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Page last modified on : Feb 25, 2017

Dr. Tapan Kumar Chand elected Chairman of CII


Dr. Tapan Kumar Chand elected Chairman of CII

Bhubaneswar, 25/02/2017: Dr Tapan Kumar Chand Chairman-cum-Managing Director, NALCO has been elected as Chairman of Confederation of Indian Industry (CII), Odisha State Council at its Annual Meeting  held on 25th February 2017 at Bhubaneswar. Dr Chand is currently holding the post of Chairman Aluminium Association of India & the Chairman of National Mines & Minerals Council of Associated Chambers of Commerce & Industry of India (ASSOCHAM). In his maiden address as Chairman of CII, Odisha State Council, Dr Chand mentioned that CII will be the platform for all industries in the state, “big or small, CII will work for all.” He thanked the State Govt for designating CII as its partner, in the progress of the State and highlighted the need for further enhancing ease of doing business and reduction in the cost of doing business. He underscored the need for growth with employment to speed up development in the State. He informed that the rate of employment of MSMEs in Odisha is 5.2 and far higher than the national average of 2.3 and that this sector needs handholding by the Government & Large industries for its growth. Dr. Chand mentioned that, as a way forward, CII will work for enhancing Odisha as a choice destination for investment by industries, advocate rationalisation of existing & formulation of new industry savvy policies and disseminate benefits under the industrial policy to user industries.

Speaking on the occasion, Shri Debi Prasad Mishra, Hon’ble Minister of Industries & School & Mass Education, Govt of Odisha complimented CII for its proactive role and informed that the Govt has been able to reduce approval time for industries significantly, making it as low as 20. He urged industry captains under the able leadership of CII and its incoming Chairman Dr. Chand to work for making Odisha the hub of manufacturing. Among others, Shri P.K. Jena, IAS, Principal Secretary, Department of Electronics & Information Technology, Govt of Odisha, Shri Sanjeev Chopra, IAS, Principal Secretary, Department of Industries, Govt of Odisha, Shri T.V. Narendran, Chairman, CII, Eastern Region and Managing Director, Tata Steel Ltd., Ms. Nita Karmakar, Regional Director, Eastern and North-Eastern Region, CII and Shri Sanjay Pattnaik, outgoing Chairman, CII, Odisha State Council were present on the occasion.

High-tech CCTV Cameras at Lingaraj Temple by NALCO


High-tech CCTV Cameras at Lingaraj Temple by NALCO

Bhubaneswar, 23/02/2017: High-tech CCTV Cameras have been installed in the premises of Lord Shri Lingaraj Temple, with a view to enhance the security of the Temple and safety of the devotees. Dr. Tapan Kumar Chand, Chairman-cum-Managing Director of National Aluminium Company Limited (NALCO) has inaugurated the surveillance system on 23rd February at the Temple Office, in the presence of Shri Niranjan Sahu, IAS, Collector and District Magistrate of Khurda, Shri Manoranjan Mohanty, ADM and Shri Pratapaditya Mishra, Advisor(CSR), NALCO. It may be mentioned that 22 CCTV Cameras have been provided by NALCO in the Temple. Earlier, NALCO has provided the lighting system for the illumination of the Lingaraj Temple. It may also be noted that NALCO has also taken up the initiative for developing the surroundings of Jagannath Temple in Puri and creating facilities and infrastructure for the benefit of the pilgrims under the Iconic City programme of the Prime Minister.

Meeting of Bhubaneswar Town Official Language Implementation Committee (Undertakings) at NALCO


Meeting of Bhubaneswar Town Official Language Implementation Committee (Undertakings) at NALCO

Bhubaneswar, 18.02.2017: The Fifth half-yearly meeting of Bhubaneswar Town Official Language Implementation Committee (Undertakings) was organized on 17th February at NALCO’s Corporate Office. The meeting was presided by Dr. Tapan Kumar Chand, CMD, NALCO and Chairman of the Committee. Shri Basant Kumar Thakur, Director (HR), NALCO, Shri R. Mahalingam, Director, Airport Authority of India, Shri Bikash Ranjan Mohanty, State HR Head of Indian Oil Corporation Ltd., Shri H.K. Meena, Asst. General Manager, Food Corporation of India, Shri Chandan Kumar, General Manager, ITDC, Shri S.S. Haldar, Dy. General Manager, ITI Ltd, were the guests of honour on the occasion.
The meeting was also attended by Hindi officers of BSNL, LIC of India, United Insurance Co. Ltd., Oriental Insurance Co. Ltd., New India Assurance Co. Ltd., MMTC Ltd., SAIL, RINL, NTPC Ltd., RITES, ESI Corporation, NCDC, ECGC Ltd., Central Warehousing Corporation, Power Grid Corporation Ltd., BEML Ltd, REC Ltd., IOCL, FCI, ITDC and ITI Ltd. and other CPSUs of Bhubaneswar. The second issue of Hindi E-magazine 'Anant' was released by Dr. Chand in the meeting, which was much appreciated.
Discussions were held, among the members, on organizing joint programmes like Hindi Workshop, Hindi Competitions, instituting Hindi Awards for the Office doing best jobs in Hindi and constituting of sub-committees for increasing use of Hindi in Official work. Shri B.K. Thakur, Director (HR), NALCO, reviewed the quarterly progress report of the offices and suggested several steps for improvement.
After the discussion among members, the Chairman Dr. Chand mentioned that Hindi is used as language of general communication among different states and is popular for its simplicity. He suggested holding regular Hindi workshops, constitution of Advisory sub-committee and organising a Hindi Kavi Sammelan for enhancing the use of Hindi in day-to-day official jobs. He urged all the representatives of member-offices use Hindi in maximum possible official work. The meeting was coordinated by Shri Hariram Pansari, Member-secretary of the Committee and Manager (Rajbhasha) of NALCO.


NALCO signs MoU for sustainable rehabilitation in Red Mud area


NALCO signs MoU for sustainable rehabilitation in Red Mud area

Bhubaneswar, 16.02.2017: An MoU was signed between Nalco and The Energy and Resources Institute (TERI), New Delhi on 15th February, for various scientific, technological and educational activities in the area of mining rehabilitation especially bauxite mining and sustainable development.
Shri Piyush Goyal, Union Minister of Power, Coal, New & Renewable Energy and Mines, Shri Balvinder Kumar, IAS, Secretary, Ministry of Mines, Govt of India, Dr. Tapan Kumar Chand, CMD, Nalco and other senior officials of Ministry of Mines and TERI were present on the occasion.
“The MoU will further strengthen Nalco’s initiatives being undertaken under Sustainable Development Framework (SDF) and has the potential for being a benchmark for best practices in bauxite mining, said Dr. Chand. “The activities under the MoU will cover mining rehabilitation methods and technologies, sustainable rehabilitation on red mud areas, capacity building, workshops & preparation knowledge documents on mining rehabilitation,” he added.

NALCO’s Mines gets 5-Star Rating


NALCO’s Mines gets 5-Star Rating

Bhubaneswar, 15.02.2017: The Panchpatmali Bauxite Mines of National Aluminium Company Limited (Nalco) has been conferred with the 5-Star Rating by the Ministry of Mines in stringent evaluation process taken up by IBM. The 5-star rating award, along with certificate of excellence was handed over to Dr. Tapan Kumar Chand, CMD NALCO, by the Union Minister of Power, Coal, New & Renewable Energy and Mines Shri Piyush Goyal during the 2nd National Conclave on Mines and Mineral held at Delhi on 15th February, in presence of Shri Balvinder Kumar, IAS, Secretary, Ministry of Mines, Govt of India. The award has been given to Nalco for its efforts and initiatives undertaken in the implementation of the Sustainable Development Framework (SDF). The SDF includes implementation of best practices in mining operations, rehabilitation & reclamation of mined out area, environment protection, as also various steps taken in healthcare, periphery and skill development.
The star rating scheme instituted by the Ministry of Mines, Govt of India, is designed to have a built-in compliance mechanism for environment and forest safeguards and help in recognizing good performers in the sector while encouraging all mining lease holders to strive for excellence. After receiving the award, Dr. Chand dedicated the recognition to the collective efforts of the employees and other stakeholders. “The award is testimony to the tireless efforts of the Nalconians and the best practices being implemented by the company since its inception,” Dr. Chand said.

NALCO bags CAPEXIL’s Highest Export Award


NALCO bags CAPEXIL’s Highest Export Award

Bhubaneswar, 14.02.2017:: National Aluminium Company Limited (NALCO), the Navratna PSU under Ministry of Mines, Govt. of India, has been conferred with the Highest Export Award for its outstanding export performance in Minerals and Ores sector for the year 2014-15, by Chemical & Allied Products Export Promotion Council (CAPEXIL). Shri Ananth Geete, Hon’ble Union Minister of Heavy Industries and Public Enterprises, Govt of India, presented the Export Awards at Vigyan Bhawan, New Delhi on 9th February 2017.
NALCO has emerged as the second highest foreign exchange earning CPSEs of the country, Dr. Tapan Kumar Chand, CMD of the company, has congratulated NALCO collective for the sustained efforts put in since 1988, when the company received the first export award from CAPEXIL.

PRESS RELEASE NALCO’s 3rd Quarter Net Profit Rs. 144 crore

Bhubaneswar, 13.02.2017: National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of Mines, Govt. of India and country’s leading manufacturer and exporter of alumina and aluminium, has declared its financial results for the 3rd quarter ended December 2016.
According to the reviewed financial results for the 3rd quarter of the financial year 2016-17 taken on record by the Board in the meeting held at Bhubaneswar today, NALCO has achieved net profit of Rs.144 crore, as against Rs.121 crore in the preceding quarter and Rs. 148 crore in the corresponding quarter of previous fiscal. The net sales turnover in the 3rd Quarter was Rs.1848 crore. In third quarter, Nalco has registered EBITDA (before exceptional item) Rs.361 crore as against Rs.282 crore in the corresponding period of previous fiscal 2015-16. It is heartening to note that NALCO has registered profits, in all the three quarters of the present fiscal, despite entire global aluminium industry reeling under severe market slowdown and many companies reporting loss.
The net profit for the 9 months ended December 2016 work out to Rs.400 crore, against the corresponding figure of Rs. 573 crore for the previous fiscal. The net sales for the 9 months of the fiscal is Rs.5071 crore as compared to Rs. 4866 crore in the corresponding period of the last financial year.
NALCO has achieved growth in production in all fronts. During the first nine months of the current fiscal, NALCO achieved production of 53.23 lakh tonnes of bauxite, as compared to 45.74 lakh tonnes in comparable period of the previous fiscal registering robust 16 % growth. The company produced 15.27 lakh tonnes of alumina hydrate, against 14.37 lakh tonnes achieved in the corresponding period of the previous financial year. Metal production was 2.86 lakh tonnes, against 2.76 lakh tonnes registered during the comparable nine months of the previous fiscal. The net power generated during the period was 4494 million units, against 4351 million units achieved in the corresponding period of the previous year. NALCO is also fast emerging as a green power producer. The company has generated 164 million units of wind power during the first 9 months of this fiscal.


S.K. Roy is NALCO’s new Director (P & T)


Value based modern education develops creative personality

Bhubaneswar, 04/02/2017 : Shri Sanjib Kumar Roy, Executive Director (Production), NALCO has joined as the Director (Projects & Technical) of the company on superannuation of Shri N.R. Mohanty, from 3 rd February 2017.
After completing his Engineering in Chemical discipline from Calcutta University, Shri Roy began his career in NALCO as a Graduate Engineer Trainee, of the 1 st Batch, in 1984. He was posted in the company’s Alumina Refinery Complex in Damanjodi since inception of the project, where he held different key positions including two stages of expansion before becoming the General Manager (Refinery). Thereafter, he was posted as General Manager (Smelter) at the company’s Smelter Plant in Angul before his elevation as Executive Director (S&P). Shri Roy moved to the headquarters in Bhubaneswar as Executive Director (Production) in April 2015.
Shri Roy brings to this post his vast experience in the company’s plant & operations as well as managing projects from conceptualization to commissioning.
With Shri Roy joining as Director (P & T), NALCO’s Board of Directors has been further strengthened.


Last date of application for Nalco Utkal Gaurav Madhusudan Das Quality Award extended


Bhubaneswar, 02/02/2017 : National Aluminium Company Limited (NALCO) has instituted a State-level Award titled ‘Nalco Utkal Gaurav Madhusudan Das Quality Award’ to recognize, appreciate and encourage outstanding practices and results achieved by organizations, through implementation of Total Quality Management (TQM) in their respective manufacturing units operational in Odisha. The annual award, beginning from 2017, shall be given in three categories, viz. Small Enterprises, Medium Enterprises and Large Enterprises. The award portfolio shall carry a total cash prize of Rs. 1 lakh (Rs. 50,000/- for Large Enterprise and Rs. 25,000/- each for Medium and Small Enterprises). The aluminium major is presently inviting online applications for the award, for which the last date of submission has been extended till 28 February 2017. The details regarding these awards are available in the company’s website www.nalcoindia.com.


NALCO and NINL to set-up JV for Coal Tar Pitch plant in Odisha


Value based modern education develops creative personality Value based modern education develops creative personality

Bhubaneswar, 30/01/2017 : National Aluminium Company Limited (NALCO) & Neelachal Ispat Nigam Limited (NINL) signed an MoU on 30 th January to set up a Joint-Venture company for producing Coal Tar Pitch. The MoU was signed by Shri S.K.Satpathy, General Manager (Business Development and R&D) and Shri S.B.Jagdale, Jt. Managing Director on behalf of NALCO and NINL, respectively in the presence of Dr. Tapan Kumar Chand, CMD,NALCO, Shri N.R. Mohanty, Director (P&T), NALCO, Shri K.C.Samal, Director (Finance),NALCO, Shri V. Balasubramaniam, Director (Production), NALCO, Shri B.K. Thakur,Director (HR), NALCO, Shri K.N. Ravindra, Executive Director (CS) and other senior officials of NALCO and NINL at the Corporate Office of NALCO in Bhubaneswar.

“The agreement is part of the new business plan of NALCO to ensure backward integration and sustain the plans for forward integration,” said Dr Tapan Kumar Chand. A Coal Tar Distillation plant is proposed to be set-up, under the JV, based on the Coal Tar generated from NINL’s Coke Oven plant at its 1.1 million tonne per annum integrated Iron &Steel plant at Kalinga Nagar in Duburi. NINL will be preparing a Techno-Economic feasibility report for the JV project.



Flower Show by Nalco


Value based modern education develops creative personality

Bhubaneswar, 30/01/2017 : National Aluminium Company Limited(NALCO) organized 'Basant Pushpa Pradarshani', its annual Flower & Vegetable Show at Nalco Nagar,Bhubaneswar on 28th and 29th January. As many as 12 institutions and 65 individuals participated in the show in various categories.
In the Institutional Category, Special appreciation prize was bagged by C.V. Raman College of Engineering, Bhubaneswar while the Special prize for display of potted vegetable pots was bagged by Khuntia Nivas, Puri. The Queen of the Show prize was won by Ms.Bijaylaxmi Moharana of Patia.
Earlier, Shri B.K. Thakur, Director (HR), inaugurated the show in presence of other senior executives of NALCO. Shri R.K. Pradhan, Sr. Manager (Mech) coordinated the programme.


“In an age of materialism, organ donation can inspire the spirit of sacrifice for greater good” Nalco CMD


Value based modern education develops creative personality

Bhubaneswar, 30/01/2017 : “In a world which is influenced by materialism, initiatives for organ donation would help usher in a transformed era of humanity and sacrifice,” said Dr.Tapan Kumar Chand, while addressing as chief guest at the Organ Donation Initiative(Angadaan Mahavijaan) organized by Body and Organ Donation Initiative (BODI), an organization working under the aegis of Loksevak Mandal and The Samaja at Utkal University here on 30 th January. He lauded the organizers for efforts to create awareness among the people to donate body and organs, especially since the event coincided with death anniversary of Mahatma Gandhi, an epitome of sacrifice and selfless service to society.
Dr. Chand congratulated the organizers for holding the mega organ donation drive simultaneously at multiple locations in Odisha involving registration of a large number of people, which is an attempt for having a World Record in the Guinness Book. More than 1000 students from different institutions were present on the occasion. It may be mentioned that so far, pledges have been made for 700 whole body donations, 1000 organ donations and 700 eye donations under this platform.
Among others, Shri Ashok Kumar Das, Vice Chancellor, Utkal University, Shri Bamapada Tripathy, Editor, The Samaja, Dr. Pravas Acharya, President, Body and Organ Donation Initiative and Shri Mahesh Prasad, President, Students Union, Utkal University were present on the occasion.


“MSMEs in Odisha generate higher employment than National average”: NALCO, CMD


Knowledge of historical past & culture in important for a successful business plan: CMD, NALCO


Value based modern education develops creative personality

Bhubaneswar, 28/01/2017 : “Historical knowledge of a place is essential for setting up an industrial project in any potential location. Besides, knowledge on culture and past trend performance analysis are essential in developing a successful business plan” said Dr. Tapan Kumar Chand, CMD, NALCO, while gracing as the guest of honour at the 38 th session of Odisha History Congress at Utkal University, on 28 th January. His Excellency, Dr. S.C. Jamir, Hon’ble Governor of Odisha, inaugurated the function as the chief guest. Appreciating, the activities of Odisha History Congress in promoting scientific and objective history with secular approach, Dr. Chand also sought the attention of its members for taking up initiatives in record management,resource management, digitization, reprography and various research oriented activities.
Speaking about the rich historical heritage of the state, Dr. Chand advocated publicising the historical monuments and their significance along with tourist information through digital platforms and mobile applications. On the occasion, Dr. Chand also released the profiles of eminent historians Prof. N.K. Sahu and Prof. Prabhat Mukherjee.
Among others, Prof. Ashok Kumar Das, Vice- Chancellor, Utkal University, Prof Suranjan Das,Vice- Chancellor, Jadavpur University, Prof. Amol Mishra, President, and Prof. Basanta Kumar Mallik, Secretary, Odisha History Congress were notably present on the occasion.


