in Financial Express about the bauxite mine it got in Andhra Pradesh.

National Aluminium Company Ltd (Nalco) is all set to go ahead with its Rs 6,000 crore aluminium complex venture in Andhra Pradesh as the bauxite mines it had sought has been cleared by the Centre and the Andhra Pradesh government. The company has bagged Gudem and Katamraju Konda bauxite mines in AP, which promises a deposit of 85 million tonne of bauxite, according to a Nalco spokesperson.

Nalco plans to build a 1.4 million tonne green field alumina refinery based on the Gudem and KR Konda bauxite deposits at Visakhapatnam at an estimated investment of Rs 6,000 crore.

Following is an excerpt from a report in Reuters.

NALCO plans to build a 310,000 tonne smelter and a power plant in Iran with Iran’s Kerman Development Organisation in a project that would cost it 80 billion rupees ($1.7 billion).

"Maybe in a month or two we will go ahead for signing the joint venture agreement with our local partner," B.L. Bagra, NALCO’s director of finance, told Reuters.

… Another overseas venture in Indonesia for a smelter and power plant was awaiting port and rail concessions by the Indonesia government, Bagra said.

HLCA clears more projects

Aluminium, Bhadrakh, Business Standard, Cuttack, Dhamara- Chandbali- Bhitarakanika, Dhenkanal, High Level Committee, Hydro, Solar and other renewable, Jajpur Rd- Vyasanagar- Duburi- Kalinganagar, Jharsugurha- Brajarajnagar- Belpahar, Keonjhar, NALCO, NTPC, Ore pelletisation, Puri, Sambalpur, Sambaplur- Burla- Bargarh- Chipilima, Steel, Thermal 1 Comment »

Following is from a report in Business standard:

The Orissa government today cleared projects worth Rs 1,27, 727 crore in steel, aluminium, power, downstream and ore beneficiation sectors.

The list includes 3 projects in the steel sector, 2 projects in the aluminium sector, 6 projects in the power sector, one downstream unit, and two beneficiation and pelletisation units.

… enhancement of the steel capacity of Jindal Stainless Limited (JSL) from 1.6 million tonne per annum (mtpa) to 3.2 mtpa at Kalinganagr Industrial Complex at an investment of Rs 16,266 crore and enhancement of capacity of Visa Steel in the same location from 0.35 mtpa to 1.5 mtpa at an investment of Rs 4995 crore were approved by HLCA.

The public sector aluminum major Nalco’s proposal to set up a 0.5 mtpa alumina smelter and 1260 mw power plant in two phases (840Mw + 420 Mw) at an investment of Rs 16,345.89 crore was also approved. Though the company preferred to set up the project at Brajarajnagar, the location might change. The company is seeking 275.30 hectares of land for the smelter and 575.7 hectares for the power plant.

Similarly, the proposal of the Navayuga Steels for setting up a 12 mtpa port based steel complex at Astaranga in Puri district at an investment of Rs 34,000 crore was cleared by the HLCA. The project will come up in 4 phases and the government will not commit any raw material linkage to it.

Though the company requires 4000 acres of land, the government will assess the land requirement as per the benchmarking report after the company submits the detailed project report (DPR), the minister added.

The public sector National Thermal Power Corporation (NTPC) was given the green signal to set up a 3200 Mw coal based mega power plant at an investment of Rs19,840 crore near the village Gajamara in Dhenkanal district. It requires about 3000 acres of land for the project and will source water from Mahanadi.

However, Jindal Stainless’ proposal to set up 1000 Mw Independent Power Producer (IPP) at an investment of Rs 4090 crore in the same location did not find favour with HLCA with the committee asking the company to change the site of the project.

Other projects which received the nod of HLCA are Rs 6800 crore investment proposal of RSB Metal-tech for setting up 1.4 mtpa alumina refinery, 0.35 mtpa aluminium smelter and 900 Mw CPP at an investment of Rs 6800 crore, Kalinga Energy’s 1000Mw thermal power project at an investment of Rs 4261 crore at Babuchakuli, Arati Steel’s 500Mw thermal power project at Ghantikhal in Cuttack district, Rs 4994 crore investment proposal of Chambal Infrastructures and Ventures Limited for setting up of 1200Mw thermal power plant at Siaria in Dhenkanal district.

