National Aluminium Company Ltd

Nalco was incorporated in 1981 in the public sector following a major investment decision of the government to exploit a part of the large deposits of bauxite discovered in the east cost. Aluminium Pechiney of France, a world leader in the field, provided the technology and basic engineering for bauxite mine, alumina refinery and smelter. The project cost of Rs. 2408 crore was partly financed by 980 million Euro-dollar loan extended by a consortium of international banks.

The state-of-the-art technology and Euro-dollar funding of the project were, no doubt , high risk ventures of early eighties, which now looking back, were of course worth taking. With its consistent track record in capacity utilisation, technology absorption, quality assurance, export performance, servicing of loans, internal resource generation and posting of profits, Nalco has chartered a course of international confidence in India's industrial capability.

 

Nalco has to its credit received ISO-9002 certification for all its manufacturing units viz. Bauxite Mine, Alumina Refinery, Aluminium smelter and captive power plant. In addition it has obtained ISO 14001 certification for environment management for its Bauxite mine, Alumina refinery and power plant.

Today' Nalco has emerged as the largest integrated bauxite alumina-aluminium complex in Asia, enabling India to witness a quantum jump in alumina and aluminium production. Nalco for the first time created exportable surplus in alumina and helped India to focus on its massive bauxite resources.