“MSMEs in Odisha generate higher employment than National average”: NALCO, CMD


Value based modern education develops creative personality

Bhubaneswar, 27/01/2017 : Department of MSME, Government of Odisha, and Nalco organized the 20 th Plant Level Advisory Committee (PLAC) Meeting, at Bhubaneswar on 27 th January. The meeting was chaired by Dr. Tapan Kumar Chand, Chairman-cum- Managing Director of the company and co-chaired by Shri L.N. Gupta, Principal Secretary to Govt. of Odisha, MSME Department. Shri S.K.Hota, Additional Director, Industries Department, Govt. of Odisha and Shri D.N.Padhi, Director of Industries, Odisha, senior officers of the State Government and Ms. Soma Mondal, Director (Commercial), Nalco were notably present on the occasion. The Executive Director (Materials), Nalco made a presentation which was followed by a lively discussion between representatives of Govt. of Odisha, Nalco, MSME Entrepreneurs and their association.
Speaking on the occasion, Dr. Chand said that 65% Indians, between the age group of 15 to 64, constitutes the working population and drive consumption. Therefore, conferring them with purchasing power through gainful employment will push economic growth. He congratulated the State Government for high rate of MSME growth and impressive employment generation. Citing Nalco as a promoter of MSMEs, he informed that the company made purchases amounting to Rs.322 crore from MSMEs last year, out of which orders worth Rs. 232 crore were from Odisha-based MSME. “The percentage will go up in the future, because Nalco is now focused towards inclusive growth by supporting the MSME and ancillary industries of the State,” assured Dr. Chand. “With 70% of the alumina production & 60% aluminium production Odisha is eminently placed to be the Aluminium Capital of India. There is enormous scope to enhance the base of usage of aluminium from the existing 300 application out of 3000 applications for which Aluminium Association is working with the producers. A Technology Development Centre can support increase in adoption of aluminium leading to the growth of downstream aluminium industries,” he added.
At the outset, in her welcome address, Ms Soma Mondal, Director (Commercial), highlighted Nalco’s concern as a mother industry towards promoting the interest of local Micro & Small Enterprises (MSE).
Shri L.N. Gupta spoke on the occasion and highlighted the role of MSMEs in industrial upsurge of the State. Dr Chand had assured that such meets would be conducted more frequently in the future and there would also be a specific meeting for the aluminium park. During the meeting, while Shri D.S. Mishra, GM, DIC,Bhubaneswar coordinated the programme, Shri S.K. Hota, Addl. Director, DIC, Cuttack proposed the vote of thanks. Officials from Nalco and representatives of different industries’ associations were present on the occasion.


Nalco Celebrates Republic Day 2017


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Bhubaneswar, 26/01/2017 : Nalco joined the Nation in celebrating the 68 th Republic Day.Dr. Tapan Kumar Chand, Chairman-cum- Managing Director of the company, hoisted the Tri-colour at the Corporate Office, Bhubaneswar and addressed the gathering.



Nalco achieves break-through with nano-based Emrion technology for removing fluorine contamination


Value based modern education develops creative personality

Bhubaneswar, 26/01/2017 : “Nalco achieved commercial success with a break-through nano based Emrion technology for deflouridation, for the first time in the world. The technology has been put into operation at Angul for recovering fluoride contamination.The results have been highly encouraging and Nalco is likely to put the technology to use in endemic fluoride contaminated areas for the benefit of common people,” said Dr.Tapan Kumar Chand, CMD NALCO while addressing the gathering after unfurling the tri-colour on Republic Day.
Nalco is creating a niche for itself in the field of R&D in India’s aluminium industry. The Nalco Research and Technology Centre was recently inaugurated to fuel its R&D goals and provide competitive benefits.
The Company has taken up various cutting-edge Research and Development initiatives to reduce energy consumption, separation of iron concentrate from Red Mud, gallium recovery from Bayer’s liquor & extraction of rare earths from red mud. The key areas of research for the Company are waste utilization, maximizing productivity, reduction of specific consumption, development of new products & alloys which are expected to complement their business plan.


Value based modern education develops creative personality: CMD NALCO


Value based modern education develops creative personality

Bhubaneswar, 25/01/2017 : Dr. Tapan Kumar Chand, Chairman-cum- Managing Director of National Aluminium Company Limited (NALCO), as the chief guest graced the 33 rd Annul Day celebration of Bhubaneswar based Sivananda Centenary Boys High School, yesterday.
In his address, Dr. Chand called upon the students to be disciplined, dedicated and determined to achieve their targets in life. Dr. Chand also stressed on adoption of well integrated system of education that can help in developing the moral character of an individual. “As teachers and educators, we must ensure that education is not just a mean to achieve academic pursuit; but a pursuit of moral wisdom. Moreover, it is equally important to be a good student and a good human being also”, he added. Experts and educationists appreciated the Nalco Ki Ladli scheme of Nalco under which the Company bears the education expenses of 181 girl students from BPL families.
Among others, Dr. Achyuta Samanta, Founder, KIIT & KISS, Shri Lakhanlal Meena, Regional Director (CBSE), Shri Rajeeb Sekhar Sahoo, Chartered Accountant, Shri P.K. Mishra, IAS (Retd), Swami Sivachidananda Saraswati, Secretary and Swami Nirliptananda Saraswati,President, Managing Committee of Sivananda Centenary Boys High School, were notably present on the occasion.


Nalco provides medical assistance to the injured in Hirakhand Train Tragedy


Nalco provides medical assistance to the injured in Hirakhand Train Tragedy

Bhubaneswar, 23/01/2017 : Nalco has extended medical assistance to the injured persons in Hirakhand Train tragedy at Kuneru near Rayagada. The company responded with alacrity despatching two mobile health units (MHUs) to the location with 4 doctors, para- medical staff and required medicines, on 22nd January. The team provided medical support to the injured persons along with the NDRF forces.
It may be mentioned that around 40 people were killed and many were injured when the engine and 9 coaches of Jagdalpur-Bhubaneswar Hirakhand Express were derailed on 21 st January night. Nalco Management has expressed their grief over the incidence and conveyed condolence to the families of the victims. It is to be noted that fortunately, all the passengers from Damanjodi area and Nalco Township were safe in this accident.


Nalco Mahila Samiti reaches out to needy women care home


NALCO Smiles & Kharavela Awards - 2017

Bhubaneswar, 23/01/2017 : Members of Nalco Mahila Samiti, led by Smt. Preeti Roy, President, visited Janani Ashram, a care & rehabilitation centre for mentally challenged women at Charbatia, Cuttack on 22 nd January and donated a Washing Machine. Woollen garments were also distributed to 23 inmates of the centre. On behalf of the centre Ms. Sanjukta Bhartiya, Secretary received the machine and appreciated the noble gesture. Among others, Smt. Trupti Dash, Secretary, Smt.Namita Sahoo, Jt. Secretary, Smt. Smita Mishra, Treasurer, Smt. Susmita Patel of Nalco Mahila Samiti were notably present on the occasion.

High degree of co-relation between effective organization and effective HR - Dr. Chand, Nalco CMD


NALCO Smiles & Kharavela Awards - 2017

Bhubaneswar, 19/01/2017 : National Institute of Personnel Management (NIPM), Utkal Chapter held its meeting on 18 th January in Bhubaneswar. The meeting was attended by industry veterans, former CMD’s & Directors, serving Directors and General Managers from different industrial organizations, HR professionals & experts. Delivering his keynote address, as Chief Guest, Dr. Chand said “People make things happen and it is human capital that gets multiplied with other capital to give value to the organization.There is, therefore, a high degree of co-relation between an effective organization and effective HR systems”. He also mentioned that HR professionals have made a meaningful journey from Welfare officers to Personnel managers, HR managers, People manager and now as Business managers.
Dr. Chand was felicitated for his outstanding contributions to the industry and society. It is to be noted that Dr. Chand is one of the few persons belonging to the HR fraternity who have attained the top position in a Public Sector in India. As a highly competent and experienced professional, Dr. Chand has assumed several key positions in the top management in his career, prior to joining Nalco as Chairman-cum- Managing Director in July 2015. Under his leadership, Nalco could get complete raw material and energy security for next 50 years. Immediately after his joining as Chairman, Nalco, he adopted a new Business Model with effective Corporate Strategy of maximizing production and enhancement of productivity of the employees and assets. Dr. Chand said: “The HR professionals should act as a bridge between different functions of management. They should act more as business managers, working continuously towards the all-round development of the organization.” He emphasized that HR professionals in the changing time, should be proactive, positive and focused on triple ‘P’ – Planet, Plant & People.
Among others, Dr. Bhabani Prasad Mishra, Chairman, NIPM, Dr. Sarbananda Sahoo, Hon. Secretary, NIPM, former CMD Nalco Dr S.K.Tamotia, Former Director Nalco Shri G Upadhaya, former Director MMTC Shri Amarendra Mishra, Shri B.K. Thakur, Director (HR), Nalco, members of NIPM and HR professionals were present on the occasion.

‘Industry appreciates skill with character’
NALCO CMD Dr. Tapan Kumar Chand

Nalco Research & Technology Centre inaugurated

Nalco CMD at the State-level flower show

NALCO Smiles & Kharavela Awards - 2017 NALCO Smiles & Kharavela Awards - 2017

Bhubaneswar, 16/01/2017 : “The beautiful flowers of the seasons are symbolic of nature calling on the Sun God” said Dr Tapan Kumar Chand while addressing as the Chief Guest at the State Level Flower Show 2017 organiused by Regional Plant Resource Centre in collaboration with Plant Lovers Association in the premises of the Botanic Gardens (Ekamrakanan), Bhubaneswar. Dr Chand and Mrs Preeti Roy gave away the prizes to the winners of the competitions held on the occasion.

‘Industry appreciates skill with character’
NALCO CMD Dr. Tapan Kumar Chand

Nalco Research & Technology Centre inaugurated


On the occasion Dr Chand was conferred with the ‘Kalinga Jyoti Samman’ by Bharatiya Sikhsha Vikas Sansthan (Odisha), today at Bhubaneswar.
Bhubaneswar, 14/01/2017 : “Imparting education which equips the child with skills and imparts values that build the character, is very important” said Dr Tapan Kumar Chand while addressing as the Chief Guest at the 14 th Foundation Day celebrations of the Bharatiya Sikhsha Vikas Sansthan (Odisha) at Bhubaneswar. More than 197 schools are part of the celebrations. Appreciating the institute’s endeavour in promoting quality education, Dr Chand said that it is essential to inculcate Indian values and traditions with modern education. Besides, as a parent, teacher and mentor it is pivotal in identifying first the individual’s talent and then honing them with the right set of skills, Dr. Chand added. For his significant contributions towards industrial, educational and socio-cultural development in the State Dr. Chand, was conferred with the ‘Kalinga Jyoti Samman’ by the institute. He received the award from Justice Shri Bira Kishore Mishra, former judge of Odisha High Court and acting Chairperson of OHRC, in the presence of Dr Bimalendu Mohanty, former Vice-Chancellor of Utkal University of Culture and Dr Karunakar Pradhan, Secretary General of Bharatiya Shiksha Vikas Sansthan.
Informing about Nalco's flagship educational programmes like ‘Nalco ki Ladli' scheme, Dr Chand shared that annually the company spends about Rs. 45 crores on various educational activities that are both innovative and inclusive. “Moreover, this year with the setting up of Nalco’s Centre of Excellence in Skill development, we plan to spend about Rs.20 crores for various skill development programmes”, expressed Dr. Chand.
Among other, Shri Bedaprakash Goel, President, Bharatiya Shiksha Vikash Sansthan, Dr Sarat Kumar Biswal, former Director of Mass Education Department, Shri Sudarshan Nayak, former Director, Elementary Education, Govt of Odisha, were notably present on the occasion.


Nalco Kharavela Award

NALCO Smiles & Kharavela Awards - 2017 NALCO Smiles & Kharavela Awards - 2017
NALCO Smiles & Kharavela Awards - 2017 NALCO Smiles & Kharavela Awards - 2017

On the occasion of the 37th Foundation Day Celebrations, Nalco Kharavela Award for Odissi Guru being received by Prof. Naba Kishore Mishra, for his significant contributions in promoting the dance form in India and abroad. The other Nalco Kharavela Awards for significant achievements in Odissi, being handed over to Ms Kshyanaprava Parida, Ms. Suhag Nalini Das and Shri Nityananda Das. Shri Balvinder Kumar, IAS, Secretary, Ministry of Mines, Govt of India, handed over the award, in the presence of Dr. Tapan Kumar Chand, CMD of Nalco.

Nalco Literary Award

NALCO Smiles & Kharavela Awards - 2017 NALCO Smiles & Kharavela Awards - 2017
NALCO Smiles & Kharavela Awards - 2017
Eminent literary personalities Dr. Ramakanta Rath, IAS, Dr. Pratibha Satpathy and Smt. Binapani Mohanty, receiving Nalco Literary Awards from Shri Balvinder Kumar, IAS, Secretary, Ministry of Mines, Govt of India, in presence of Dr. Tapan Kumar Chand, CMD of Nalco on 7 th January, during the 37 th Foundation Day Celebrations of the company.

Bhubaneswar, 08/01/2017 :

Nalco Research & Technology Centre inaugurated

Nalco Research & Technology Centre inaugurated

Bhubaneswar, 09/01/2017 : “Nalco has already set a niche for itself in the field of R&D in the aluminium industry of the country. The new Research and Technology Centre of the company would further augment its efforts to meet the R&D requirements of the future and provide immense competitive benefits,” said Shri Balvinder Kumar, IAS, Secretary, Ministry of Mines, Govt of India while inaugurating Nalco Research and Technology Centre (NRTC) at Gothapatana in Bhubaneswar on 8 th January.
Speaking on the occasion Dr. Tapan Kumar Chand, CMD, Nalco said: “Nalco R&D centre has already registered 29 patents of which 5 have been commercialized. Recently, Nalco achieved commercial success with a breakthrough nano-based Emrion Technology for de-fluoridisation, for the first time in the world. The technology has been put into operation at Angul for recovering fluoride contamination. The results achieved have been highly encouraging. Nalco is likely to put the technology to use in endemic fluoride contaminated areas for the benefit of common people. Considering the need for change to ensure sustainability, we have taken up various cutting-edge Research and Development initiatives. The company has entered into an R&D Co-operation Agreement with Rio Tinto Alcan for development of AP2XN technology which aims to reduce energy consumption at the smelter by about 5%. An R&D agreement was signed with Chalieco, China for separation of iron concentrate from Red Mud. An MoU with Bhabha Atomic Research Centre (BARC), Mumbai will work on R&D projects for gallium recovery from Bayer’s liquor, extraction of rare earths from red mud and other areas of mutual interest. Nalco Research & Technology Centre is designed with a view to boost the research initiatives of the company and promoting young researchers as well.” Waste utilization, maximizing productivity, reduction of specific consumption, development of new products & alloys are key research areas that will complement the new business plan being put together by the company, Dr Chand added.

Among others, Nalco’s directors and senior officials were present on the occasion.

Nalco’s Share Price increases by 68%

NALCO Smiles & Kharavela Awards - 2017 NALCO Smiles & Kharavela Awards - 2017
NALCO Smiles & Kharavela Awards - 2017 NALCO Smiles & Kharavela Awards - 2017
NALCO Smiles & Kharavela Awards - 2017 NALCO Smiles & Kharavela Awards - 2017

Bhubaneswar, 08/01/2017 : “Despite the vagaries of international market, Nalco’s consistent performance – both in terms of productivity and profitability is commendable.” said Shri Balvinder Kumar, IAS, Secretary, Ministry of Mines, Govt of India. He lauded the growth in production and increase in share price, which he said greatly enhanced the stakeholder value. He was addressing the 37 th Foundation Day Celebrations of the company, here yesterday. "Nalco’s efforts towards encouraging and promoting art, culture and sports of the State through various awards are also laudable. I congratulate CMD of the company and his team for this endeavour," said Shri Kumar.
Dr. Tapan Kumar Chand, CMD, Nalco, in his welcome address, reiterated that the company is committed towards the development of Odisha and is also working in sync with the national development programmes. He highlighted the corporate journey of Nalco since inception and presented the new business model under implementation in Nalco. “In 2016 Nalco has posted strong growth of 18% in Bauxite mining, the highest since inception and a record in the mining industry. During the financial year 2016-17 Nalco will surpass its production capacity of 68.25 lakh tonnes and will achieve 73.25 lakh tonnes production,” Dr. Chand informed. “In stock market Nalco share price has registered increase of 68% from Rs. 40.20 in the beginning of the year 2016 to Rs. 67.60 as on date,” he added. Dr. Chand also said that the company, along with its efforts to achieve excellence in business, is focusing on the welfare of its stakeholders.
A host of awards presented by Nalco to achievers in different fields added a unique flavour. Nalco Smiles Award was presented to Shri Bhagirathi Panda, Secretary of Institute for Helping the Disabled, for his outstanding contributions towards the rehabilitation of differently-abled persons. Nalco Kharavela Award for Odissi Guru was received by Prof. Naba Kishore Mishra, for his significant contributions in promoting the dance form in India and abroad. The other Nalco Kharavela Awards for significant achievements in Odissi, were handed over to Ms Kshyanaprava Parida, Ms. Suhag Nalini Das and Shri Nityananda Das. Nalco Kalidas Award was handed over to Prof. (Dr.) Radhamadhab Dash, Vice-Chancellor of Shri Jagannath Sanskrit Vishwavidlaya, Puri, for his significant contributions in the field of teaching and propagating Sanskrit.
Nalco also honoured other achievers of Odisha for their contributions in different fields. Eminent literary personalities Dr. Ramakanta Rath, IAS, Dr. Pratibha Satapathy and Smt. Binapani Mohanty received Nalco Literary Award. Nalco Start-up Award was given away to Shri Srikumar Mishra, MD & CEO of Milk Mantra. Nalco Fine Arts Awards were handed over to BK College of Art & Crafts and sculptor Shri Sudarshan Sahoo. Nalco Sports Awards were received by Chess Player Shri Debasis Das, Athlete Shri Amiya Mallick and Scuba Diver Shri Sabir Bux. On this occasion, Nalco also recognized the efforts of three SBI officers Shri B.V.G. Reddy, CGM, Shri G.S. Behera, DGM and Smt. Smita Rath, CM, SBI Nalco Corporate Office Branch in promoting cashless transaction by honouring them with Nalco Digital Drive Awards.
An MoU between Nalco and Utkal University was signed to collaborate on some specific areas viz. R & D Projects, Baseline and impact Assessment Survey for CSR Projects and Industry Institution Interaction where Utkal University will be one of key Institutions, extend internship and Vocational Training to students of Utkal University and extend its support in Skill Development Training programmes for under privileged people of the state of Odisha. The MoU was signed by Dr. Ashok Kumar Das, Vice Chancellor of Utkal University and Shri B.K. Thakur, Director (HR) of Nalco.
Also, on the occasion, Nalco postage stamp was released by Shri Balvinder Kumar and Dr. Tapan Kumar Chand. The first issue of the quarterly magazine of Nalco Mahila Samiti ‘Sanginee’ was also released by the Shri Kumar, Dr. Chand and Smt. Preeti Roy, President of Nalco Mahila Samiti.

Shri B.K. Thakur, Director (HR), Nalco, proposed a vote of thanks.




“NALCO is leader in skill India movement in Odisha” : says Mines Secy, Govt. of India

NALCO Smiles & Kharavela Awards - 2017 NALCO Smiles & Kharavela Awards - 2017

Bhubaneswar, 08/01/2017 : “In Odisha, Nalco is in the forefront among industries in the Skill India movement by imparting skill to more than 16000 people last year and putting a target of 18000 during 2016-17,” said Shri Balvinder Kumar, IAS, Secretary Mines, Govt. of India while inaugurating Centre of Excellence in Skill development on 8 th January at Gothapatna in Bhubaneswar. NALCO's initiative in the field of skill development among the youth of the nation is appreciable. It is commendable that the company has taken an exemplary step, which would definitely give a boost to the Skill India drive, said Shri Kumar.
​ It may be mentioned that the Centre of Excellence is a part of the MoU signed between the aluminium major and National Skill Development Corporation (NSDC) and National Skill Development Fund (NSDF), Govt. India for skill development. Dr. Tapan Kumar Chand, CMD of the company said, “At present in mining sector there is shortage of Heavy equipment machine operators (HEMM) and in next three to four years requirement will be around 30000. Nalco will be giving training for such critical category to meet the shortage for which high end training equipments like simulators will be used.
​ Secretary Mines also dedicated Nalco’s 50kw rooftop solar power system at Nalco Research Technology Centre (NRTC).
​ Among others, Nalco’s directors and senior officials were present on the occasion.