Besides, Hyderabad based Lanco Solar’s 250 Mw fully integrated plant to manufacture crystalline silicon solar cells at an investment of Rs 2800 crore in Dhenkanal district, Bhushan Power and Steel Limited (BPSL)’s downstream and ancillary complex in Sambalpur district at an investment of Rs 1953.87 crore, JSW Steel’s proposal to set up 7 mtpa iron ore beneficiation plant and 5 mtpa pelletisation plant at Kamalang in Sundergarh district at an investment of Rs 1450 crore were through in today’s meeting.

Besides, the proposal of Welspun Orissa Steel to set up a 4.5 mtpa beneficiation plant at Nayagarh in Keonjhar district and 4.4 mtpa pellet plant at Dhamra in Bhadrakh district with an envisaged investment of Rs 1963 crore, the proposal of Astaranga Power Company to set up a 2460 Mw power plant at Astaranga at an estimated cost of Rs 11,200 crore were approved by the HLCA.

However, the decision on the 700 mw (Rs 1007crore) power plant proposal of Ind Bharat Energy, 1320 mw (Rs 5604 crore) power plant proposal of Sahara India Power Corporation and the 1100 Mw (Rs 4810 crore ) power plant proposal of Visaka Thermal were deferred.

3 Aluminum projects approved by SLSWCA

Aluminium, Multinationals, NALCO, Single Window Clearance (SLSWCA) 2 Comments »

Following is an excerpt from a report in Business Standard.

The State Level Single Window Clearance Authority (SLSWCA) of the Orissa government, headed by Chief Secretary, Ajit Kumar Tripathy, today approved projects worth Rs 42,911crore mainly pertaining to the aluminium sector. It includes the Rs 16,345 crore investment proposal of the National Aluminium Company Ltd (Nalco), Rs 19,668 crore proposal of L&T-Dubal, Rs 6800 crore proposal of RSB Metaltech and Rs 98 crore investment proposal of Kanpur based Bajaj Steels and Industries Ltd.

NALCO’s 40,000 crore investment plan

Angul, Jharsugurha, NALCO Comments Off on NALCO’s 40,000 crore investment plan

Following is an excerpt from a report in Statesman.

National aluminium company limited (Nalco), which was recently conferred with the prestigious Navratna status, has drawn ambitious growth plans involving massive investment of around Rs 40,000 crore in next five years.

… Sources said the second phase expansion is under implementation at an investment of Rs 4092 crore, which is scheduled to be completed by 2008 end. Even the plans are afoot for the third phase of expansion, which is likely to entail expenditure to the tune of Rs 6000 crore. Under this expansion,

  • the bauxite mining capacity shall be enhanced to around 90 lakh tons,
  • alumina refining to 30 lakh tons,
  • aluminium smelting to 6.3 lakh tons and
  • power generation to 1,700 MW per annum, sources said.

Among the green field projects,

  • a mines and refinery complex is being planned in Andhra Pradesh. The project will involve an investment of Rs 7000 crore.
  • Similarly, in Orissa, a smelter and power complex has been planned in Ib valley in Jharsuguda district at an investment of Rs 8,500 crore. This project envisages a smelter of five lakh tons capacity and a coal-based power plant of 1260 MW capacity. Pre-feasibility report has been finalised by EIL. Nalco has submitted an application for allotment of water resources to state government last month.

The new projects abroad included

  • the proposed five-lakh ton smelter and a 1250 mw captive power plant in Indonesia.
  • Besides, Nalco is exploring the possibilities of setting up a smelter and power plant in South Africa at an investment of around Rs 16,000 crore.

Also the company plans to set up

  • an aluminium park in Angul, as a joint venture with IDCO.
  • Similarly, it has entered into an agreement with Bharat Earth Movers Limited for the production of aluminium rail wagons. (Where ?)
  • This apart, cement plant being another new venture for the flagship PSU, expression of interest has been invited from competent parties to set up a cement plant based on fly ash of Nalco’s power plant at Angul

NALCO’s CSR activities

Aluminium, Bauxite, Corporate Social Responsibility (CSR), NALCO 2 Comments »

Following is from a report in Pioneer (Note: It may be in response to

National Aluminium Company (Nalco) has so far spent more than Rs 100 crore towards various social sector development activities. Creation of infrastructure in the surrounding villages for communication, education, healthcare and drinking water gets priority in the periphery development plans of the company.

