India’s Top PSUs 2019

India’s Top PSUs 2019 Advertorial 33 National Aluminum Company Limited About the Company National Aluminium Co Ltd (NALCO) is a Navratna CPSE under the Ministry of Mines. Established in 1981, the company is an integrated and diversified mining, metal and power group ‘A’ CPSE. NALCO serves clients in over 15 countries, with export sales ( ` 47,930 mn) accounting for 42% of turnover in FY19. During FY18, NALCO was the third highest net Foreign Exchange Earning CPSE in India. Business Operations The company’s core business includes Bauxite Mining, Alumina Refining, Aluminium Smelting and Captive Power generation. NALCO is one of the largest integrated Bauxite-Alumina-Aluminium-Power Complexes in the country. NALCO has developed a new corporate plan, with well-defined strategies to meet industry challenges. It has planned brownfield and greenfield expansion projects, including the ongoing 5th Stream Refinery project of 1 MTPA capacity in existing Alumina Refinery at Damanjodi (brownfield), development of Pottangi bauxite mines, Utkal D&E coal mines in Odisha, and the establishment of 0.5 MTPA brownfield smelters in Odisha. The company is also establishing a caustic soda plant in JV with Gujarat Alkalies & Chemicals Ltd in Gujarat, and has planned a CT Pitch plant in JV with Neelachal Ispat Nigam Ltd (NINL) in Odisha. A JV company, Angul Aluminium Park Pvt Ltd, has been formed with Odisha Industrial Infrastructure Development Corp to boost ancillary, upstream and downstream products related to the aluminium industry. In addition to the existing 198 MW wind power plants, another 25.5 MW wind power plants are in the pipeline. Research & Development NALCO has filed 37 patents, of which 17 have been granted and six have been commercialized till July 2019. The company is also endeavoring to salvage iron concentrate from red mud, gallium from spent liquor. NALCO successfully commissioned a de-fluoridation process based on nano-technology to de- contaminate effluent water of smelter without using any chemicals, and ensuring almost 100% recovery of water. CSR Initiatives The company undertakes CSR activities in tribal-dominated areas of Odisha, under the following key areas: – • Education: Free residential education to tribal children; adoption of girls under the ‘Beti Bachao, Beti Padhao’ initiative. • Health Care: Medical facilities provided to patients in peripheral villages. Doorstep delivery of healthcare services through Mobile Health Units (MHUs). Eye-care centre constructed in Angul village for the poor. • Swachh Bharat Abhiyan: Construction of toilets to make villages ODF. • Iconic Shrine Project - Development of Puri as a Swachh Iconic place. • Free battery-operated vehicle (EVs) services provided to pilgrims at Puri and Bhubaneswar-Cuttack. • Initiated piped water supply to villages in Angul. • Solar lights installed in 19 periphery villages. Dun & Bradstreet D-U-N-S® No 65-005-8779 Financial Snapshot ( ` Mn) Parameters FY18 FY19 Total Income 99,179.6 118,251.9 Net Profit 13,424.1 17,324.0 Total Assets 146,138.0 151,469.6 Ratios NPM (%) 13.5 14.7 C/R (Times) 2.3 1.9 ‘Ratna’ Status (As of June 2019) Navratna Management Details Chairman-cum-Managing Director Dr. Tapan Kumar Chand Directors Sridhar Patra V Balasubramanyam Basant Kumar Thakur Sanjib Kumar Roy Pradip Kumar Mishra Address Nalco Bhawan, P/1, Nayapalli, Bhubaneswar - 751013, Odisha Website www.nalcoindia.com Dr. Tapan Kumar Chand Chairman-cum-Managing Director