Former SC Justice (Dr.) Arijit Pasayat to deliver Nalco’s Foundation Day Lecture

NALCO Smiles & Kharavela Awards - 2017

Bhubaneswar, 30/12/2016 : Dr. Arijit Pasayat, Retired Judge of Supreme Court and presently the Vice-Chairman, Special Investigation Team on Black Money will deliver the 16th Edition of Nalco Foundation Day Lecture on 2nd January 2017 at 4.00 PM at Nalco Bhawan, Bhubaneswar.

The Nalco Foundation Day Lecture Series began in 2002 and is part of the Foundation Day celebrations of the company. Eminent personalities are invited to address select gathering of invitees from various fields of work and profession. The first speaker in this tradition was Bharat Ratna Dr. APJ Abdul Kalam and an over the years an impressive list of personalities like Dr. Sam Pitroda, Dr. J.J. Irani, Shri Pranab Mukherjee, Shri Montek Singh Ahluwalia, Dr. E. Sreedharan and Dr. C. Rangarajan have graced the occasion. Last year, Shri K.V. Chowdary was the speaker of the Foundation day Lecture. A wide cross section of scientists, industrialists, academicians, management professionals and senior officials of both State and Central Govt., apart from Nalco employees, shall attend the function.

Dr. Tapan Kumar Chand, CMD, Nalco shall deliver the welcome address and introduce the topic. Dr. Pasayat shall speak on ‘Environment & Progress: Issues & Challenges’. It may be mentioned that along with its business, NALCO has been laying special emphasis on sustainable environmental practices in all its activities. The talk shall be followed by interaction with audience, comprising bureaucrats, technocrats, industrialists, educationists and media persons, besides employees.

Speaker’s Profile
Justice Dr. Arijit Pasayat, presently the Vice-Chairman of the Special Investigation Team on Black Money, is a retired Judge of the Supreme Court of India. He began his career in Law in 1968 and practised before the Odisha High Court in taxation and constitutional matters while also taking up other commercial cases. He was appointed as an additional judge in the Odisha High Court in March 1989. He moved out of Odisha upon his appointment as the Chief Justice of the Kerala High Court in September 1999 and was later the Chief Justice of Delhi High Court. Justice Pasayat was elevated as a Judge of the Supreme Court of India in October 2001. He retired in May 2009 after an illustrious career during which he delivered more than 2500 reported judgments, which is a world record for all Supreme Courts across the globe. Post his retirement Justice Pasayat headed the first Competition Appellate body and Authority for Advance Rulings IT, CE & Customs.

During his tenure in the Supreme Court, he rendered several landmark verdicts on various branches of law, in particular criminal jurisprudence, constitutional and environmental issues. Justice Pasayat streamlined student union elections and also appointed the R.K. Raghavan committee to put an end to the menace of ragging. Justice Pasayat was part of the Forest Bench, which ordered the ban on mining in Aravalli hills. He was the main architect behind introduction of Five Year Law Course in Odisha.

Last date extended for Nalco Awards

Bhubaneswar, 28/12/2016 : Navratna Nalco has invited applications for the state-level awards like ‘Nalco Smiles Award’, ‘Nalco Kharavela Awards’, ‘Nalco Technology Excellence Award’ and ‘Nalco Kalidas Award’ for the year 2017. The last date of submission of the applications for these awards has been extended till 30th December 2016. The company shall hand over the awards to the winners in the upcoming Nalco’s Foundation Day function on 7th January 2017, at Bhubaneswar. Other details regarding these awards are available in the company’s website www.nalcoindia.com.

NALCO institutes Utkal Gaurav Madhusudan Das Quality Award, seeks nominations

Bhubaneswar, 23/12/2016 : National Aluminium Company Limited (NALCO) has instituted a State-level Award titled ‘Nalco Utkal Gaurav Madhusudan Das Quality Award’ to recognize, appreciate and encourage outstanding practices and results achieved by organizations, through implementation of Total Quality Management (TQM) in their respective manufacturing units operational in Odisha. The annual award beginning from 2017 shall be given in three categories, viz. Small Enterprises, Medium Enterprises and Large Enterprises. The award portfolio shall carry a total cash prize of Rs. 1 lakh (Rs. 50,000/- for Large Enterprise and Rs. 25,000/- each for Medium and Small Enterprises). The aluminium major is presently inviting online applications for the award, for which the last date of submission is 10th January 2017. The details regarding these awards are available in the company’s website www.nalcoindia.com.

NALCO invites applications for Technology Excellence Award & Kalidas Awards - 2017

Bhubaneswar, 17/12/2016 : National Aluminium Company Limited has instituted a State-level Award titled ‘Nalco Technology Excellence Award’ for outstanding Start-ups in the IT and IT Enabled Services (ITES). The annual award beginning from 2017 shall carry a purse of Rs.1 lakh and a citation. Like previous year the company under its annual recognition, Nalco Kalidas Awards, would felicitate two eminent scholars for their contributions in the field of Sanskrit. Nalco Kalidas Awards, shall carry a purse of Rs.50,000/- each and a citation. The company shall hand over the awards on 7th January 2017, during NALCO’s Foundation Day function at Bhubaneswar. The aluminium major is presently seeking nominations for these awards, for which the last date of submission is 28th December, 2016. The details regarding these awards are available in the company’s website www.nalcoindia.com.

Nalco inks MoU with NTPC for Power Projects and Business Collaborations

NALCO Smiles & Kharavela Awards - 2017

Bhubaneswar, 16/12/2016 : National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of Mines, Govt of India, and NTPC Ltd., the Maharatna Power Producer have entered into an MoU, for developing power projects and other business collaborations in India. The MoU was signed in New Delhi on 16th December 2016. Under the MoU, the companies will float a Joint Venture namely NTPC-NALCO Power Company (NNPC) to set up power plants. The first such power plant is planned at Gajamara, Odisha with a capacity of 2,400 MW (3X800 MW), at an estimated investment of Rs. 14,000 crore. The proposed super critical power plant with state-of-the-art technology will supply uninterrupted power to NALCO’s Smelter at Angul. The process for acquisition of 1,600 acres of land in Gajamara has already commenced.

On behalf of NALCO, Dr. Tapan Kumar Chand, CMD and Shri B.K. Thakur, Director (HR) signed the MoU, while Shri Gurdeep Singh, CMD and Shri Kulamani Biswal, Director (Finance) represented NTPC. The MoU was signed in presence of Shri Piyush Goyal, Hon’ble Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Shri Dharmendra Pradhan, Minister of Petroleum and Natural Gas, Govt of India, Shri Prafulla Kumar Mallik, Minister of State (IC) for Labour & Employees State Insurance, Steel and Mines, Govt of Odisha and Hon’ble MP Shri Tathagata Satpathy.

Speaking on the occasion, Minister Shri Piyush Goyal highlighted that joint venture is a win-win situation between NALCO & NTPC two best performing CPSUs. NALCO is planning a brownfield expansion at its Aluminium Smelter in Angul, with an additional capacity of 5 lakh tonnes per annum, at an estimated CAPEX of Rs.10,000 crore. The company possesses the required land and other infrastructure for the purpose. The proposed expansion will help the Navratna CPSE to achieve economy of scale and substantially reduce its cost of production. This expansion will be taken up immediately by NALCO, incorporating latest technology ensuring reduced energy consumption and high productivity. The Minister also mentioned that NALCO is also planning to set up a greenfield Aluminium Smelter project with a capacity of 6 lakh tonnes per annum in Kamakhyanagar, Odisha at an estimated investment of Rs.12,000 crore. The state-of-the-art plant is also proposed to be equipped with latest Smelting Technology.

Shri Dharmendra Pradhan in his address informed that it’s a dream come true for the people of Odisha as a power project at Gajamara, Smelter project at Kamakhyanagar, Brownfield expansion of smelter at Angul by NALCO and TTPS project by NTPC will all together bring an investment of 48,000 crore to Odisha which will greatly enhance the industrialisation, development and employment generation in Odisha.

On this occasion Hon’ble Minister of Odisha Shri Prafulla Mallik and Hon’ble MP Shri Tathagata Satpathy complimented NALCO & NTPC for taking up the projects that will speed up industrialisation and development.

Applications invited for NALCO Smiles & Kharavela Awards - 2017

NALCO Smiles & Kharavela Awards - 2017

Bhubaneswar, 14/12/2016 : Navratna Nalco has instituted ‘NALCO Smiles Award’ for the NGOs and Institutions, working for the rehabilitation and resettlement of differently-abled children/persons. The award carries a cash prize of Rs.1 lakh. Similarly, to recognize, appreciate and encourage individuals for their significant contributions to Odissi Dance, the company has instituted ‘NALCO Kharavela Awards’ to felicitate an Odissi Guru and an Odissi Dancer every year. The award for Odissi Guru carries a cash prize of Rs.1 lakh, while for Odissi Dancer, the winner will receive a cash prize of Rs. 50,000/- . The company shall hand over the awards to the winners in the upcoming NALCO’s Foundation Day function on 7th January 2017, at Bhubaneswar. The aluminium major is presently seeking nominations for these awards, for which the last date of submission is 26th December, 2016. The other details regarding these awards are available in the company’s website www.nalcoindia.com.

Photo Caption of Dr. Tapan Kumar Chand, CMD, Nalco on CII-Odisha State Council

All Odisha Nalco Open Tennis Tournament

Bhubaneswar, 13/12/2016 : Dr. Tapan Kumar Chand, CMD, Nalco and Vice-Chairman, CII-Odisha State Council, initiating a round table discussion on Industrial Design, organized by the Confederation of Indian Industries, Odisha State Council on 13th December 2016 at Bhubaneswar.

Social premium on sports as a career will encourage sportspersons in India: Dr. Chand, Nalco CMD

All Odisha Nalco Open Tennis Tournament

Bhubaneswar, 12/12/2016 : “Any sport gets promoted only if the society and the institutions gives it the premium it deserves. Emphasis on sports as a career option will encourage the talent to achieve excellence and bring laurels to the country,” said Dr. Tapan Kumar Chand, CMD, Nalco, while addressing as Chief Guest at the concluding ceremony of the 18th All Odisha Nalco Open Tennis Tournament on 11th December at Kalinga Stadium in Bhubaneswar. The three-day tourney was organized by Bhubaneswar District Tennis Association (BDTA).

While addressing the sportspersons, officials and others Dr. Chand mentioned that Nalco is not only a technological giant but also actively promotes socio-cultural activities and sports. “Odisha has a rich legacy in sports but the sportspersons have few means to pursue their goals. In this context, institutions should adopt the promising sportspersons so that they can focus on their abilities and pursue sports as a career.” Dr. Chand added.

Among others, Shri Suresh Mahapatra IAS, President, BDTA, Shri V. Balasubramaniam, Director (Production), Nalco and Shri Saroj Sahoo, Secretary, BDTA, were present on the occasion.

Next to GST, Insolvency & Bankruptcy Code 2016 will be the biggest economic reform in India : Dr. Chand, Nalco CMD

MSMEs as game changers

Bhubaneswar, 11/12/2016 : “Industries across the globe are passing through difficult times, marked by sluggishness and slump in business and growth. But there is a bright spot where growth is occurring and everybody is eyeing India which is clocking a growth of more than 7%. There are big aspirations which are necessary to improve our ability to match them” said Dr. Tapan Kumar Chand, CMD, Nalco, while addressing as Chief Guest at a 1-day seminar on Insolvency and Bankruptcy Code organized jointly by the Institute of Company Secretaries of India (ICSI) and Insolvency and Bankruptcy Board of India on 11th December at Bhubaneswar.

While addressing the industry professionals, company secretaries and students Dr. Chand mentioned that the ability to do better business comes from the eco-system. “Next to GST, the Insolvency and Bankruptcy Code 2016 will be the biggest economic reform for promoting the ease of doing business in India,” Dr. Chand added.

“The enactment of the Code is a historic opportunity to implement it in the right earnest to unlock capital and ensure that dues of the workers and employees get the priority that is due. The Code would take India from among relatively weak insolvency regimes to become one of the world’s best insolvency regimes,” Dr. Chand informed.

Among others, Dr. M.S. Sahoo, Chairman, Insolvency and Bankruptcy Board of India, Smt Mamata Binani, President, ICSI, Shri Ashok Kumar Mishra, Chairman, Shri Priyadarshi Nayak, Vice-Chairman, and Shri S N Mallick, Secretary of ICSI Bhubaneswar Chapter also addressed the gathering.

Nalco Awarded for Best Display at MSME-Expo Odisha

MSMEs as game changers

Bhubaneswar, 08/12/2016 : Nalco, the Navratna CPSE, has received the award for Best Display in Mother Plants Category at the concluding ceremony of MSME-Expo Odisha 2016, at Cuttack on 7th December.

On behalf of the company, Shri S.B. Prusty, DGM (Materials), received the award from Shri Debi Prasad Mishra, Minister of Industries, School & Mass Education. It may be mentioned that Nalco participated in the Expo held from 5th to 7th December as a Mother Industry and had put up a stall in the Expo to showcase its activities and opportunities for development of MSME sector.

Dr. Tapan Kumar Chand, CMD of the company, has congratulated Nalco collective for this accolade. Dr Chand had earlier likened the MSMEs to game-changers who are driving growth and development in the country.

Odisha should emerge as a Manufacturing Hub: Dr. Chand, CMD, NALCO

MSMEs as game changers

Bhubaneswar, 07/12/2016 : While Odisha has strength in its mining and mineral base, the entire value chain mining, mineral, metal, downstream – upstream, manufacturing – marketing, need to be maximized to have more MSMEs and more jobs. “Dr. Tapan Kumar Chand, CMD of Nalco while sharing his views in a panel discussion during the Business Standard Odisha Round Table – 2016 at Bhubaneswar on 7th December 2016. Participating in the panel discussion on ‘Attracting investment – Challenges and Opportunities’. Citing the example of the international aluminium industry, Dr. Chand said : “While there are around 3,000 applications of aluminium in use at the international level, in India, we are limited to only 300 usages. Development of ancillary industries can help address this issue, enhancing the use of aluminium in different sectors.”

“While the State is geared up to promote ancillary industries, Nalco is setting up an Aluminium Park in Angul, in collaboration with IDCO to support downstream and upstream industries,” Dr. Chand informed. He further said: “Nalco has also initiated an industry-institution synergy programme to encourage budding entrepreneurs.”

Hon’ble Chief Minister of Odisha, Shri Naveen Patnaik, graced the occasion as the Chief Guest. The other panelists were Shri Debi Prasad Mishra, Minister, Industries, School and Mass Education, Shri Aditya Prasad Padhi, Chief Secretary, Shri Subroto Bagchi, Chairman, Odisha Skill Development Authority and Shri P.K. Jena, Principal Secretary, IT, Govt of Odisha.

MSMEs as game changers for inclusive growth & employment : Dr. Chand, Nalco CMD

MSMEs as game changers
growth strategy and CSR in Make in Odisha Conclave

Bhubaneswar, 06/12/2016 : “As a responsible large-scale industry, Nalco is ready to provide handholding support to its regular MSME vendors who ensure quality and timely delivery of their products. Nalco shall make efforts to publicize the select MSME brands, along with its brand image publicity,” said Dr. Tapan Kumar Chand, CMD, Nalco, while addressing the inaugural ceremony of MSME-Expo Odisha 2016 on 5th December. The Expo, along with a 3-day National Level Vendor Development Programme, is being held at Killa Maidan, Cuttack.

While addressing the representatives of various industries, banks, small enterprises, start-ups, as well as officials of MSME Departments of the State and Centre, Dr. Chand appreciated the Micro, Small and Medium Industries of the State for scoring better in terms of providing employment opportunities and return-on-investment as compared to the national average. “MSMEs are the game changers of the day, driving growth and development,” Dr. Chand added. Reiterating Nalco’s commitment towards the development of MSMEs of Odisha, Dr. Chand suggested the State Government to prepare a mobile application for the MSMEs, which will address various issues faced by the MSMEs and also provide them information and updates on policy initiatives.

“While the State is geared up to promote ancillary industries, Nalco is setting up an Aluminium Park in Angul, in collaboration with IDCO to support downstream and upstream industries,” Dr. Chand informed.

Among others, Shri Jogendra Behera, Minister of MSME, Public Grievances & Pension Administration, Govt of Odisha, Shri Amitav Baksi, Chief Procurement Officer, Tata Steel Limited, Shri Tejeswar Parida, President, Odisha Khadi & Village Industries Board, Shri Abani Kanungo, President, Orissa Industries Association, Shri K.L. Rao, Director, MSME-DI, Govt of India, Cuttack, Shri S. Maity, Managing Director, Central Tool Room & Training Centre, Bhubaneswar also addressed the gathering. About 100 MSMEs, Mother Industries and Financial Institutions are participating in this Expo. Nalco, as a mother industry, has put up a stall in the Expo to showcase its activities and opportunities for development of MSME sector. Shri Jogendra Behera, Minister of MSME, Govt of Odisha inaugurated Nalco Stall, in presence of Dr. Chand and other dignitaries.

NALCO keen to encourage budding entrepreneurs; to organize stimulating business exercises at school level: Dr. Chand, Nalco CMD

growth strategy and CSR in Make in Odisha Conclave

Bhubaneswar, 04/12/2016 : “Innovative entrepreneurship shall greatly impact newer initiatives like 'Skill India', 'Start-up India' and Make in India initiatives. In this context, developing entrepreneurial skills among the young, starting from the school level, will create a conducive environment for future entrepreneurs and shall be pivotal in providing employment.", said Dr. Tapan Kumar Chand, CMD, Nalco, while inaugurating the annual fete ‘Unwind’ of Sai International School, today at Bhubaneswar.

Addressing the students and the faculty on the occasion, Shri Chand said that Bhubaneswar is gradually emerging as an educational & knowledge-hub and Nalco as a leading corporate house of the State is equally concerned to promote the entrepreneur skills among the youth at par with global standards. “To encourage budding entrepreneurs, Nalco as part of its Industry - Institution Interaction initiative will organise stimulating business exercises in selected schools, where students will be given opportunities to participate, learn and solve business situations. Such exercise would give confidence to the younger generations to come up with new ideas and encourage them to be entrepreneurs” informed Dr. Chand.

Dr. Chand, accompanied by Smt. Preeti Roy, President, Nalco Mahila Samiti, Dr. Bijoy Kumar Sahoo, Chairman, Smt Silpi Sahoo, Trustee, and Shri Harish Sanduja, Principal, of Sai International School, went around various stalls in the fete and also handed over the prizes to the winners of different competitions.

