National aluminium company limited

gscrockz 3,649 views 15 slides Apr 15, 2013
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NATIONAL ALUMINIUM COMPANY LIMITED (A Govt. of India Enterprise ) By Sagar choudhury

ABOUT NALCO The company traces its origins to 1928 in the United States with the establishment of National Aluminate Corporation - formed from the merger of Chicago Chemical Company and the Aluminum Sales Corporation . In 1959 it changed its name to Nalco Chemical Company .

Contd…. It incorporated in 1981 , as a public sector enterprise of the Government of India National Aluminium Company Limited (Nalco) is Asia's largest integrated aluminium complex. Commissioned during 1985-87 , Nalco has emerged to be a star performer in production, export of alumina and aluminium , and more significantly, in propelling a self-sustained growth.

Vision : To be reputed global Company in the Metals and Energy Sectors. Mission : To continuously develop human resources create safe working conditions improve productivity and quality and reduce cost and waste.

Contd…. To be a good corporate citizen,protecting and enhancing the environment as well as discharging social responsibility in order to ensure sustainable growth. To intensify R&D for technology development. To satisfy the customer & Share holder , employees & all other stake holder

List of the Board of Director Shri Ansuman Das CHAIRMAN-CUM-MANAGING DIRECTOR & DIRECTOR (COMMERCIAL) Ms. Gauri Kumar,IAS Shri Arun Kumar,IAS PART-TIME OFFICIAL DIRECTOR PART-TIME OFFICIAL DIRECTOR

Contd….

Chief Vigilance Officer Shri P.K.Mohanty,IAS CVO EXECUTIVE DIRECTORS Shri K.S. Sreedhara ED (Production) Shri P.R. Choudhury Shri B.N.Mohanty ED (S & P) ED (M&R) Shri G. Chand ED(Materials) & ED (Marketing) I/c Shri K.C.Samal Sri S.K.Dash ED (Finance) I/c ED(P&T) I/c Shri P.C. Panigrahi ED (H&A) I/c

Corporate Social Responsibility National Aluminium Company Limited (Nalco), a Navratna PSU of Govt of India, allocates 2% of its net profit for CSR initiatives. During the last couple of years, the company has allocated Rs.37.67 crore , while for 2012-13, the CSR budget is Rs.16.99 crore , excluding special allocations.

Contd …. B.N. Mohanty , ED(M&R), in the presence of Shri S.R. Nayak , GM(SPP). School children also participated in the mass plantation As in previous years, Nalco supplied five lakh water pouches (ISI marked) for distribution during Rath Yatra of Lord Jagannath at Puri . Trucks loaded with pouches were handed over to the Collector of Puri

Contd …. A blood donation camp was organized by Nalco in association with Rotary Club of Temple City, at Mahanadi Nivas Auditorium, Bhubaneswar on July 22. The 1st unit of blood was donated by Shri B.L. Bagra, the then CMD.

Contd …. From the very beginning, the company set up four schools – two Odia and two English medium – in Damanjodi and Angul townships of Odisha, where its mines and plants are located. Besides children of Nalco employees, other children also avail the benefit of quality education in these schools

CONCLUSION Though Nalco is one of the public limited company under Ministry of Mines, Government of India But Today, it is   Asia 's largest, and one of the world's leading and the Sixth largest,integrated aluminum   complex,encompassing   bauxitemining ,   alumina   refining, aluminum   smelting   and   casting , power generation, rail and port operations. It boasts of some of the world's latest and finest technology in the Aluminum manufacturing industry. In the 2009-10 Nalco was able to achieve the sale & profit after tax figure of 5050 crore & 814 crore .

Contd …. In the 2010-11 financial year Nalco was able to achieve the Sales and Profit Figure of 5959 crore & 459 crore . Now Nalco is planning to invest around 40,000 cores of Indian rupees in the next five years starting 2008. The investments will be made in alumina smelters and power projects in   Indonesia ,   South Africa ,   Iran   and within   India . National Aluminum Company Ltd (Nalco) plans to hike its stake in the nuclear power joint venture with Nuclear Power Corporation of India (NPCIL). Nalco's current stake in the firm is 26% and its is expected to be 49%.

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