Summary

• Page properties (1 modified, 0 added, 0 removed)

Details

Page properties

Content

...	...	@@ -9,6 +9,9 @@
9	9	* NACO reported a nine-fold rise in consolidated profit at Rs 935.74 crore for the quarter ended March 31, 2021
10	10
11	11
	12	+[[image:NATIONALUM0.jpg||height="341" width="611"]]
	13	+
	14	+
12	12	= Company Overview =
13	13
14	14	National Aluminium Company Limited (NALCO) (NSE :NATIONALUM)  is a Navratna CPSE under Ministry of Mines. It was established on 7th January, 1981, with its registered office at Bhubaneswar. The Company is a group ‘A’ CPSE, having integrated and diversified operations in mining, metal and power. From the days of first commercial operation since 1987 the Company has continuously earned profits for last 34 years. Despite the Global COVID-19 pandemic NALCO has posted an impressive net turnover and net profit of Rs.8,869.29 crore and Rs.1,299.56 crore respectively in FY20-21.  Presently, Government of India holds 51.28% equity of NALCO. {{footnote}}https://nalcoindia.com/company/about-us/{{/footnote}}
...	...	@@ -23,6 +23,9 @@
23	23	NALCO is the first Public Sector Company in the country to venture into international market in a big way with London Metal Exchange (LME) registration since May, 1989. The Company is listed at Bombay Stock Exchange (BSE) since 1992 and National Stock Exchange (NSE) since 1999.
24	24
25	25
	29	+[[image:NATIONALUM1.jpg]]
	30	+
	31	+
26	26	= Business Overview =
27	27
28	28	== Bauxite Mines ==
...	...	@@ -33,7 +33,6 @@
33	33	* Area of deposit – 16 sq. KM.
34	34	* Resource – 310 million tonnes.
35	35
36		-
37	37	== Alumina Refinery ==
38	38
39	39	The Alumina Refinery is located at Damanjodi, Odisha, approximately 14 KM from the bauxite mine at Panchpatmali. The mined-out bauxite is transported from captive mine to refinery by a 14.6 KM long single-light multi-curve 1800 tonnes per hour (TPH) capacity cable belt conveyor. The alumina produced is transported to aluminium smelter at Angul (Odisha) and to Vizag (Andhra Pradesh) port by rail.
...	...	@@ -76,7 +76,6 @@
76	76	* Alumina storage capacity: 3 x 25,000MT RCC Silos.
77	77	* Caustic soda Lye storage capacity: 3 x 10,000LMT.
78	78
79		-
80	80	== Wind Power Plants ==
81	81
82	82	The 1st wind power plant of capacity 50.4 MW (2.1MW, 24 nos. WEGs) in Gandikota, Andhra Pradesh was commissioned in December 2012 and the 2nd wind power plant of capacity 47.6 MW (0.85 MW, 56 nos. WEGs) at Ludarwa site, in Jaisalmer, Rajasthan was commissioned in Jan’2014. 3rd wind power plant of capacity 50 MW (2 MW, 25 nos. WEG) at Devikot site, Jaisalmer, Rajasthan and a 50.4 MW (2.1MW, 24 nos. WEGs) Wind Power Plant at Sangli, Maharashtra commissioned in FY 2016-17.
...	...	@@ -87,7 +87,9 @@
87	87	NALCO utilised the entire available roof top space in Corporate Office, Township and NRTC at Bhubaneswar for setting up of 310 kWp solar power plant.
88	88
89	89
	94	+[[image:NATIONALUM2.jpg]]
90	90
	96	+
91	91	= Industry Structure and Developments =
92	92
93	93	== Alumina ==
...	...	@@ -113,6 +113,9 @@
113	113	In contrast to global market deficit of about 1.0 Million Tonnes in 2019, a huge market surplus of about 5.5 Million Tonnes is expected in 2020, mainly due to sharp drop in demand owing to COVID-19 without any significant production cuts.
114	114
115	115
	122	+[[image:NATIONALUM3.jpg]]
	123	+
	124	+
116	116	= Financial Highlights =
117	117
118	118
...	...	@@ -123,6 +123,9 @@
123	123	Other Operating Income during the year has decreased from ₹113.00 crores to ₹46.09 crores as compared to the previous financial year. This drop of operating income by about 59% is mainly due to lower export incentive caused by lower sales realization of Alumina and Aluminium and lower incentive earnings on renewable power generated caused by the lower quantum of sales and the lower trading price of Renewable Energy Certificates (REC) at the designated exchanges.
124	124
125	125
	135	+[[image:NATIONALUM4.png]]
	136	+
	137	+
126	126	== NALCO registers 9 fold increase in Net Profit for FY 2020-21 ==
127	127
128	128
...	...	@@ -142,7 +142,6 @@
142	142	The results were driven by strong operational performance by units, with effective sales strategy, cost saving measures, supported by favourable LME price, the company said.
143	143
144	144
145		-
146	146	= References =
147	147
148	148	{{putFootnotes/}}