“Innovation and high deliverables key factors for effective CSR”: Dr. Chand, Nalco CMD

growth strategy and CSR in Make in Odisha Conclave

Bhubaneswar, 02/12/2016 : “Quantifying CSR activities is critical for its success. Intention, innovation and low administrative cost with high deliverables are key factors for effective CSR,” said Dr. Tapan Kumar Chand, CMD, Nalco while addressing as chief guest at the valedictory session of a Management Development Programme on ‘Building Corporate Strategy for Effective CSR’, here on 2nd December 2016. Speaking on the occasion, Dr. Chand shared the various CSR activities of Nalco including the ‘Nalco ki Ladli’ scheme to support meritorious girl students from BPL families, under the ‘Beti Bachao, Beti Padhao’ programme of Government of India. Nalco is also taking up the development of Puri as an Iconic City. Dr. Chand also mentioned about the company’s initiatives to address the endemic problem of fluoride contamination of water in Angul sector, using breakthrough Nano technology.

The three-day programme was organized by International Management Institute (IMI). Among others, Prof. Ramesh Behl, Director, IMI-B, Shri S.S. Mohanty, Vice Chairman & MD, NINL, Shri K.S. Patro, Director (HR), ECL were present on the occasion. Prof. Arun Kumar Rath, Programme Director, IMI delivered the keynote address.

Nalco showcases growth strategy and CSR in Make in Odisha Conclave

growth strategy and CSR in Make in Odisha Conclave

Bhubaneswar, 01/12/2016 : National Aluminium Company Limited (Nalco), the Navratna CPSE, under Ministry of Mines, Govt. of India, having its value chain and Head Quarters in Odisha, has showcased its growth strategy and Corporate Social Responsibility in the Make in Odisha Conclave, which was inaugurated here on 30th November 2016 by Shri Naveen Patnaik, Hon’ble Chief Minister of Odisha. It may be mentioned that Govt of Odisha, Department of Industrial Policy & Promotion (DIPP), Govt of India and Confederation of Indian Industry (CII) are jointly organizing the Make in Odisha Conclave to showcase the manufacturing prowess of Odisha and the investment opportunities across the focus sectors. Nalco is participating in this Conclave and has put up a pavilion. Inaugurating Nalco Pavilion, Dr. Tapan Kumar Chand, CMD of the company said, “As part of Nalco’s new business model, we are taking up new initiatives including Greenfield, Brownfield Projects and Diversification Activities.” “Nalco is not only championing technological excellence, but it also promotes sports and culture of the State,” Dr. Chand added.

74TH FOUNDATION DAY OF UTKAL UNIVERSITY
Skill development for enhancing employability is the key driver of Indian Economy: Dr. Tapan Kumar Chand, CMD, NALCO

India Gaurav Award

Bhubaneswar, 27/11/2016: Industries must come forward to invest in skill and innovative ideas for employment generation and growth in economy, says Dr. Tapan Kumar Chand, CMD, NALCO. 17% of our GDP depends on agriculture, 26% on industry and 57% on service sector. “But to strengthen other sectors, industries must ensure to bring down production costs and increase the purchasing power. For this, skill development and investment in innovative ideas are a must,” said Dr. Chand. He was addressing at the 74th Foundation Day of Utkal University here today. His Excellency, Dr. S.C. Jameer, Hon’ble Governor of Odisha and Chancellor of the University inaugurated the function. Dr Chand in his address appreciated Prof. Ashoka Das, Vice Chancellor and all faculty members for their efforts to bring in all-round development of the University promoting free-thinking and quest for highest truth (Satyam Param Dheemahi).
Citing the example of Navratna NALCO’s R&D efforts, Dr. Chand said that the presence of fluoride in the ground water of Angul sector has been there, even before Nalco was established, and to address this endemic problem, the company is investing around Rs.20 crore in a breakthrough Nano technology, conceived by a young group of scientists. Similarly, efforts are being made by the company as part of waste management to extract iron from its residual red mud in Damanjodi sector. Further, as part of Industry - institution interaction programme of NALCO, Dr. Chand also announced to collaborate with Utkal University for all-round development including infrastructure and intellectual development and provide a platform to the students, teachers and researchers for their innovative ideas through a dedicated web portal.
On the occasion, a Virtual Tutorial Lab under RUSA and Institute of Teacher Education was inaugurated. Among others, Shri M.K. Biswal, Registrar and Prof. R.K. Bal, Chairman, PG Council were notably present on the occasion.

Nalco sensitizes employees on Cashless Transactions

India Gaurav Award

Bhubaneswar, 28/11/2016: National Aluminium Company Limited (Nalco) has organized a workshop on Cashless Transactions for its employees at Bhubaneswar today. This workshop was organized in association with the State Bank of India, Nalco Corporate Office Branch with a view to promote cashless transactions among the company’s employees – both regular and contractual. Shri Gouranga Behera, DGM(ATB), State Bank of India, elaborated different cashless transaction services offered by the Bank including the e-wallet service SBI Buddy. The programme was inaugurated by Shri Amiya Patnaik, General Manager (H&A) of Nalco, in which about 200 employees, contractors and contract workers of the Corporate Office participated.

Globalized business environment calls for multiculturalism and cultural sensitivity : Dr. Chand, NALCO CMD

India Gaurav Award

Bhubaneswar, 24/11/2016 : “Organizational policies need to be culturally compatible and business managers should develop cultural intelligence for better adaptability and results, in the present era of globalization,” said Dr. Tapan Kumar Chand, CMD of Navratna Nalco. As chief guest, Dr. Chand was addressing the inaugural session of the International Conference on ‘Cross Cultural Dimensions of Management : Issues and Challenges in the Era of Globalization’, today at Berhampur University. The two-day UGC-sponsored conference is being organized by the Department of Business Administration of the University. Pointing out major cross-cultural dimensions like Individualism vs. Collectivism, Risk-taking vs. Risk-aversion, Competition vs. Collaboration, Structural Proximity vs. Structural Distance, Time Past vs. Time Future, Dr. Chand advised the present-day action managers to thoroughly understand cultural dimensions to side-step the pitfalls of inter-cultural miscommunication. One of the key attributes of the success of his company Nalco, is its egalitarian culture, Dr. Chand added.

The conference was inaugurated by Dr. Pradeep Kumar Panigrahy, Minister of Higher Education, Science & Technology, Govt. of Odisha. Prof. Rajendra Prasad Das, Vice-Chancellor of Berhampur University delivered the welcome address and introduced the theme of the conference. Professors from Bangladesh, Japan and other countries also addressed the conference.

Nalco OPD Centre for Villagers

India Gaurav Award

Bhubaneswar, 17/11/2016 : As a responsible Corporate Citizen, Nalco has opened an Out Patient Department (OPD) facility on Tuesday at Nalco Nagar, Angul, for the benefit of the villagers of 39 periphery villages. The OPD is intended to provide medical consultation of specialists in the departments of O&G, Medicines and Pediatrics. Villagers can avail the services of specialist doctors by producing either Voter ID or Aadhar Card or any other Govt. issued identity proof, wherein the place of residence is mentioned.

Shri Subhendu Acharya, Executive Director (S&P) inaugurated the OPD, in presence of Shri Paramananda Mishra, President, Lions Club, Angul, Shri M. Quasim, DGM(H&A) and Shri B.C. Jena, AGM (Admn).

'Sports is no more an extra-curricular activity,' says Nalco CMD

India Gaurav Award

Bhubaneswar, 10/11/2016 : "Sports, which is hitherto an extra-curricular activity in academic pursuits in our schools, need to be encouraged as a career in the changing environment," says Dr. Tapan Kumar Chand, CMD, Nalco. Besides institutionalizing sports, corporate houses need to play a significant role in this context. Dr. Chand He was addressing the DAV National Sports Zonal Meet at Bhubaneswar as chief guest on Thursday. More than 800 students from 43 DAV schools of the State are participating in this 3-day meet.

Complimenting the DAV Institutions of Odisha Zone, led by Dr. K.C. Satapathy, the Regional Director, Dr. Chand found a kindred spirit between Nalco and DAV. "Like DAV Institutions, Nalco also lays emphasis on Indian cultural ethos and excellence, particularly in the context of Odisha," said Dr. Chand. He also advocated the concept of Free Child, wherein innovation and imagination attract a premium. "The pedagogy burden on the child needs to be lightened, while physical activity and creativity be fostered," Dr. Chand urged.

Among others, Smt. Preeti Roy, President, Nalco Mahila Samiti, Dr. K.C. Satapathy, Regional Director, DAV Zone-I, Shri L.N. Pradhan, Regional Director, DAV Zone-2, Shri Madan Mohan Panda, Chairman, DAV, Chandrasekharpur, Unit-8 and Pokhariput, Principals of other DAV Schools were present on the occasion.

Nalco Mahila Samiti donates medical equipment

India Gaurav Award

Bhubaneswar, 07.10.2016: Members of Nalco Mahila Samiti, led by Smt. Preeti Roy, President, visited Community Health Centre (CHC), Balakati, yesterday and donated medical equipment such as oxygen cylinder, nebulizer, OT light, sterilizer etc. On behalf of the CHC, Dr. Pradeepta Kumar Sahoo, Medical Officer I/c, received them and appreciated the noble gesture. Among others, Smt. Trupti Dash, Secretary, Smt. Namita Sahoo, Jt. Secretary, Smt. Sabita Kar, Smt. Sujata Mallick of Nalco Mahila Samiti were notably present on the occasion.

Shri Biswaranjan Samal : Nalco’s New CVO

India Gaurav Award

Bhubaneswar, 07.10.2016: Shri Biswaranjan Samal, IAS, has assumed the office of Chief Vigilance Officer (CVO), National Aluminium Company Limited (Nalco), a Navratna PSU of Govt. of India, on Friday. Shri Samal took over the charge from Shri Gautam Bhattacharya, who had been entrusted this additional assignment at Nalco since August last.

An IAS Officer of 1992 batch of Assam & Meghalaya cadre, Shri Samal has done his graduation in Mechanical Engineering from NIT, Rourkela. Thereafter, he did his PG diploma in Industrial Engineering from NITIE, Mumbai. Under Govt. of Assam, Shri Samal served as District Magistrate in four districts and headed various prestigious departments. Before joining the aluminium major Nalco, he was Commissioner & Secretary of Science & Technology, General Administration, Tea Tribes, WPT & BC, Govt. of Assam.

NALCO JOINS THE NATION IN SWACHH BHARAT MISSION

India Gaurav Award

Bhubaneswar, 02.10.2016: On Gandhi Jayanti, the employees of Navratna PSU NALCO, joined the nation in the Swachh Bharat Mission and undertook various cleanliness and awareness drives at its production units and offices across the country. At Bhubaneswar, the employees of the aluminium major led by CMD Dr. Tapan Kumar Chand & the Directors, as also the members of Nalco Mahila Samiti, led by President Smt. Preeti Roy, broomed and cleaned the road leading to company’s corporate office.The representatives of NALCO’s unions & associations also actively participated in the sanitation drive.

Among others, Odisha’s cricket team led by captain Govind Poddar and vice-captain Basant Mohanty, accompanied by NALCO’s own international sports stars Debasis Mohanty, Shiv Sundar Das, Anuradha Biswal, Ranjita Mohanty, Madhumita Satpathy and others joined the public awareness campaign.

On the occasion, NALCO’s Graduate Engineer Trainees presented a road show to generate public awareness. The volunteers were drawn from educational institutions like Kalinga Institute of Social Sciences and Birla Institute of Management Technology,Bhubaneswar.


NALCO announces 40% dividend amounting to Rs. 467 crore for 2015-16

 Dividend for 2015-16

Bhubaneswar, 01.10.2016: In the 35th Annual General Meeting held here on Friday, the shareholders of National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, Govt. of India, have approved a total dividend payout of 40%, which works out to Rs.2 per equity share of Rs.5 each. Out of 40%, earlier 25% had been paid as interim dividend. The dividend declared is the highest since capital restructuring, done by issue of bonus share in March 2011. The total payout works out to Rs.467.13 crore, excluding applicable dividend distribution tax for 2015-16. Since inception, NALCO has paid a total of Rs.5679 crore as dividend, including Rs.4860 crore as share of Govt. of India, till interim dividend of 2015-16.

Speaking on the occasion, Dr. Tapan Kumar Chand, CMD, NALCO congratulated all the stakeholders on allocation of Pottangi Bauxite Mines in Koraput district of Odisha, a momentous decision on which the company’s smooth operations and future plans greatly depend. Earlier, the company had been allotted Utkal D & E Coal Blocks in Angul, near its Smelter and Power Complex. “These resources would definitely usher in a secured future of the company for more than four decades. Moreover, we now received the happy tiding that bridge linkage has been provided from Coal India, for supply of coal to two units of NALCO’s Captive Power Plant,” said Dr. Chand.

According to Dr. Chand, the global aluminium production grew by 6.1% year-on-year (y-o-y) basis from 54.21 million tonnes in 2014 to 57.52 million tonnes in 2015, while global aluminium consumption grew only by about 4.0% y-o-y. China continued to be the world’s largest producer and consumer of aluminium, constituting 54% of global output and 52% of global consumption. Growth of production in China during 2015 was recorded at about 10% while that in the Rest of the World was 1.6%. “Global aluminium prices have displayed considerable volatility throughout 2015-16, with LME cash prices fluctuating between a high of USD 1919 per tonne in May 2015 to a low of USD 1424 per tonne in November 2015. The average LME cash settlement price for 2015-16 was USD 1592 per tonne, registering a fall of almost 16% from 2014-15 average of USD 1889 per tonne,” Dr. Chand informed the stakeholders. “Despite severe sluggish market conditions, NALCO achieved a Profit After Tax of Rs.731 crore during the year,” he added.

Reflecting on the domestic scenario, Dr. Chand, who happens to be the President of Aluminium Association of India, informed that the total domestic production of aluminium metal during FY 2015-16 grew by 19.1% y-o-y, from 2.05 million tonnes in 2014-15 to 2.44 million tonnes in 2015-16, on account of domestic aluminium producers ramping up output at new smelting assets. Domestic consumption of primary metal also showed a sharp jump of 25.4% y-o-y, from about 1.58 million tonnes in 2014-15 to 1.98 million tonnes in 2015-16. This has been largely on account of increased offtake by the electrical, transportation and construction sectors. Aluminium exports by Indian primary producers also registered a 15% growth y-o-y, from 0.77 million tonnes in 2014-15 to 0.88 million tonnes in 2015-16.

In the domestic market, with the Government’s increased thrust on infrastructure, it is expected that aluminium offtake from the electrical, building and construction sectors would pick up considerably. The Government’s visionary initiatives such as ‘Make in India’ scheme, 100 ‘Smart Cities’ programme, 100% rural electrification and indigenous space programmes are also expected to boost consumption of aluminium.

NALCO’s Performance Highlights in 2015-16

  • NALCO’s Bauxite Mines at Panchpatmali, Korpaut, Odisha, achieved the highest-ever bauxite production of 63.4 lakh tonnes in 2015-16 as against 57.39 lakh tonnes achieved during the previous year, registering 10% growth.
  • NALCO’s Alumina Refinery at Damanjodi, Korpaut, Odisha, achieved the highest-ever alumina hydrate production of 19.53 lakh tonnes in 2015-16 as against 18.51 lakh tonnes achieved in the previous year, registering 6% growth. It is also commendable that according to the Wood Mackenzie Report, NALCO’s Alumina Refinery has been ranked No. 1 among the lowest-cost producers of alumina.
  • NALCO’s Aluminium Smelter at Angul, Odisha, achieved cast metal production of 3.72 lakh tonnes in 2015-16 as against 3.27 lakh tonnes in previous year, registering about 14% growth.
  • NALCO’s Captive Power Plant at Angul, Odisha, achieved Net Power Generation of 5841 MU in 2015-16 as against 5131 MU in previous year, registering about 14% growth.
  • Wind power generation by NALCO was 156 MU, while rooftop solar power generation was 0.19 MU in 2015-16.

NALCO has set a capex target of Rs.1021 crore for 2016-17, which includes projects like development of Utkal D & E Coal Blocks, Wind Power Projects of 50 MW each in Maharashtra and Rajasthan, addition of 5th stream in the existing Alumina Refinery at Damanjodi, Koraput, a 20 MW Solar Power Project in Madhya Pradesh, other expansion and modernization activities.

Meanwhile, the process of buyback of shares of NALCO, which was approved by the shareholders during July 2016 has been completed. Post buyback, the paid-up share capital of the company stands reduced to Rs.966.46 crore from Rs.1288.62 crore prior to buyback. The President of India shareholding has come down from 80.93% to 74.58% of the total paid-up capital as on date.

NALCO bags CAPEXIL’s Highest Export Award

India Gaurav Award

Bhubaneswar, 21.09.2016: National Aluminium Company Limited (NALCO), the Navratna PSU under Ministry of Mines, Govt. of India, has bagged the Highest Export Award of Chemical & Allied Products Export Promotion Council (CAPEXIL), sponsored by Ministry of Commerce & Industry, Govt of India, for its outstanding export performance in Minerals and Ores sector for the year 2013-14. The award ceremony was held on Tuesday in Kolkata.

Crediting NALCO as one of the leading foreign exchange earning CPSEs of the country, Dr. Tapan Kumar Chand, CMD of the company, has congratulated NALCO collective for the sustained efforts put in since 1988, when the company received the first export award from CAPEXIL. It may be mentioned that during the fiscal 2015-16, NALCO exported 11.74 lakh tonnes of alumina and 94,671 tonnes of aluminium to more than 20 countries earning a forex of Rs.3247 crore.

Nalco Pavilion adjudged best at International Expo

India Gaurav Award

Bhubaneswar, 20.09.2016: Aluminium major Nalco participated in the Mining Exploration Convention & Trade Show (Mining Mazma-2016), at Bangalore International Exhibition Centre, organized by Federation of Indian Mineral Industries (FIMI) from 15th to 17th September. Nalco pavilion was awarded as the best among all participating PSUs.

India Gaurav Award conferred on NALCO CMD Dr. T.K. Chand.

India Gaurav Award

Bhubaneswar, 18.09.2016: The prestigious ‘India Gaurav Award’ has been conferred on Dr. T.K. Chand, CMD, NALCO, for his significant contributions and achievements in the field of Industry, by Justice B.K. Nayak, Hon’ble Judge, Odisha High Court, in presence of Justice M.M. Das, Shri Sahadev Sahu, Former Chief Secretary, Govt of Odisha, Shri Sarat Kumar Dash, Commissioner, Income Tax and Prof. Prabhakar Swain, President, Sarala Sahitya Sansad in Cuttack, yesterday. The event was jointly organized by leading literary organization Sarala Sahitya Sansad and Odisha International at Sarala Bhawan, Cuttack.

NALCO extends support to differently-abled and spreads message on 'Go Green'

with special children
plantation drive

Bhubaneswar, 18.09.2016: “Nalco is the dream of the people of Odisha and we are committed to realize the dream. The company is not only a partner in the industrial progress of the State but also empathetic towards social well-being and cares for the environment”, said Dr. Tapan Kumar Chand, CMD, NALCO, while visiting the Bhubaneswar based Open Leaning System – a school for the differently-abled, yesterday. “Moreover, disability is not inability. Although disability poses some limitations but it cannot deny the right to dignity, aspirations and dreams. So, instead of pitying the lot of differently-abled, one should nurture their potentials through guidance and creation of opportunities”, expressed Dr. Chand. During the visit, Dr. Chand interacted with the special children and presented them educational kits and fruits. He was accompanied by Shri K.C. Samal, Director (Finance), Ms Soma Mondal, Director (Commercial), Shri V. Balasubramanyam, Director (Production), Shri B.K. Thakur, Director (HR) and other senior executives of the company. On the occasion wheelchairs were also donated to the school.