Nalco sources said community participation in innovative farming, pisciulture, social forestry and sanitation programmes apart, encouragement to sports, art, culture and literature are all a part of Nalco’s involvement with the life of the community. Successful operations of the company have led to employment and income generation for the local people in many significant ways.

These apart, during natural calamities, Nalco has been donating to the Chief Minister’s Relief Fund and Prime Minister’s National Relief Fund. Soon after Super Cyclone in Orissa in 1999, Nalco created 197 primary school-cum-cyclone shelters in the coastal districts. Besides, illuminating Lord Lingaraj Temple, Nalco has set up Mahatma Gandhi Park and Biju Patnaik Park in Bhubaneswar and Gandhi Ghat Park at Puri. The company has also committed Rs 2 crore for renovation of Ananda Bazar in the premises of the Jagannath Temple.

"In education, our focus is on primary education, for which we have been extending financial assistance in remote tribals-dominated places of Orissa. But, despite our best of intentions, it is not possible to fund all such projects. As a result, at times, some aggrieved persons do turn to media to tarnish the image of Nalco," a senior officer of the company remarked.

As for the rehabilitation of the 635 families displaced due to the Nalco project in the Damanjodi and Angul sectors, the company sources said employment has been provided to 629 nominees. The nomination status of balance six families has been taken up at appropriate level. Besides, 1,530 families were substantially affected (parting with one-third or more of their lands) in Angul. Even from these, jobs have been provided to 1,160 persons. Nalco has also been sponsoring ITI training to such persons, with 543 having been technically trained so far.

Nalco CMD CR Pradhan said, "As a corporate policy, Nalco has been allocating 1 per cent of its net profit of the year for social sector activities in the succeeding year. During the 2006-07 fiscal, Nalco made a net profit of Rs 2,381 crore and, accordingly, for the 2007-08, the company allotted Rs 23.81 crore for various developmental activities. "Today, in any investment plans in Orissa, the interested companies are cited Nalco’s role as a responsible corporate citizen."

NALCO’s plan for Jharsuguda

Aluminium, Business Standard, Jharsugurha, Jharsugurha- Brajarajnagar- Belpahar, NALCO Comments Off on NALCO’s plan for Jharsuguda

Following is an excerpt from a report in Business Standard.

National Aluminium Company (Nalco) is exploring the possibility of setting up a greenfield aluminium smelter and captive power plant near Jharsuguda, western Orissa at an investment of more than Rs 14,000 crore.

The capacity of the proposed smelter is pegged at 5 lakh tonnes per annum with a captive generation facility of 1,250 mw. The alumina required for the project is likely to be sourced from Nalco’s existing refinery at Damanjodi.

Engineer’s India (EIL), which has been appointed the consultant, has found the project technically feasible.

Jharsuguda is being chosen as the possible site for the plant as it is in the vicinity of the IB valley coal reserves. While the company has the required technology, land acquisition is expected to be trouble-free as most part of the identified patch is government land and barren.

… "Yes, we have plans to set up a smelter and captive power plant in Jharsuguda to add about 9 lakh tonne alumina capacity which is exported annually now. The project’s fate does not hinge on the availability of water," B L Bagra, director (finance), Nalco, told Business Standard.

Meanwhile, the state-owned Industrial Promotion and Investment Corporation of Orissa (Ipicol) has forwarded the company’s application for water from IB river to the water resources department.

Nalco gets Navratna status

Aluminium, Angul, Khordha, Koraput, NALCO Comments Off on Nalco gets Navratna status

Following is an excerpt from a report in Kalinga Times.

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 been granted the Navratna status.

Navratna status is conferred on select Central Public Sector Enterprises (CPSE),on becoming significant players in the economic development of the country.

On achieving the status, certain powers are delegated to those CPSEs that had comparative advantages and capacity to become global giants.