Prior to the visit, Dr Chand along with Directors of the company also participated in a mass plantation drive, organised by NALCO at the HRD Centre of Excellence, Nalconagar, Bhubaneswar. It may be mentioned that since inception the company has been laying emphasis on protection of ecological systems. So far, NALCO has planted about seven million trees and has also taken up avenue plantation along the National Highway from Bhubaneswar to Cuttack.

NALCO BAGS BEST EXPORTER AWARDS

Best Exporter awards

Bhubaneswar, 17.09.2016: National Aluminium Company Ltd (NALCO), the leading manufacturer and exporter of alumina and aluminium has bagged the Best Exporter Awards consecutively for the years 2011-12, 2012-13 and 2013-14, under metallurgical products category at the State Export Award Ceremony held today, at Bhubaneswar.

Appreciating the concerted efforts made by the employees, Dr. Tapan Kumar Chand, CMD of the company, conveyed hearty congratulations to NALCO Collective for the accolades. On behalf of the Company, Shri S.K. Dash, Executive Director(Projects & Technical), Shri S.K. Roy, Executive Director(Production) and Shri S. Samantaray, General Manager (Marketing), received the awards at a function organized by the Directorate of Export Promotion and Marketing, from Shri Pradip Kumar Amant, Hon’ble Minister, Finance, Public Enterprises, Govt of Odisha in the presence of Shri Jogendra Behera, Hon’ble Minister, MSME, PG & PA, Govt. of Odisha, and Shri L.N. Gupta, IAS, Principal Secretary, MSME Dept. Govt. of Odisha.

It may be mentioned that since inception, NALCO has achieved spectacular success as leading exporter of alumina & aluminium, and is also registered with London Metal Exchange, for its high quality products.

Hindi Fortnight Celebrated at NALCO

INDRADHANUSH

Bhubaneswar, 14.09.2016: With a view to promoting use of Hindi as official language, National Aluminium Company Limited (NALCO) has celebrated Hindi fortnight at its Corporate Office and sites from 1 st to 14 th September 2016.To mark the occasion, various competitions in Hindi including essay, debate, noting, quiz, poster competition etc were organised among its employees. At the concluding day function held today at corporate office, Dr Tapan Kumar Chand,Chairman-cum- Managing Director, NALCO as the chief guest, handed over the prizes to the winners in the various competitions.

“Hindi language has played a vital role not only during the freedom struggle but also helped in bringing together the people from different regions for the development of modern India” said Dr Chand, while addressing the gathering. The Hindi Day Message of Shri Piyush Goyal, Union Minister of State (Independent Charge) for Power, Coal, New & Renewable Energy and Mines, Govt. of India was also read out on the occasion.

Shri Sachidananda Padhy, Manager (Electrical), Captive Power Plant of NALCO was also awarded with a cash prize of Rs.5000/- for promoting the use of Hindi language. Among others, Shri B.K. Thakur, Director(HR) and Shri S.K. Mishra, GM(H&A) were notably present on the occasion and stressed on the implementation of Hindi Language in official works. Shri Hariram Pansari, Manager (Rajbhasa), coordinated the programme.

Nalco registers quantum jump in production,first quarter net profit Rs.135 crore

INDRADHANUSH

Bhubaneswar, 12.09.2016: National Aluminium Company Limited (Nalco), a Navratna PSU of Ministry of Mines, Govt. of India, has announced the results for the 1st quarter ended June, 2016.

According to the reviewed financial results for the first three months of the financial year 2016-17, taken on record by the Board of Directors in a meeting held in Bhubaneswar on Monday, Nalco has registered a net profit of Rs.135 crore, compared to Rs.174 crore during the corresponding period of previous fiscal.

Nalco has achieved remarkable growth in production in all fronts. During the quarter, the quantum of bauxite production was 17.04 lakh tonnes, which is about 46% higher than 11.64 lakh tonnes produced in the corresponding period of previous year. Alumina hydrate production was 5.24 lakh tonnes, i.e. 35% higher as compared to 3.88 lakh tonnes during the corresponding period of last fiscal. During the quarter, the company produced 94,496 tonnes of aluminium, which is about 10% higher than 85,722 tonnes produced in the 1 st quarter of previous financial year. The net power generated during the quarter was 1489 million units. This has gone up by around 10%,against 1358 million units generated in the corresponding period of last year. Besides,in the field of renewable energy, the company has generated 52 million units of wind power during these three months.

Despite quantum jump in production, the profit during the quarter took a dip due to low market realization. The total alumina sale during the quarter was 2.91 lakh tonnes and aluminium sale was 82,386 tonnes. However, considering the sluggishness of international metal market, Nalco’s performance is considered to be a ‘Silver Lining’ amidst the downturn in both domestic and overseas markets.

Nalco to evolve new marketing strategy,seeks customers' feedback

INDRADHANUSH

Bhubaneswar, 04.09.2016: Aluminium major Nalco organized a meet for its Odisha-based customers in the state capital on Saturday. This is the first one in a series of customers' meet planned across the country.

Addressing this new 'Growth in Togetherness' series last evening, the Navratna company's CMD Dr. Tapan Kumar Chand said that to evolve a robust marketing strategy in order to remain competitive in a sluggish metal market, the vital inputs from Nalco's valued customers is a must. Some of the customers are with the company since its very launch of products. Their brand loyalty and market intelligence shall go a long way in strategizing Nalco's moves in both domestic and international markets, Dr. Chand opined.

Nalco's Director (Commercial) Ms Soma Mondal and GM (Marketing) Mr Sadashiv Samantray also addressed the gathering. During the interactive session, other Directors of the company also chipped in with vital information.

Highest Management Award conferred on Nalco CMD Dr. Tapan Kumar Chand

Nalco Image

Bhubaneswar, 27.08.2016: Hon’ble Governor of Jharkhand Smt. Droupadi Murmu conferred the J Mathai National Fellowship Award on Dr. Tapan Kumar Chand, CMD, Nalco, during the 28th Annual Management Education Convention held at Ranchi University on Friday. Dr. Chand also addressed the convention on ‘Transforming India into Knowledge Society’.

Among the dignitaries, VC of Ranchi University Dr. R.K. Pandey, Professor L.N. Bhagat, Dr. H.K. Gautam of East & West University, Netherlands, Professor J. Phillips and luminaries from XLRI, IIMs, IITs and top B-Schools were present on the occasion.

NALCO CELEBRATES ‘INDRADHANUSH’ WITH MARGINALIZED CHILDREN

INDRADHANUSH

Bhubaneswar, 22.08.2016: “Nalco is committed to nurture the dreams of the marginalized children of the Maoist-infested and tribal dominated Koraput district of Odisha, through mainstream education and shall encourage the hidden talents by instituting annual awards,” said Dr. Tapan Kumar Chand, CMD, Nalco while addressing a kaleidoscopic programme ‘Indradhanush’ here on Sunday. The programme was organized for the 162 children of Kalinga Institute of Social Sciences (KISS), Bhubaneswar, whose education is being taken care of by Nalco Foundation, the CSR arm of the company.

It may be mentioned that Nalco Foundation, as one of its flagship programmes, is taking care of the education of 655 children from the periphery villages of Nalco’s Mines & Refinery Complex, located in Damanjodi. The Foundation provides formal education to these children through three residential schools – KISS (Bhubaneswar), Koraput Development Foundation (Jeypore) and Bikash Vidyalaya (Koraput). The company organized an interactive session with the 162 children pursuing their education at KISS yesterday. “This year, we are adding 100 more children from Pottangi area,” informed Dr. Chand. He also said that the annual awards shall be given away to 4 out of these 655 children every year for their excellent performance in academics and co-curricular activities on the occasion of Nalco’s Foundation Day celebration. The awards shall carry a purse of Rs.25,000/- each.

Earlier, Shri B.K. Thakur, Director (HR) delivered the welcome address. Addressing the children, Smt. Preeti Roy, President, Nalco Mahila Samiti, shared her motivational thoughts with the children. Among others, Nalco’s Director (P&T) Shri N.R. Mohanty, Director (Commercial) Ms. Soma Mondal, Director (Production) Shri V. Balasubramanyam, Members of Nalco Mahila Samiti and Editor of Kadambini, Dr.. Iti Samant were notably present on the occasion. Shri Pratapaditya Mishra, C.O.O., Nalco Foundation, coordinated the interaction session, wherein the children expressed their thoughts and shared their feelings with CMD Dr. Chand and senior officials of the company. A colourful extravaganza of music, magic and dance regaled the children.

Shri Gautam Bhattacharya : Nalco’s New CVO

Nalco CVO

Bhubaneswar, 18.08.2016: Shri Gautam Bhattacharya has assumed the office of Chief Vigilance Officer (CVO), National Aluminium Company Limited (Nalco), on Thursday, following the completion of tenure of Shri P.K. Mohanty. It may be mentioned that Shri Bhattacharya is currently the CVO of Geological Survey of India, under Ministry of Mines, Govt of India and has been entrusted this additional charge at Nalco, with effect from 16.08.2016.

A post graduate in Economics from Presidency College, Kolkata, Shri Bhattacharya had joined Indian Postal Service in 1987 and served many important offices, including that of Additional CVO in IBM, MECL and HCL. He was also the Dy. Director General in the Ministry of Communications and Post Master General in Kolkata region. He was a part of the Indian Delegation to International Anti-Corruption Academy in Vienna.

Nalco Mahila Samiti reaches out to tribal children

Organ Donation

Bhubaneswar, 16.08.2016: Nalco Mahila Samiti celebrated the 70th Independence Day with a difference, at Vivekananda Shikhya Kendra, Bhubaneswar. Led by Smt. Preeti Roy, President, the members visited the school and distributed School Uniforms to tribal children, who are being provided free education there. Also, sweets were distributed among all students.

On the occasion, Smt. Roy inaugurated a Blood Donation Camp, organized by Kasturi, an NGO, in association with Red Cross Society, in the school premises. Among others, Smt. Manasi Samal, Smt. Sabita Patnaik, Smt. Susmita Patel, Treasurer Smt. Smita Mishra, Jt. Secretary Smt. Namita Sahoo, Smt. Kakali Basu, Smt. Sanghamitra Mishra, Smt. Bijayalaxmi Patra of Nalco Mahila Samiti participated in the programme. Shri Amiya Patnaik, GM(H&A), Nalco and Shri M.M. Dhal, President of the Managing Committee of Vivekananda Shikhya Kendra were notably present on the occasion.

Organ Donation Drive at Nalco

Organ Donation

Bhubaneswar, 15.08.2016: Navratna Nalco joined the Nation in celebrating the 70th Independence Day with patriotic fervour. Dr. Tapan Kumar Chand, CMD of the company, hoisted the tri-colour at Nalco’s Corporate Office, Bhubaneswar and addressed the employees. On the occasion, the Directors, employees and their family members pledged to donate their organs after death.

As part of the celebrations, Dr. Chand felicitated 94-year-old Shri Bhabani Charana Pattanayak, noted freedom fighter and former MP, on behalf of Ministry of Information & Broadcasting, Govt of India and Nalco. On the occasion, the artistes of I&B Ministry’s Song & Drama Division presented a cultural programme.

Nalco felicitates football prodigy

Olympics

Bhubaneswar, 09.08.2016: Navratna Nalco has come forward to support the journey of the budding footballer Chandan Nayak, who has been selected for a 2-month training at Bayern Munich, the iconic football club in Germany, as an academy player. It may be mentioned that the club is the second most sought after football club of Europe. While felicitating the 11-year-old boy from Sabar Sahi slum of the city, Nalco's CMD Dr. Tapan Kumar Chand said, "Nalco, which is regarded as the Pride of Odisha, is proud to felicitate this soccer prodigy of the State. To me, he is the Indian Messi in making."

Dr. Chand handed over a cheque of Rs. 1 lakh to Chandan, at Nalco's Corporate Office on Tuesday, in presence of Shri K.C. Samal, Director (Finance), Shri B.K. Thakur, Director (HR) and Shri P.K. Mohanty, CVO. Shri Piyush Goyal, Union Minister for Power, Coal, New & Renewable Energy and Mines and Shri Dharmendra Pradhan, Union Minister for Petroleum and Natural Gas have also congratulated Chandan through Nalco for his selection.

"Nalco is the first organization that has come forward with financial assistance to my child," said Chandan's mother Smt. Duhita Nayak. The overwhelmed mother thanked both the Union Ministers Shri Piyush Goyal and Shri Dharmendra Pradhan, as also Nalco's CMD Dr. Tapan Kumar Chand for Nalco's goodwill gesture. It may be mentioned that, Chandan, who is currently being trained by Coach Jayadev Mahapatra, is one of the five talents in the country selected for such training. He is the youngest among the lot and only player representing Odisha.

AAI to host international aluminium conference in Bhubaneswar, to showcase Odisha's potentials : Dr. Tapan Kumar Chand

Olympics

Bhubaneswar, 05.08.2016: Aluminium Association of India (AAI) shall host the International Conference on Aluminium (INCAL) in Bhubaneswar from 15th to 17th February, 2017.

"Odisha has emerged as the aluminium capital of India, with more than half the bauxite reserves of the country and gigantic presence of Nalco, Hindalco and Vedanta in the State. So, in fitness of things, it has been decided that the temple city shall play host to a never-before international congregation of aluminium majors, primary producers and secondary producers," said Dr. Tapan Kumar Chand, President of AAI and CMD of Nalco.

"We are expecting more than 1500 exhibitors and 2000 delegates, with logistic support from Reed Exhibitions of Germany. This is also an occasion to showcase the rich cultural heritage of Odisha," said Dr. Chand.

Dr. Chand was speaking on the occasion of Kishore Kumar Nite, held at Rabindra Mandap here on Thursday. Appreciating Dr. Achyut Mishra's musical extravaganza, Dr. Chand announced that Dr. Mishra shall be one of the leading artistes of AAI's cultural troupe.

Nalco's Signature Campaign for Indian Contingent to Rio Olympics

Olympics

Bhubaneswar, 30.07.2016: Aluminium major Nalco has started a signature campaign extending best wishes to Indian contingent for Rio Olympics, including six girls from Odisha. Congratulating the athletes Dutee Chand & Srabani Nanda and hockey players Deep Grace Ekka, Namita Toppo, Lilima Minz & Sunita Lakra, Dr. Tapan Kumar Chand, CMD of the company said that the people of Odisha are proud of these participants and wished them all success.

Noble Gesture by Nalco Mahila Samiti

green awardBhubaneswar, 19.07.2016: Members of Nalco Mahila Samiti, Bhubaneswar, led by Smt. Preeti Roy, President, visited 'Sakha', an old age home at Cuttack on Saturday. The Samiti donated two steel almirahs and distributed towels to 30 inmates, besides interacting with them. Among others, Smt. Trupti Dash, Secretary, Smt. Ila Mohanty, Advisor, Smt. Namita Sahoo, Joint Secretary, Smt. Pratibha Mishra & Smt. Urmi Patra were notably present on the occasion.

Nalco inks MoU with Ministry for Higher Production & Financial Targets

green awardBhubaneswar, 18.07.2016: Navratna CPSE National Aluminium Company Limited (Nalco) has signed an MoU with the Ministry of Mines, Govt. of India regarding financial and non-financial targets for the FY 2016-17. The MoU was signed between Shri Balvinder Kumar, IAS, Secretary, Ministry of Mines and Dr. Tapan Kumar Chand, CMD, Nalco in New Delhi on Monday. The MoU was formulated as per the new DPE guidelines and finalized after discussions with both Inter-Ministerial Committee as well as Ministry of Mines.

As per the MoU, the target for revenue from operations, excluding excise duty, has been fixed at Rs.7100 crore. The MoU has also set higher targets for production of both alumina and aluminium as compared to the previous fiscal. Nalco has set an annual production target of 21.30 lakh tonnes of alumina and 3.85 lakh tonnes of aluminium. It may be mentioned that the company had produced 19.53 lakh tonnes of alumina and 3.72 lakh tonnes of aluminium in 2015-16.

Nalco has also set a Capex target of Rs.1021 crore, which includes projects like development of Utkal D & E Coal Blocks, Wind Power Projects of 50 MW each in Maharashtra and Rajasthan, addition of 5th stream in the existing Alumina Refinery at Damanjodi, Koraput, a 20 MW Solar Power Project in Madhya Pradesh and other modernization activities.

Shri N.B. Dhal, IAS, Joint Secretary, Ministry of Mines, Shri N.R. Mohanty, Director (P&T), Nalco, Shri K.C. Samal, Director (Finance), Nalco and other senior officials of Ministry and Nalco were present on the occasion.

Innovative entrepreneurship to boost Make in India initiative: CMD, Nalco

green awardBhubaneswar, 15.07.2016: "Innovative entrepreneurship will boost the Make in India initiative. Besides, it will also create a conducive environment for Indian industries to provide employment to the young and educated masses", said Dr. Tapan Kuman Chand, CMD, Nalco. He was inaugurating the 2-day national conference on 'Make in India: Opportunities & Challenges for Managers', organized at Birla Institute of Management Technology (BIMTEC), at Bhubaneswar, on 15th & 16th July. The success of Make in India shall greatly impact newer initiatives like 'Skill India', 'Start-up India' and 'Digital India', resulting in about 90 million jobs in near future, out of which manufacturing industries will top the employment chart, said Dr. Chand.

Among others, Prof. Banikanta Mishra of XIMB, Prof. Parameswar Nayak, Director, BIMTECH, Shri Rajendra Bose, Director, ICAI and Dr. B.K. Das, Director of Birla Global Institute were notably present on the occasion.

"Machine has a nameplate capacity, but Man's potential unlimited" – CMD, Nalco

seminar

Bhubaneswar, 13.07.2016: When a machine is manufactured, its capacity is labelled. On the contrary, the capacity of a Man is unlimited, says Dr. Tapan Kumar Chand, CMD of Navratna PSU Nalco. He was addressing the fresh batch of Nalco Graduate Engineer Trainees, at the induction programme, here on Wednesday.

"We have infused fresh blood keeping our domestic and overseas expansion plans in view. The company's HR is drawing a roadmap to develop its human capital right from induction. In that order, the 2nd batch of engineers would take guard next month," Dr. Chand informed.

Shri N.R. Mohanty, Director (P&T), Shri K.C. Samal, Director (Finance), Shri V. Balasubramanyam, Director (Production) and Shri B.K. Thakur, Director (HR) also welcomed and motivated the youngsters, selected from the premier institutions of the country.

Mining Lease of Pottangi Bauxite Mines granted to NALCO

green awardBhubaneswar, 13.07.2016: National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of Mines, Govt. of India has been granted Pottangi Bauxite Mines, in Koraput district of Odisha, where the company's 22,75,000-tonne Alumina Refinery is located. As per a recent order issued by Department of Steel & Mines, Govt of Odisha, NALCO has been granted the mining lease of Pottangi with an area covering 1738 hectares for a period of 50 years.

Speaking on the occasion, Dr. Tapan Kumar Chand, CMD of the company, said that now it is NALCO's turn to live up to the expectations of both Centre and State, as also the people of Odisha, through expansion, investment and CSR initiatives.

NALCO's expansion plans, including the proposed addition of 5th stream in its existing Alumina Refinery at an investment of Rs.5,600 crore, greatly depended on this additional source of bauxite.

NALCO'S NEW DIRECTOR (HR)

green awardBhubaneswar, 04.07.2016: Shri Basant Kumar Thakur (56) has assumed the office of Director (HR) of National Aluminium Company Limited (Nalco), a Navratna company, under Ministry of Mines, Govt of India, today. Prior to this assignment, he was with Steel Authority of India Limited (SAIL) as General Manager (Personnel).

Shri Thakur brings along rich and varied experiences in the management of Human Resources and Industrial Relations. During his 34-year tenure in SAIL, he served in various units, including Durgapur Steel Plant, Bokaro Steel Plant, Salem Steel Plant, R&D Centre in Ranchi and Corporate Office in New Delhi.

Besides HR, Shri Thakur also looked after Public Relations and CSR for 5 years in SAIL. Shri Thakur is a life member of NIPM and has received the Golden Peacock Award for Excellence in HR. His induction to Nalco Board shall further strengthen the company.

Nalco to take up Puri Jagannath Temple under
Swachh Bharat Mission

green awardBhubaneswar, 01.07.2016: Shri Balvinder Kumar, Secretary, Ministry of Mines, Govt of India, has complimented Dr. Tapan Kumar Chand, CMD of Navratna Nalco for accepting Govt of India's suggestion to take up Jagannath Temple in Puri under Swachh Bharat Mission. He announced this at a national seminar organized by Aluminium Association of India at Bhubaneswar on Thursday. Nalco shall undertake the cleanliness and sanitation work around the Jagannath Temple as part of its Corporate Social Responsibility.

Odisha to be the Aluminium Capital of India : Mines Secretary

seminar

Bhubaneswar, 30.06.2016: "With more than half the bauxite reserves of the country and massive presence of Nalco, Hindalco and Vedanta, Odisha is soon going to be the Aluminium Capital of India," said Mr. Balvinder Kumar, Secretary, Ministry of Mines, Govt of India. He was addressing the inaugural session of the national seminar on 'Aluminium: The Strategic Metal', organized by Aluminium Association of India (AAI) here today. He expressed his happiness that despite varying business interests, aluminium majors, primary producers and secondary producers have gathered under the AAI umbrella to collectively counter the market downturn in aluminium sector.

Mr. Kumar assured the house that Aluminium Development Council, as suggested by Dr. Tapan Kumar Chand, President, Aluminium Association of India and CMD, Nalco, shall be set up soon to strengthen the aluminium industry of the country. He further informed that on AAI's recommendation, the Ministry of Mines has asked the Railway Ministry to charge the freight of bauxite at par with limestone and include alumina in the non-metal segment.

Besides, Mr. Kumar complimented Nalco for accepting Govt of India's suggestion to take up Jagannath Temple in Puri under Swachh Bharat Mission. He urged other aluminium players to adopt villages under open-defecation-free programme.

Speaking on the occasion, Mr. R.K. Sharma, Principal Secretary to Govt of Odisha, Ministry of Steel & Mines said that there is a vast scope for the aluminium industry in India at large and in Odisha, in particular. Mr. Sharma complimented Dr. Chand, President, AAI, for organizing this national seminar in Bhubaneswar, bringing experts from diverse disciplines of aluminium industry to one platform. It may be noted that the seminar is a precursor to International Conference on Aluminium (INCAL 2017), which will be held in Bhubaneswar next February.

Speaking on the occasion, Dr. Chand said that while the aluminium industry across the globe is passing through sluggishness, AAI is taking up steps to strengthen the sector through various initiatives. He stressed on cost reduction, making domestic market more vibrant and enhancing the aluminium market through introduction of various value-added and high-end products.

In the technical session, Mr. Abhijit Pati, CEO (Aluminium Business) of Vedanta spoke about developing the ancillary and downstream industry through aluminium parks and strategic business models, while Mr. Satish Pai, Deputy Managing Director of Hindalco outlined the aluminium outlook, particularly in the wake of dumping of surplus aluminium by China. Among others, Mr. N.R. Mohanty, Vice President and Prof. K.S.S. Murthy, General Secretary, AAI were also present.

Aluminium Association of India to hold National Seminar in Bhubaneswar

Bhubaneswar, 28.06.2016: Aluminium Association of India (AAI) is organizing a national seminar on 'Aluminium : The Strategic Metal' in Bhubaneswar on 30th June 2016, at Mayfair Convention. The seminar is sponsored by aluminium majors Nalco, Vedanta and Hindalco.

On behalf of Nalco, Shri K.C. Samal, Director (Finance) received the award from Shri Prahlad Kakkar, the Legendary Ad Guru. Shri Kakar delivered a talk on 'Making Odisha a Global Brand' on the occasion. Among others, Shri Debi Prasad Mishra, Minister for Industries, School & Mass Education, Govt of Odisha and Shri Priyadarshi Mishra, MLA, Bhubaneswar (North) were also present.

Shri Balvinder Kumar, Secretary, Ministry of Mines, Govt of India shall grace the occasion as the chief guest and Shri R.K. Sharma, Principal Secretary to Govt of Odisha, Ministry of Steel & Mines shall be the guest of honour. Dr. Tapan Kumar Chand, Hony. President, AAI and CMD, Nalco and Prof. K.S.S. Murthy, Hony. General Secretary, AAI, shall also address the inaugural session.

The seminar shall witness participation of institutions and individuals from the aluminium sector across the country. In the technical session, papers on 'Aluminium Outlook', 'Aluminium Park and Strategic Business Model for Future', 'Possibilities of Synergetic Development of Aluminium & its Products', 'Emerging Applications of Aluminium and its Alloys', 'Substitution Threat to Aluminium' and 'Angul Aluminium Park' are scheduled to be presented by eminent speakers.

Nalco receives Emerging Global Brand Award

Yogaday

Bhubaneswar, 23.06.2016: "National Aluminium Company Limited (Nalco), the Navratna CPSE under Ministry of Mines, Govt of India, has bagged the 'Emerging Global Brand Award'. The award was conferred on Nalco during the Brands of Odisha Awards ceremony, organized by a leading web channel network OdishaLive, here on Wednesday.
On behalf of Nalco, Shri K.C. Samal, Director (Finance) received the award from Shri Prahlad Kakkar, the Legendary Ad Guru. Shri Kakar delivered a talk on 'Making Odisha a Global Brand' on the occasion. Among others, Shri Debi Prasad Mishra, Minister for Industries, School & Mass Education, Govt of Odisha and Shri Priyadarshi Mishra, MLA, Bhubaneswar (North) were also present.
The aluminium major was selected for this award in recognition to its continuous efforts to redefine and reaffirm Brand Nalco, in the global market. Born and brought up in Odisha and with footprints across the globe, Nalco has not only brought laurels to the country but also considered as the Brand Ambassador of the State.

Nalco CMD bats for Yoga as a corporate culture

Yogaday

Bhubaneswar, 21.06.2016: "In pursuit of corporate excellence, sometimes we over-stretch ourselves to a point of no resilience. So, Yoga is a must as a corporate culture to attain physical well-being and mental peace," says Dr. Tapan Kumar Chand, CMD, Nalco. The Navratna company joined nation-wide celebration of International Yoga Day on Tuesday in its plants and offices. At Bhubaneswar, the company, in association with Vivekananda Kendra Kanyakumari, organized a practical demonstration of common protocols of yoga for its employees in the morning session. Yoga Mahotsav Samiti and Nalco Mahila Samiti organized a separate session for the family members of the employees in the evening.

PERFECT GROOMING GROUND FOR TALENTED SINGERS

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Bhubaneswar, 12.06.2016: Chief Guest Dr. Tapan Kumar Chand, CMD, NALCO, along with wife Smt. Preeti Roy and others, felicitating the young singers during 'Jewels of Odisha' programme at Rabindra Mandap, Bhubaneswar, on Saturday. Organized by Prafull Kar Foundation and Sanskar, the singing sensations, led by Ananya Sritam Nanda (Winner of Indian Idol Junior), Pragya Patra (of The Voice India fame) and Mahaprasad (Son of legendary singer Padma Shri Prafull Kar), regaled the capacity crowd with some mesmerizing songs.

Nominations for Nalco Green Awards


green awardBhubaneswar, 08.06.2016: National Aluminium Company Limited (NALCO) has instituted state-level awards for meritorious engineers, who have introduced and adopted Green Technology in the industrialization of Odisha. The award titled 'NALCO Green Awards for Engineering Excellence' shall be given annually on the occasion of Engineers' Day and carry one 1st prize with cash award of Rs.2 lakh, one 2nd prize with cash award of Rs. 1 lakh & two 3rd prizes with cash award of Rs. 50,000/- each, along with citations. For this, the company has sought online applications through its website, till 11.07.016. Interested engineers may apply online at www.nalcoindia.com with supporting documents.

NALCO celebrates World Environment Day


Despite sluggish marketBhubaneswar, 06.06.2016: National Aluminium Company Limited (NALCO), the Navratna PSU of Govt. of India, joined the nation in celebrating World Environment Day on June 5. To mark the occasion, massive plantation drives were undertaken at the company's units and offices. At Bhubaneswar, a plantation drive, along with awareness programme, was undertaken in Nalconagar premises. Smt. Preeti Roy, President, Nalco Mahila Samiti, graced the occasion as chief guest and planted a sapling. Notably, Shri Amiya Patnaik, GM(H&A), Shri Sanjay Mishra, GM(H&A), and Smt Trupti Dash, Secretary, Nalco Mahila Samiti participated in the plantation drive. Besides, a poster competition on environment for children and a competition on natural ornaments among ladies were also organized, as part of the celebration.

Swachh Bharat Abhiyan in Nalco


Despite sluggish marketBhubaneswar, 01.06.2016: As part of ongoing Swachh Bharat Abhiyan, Nalco joined the Nation in taking up a fortnight-long cleanliness and awareness drive, which ended yesterday.

Despite sluggish market, NALCO posts Rs 731 cr net profit in 2015-16 with Rs 515 cr dividend pay-out


Despite sluggish marketBhubaneswar, 28.05.2016: At a time when 70% aluminium companies world over have reported loss, as also reduced production, and the aluminium industry is reeling under heavy pressure due to sluggish international market, National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, Government of India, has remained profitable by successfully handling the market downturn by becoming the lowest cost producer of alumina in the world and focusing on increased bauxite mining and alumina refining, besides effecting several cost reduction measures, particularly in metal production. It may be noted that while the average London Metal Exchange (LME) price per tonne of aluminium in FY14-15 was 1889 USD per tonne, it slumped to an average of 1592 USD in FY 15-16 i.e a fall of 16%.


According to the audited financial results for 2015-16, taken on record by the Board of Directors in a meeting held here on Saturday, during the 4th quarter NALCO has registered a net profit of Rs.208 crore, as compared to Rs.133 crore in the preceding quarter and Rs.355 crore during the corresponding quarter of the previous fiscal. Overall, during 2015-16, the company has posted a net profit of Rs.731 crore, compared to Rs. 1322 crore achieved during the previous year. The gross turnover of the company during 2015-16 has been Rs.7157 crore.


The NALCO Board also recommended a final dividend of 15% amounting to Rs.193.29 crore. Earlier, the company had declared an interim dividend of 25%, amounting to Rs.322.16 crore, on the paid-up equity share capital of Rs.1288.62 crore. The total dividend for 2015-16 works out to Rs.515.45 crore and including dividend distribution tax (DDT) it comes to Rs.620 crore.


The aluminium major has registered an all-time high production of 63,40,142 tonnes of bauxite in 2015-16 i.e. about 10% higher, and 19,53,000 tonnes of alumina i.e. about 6% higher than the corresponding figures of the previous fiscal. The company also produced 3, 72,183 tonnes of metal, registering an increase of 14% as compared to the corresponding figure of the previous year. During the year, power generation was up by 14% at 5841 million units, while the metal sale was higher by 14% at 3,72,424 tonnes, as compared to previous year.


Meanwhile, in a significant development, during the recent visit of PM to Iran, Dr. Tapan Kumar Chand, CMD, NALCO, signed an MoU with Vice Chairman of Planning Board, Govt of Iran to explore the possibility of setting up an aluminium smelter in Iran. A taskforce is being constituted taking experts from NALCO and its Iranian counterpart IMIDRO. Among other things, the MoU envisages tolling arrangement with existing smelters in Iran, for producing aluminium from NALCO's surplus alumina.

Besides, NALCO Board in a meeting held in New Delhi on last Wednesday, approved the proposal to buy back up to 64.43 crore shares i.e 25% of paid up equity share, at Rs.44 per share, for a total value of about Rs.2835 crore.

 

Swachh Bharat Abhiyan in Nalco


Despite sluggish marketBhubaneswar, 01.06.2016: As part of ongoing Swachh Bharat Abhiyan, Nalco joined the Nation in taking up a fortnight-long cleanliness and awareness drive, which ended yesterday.

Despite sluggish market, NALCO posts Rs 731 cr net profit in 2015-16 with Rs 515 cr dividend pay-out


Despite sluggish marketBhubaneswar, 28.05.2016: At a time when 70% aluminium companies world over have reported loss, as also reduced production, and the aluminium industry is reeling under heavy pressure due to sluggish international market, National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, Government of India, has remained profitable by successfully handling the market downturn by becoming the lowest cost producer of alumina in the world and focusing on increased bauxite mining and alumina refining, besides effecting several cost reduction measures, particularly in metal production. It may be noted that while the average London Metal Exchange (LME) price per tonne of aluminium in FY14-15 was 1889 USD per tonne, it slumped to an average of 1592 USD in FY 15-16 i.e a fall of 16%.


According to the audited financial results for 2015-16, taken on record by the Board of Directors in a meeting held here on Saturday, during the 4th quarter NALCO has registered a net profit of Rs.208 crore, as compared to Rs.133 crore in the preceding quarter and Rs.355 crore during the corresponding quarter of the previous fiscal. Overall, during 2015-16, the company has posted a net profit of Rs.731 crore, compared to Rs. 1322 crore achieved during the previous year. The gross turnover of the company during 2015-16 has been Rs.7157 crore.


The NALCO Board also recommended a final dividend of 15% amounting to Rs.193.29 crore. Earlier, the company had declared an interim dividend of 25%, amounting to Rs.322.16 crore, on the paid-up equity share capital of Rs.1288.62 crore. The total dividend for 2015-16 works out to Rs.515.45 crore and including dividend distribution tax (DDT) it comes to Rs.620 crore.


The aluminium major has registered an all-time high production of 63,40,142 tonnes of bauxite in 2015-16 i.e. about 10% higher, and 19,53,000 tonnes of alumina i.e. about 6% higher than the corresponding figures of the previous fiscal. The company also produced 3, 72,183 tonnes of metal, registering an increase of 14% as compared to the corresponding figure of the previous year. During the year, power generation was up by 14% at 5841 million units, while the metal sale was higher by 14% at 3,72,424 tonnes, as compared to previous year.


Meanwhile, in a significant development, during the recent visit of PM to Iran, Dr. Tapan Kumar Chand, CMD, NALCO, signed an MoU with Vice Chairman of Planning Board, Govt of Iran to explore the possibility of setting up an aluminium smelter in Iran. A taskforce is being constituted taking experts from NALCO and its Iranian counterpart IMIDRO. Among other things, the MoU envisages tolling arrangement with existing smelters in Iran, for producing aluminium from NALCO's surplus alumina.

Besides, NALCO Board in a meeting held in New Delhi on last Wednesday, approved the proposal to buy back up to 64.43 crore shares i.e 25% of paid up equity share, at Rs.44 per share, for a total value of about Rs.2835 crore.

 

INDIAN DELEGATION IN IRAN 'NALCO & IMIDRO sign MoU for Business Collaboration'

hBhubaneswar, 23.05.2016: National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, Govt. of India and Iranian Mines & Mining Industries Development & Renovation Organization (IMIDRO) have signed an MoU to jointly explore the possibility of setting up an Aluminium smelter in Iran, with supply of alumina from NALCO’s refinery in India. The MoU also envisages tolling arrangement with existing smelters in Iran for producing Aluminium from alumina supplied by NALCO, inter alia, it proposes to look into other business collaborations as well.
“NALCO looks forward to using the low-cost gas-based energy available in Iran for conversion of its surplus alumina, presently exported to international markets, to bring in value addition and scale up value chain,” said Dr. Tapan Kumar Chand, CMD, NALCO.
Under this MoU, a joint taskforce comprising NALCO and IMIDRO experts is getting constituted to work out the details. The MoU was signed between CMD, NALCO and Vice Chairman, Planning Board, Iran, today in Tehran in presence of Prime Minister of India and President of Iran. Mr. N.R. Mohanty, Director (Projects & Technical) and Dr. B.K. Satpathy, Executive Director (Business Development), NALCO, were part of the delegation led by Dr. Chand.

NALCO awarded for Best CSR practices

Bhubaneswar, 21.05.2016: National Aluminium Company Limited (NALCO) has been awarded 'CSR Excellence Award in Gold category' for the year 2015 in a national level seminar held today at Bhubaneswar. The seminar was organized by the Institute of Quality and Environment Management Services (IQEMS), in association with Rotary Club - Heritage, Bhubaneswar.

On behalf of the company, Shri Pratap Aditya Mishra, Advisor (Corporate Communication & CSR) received the award from Shri Ashok Kumar Tripathy, IAS, Member, Board of Revenue & Chief Administrator, KBK, Government of Odisha. The seminar - based on theme 'Corporate Social Responsibility Initiatives – Value Driven Social Change' was inaugurated by Dr. Subash Pani, IAS (Retd.) and former Chief Secretary, Government of Odisha.

About 100 participants from various industries, state administration, Non-Governmental Organisations and members of civil societies participated in this seminar. Among others, Dr. R.C. Panda, IAS (Retd), former Secretary, Dept of Industries & Public Enterprises, Govt of India, PVSM Lt. Gen J.S. Ahluwalia, President, Institute of Directors, Shri S.C. Pradhan, South African High Commission, New Delhi, Shri Debabrata Panigrahi, Managing Director, IQEMS were notably present on the occasion.

Emphasis on sustainability and inclusiveness is essential for CSR: Dr. Chand, CMD, NALCO

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Bhubaneswar, 17.05.2016: The Industrial Promotion & Investment Corporation of Odisha Limited (IPICOL) organized a roundtable discussion on Corporate Social Responsibility in Odisha, at the IDCO Annex Building, Bhubaneswar on 17.05.2016. Representatives from various industries, state administration, bureaucrats, policy makers and members of civil societies participated in the roundtable discussions and touched upon relevant topics and challenges concerning Corporate Social Responsibility (CSR).

A first of its kind in the country, a research based report 'CSR White Paper' covering the CSR spending of 287 companies in Odisha was also released on the occasion by Shri Debiprasad Mishra, Hon'ble Minister, Industries, and School & Mass Education in the presence of Shri R. Balkrishnan, IAS, Development Commissioner, Shri Sanjeev Chopra, Principal Secretary, Industries, and Dr. Tapan Kumar Chand, CMD, NALCO. In his keynote address, Dr. Tapan Kumar Chand, CMD, NALCO, spoke about the science of CSR and stressed on an inclusive approach and sustainable mechanism during formulation of any CSR activities by the Industries. "With India being among the few countries having a well defined CSR policy for Corporates, it is essential that to compete at a Global level, we must also focus on transparency and accountability," said Dr. Chand. Appreciating this endeavor of the State Government in bringing the industry captains and policy makers into one platform to share and discuss issues of CSR, he was optimistic that in future the CSR activities in the State would further get augmented.