As per the wikipedia entry on Navratna:

The ‘Navaratna’ status offers a company enhanced financial and operational autonomy and empowers it to invest up to Rs. 1000 cr or 15% of their net worth on a single project without seeking government approval. In a year, these companies can spend up to 30% of their net worth not exceeding Rs. 1000 cr. They will also have the freedom to enter joint ventures, form alliances and float subsidiaries abroad.



NALCO to establish an aluminium park in Angul

Aluminium, Ancilaries, Angul, Anugul- Talcher - Saranga- Nalconagar, Bauxite, Coal, NALCO Comments Off on NALCO to establish an aluminium park in Angul

Following are excerpts from a report on this in Business Standard.

National Aluminium Company (Nalco), the largest producer and exporter of aluminium in the country, plans to set up an aluminium park at Angul to boost consumption of the metal within the state.

Most of the aluminium produced by the public sector blue chip company, at present, is either exported or sold outside the state for further value addition. Out of the average 30,000 tonnes of aluminium produced per month by Nalco’s smelter at Angul, 28,000 tonnes are dispatched outside the state, with only 2,000 tonnes being consumed in the state.

The proposed aluminium park is expected to increase the metal consumption within the state to at least 20,000 tonnes per month, says CR Pradhan, chairman and managing director of Nalco.

He said both national and international aluminium players would be invited to set up downstream units in the proposed park to facilitate more metal sales within the state. Nalco has approached the Industrial Infrastructure Development Corporation of Orissa (IIDCO) to acquire about 1,000 acres to be handed over to it for the purpose.

Meanwhile, Nalco’s plan to set up a second smelter plant along with a captive power plant in Orissa depends on the company being allotted additional bauxite mines and coal block for the project. …

Allaying all apprehensions regarding delay in the ongoing expansion project of Nalco, both at Angul and Damanjodi facilities, he said they would be completed within stipulated time.

NALCO make Rs 2381 crores profit in 2006-07

Anugul- Talcher - Saranga- Nalconagar, NALCO Comments Off on NALCO make Rs 2381 crores profit in 2006-07

Following is an excerpt from a report in Asian Age.

National Aluminium Company Ltd (Nalco) on Friday notched up the highest ever net profit of Rs 2,381 crores in 2006-07 compared to Rs 1,562 crores in the previous year, thus registering a growth of 52 per cent in the net profit.

The company at its 26th annual general meeting (AGM) held here to approve the accounts for 2006-07 said it also achieved the highest-ever sales turnover of Rs 6,515 crores as against the sales turnover of Rs 5,324 crores during the previous year registering a growth of 24 per cent in turnover. It also made an impressive record export earning of Rs 2,585 crores in the last fiscal.

The gross margin jumped by 40 per cent to Rs 3,942 crores in 2006-07 from Rs 2,811 crores in the previous year. Return on capital employed increased to 32 per cent against 25 per cent in the previous year. The earning per share increased to Rs 37 from Rs 24 in the previous year.

Lok Sabha written reply on rehabilitation of land oustees by NALCO

Anugul- Talcher - Saranga- Nalconagar, NALCO, R & R Comments Off on Lok Sabha written reply on rehabilitation of land oustees by NALCO

Following is from this PIB release.

The total number of land oustees for National Aluminium Company Limited(NALCO)’s Mines & Refinery Complex, Damanjodi is 600 and for its Smelter & Power Complex, Angul is 35. As a part of rehabilitation policy, NALCO at its initial stage, had formulated a policy for providing employment to one able bodied member of each oustee family subject to suitability of candidate and availability of vacancy. Out of 600 land oustees at Damanjodi, one member each from 591 land oustees has been provided employment and out of 35 at Angul, 34 have been given employment in the Company.

NALCO has intimated that the Company stands committed to provide employment to at least one member of each land oustee family. However, the Company has not been able to provide employment in respect of the remaining oustees as on date due to reasons like non-determination of bonafide nominees, lack of response from the families, etc.

Above information was given by the Minister of State for Mines Dr. T. Subbarami Reddy in a written reply in the Lok Sabha today.

Nalco: Rs.446.66 crore profit in Q1

Aluminium, Angul, Anugul- Talcher - Saranga- Nalconagar, Bauxite, Bhubaneswar-Dhenkanal- Anugul, Koraput, NALCO Comments Off on Nalco: Rs.446.66 crore profit in Q1

Following is an excerpt from Deepika Global’s report on this.