On this occasion, Shri S.C. Padhy, Director (HR), NALCO, also briefed about the various CSR activities being undertaken by the company.

Among others, Shri Charudutta Panigrahi, Mentor of FIDR, Shri Maheswar Sahu, Head of Gujarat CSR Authority were also notably present on the occasion and shared the findings of the CSR report and shared the CSR experience respectively.

NALCO CELEBRATES 18th NATIONAL TECHNOLOGY DAY "NALCO is the pride of India" : Dr. R. Chidambaram

hBhubaneswar, 11.05.2016: To mark the celebration of 18th National Technology Day, National Aluminium Company Limited (NALCO) organized Technology Day Lecture on "The Role of Industry in a Knowledge Economy" at its Corporate Office on Wednesday. Padma Vibhushan Dr. Rajgopal Chidambaram, Principal Scientific Advisor to Govt of India and Chairman, Scientific Advisory Committee to the Union Cabinet was the Chief Speaker. In his address, he emphasized on a knowledge-driven economy for the development of the country. He said, "Development without security is vulnerable and security, without development is meaningless." To attain overall development, knowledge has become a key factor today. "The path to a knowledge-driven economy is paved by new advanced technology," he added. For this, he stressed that there should be a thermodynamic equilibrium between the industry system and academic system.

Dr. Tapan Kumar Chand, CMD, NALCO in his presidential address, focused on knowledge and technology as cutting edge of a business organization in contemporary competitive climate. He emphasized NALCO's business plan is in synergy with development.

In his address, Shri N.R. Mohanty, Director (Project & Technical), while emphasizing on the need of the hour to make the right technology choices, ensure synergy between research & product development and need for augmenting R&D. He highlighted some of the historical MoUs signed by NALCO for R&D cooperation.

At the outset, Dr. B.K. Satpathy, ED (BD, R&D) of the company introduced the Chief Speaker and Shri Subrat Kar, GM (R&D) proposed a vote of thanks. The programme was attended by eminent Scientists, Technologists, Engineers, drawn from various organizations apart from NALCO employees.

NALCO inks R&D Agreement with BARC

CMD

Bhubaneswar, 10.05.2016: Navaratna PSU NALCO today signed an MoU with Bhabha Atomic Research Centre (BARC), Mumbai, for Research and Development (R&D) cooperation in the fields of mutual interest.

Under the MoU, R&D projects like: Extraction of Gallium from Bayer liquor, Extraction of Rare earth elements from Red Mud and Development of Reference Standards would be taken up within the framework of this MoU.

"Extraction of Gallium from Bayer Liquor will be NALCO's first R&D project with BARC with an objective to develop indigenous technology for this strategic metal, for our country" said Dr. Tapan Kumar Chand, CMD, NALCO.

The MoU was signed by Dr. B.K. Satpathy, Executive Director (Business Development), NALCO and Dr. Jagtap, Director (Chemistry Group), BARC in presence of NALCO CMD, Dr. Chand and Principal Scientific Advisor to Govt. of India and Chairman of the Scientific Advisory Committee to the Cabinet, Dr. Rajagopal Chidambaram.


Nalco joins the Twitter Community

CMD

Bhubaneswar, 07.05.2016: National Aluminium Company Limited (NALCO) has joined the social media with twitter handle @ cmdnalco. Dr. Tapan Kumar Chand, CMD, shall tweet on various aspects of the company from now onwards. Interested stakeholders can follow him or view the contents at www.twitter.com/cmdnalco.


NALCO assumes a bigger role in Titanium Slag Project

Bhubaneswar, 05.05.2016: Indian Rare Earths Limited (IREL) and the Navratna CPSE NALCO had agreed to set up a 1-lakh TPA Titanium Slag Project in Joint Venture, at Chhatrapur in Ganjam district of Odisha, with an investment of Rs.750 crore. For this, a pre-feasibility report was prepared and IREL had floated Expression of Interest for technology supply. However, since no global technology supplier evinced interest, now NALCO has taken the lead in attracting global technology suppliers. This was discussed between Dr. Tapan Kumar Chand, CMD, NALCO and Shri D. Singh, CMD, IREL, in presence of senior officials of both the companies, here on Thursday.

"Titanium is regarded as a high-end metal and NALCO aims to enter into a niche market with this venture. The company, by virtue of its strong international presence, would play a vital role in attracting reputed suppliers for this project," said Dr. Chand. "In fact, during the recent visit of our Director (P&T) Shri N.R. Mohanty to China, Chalieco had expressed interest in participating in the project. NALCO will also scout for other global suppliers in countries like Russia, Ukraine and the US," Dr. Chand added.


TOLIC Meeting at Nalco

TOLIC Meeting

Bhubaneswar, 02.05.2016: The fourth half-yearly meeting of Town Official Language Implementation Committee (TOLIC) (Undertakings), Bhubaneswar, under the Department of Official Language, Govt. of India, was held under the aegis of Nalco, here on 30th April. Dr. Tapan Kumar Chand, CMD, Nalco, presided over the meeting and released the first issue of Hindi e-magazine 'Anant'. Shri Ajay Malik, Deputy Director (Implementation), Dept. of Official Languages, Eastern Zone, Kolkata was present as Government of India representative and informed about new government orders regarding use of Hindi and answered all the queries of members.

On behalf of NALCO, Shri S.C. Padhy, Director (HR) graced the occasion. Shri Narendra Kumar, Sr. General Manager, BSNL, Shri R. Mahalingam, Director, Airport Authority of India, Shri S.P. Bhatt, Dy. General Manager, IFCI, Shri A.D. Singh, Dy. General Manager of Food Corporation of India, Shri S.K. Bhuyan, Chief Manager, MCL participated were guests of honour.

41 Hindi Officers and representatives of Central Govt. Undertakings and Corporations of Bhubaneswar participated in the meeting. The meeting was co-ordinated by Shri Hariram Pansari, Member-Secretary of the Committee.

NALCO's Sustainable Development Report based on GRI international guidelines released

Bhubaneswar, 30.04.2016: The Navratna CPSE National Aluminium Company Limited (NALCO) released the 4th edition of its Sustainable Development Report today, based on the latest guidelines (GRI G4) of internationally acclaimed Global Reporting Initiative (GRI). Headquartered in Amsterdam, GRI has developed an elaborate and critical framework for reporting on socio-economic and environmental aspects of an organization. It is an independent body that collaborates with United Nations Environment Programme (UNEP) and United Nations Global Compact. Presently, about 7500 organizations across the globe are using the GRI guidelines.

"Sustainability reporting has emerged as an excellent management practice, adopted by progressive organizations world over. NALCO is one of the few such organizations in India, which has successfully undergone content index service assessment by GRI," said Dr. Tapan Kumar Chand, CMD of the aluminium major, releasing the publication in presence of Directors, ED(Production) and GM(SH&E) of the company. "We have comprehensively addressed the sustainability issues from organizational point of view, like socio-economic, environmental, ethical and governance, which greatly impact the society," Dr. Chand added. The report shall also be hosted on public domain.


'Nalco takes up Stress-buster Exercise to Enhance Happiness Quotient'.

Stress-buster ExerciseBhubaneswar, 28.04.2016: In an organization, stressful work environment takes a heavy toll on the efficiency and overall well-being of its employees. More so in an industrial set- up like Nalco, which is pitted against global players of high calibre on the one hand and the vagaries of international market on the other. So, to unwind its employees and enhance productivity, the aluminium major has started a stress management exercise at the beginning of the present fiscal.
In this context, a two-day workshop for top management concluded at the company’s HRD Centre of Excellence here on Thursday. This Self Management of Excessive Tension (SMET) workshop, based on Yoga and Vedic principles, was conducted by Padma Shri Dr. H.R. Nagendra, Chancellor, S-VYASA University and subject expert Dr. R.M. Acharya, in which Nalco’s Directors, Executive Directors and General Managers participated.
“Similar workshops shall be organized across the company to strike a work-life balance and rejuvenate our human capital,” said Dr. Tapan Kumar Chand, CMD of this Navratna company. Appreciating the Nalco collective for the excellent effort put in to achieve record production during 2015-16, Dr. Chand said that the company is fully focussed on enhancing the happiness quotient and ensuring wholesome growth of its human resources for better results in the present fiscal.
“For us, minding the machines and machining the minds – both are equally important. In fact, the output of a machine can be quantified and measured but the power of a man behind the machine, if tapped, can yield amazing results,” Dr. Chand added. Shri Dipankar Mahanta, Independent Director of Nalco had taken the initiatives in coordinating the workshop and appreciated the response of the top management in this direction.

Utkal Gaurav Madhu Babu was the harbinger of quality movement : Dr. Chand, CMD, NALCO

Bhubaneswar, 21.04.2016: "As one of the makers of Modern Odisha, Utkal Gaurav Madhusudan Das had paved the path of progress in the State. At the same time, his brave attempts as a quality-conscious entrepreneur are exemplary even today. In fact, Madhu Babu was the harbinger of quality movement in Odisha," said Dr. Tapan Kumar Chand, CMD of Navratna NALCO. He was addressing the concluding ceremony of the 21st edition of the two-day All Odisha Quality Circle Convention, by NALCO on Thursday. The QC Convention is being organized by NALCO since 1996. This year, altogether 37 teams (29 Quality Circles and 8 Total Productive Maintenance Circles) from 22 organizations across the State participated in the convention. On the occasion, Dr. Chand announced the institution of 'NALCO Utkal Gaurav Madhusudan Das Quality Award'. The award, carrying a purse of Rs.1 lakh and a citation shall be conferred on an industrial set-up having outstanding quality practices, in the next edition of the convention.

Citing the example of Madhu Babu's Utkal Tannery, established in 1905, Dr. Chand said : "While Madhu Babu was very much keen towards the industrial advancement of Odisha, his brainchild Utkal Tannery was an epitome of manufacturing excellence and quality. There were instances when he rejected the leather goods produced in the tannery having minor defects. In the process, he had suffered huge losses. However, for this commitment towards quality, Utkal Tannery, is remembered even today. NALCO, as a quality conscious enterprise, is carrying forward the quality movement, pioneered by Madhu Babu."

In the competition, the Gold Plaque was bagged by Quality Circle 'Discovery' of Alumina Refinery, NALCO, while Quality Circle 'Sea Hawk' of Rourkela Steel Plant emerged as the Runners-up and won the Silver Plaque. Amongst TPM Circles, 'LRP SEC-02' of Tata Steel, Joda bagged the Gold Plaque, while 'Quantum' of JK Paper was Runners-up and won the Silver Plaque.
Among others, NALCO's Shri S.C. Padhy, Director (HR), Ms. Soma Mondal, Director (Commercial) and Shri S.K. Roy, Executive Director (Production) were present on the occasion. At the inaugural ceremony, Shri N.R. Mohanty, Director (P&T), Shri K.C. Samal, Director (Finance) and Shri V. Balasubramanyam, Director (Production) were also present. Shri Chandreswar Khan, former Head of Training at TATA Motors and Dr. B.L. Bangray, Consultant of QCFI, Hyderabad officiated the competitions as judges.

Nalco celebrates Dr. Ambedkar Jayanti

Bhubaneswar, 18.04.2016: Nalco Corporate SC/ST Employees Welfare Association, Bhubaneswar celebrated the 125th birth anniversary of Bharat Ratna Dr. B.R. Ambedkar, at Nalconagar, Bhubaneswar on Thursday. While Shri S.C. Padhy, Director (HR), Nalco, graced the occasion as the chief guest, Padma Shri Tulasi Munda, was the chief speaker and Smt. Soma Mondal, Director (Commercial), Nalco was the guest of honour. Shri S.K. Sethi, President and Shri Jatindra Naik, General Secretary of the Association also addressed the gathering. The meeting was conducted by Smt. Neelima Kongari and Shri Bhabani Shankar Das proposed a vote of thanks.

NALCO PAYS Rs.260.72 CRORE INTERIM DIVIDEND TO GOVERNMENT

Bhubaneswar, 18.04.2016: National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of Mines, Govt. of India, has declared an interim dividend of 25%, i.e. Rs.1.25 per share of Rs.5 each, amounting to Rs.322.16 crore for the financial year 2015-16, on the paid-up equity share capital of Rs.1288.62 crore. Mr. Narendra Singh Tomar, Union Minister of Steel & Mines, Govt. of India, was presented a cheque, amounting to Rs.260.72 crore by Dr. Tapan Kumar Chand, CMD, NALCO, in the presence of Mr. Balvinder Kumar, Secretary, Ministry of Mines, as interim dividend on the 80.93% shares held by the Govt of India, in New Delhi today. The Union Minister Mr. Tomar had a word of praise for the effective functioning of NALCO despite sluggishness in the market. Particularly, he was appreciative of the company's all-time high bauxite production of 63.40 lakh tonnes and 19.53 lakh tonnes of alumina in 2015-16.

From the Ministry, Mr. R. Sridharan, Addl. Secretary, Mr. N.B. Dhal, Joint Secretary and from NALCO, Mr. K.C. Samal, Director (Finance) were notably present on the occasion.


NALCO, which started its commercial operations in 1987 has been earning profits consistently and has been declaring dividends since 1992. In 2014-15 fiscal, the company had declared a total dividend of Rs.451.02 crore. It may be mentioned that since inception, NALCO has paid a total of Rs.5679 crore as dividend including Rs.4860 crore as share of Govt. of India.


Nalco to augment production to beat margin erosion, says CMD Dr. Chand

Bhubaneswar, 16.04.2016: National Aluminium Company Limited (Nalco) broke the previous production records by producing 63.40 lakh tonnes of bauxite and 19.53 lakh tonnes of alumina at its Mines and Refinery, during the 2015-16 fiscal. To celebrate this excellent achievement, Dr. Tapan Kumar Chand, CMD, Nalco, visited Damanjodi and felicitated 30 outstanding achievers of both the units, ranging from Operators to Assistant General Managers with CMD Excellence Awards.

"Excellence is a journey, never a destination. Now, the journey of Nalco has begun, which would make the company a truly global player in mining, metal and energy sectors. With concerted efforts, in 2016-17, we shall achieve the target of producing 68.25 lakh tonnes of bauxite, an increase of 7.1% and 21.50 lakh tonnes of alumina, an increase of 9.2% as compared to last fiscal," said Dr. Chand in his address. Describing 2015-16 as the seminal year, he further said that there would be a major turnaround in the business plan of the company to meet the turbulent business environment. Hitherto Nalco was regulating its production to tide over the crisis, but now the company is braving it out by augmenting production to beat margin erosion, he added.


During the 2-day tour, Dr. Chand attended a series of meetings and programmes, interacting with representatives of workers' unions, officers' associations, school authorities, socio-cultural bodies, industrial security forces, as well as people from periphery villages and top officials of district administration. All of them pledged unanimous support to make the current fiscal a major milestone in the journey of excellence.


NALCO & IMIDRO to constitute Joint Task Force for Smelter & Power Plant in Iran

Bhubaneswar, 11.04.2016: National Aluminium Company Limited (NALCO), a Govt of India Enterprise and Iranian Mines & Mining Industries Development & Renovation Organization (IMIDRO) shall constitute a Joint Task Force, comprising senior projects, operations and marketing executives of NALCO, Directors of Ministry of Industries, Govt of Iran and senior executives of Iranian Aluminium Company (IRALCO) to deliberate on the proposed smelter and gas-based power plant in Chabahar Free Trade Zone. The Joint Task Force has been given three months to submit its report.

"The project would help NALCO to use low cost energy available in Iran for conversion of its alumina, presently exported to international markets, to aluminium. The aluminium products from the Joint Venture Company are expected to be highly cost competitive combining the advantages of low cost NALCO alumina and low cost Iranian energy," said Dr. Tapan Kumar Chand, CMD, NALCO. Dr. Chand is in Iran as part of Indian business delegation, led by Dharmendra Pradhan, Union Minister for Petroleum and Natural Gas, Govt of India. During this visit, Dr. Chand held discussions with Deputy Minister of Industry, Mines & Trade, Govt. of Iran, Chairman of IMIDRO and top officials of Govt. of Iran and other aluminium companies.

Based on the report, ownership pattern, project financing, long-term supply of gas and other aspects shall be decided. A team from IMIDRO is likely to visit NALCO shortly. Dr. Chand has thanked Minister Dharmendra Pradhan for taking initiative in taking up NALCO's proposal including gas pricing, long term supply of gas and allotment of land in Chabahar at the highest level of Iranian Govt.

Nalco plans Solar Electrification in 163 tribal villages of Koraput

Pride AwardBhubaneswar, 08.04.2016: Navratna CPSE National Aluminium Company Limited (Nalco) has decided to install solar electrification systems in 163 periphery villages in tribal dominated Damanjodi sector of Koraput district, where the company's Mines & Refinery Complex is located. This Rs.9-crore project shall be executed through Nalco Foundation, the CSR arm of the company. The Foundation has already installed 30 solar street lights in 2 villages, as a pilot project.

Besides, Nalco has also received proposals from local Sarpanchs, MLAs, MPs and District Administration to take up different projects towards the infrastructure development in the villages around Damanjodi and Pottangi. In this line, in the first phase, Nalco is planning to implement 49 projects at a cost of Rs.15.83 crore. In the second phase, 32 projects shall be implemented with an estimated cost of Rs.24.33 crore.

In the field of employment generation for the project affected people in Damanjodi sector, Nalco has taken up significant steps. The company has provided employment to all the 600 Land Displaced Persons, barring one for want of nominee. Going a step further, the company has now identified 235 substantially affected persons, who have lost 1/3rd or more land for the project of Nalco in this sector. The list of nominees from the identified families is being prepared by the District Administration. Out of the names nominated so far, 3 persons have been employed in the company and rest nominees are in the process of getting employment.

Nalco has also proved to be an active partner of Govt of India in implementing the Swachh Bharat and Swachh Vidyalaya Abhiyan. The company has constructed 473 toilets in 224 schools of Odisha and Andhra Pradesh, out of which 172 toilets have been constructed in 85 schools of Koraput district.

Nalco has sponsored 655 children of Koraput district for residential education in Kalinga Institute of Social Sciences, Bhubaneswar, KDF Model School, Jeypore and Bikash Vidyalaya, Koraput. During 2016-17, 100 more students shall be sponsored from periphery villages of Damanjodi and Pottangi.

In the field of healthcare, besides its own hospital, the company is operating 4 mobile health units in Damanjodi sector, through Nalco Foundation, in association with Wockhardt Foundation of Mumbai to cater to the daily healthcare requirements of the people residing in 163 periphery villages and adjoining hamlets, free of cost. Going a step further, the company has planned to start an additional mobile health unit for the 36 periphery villages of Pottangi during 2016-17.

 

Nalco gets India Pride Award.