(UNI) The National Aluminium Company Ltd (NALCO), …, has achieved a net profit of Rs 446.66 crore for the first quarter ended June 2007.

According to the unaudited financial results for the 3-month period of the financial year 2007-08 taken on record in the Board of Directors meeting held in New Delhi today, the company achieved a net profit of Rs 446.66 crore, with a sales turnover of Rs.1287.12 crore.

However, during the first quarter of previous fiscal, the figures were up at Rs 622.30 crore and Rs 1620.82 crore respectively.

The company also achieved higher alumina production of 3,87,800 tonne compared to 3,58,100 tonne in the first quarter of the previous year.

Nalco plans to convert fly-ash to salable products; proposed cement venture

Anugul- Talcher - Saranga- Nalconagar, Cement, Coal, NALCO, Thermal Comments Off on Nalco plans to convert fly-ash to salable products; proposed cement venture

The Economic Times reports on NALCO’s plan about a cement venture and its plans to convert fly-ash to salable product. Following are excerpts from that report.

… (Nalco) has decided to diversify into cement manufacturing and is looking for global joint venture partners to float a medium to large sized cement plant. Nalco’s proposed cement venture is part of its decision to use fly ash generated at its captive power plant at Angul in Orissa and convert it into sale-able products. …

Nalco is primarily looking at the possibility of manufacturing Pozzo-lana Portland Cement (PPC). A byproduct of coal-fired power plants, fly ash can replace a proportion of the clinker used in cement plants. However, the company is also open to any other form of utilisation of fly ash in the JV.

The company is also seeking JV partners for classification and marketing of cementitious applications in the domestic and export markets. Cementitious products have cement-like, cementing, or bonding type properties. As the largest state owned producer of aluminium, Bhubaneswar-based Nalco operates alumina-aluminium complex along with a captive power plant, and has embarked on a major expansion programme to raise metal capacity.

The project also involves enhancing installed captive power generation capacity from 960 mw to 1,200 mw at Angul. Fly ash is commonly used as a high-performance substitute for Portland cement or as clinker for Portland cement production. Cement blended with fly ash is becoming very common. Building material applications range from grouts and masonry products to cellular concrete and roofing tiles.

Nalco has eight power units of 120 mw each, while the expansion project involves setting up two more identical units of 120 mw. These will be commissioned by the year 2008.

Typically, such units generate about 5,000-6,000 tonnes of ash per day, of which fly ash consists of 4,000-4,800 tonnes. A project is un-derway to allow easy loading of fly ash from the plants. By 2009, the quantity of fly ash that can be utilised is expected to touch 4,500 ton-nes per day. At present, this volume is about 900 tonnes.

“Nalco is yet to decide on the size of the cement plant. However, rough estimates show that a one million tonnes cement plant can be put up to utilise three lakh tonnes of fly ash. Nalco’s current fly ash generation per annum is 3.2 lakh tonnes,” a Nalco official said.

Expansion of Nalco

Aluminium, Angul, Anugul- Talcher - Saranga- Nalconagar, Bauxite, NALCO Comments Off on Expansion of Nalco

Livemint reports on NALCO’s expansion plan. Following are excerpts from that report.

State-run aluminium producer, Nalco, will tap the overseas market to raise $250-million by August-end for its ambitious capacity expansion plan.

Nalco is undertaking a major expansion, including ramping up of its alumina capacity at the cost of Rs 5,040 crore. …

In between, Nalco has placed orders on foreign equipment suppliers for its expansion project and the deliveries are due in 2008.

The project involves expansion of capacity of its bauxite mine, alumina refinery, captive power plant and aluminium smelter by about 33%, he said.

Under the expansion, the capacity of bauxite mine in Koraput district of Orissa would be increased from 4.8 million MT a year to 6.3 million MT.

The alumina capacity would go up to 2.1 million MT annually from the present 1.58 million MT, he said. Besides, the capacity at the captive power plant at Angul in Orissa would be ramped up to 1,200MW, he added.

The PSU also plans to enhance its aluminium smelting capacity from 345,000 MT to 460,000 MT per annum.

In the medium-term, after the completion of the expansion project by 2008-end, a growth of 30% is targeted, the official added.

Orissa government gets tough on MCL

Coal, MCL, NALCO, NTPC, R & R Comments Off on Orissa government gets tough on MCL

Statesman reports that the Orissa government has asked MCL to provide jobs to displaced people. Following are some excerpts from that report.

The state government today directed Mahanadi Coalfields Ltd to provide jobs to all those affected or displaced persons within four weeks and also asked other PSUs ~ NTPC and Nalco ~ to furnish weekly progress reports on rehabilitation measures. The decisions were taken at a high level meeting convened by revenue minister Mr Manmohan Samal here today. …

Mr Samal today directed that all categories of land losers and affected persons ought to be provided with employment within four weeks. Interestingly, he is also believed to have told the Central PSU that they should go by the Land Acquisition Act and not the Coal Bearing Act. The implementation of Coal Bearing Act had created problems since much of the land was notified but lying unacquired physically for several years. In the process, the land owner was unable to either sell or do anything with the land. With regards to employment of affected persons, it is learnt that the contentious issue relates to what is categorised as “C” type affected persons. These were people who had lost their land practically and not their homestead land.

What is the public sector Mahanadi Coalfields Limited (MCL) up to?

Central public sector, Coal, MCL, Mining royalty, NALCO, NTPC, R & R, SAIL Comments Off on What is the public sector Mahanadi Coalfields Limited (MCL) up to?

Last week transportation of coal from Mahanadi Coalfields Limited came to a grinding halt and NALCO and NTPC Talcher that depend on that coal got into a critical situation. Following are excerpts from a Newkerala news report that mentions why MCL got into that situation.

Sources said the land losers of Zillinda, Kandhal and Solod affected by Ananta and Bhubaneswari mines stopped Ananata, Jagananath and Bhubaneswari open cast mines and close down the concerned project officers’ offices since yesterday demanding the promised job to the oustees by Mahanadi Coalfield Limited (MCL).

The villagers alleged that MCL authorities did not meet their commitments to provide 80 jobs to them till date forcing them to go for strike.

Similarly the land oustees of Kandhal marched to Lingaraj mine linked to NTPC-kaniha yesterday and stopped the output protesting the non-availability of employment to them as promised by Lingaraj authorities.

Coal transportation from Hngula and Balaram mines had been hit for the last four days due to the road blockade by Soloda villagers demanding jobs.

Angul Collector Girish S N said the authorities were monitoring the situation and senior officials dealing with land acquisition and rehabilitation had been rushed to troubled areas to negotiate with the agitating villagers.

Kalinga Times reported on a letter that CM Naveen Patnaik wrote to the PM on this issue. Following are some excerpts:

In a letter to Singh on Monday, the Chief Minister said that MCL should continue supplying coal to National Aluminium Company (NALCO) and National Thermal Power Corporation (NTPC) to help these industries continue uninterrupted power generation.

Blaming the MCL authorities for not extending the rehabilitation and resettlement benefits to the people affected by coal mining, Patnaik said the public sector undertaking should go as per the State’s R&R policy as the Centre was yet to adopt a new policy in this regard.

Extending R&R benefits to the families affected by the operations of MCL will go a long way in improving law and order situation in the region, Patnaik said.

In recent months there have been reports regarding how some R & R issues with respect to Hirakud dam oustees and SAIL Rourkela still remains unresolved after several decades. It seems that many public sector companies with their central government connections are arrogant and have not done R & R properly. As a result people do not trust R & R promises made by anyone (private or public companies) and as a result various projects that could help Orissa get out of the bottom, are getting inordinately delayed.

Collection of old links on investments and investment plans

Anil Ambani group, Arcelor Mittal, Birlas, Central public sector, CIL, Indian majors, Industrial houses, INVESTMENTS and INVESTMENT PLANS, IOC, L & T, MCL, Mukesh Ambani group, NALCO, NTPC, POSCO, SAIL, Tatas, Vedanta Comments Off on Collection of old links on investments and investment plans

Following is somewhat of a dated collection on investments and investment plans in Orissa.