Pride AwardBhubaneswar, 05.04.2016: under Ministry of Mines, Govt of India, has bagged the prestigious India Pride Award for the year 2015-16 for CSR, Environment Protection & Conservation, instituted by the Dainik Bhaskar Group. On behalf of the company, Dr. Tapan Kumar Chand, CMD, received the Award from Shri Ravi Shankar Prasad, Union Minister for Communications & Information Technology, during the 7th Edition of the India Pride Awards held in New Delhi on Monday. Among others, Shri M. Venkaiah Naidu, Union Minister for Urban Development, Housing and Urban Poverty Alleviation and Parliamentary Affairs and Shri Radha Mohan Singh, Union Minister for Agriculture graced the occasion.

It may be mentioned that the India Pride Awards have been instituted as a tribute to the contributions made and excellence achieved in public services, especially by the Public Sector Undertakings (PSU) in nation building. The awards are being given away to PSUs since 2009 in different fields of excellence.

"Nalco is working in all the thrust areas identified in the Companies Act, 2013. The company's focus is on bringing its robust humane face to the fore, through empathetic welfare and CSR measures," said Dr. Tapan Kumar Chand on receiving the award.

Nalco has recently launched the 'Nalco ki Ladli' Scheme, under the Beti Bachao, Beti Padhao programme of Government of India, which aims at promoting meritorious girl-students from BPL families studying in the periphery schools of company's production units at Angul and Damanjodi in Odisha. The company has also proved to be an active partner in implementing the Swachh Bharat and Swachh Vidyalaya Abhiyan. NALCO has constructed 433 toilets in schools 206 schools of Odisha and Andhra Pradesh. Further, as the first PSU in Mining Sector, Nalco has signed an MoU for skill development with National Skill Development Corporation and National Skill Development Fund. The company has committed 5% of its CSR budget for this capacity building programme. Besides, Nalco in association with Ministry of Skill Development is in the process of setting up a Centre of Excellence for Skill Development in Eastern India.

Also, all the units of Nalco are ISO 14001 Certified for environment management, with zero discharge of effluents. The company has planted more than 78 lakh trees in the periphery of its operating units so far.

 

Nalco to help chronicle contemporary history of Odisha: Dr. Chand, CMD.

Dr ChandBhubaneswar, 04.04.2016: Historians have recorded the ancient history of Odisha but left much to be desired when it comes to modern and contemporary history of the State. In this context, as a responsible corporate citizen, "Nalco is keen to help chronicle contemporary history of Odisha," announced Dr. Tapan Kumar Chand, CMD, Nalco. He was addressing the first history alumni meet of Utkal University on Sunday.

Citing the example of great historians like Prof. Manmoth Nath Das, Prof. Karuna Sagar Behera, Prof. Atul Pradhan and Prof. Himansu Sekhar Patnaik, Dr. Chand pointed out that students of history have an inquisitive faculty, an analytical ability and overall a capability to serve prescription for the future. "It is incumbent upon the students of history to change the image of Odisha," Dr. Chand exhorted.

At the outset, Prof. Amal Mishra, Head of the Department of History, Utkal University delivered the welcome address. Among others, Prof. Basant Mallik, Prof. (Retd.) K.M. Patra and Prof. Ranjan Bal, Chairman, PG Council, Utkal University addressed the gathering, comprising well-placed alumni, present and past faculty members, PG students and research scholars. In their speeches, the noted speakers opined that subjects of humanities, like history, have staged a comeback in the various echelons of corporate world. They cited the example of Dr. Tapan Kumar Chand, who is heading a Navratna CPSE like Nalco today. Dr. Chand was also felicitated on the occasion.

The meeting was followed by formation of Alumni Association, with Prof. (Retd.) K.M. Patra as the President, Prof. Amal Mishra, Working President, Dr. Hemant Mohapatra, Vice President, Prof. Basant Mallik, General Secretary, Dr. Santosh Sethi, Joint Secretary and Dr. Amiya Mohanty, Treasurer. Dr. Tapan Kumar Chand was also unanimously elected as the Advisor of History Alumini Association.

 

Grand Gala Fete by Nalco Mahila Samiti.

GrandGalaBhubaneswar, 04.04.2016: A grand gala fete was organized by Nalco Mahila Samiti on Sunday at Nalconagar, Bhubaneswar. "Through such fun activities, we not only help unwind the present stressed society but also generate funds to alleviate the sufferings of down and underprivileged" said Smt. Preeti Roy, President of Nalco Mahila Samiti.

Chief Guest Dr. Tapan Kumar Chand, CMD, Nalco inaugurated the fete and appreciated the initiatives taken by the Samiti. He was shown around various stalls by Smt. Trupti Dash, Secretary of Mahila Samiti, accompanied by Smt. Manasi Mohanty, Smt. Manasi Samal and others. The fete was a major draw with fun games, music, and sumptuous food all around.

 

NALCO RECORDS THE HIGHEST-EVER BAUXITE & ALUMINA PRODUCTION Announces its 2015-16 Physical Performance Results

Bhubaneswar, 02.04.2016: At a time when 70% aluminium companies world over have reported loss and the aluminium industry is reeling under heavy pressure due to sluggish international market, National Aluminium Company Limited (NALCO), a Govt of India PSU, has remained profitable all through by successfully handling the market downturn by focusing on its bauxite mining and alumina refining arm, besides effecting several cost reduction measures, particularly in metal production.

In the process, the aluminium major has registered an all-time high production of 63,40,142 tonnes of bauxite in 2015-16 fiscal i.e. 10.47% higher, and 19,53,000 tonnes of alumina i.e. 5.51% higher than the corresponding figures of the previous fiscal.

"These are the highest-ever production figures since inception of the company", announced Dr. Tapan Kumar Chand, CMD, NALCO on the occasion of celebrating Utkal Divas (the formation of separate State of Odisha 80 years ago) here on Friday. Dedicating the achievement to the people of Odisha, Dr. Chand said: "Perhaps this is the best possible tribute to the State, where NALCO was born and brought up since 1981."

The Navratna PSU also produced 3,72,183 tonnes of metal registering an increase of 13.79% as compared to the corresponding figure of the previous fiscal, which include the highest-ever production of 1,01,380 tonnes of wire rods.

During the year, the metal sale was higher by 14.21% at 3,72,424 tonnes and power generation was up by 13.84% at 5841 million units, as compared to previous year.

It is also heartening that the mining lease of South Block and Central & North Block at Panchpatmali bauxite mines of the company in Koraput district has been extended up to March 2020 by Odisha Govt, which were operating under deemed extension till now.

 

Nalco Felicitates Sportspersons & Litterateur on the occasion of Utkal Divas

Utkal DivasBhubaneswar, 02.04.2016: To mark the Utkal Divas Celebration, Dr. Tapan Kumar Chand, CMD, Nalco felicitated two promising sportspersons of Odisha viz. Ms Saraswati Rout for weightlifting and Ms Mandakini Majhi for kho-kho, at Bhubaneswar. Each of them received a trophy and a purse of Rs.20,000/-. Nalco's Shri Ameyavikrama Nandan Bhuyan was also felicitated for his literary contributions spanning more than two decades. All Directors and President of Nalco Mahila Samiti were present on the occasion.

 


Aluminium Association of India put forth plans and press for business safeguards before Union Minister



AAI representativesBhubaneswar, 30.03.2016: The newly elected body of Aluminium Association of India (AAI) met Shri Narendra Singh Tomar, Union Minister of Steel and Mines and Shri Balvinder Kumar, Secretary (Mines), Govt. of India, on Tuesday in New Delhi to put forth association's plans and press for business safeguards. In the meeting, they apprised about the extreme sluggish domestic & international aluminium market conditions and requested for Govt. initiatives and interventions to revive aluminium sector in India.

AAI, the apex body of primary aluminium producers, secondary producers, downstream aluminium industries and various aluminium institutions of India, have recently elected their National Council with Dr. Tapan Kumar Chand, Chairman of NALCO as President, Shri Satish Pai, Dy. Managing Director, Hindalco and Shri Abhijit Pati, President of Vedanta as Vice Presidents of the association and others as executive members.

Dr. Chand, President of AAI, informed that due to low energy cost in Middle East and subsidized energy in China along with other benefits extended by the respective Govt., the landed cost of aluminium is proving to be Rs.5000-6000 cheaper per ton as compared to aluminium produced in the country. Therefore, imports are reaching in India from Middle East & China. AAI's Vice presidents Shri Abhijit Pati and Shri Satish Pai pleaded for Govt. measures like Safeguard Duties and Minimum Import Price, in line with Steel Sector.

Dr. Chand also pointed out that there is a need for promoting consumption of aluminium for which Aluminium Development Council (ADC) under Chairmanship of Secretary (Mines) with primary & secondary aluminium producers as members may be formed within Ministry of Mines. He also requested Ministry of Mines to take steps for introduction of National Aluminium Policy (NAP-2016) and Aluminium Vision & Mission Plan 2025. On behalf of the association, he assured Ministry for all supports from aluminium producers.

Besides, Dr. Chand emphasized that promotion of aluminium consumption will give a big boost to 'Make in India' movement as per capita consumption of aluminium in India is only 2.2kg against world average of 9-10kg. He further informed that the International Aluminium Conference (INCAL-2017) shall be held in Bhubaneswar in February, where all world leaders of aluminium industry will be participating.

Allocation Agreement for Coal Blocks handed over to Nalco


coalblockBhubaneswar, 23.03.2016: National Aluminium Company Limited (NALCO), the Navratna CPSE under Ministry of Mines, had been allotted Utkal-D & E coal blocks, near company's Captive Power Plant in Angul district of Odisha. The Allotment Agreement for these blocks having a reserve of more than 200 million tonnes of coal, was signed between the representatives of President of India and NALCO in New Delhi yesterday.


Terming it as a Holi Gift, Dr. Tapan Kumar Chand, CMD, NALCO, thanked Govt of India and congratulated all the employees as well as the stakeholders. "The company's smooth operation and expansion plans hinged on the allocation of these blocks. With this, NALCO's captive resources have been enriched, which will see the company through the next three decades and more," said Dr. Chand.


Shri Vivek Bharadwaj, Nominated Authority, on behalf of Govt of India & Shri D. Manjit, GM (Coal Mines Division), NALCO signed the agreement.Shri N.R. Mohanty, Director (P&T) handed over the documents to Dr. Chand today at Bhubaneswar.


Union Minister of State for Steel & Mines appreciates Nalco


 union-ministerBhubaneswar, 21.03.2016: Shri Vishnu Deo Sai, Union Minister of State for Steel & Mines, visited Nalco Corporate Office this evening. On arrival, Dr. Tapan Kumar Chand, CMD, Nalco extended a warm welcome to Shri Sai. Thereafter, the Minister reviewed the performance of the company in presence of all Directors, Executive Directors and General Managers.


Minister Shri Sai appreciated Nalco's performance in the current sluggish market, as well as company's all-weather business model and the company's unique CSR activities. He advised Nalco management to continue its strategic initiatives to remain ahead of competitions in national and international markets.


Dr. Chand apprised the Minister about the efforts made by Nalco in promoting the consumption and application of aluminium. A copy of the book 'Aluminium : The Strategic Metal', written by Dr. Chand, was presented to him, wherein various ways and means have been dealt for doubling the per capita use of aluminium in India from its present level of 2 kgs, in the next couple of years. The book also extensively deals with green use of aluminium. Shri N.R. Mohanty, Director (Projects & Technical) of Nalco, proposed a vote of thanks.


Raahgiri at Puri


 Nalco Award in memory ofBhubaneswar, 20.03.2016: “Once the road belonged to the pedestrians, marked by safety and connectivity with community around. Today, the road has been usurped by the modern day mad rush, coupled with vehicular pollution. So, Raahgiri celebration has a strong social message, wherein the pedestrians reclaim the road for a couple of hours and use it to express their freedom, with free flow of imagination”, says Dr. Tapan Kumar Chand, CMD, Nalco. He expressed his happiness that as a responsible corporate citizen, the Navratna Nalco was privileged to present Raahgiri today at Puri, in association with District Administration, Puri Municipality, Rotary Club and Puri Police. It was a huge draw with participation of people from all walks of life. Earlier, Nalco had donated 200 sports cycles to Bhubaneswar Municipal Corporation for such on-going celebrations at the state capital.


Dr. Chand was accompanied by Nalco’s ace athlete and Olympian Anuradha Biswal, international cricketers Shiv Sundar Das and Debasis Mohanty. These youth icons cheered the sea of humanity, who had come out on the road for the bonhomie. On the occasion, Shri Arivind Agarwal, IAS, Collector of Puri, felicitated Dr. Chand and appreciated Nalco’s unique CSR initiatives and support to make Raahgiri celebrations a huge success.


 

Nalco Award in memory of
Odissi Adi Guru Pankaj Charan


 Nalco Award in memory ofBhubaneswar, 19.03.2016: Odisha-based Navratna company Nalco is committed towards preserving and promoting the rich culture of Odisha, and in this line, the company, as a responsible corporate citizen, is continuously trying to associate itself with its rich legacy.


“As a tribute to the great Mahari exponent late Adi Guru Pankaj Charan Das, Nalco has decided to institute a State-level Award as his memorial,” said Dr. Tapan Kumar Chand, CMD of the company, while inaugurating the 3-day long 22nd edition of Guru Pankaj Utsav at Bhubaneswar yesterday. The award titled ‘Nalco Adi Guru Pankaj Charan Award’ shall carry a purse of Rs.1 lakh, a gold medallion and a citation, which will be handed over to an institution sincerely striving to propagate Odissi, at the next edition of the Utsav.


On the occasion, noted artistes Guru Keshav Chandra Rout (Binakara), Shri Kalindi Parida (Madeli), Smt. Shantilata Barik (Odissi Vocal) and Smt. Pushpita Mukherjee (Odissi Dance) were felicitated by Dr. Chand for their contributions to the cultural heritage of Odissi and Odisha. It may be mentioned that earlier the company had instituted Nalco Kharavela Awards to felicitate Odissi Guru and Odissi Dancer and has also announced scholarships for BPL students learning this art form.


Among others, Shri B.K. Tripathy, former IPS & President of Guru Pankaj Charan Odissi Research Foundation and Guru Sarat Das, Secretary of the Foundation also addressed the gathering.

 

International Women’s Day Celebrated at Nalco


 International Women’s Day Celebrated at NalcoBhubaneswar, 09.03.2016: o mark the International Women’s Day, a special programme was organized by National Aluminium Company Limited (Nalco) on Tuesday at Bhubaneswar on this year’s theme ‘Pledge for Parity’. Dr. Sakuntala Baliarsingh, eminent Odia writer, who has recently won Kendriya Sahitya Academy Award, graced the occasion as the Chief Speaker. Smt. Preeti Roy, Principal, Kendriya Vidyalaya-2, Cuttack and President, Nalco Mahila Samiti addressed the gathering as Guest of Honour. Smt. Soma Mondal, Director (Commercial) of Nalco threw light on the subject. Among others, Shri N.R. Mohanty, Director (P&T), Shri K.C. Samal, Director (Finance) and Shri P.K. Mohanty, IAS, Chief Vigilance Officer of Nalco were present on the occasion.


At the outset, Smt. R. Vijaya Chakravarty, Asst. General Manager (System) delivered the welcome address. Smt. V. Anuradha of Corporate Communication Department anchored the programme and Smt. Geeta Mohapatra, Sr. Manager (HRD) proposed the vote of thanks. The programme started with a dance-drama titled ‘Main Naari’, conceptualized and choreographed by Smt. Sabita Patnaik, Member of Nalco Mahila Samiti.

 

NALCO Start-up Award Instituted


 NALCO bags EEPC Star Performer AwardBhubaneswar, 26.02.2016: National Aluminium Company Limited (NALCO), the Navratna CPSE headquartered at Bhubaneswar has instituted a State-level Award for the outstanding Start-ups in the IT and IT Enabled Services (ITES). The award shall carry a purse of Rs.1 lakh and a citation, which will be handed over to the awardee during NALCO’s Foundation Day celebration. Dr. Tapan Kumar Chand, CMD, NALCO made this announcement while addressing the second edition of Advantage Odisha, the Business-Technology-Leadership Conference, organized by The Telegraph and INFOCOM. The conference was inaugurated by Shri Naveen Patnaik, Chief Minister of Odisha, here today.


Bhubaneswar is fast emerging as a major IT hub of the country. During last few years, the city has attracted some of the largest IT companies in India. It is one of the choicest destinations to IT majors like TCS, Infosys, Wipro and Tech Mahindra. Odisha has also developed IT specific SEZs to cater to the demand of the IT sector.


“Odisha has emerged as a leading state in the ongoing change process. World Bank Report has identified Odisha as an ‘Aspiring Leader’ in terms of ‘Ease-of-doing- Business’ in India. In this context, there is a great need to further this growth trajectory through concerted efforts from all sectors. In this regard, the role of IT & ITES Sector is very significant,” Dr. Chand said. “Moreover, the entire Odisha is home to more than 450 engineering and management colleges, including diploma & ITI institutes, to source skilled manpower. At the same time, Bhubaneswar has topped the ‘Smart City’ list. This has become an added advantage. In terms of infrastructure also, Odisha is well poised as compared to the national scenario. While the road density in the State is more than the national average, in terms of rail density, it is at par with the national standards. Further, in the Railway Budget 2016, the centre has enhanced the budget allocation to Odisha by 30% than the previous fiscal, which would definitely prove instrumental in the future growth plans of the State, creating a favourable climate for industrialization and entrepreneurship. Apart from being a pollution-free city, Bhubaneswar has also attracted investors and encouraged upcoming entrepreneurs for its sound law and order situation,” Dr. Chand added.


Among others, Shri Pranab Prakash Das, Minister of State (Independent Charge), Department of Electronics & IT, Govt. of Odisha, Shri P.K. Jena, IAS, Principal Secretary, Department of Electronics & IT, Govt. of Odisha, Shri A.K. Jha, CMD, Mahanadi Coalfields Ltd. and Dr. Omkar Rai, Director General, Software Technology Parks of India were present on the occasion.

 

 

NALCO bags EEPC Star Performer Award


 NALCO bags EEPC Star Performer AwardBhubaneswar, 25.02.2016: National Aluminium Company Limited (NALCO), the Navratna PSU, Under Ministry of Mines, Govt. of India and country’s leading manufacturer-exporter of alumina and aluminium, has bagged the EEPC (Engineering Export Promotion Council, Eastern Region)’s Gold Trophy, as top exporter in the Large Enterprise category, for its outstanding export performance during the year 2013-14.


On behalf of the company, Shri N. Pandab, Regional Manager (Eastern Region), received the award from His Excellency Shri Keshari Nath Tripathy, Hon'ble Governor of West Bengal, at EEPC Regional Award Ceremony for Export Excellence 2013-2014, held at Kolkata on 23rd February.


Crediting NALCO as one of the leading foreign exchange earning CPSEs of the country, Dr. Tapan Kumar Chand, CMD of the company, has congratulated NALCO collective for this accolade.


It may be mentioned here that NALCO enjoys Premier Trading House status, and it is the first Indian aluminium company to be registered with London Metal Exchange, for its high quality products.

 

Bhubaneswar fast emerging as educational & medical hub :
Nalco CMD


 Bhubaneswar fast emerging as educational & medical hubBhubaneswar, 24.02.2016: “Bhubaneswar has not only topped the ‘Smart City’ list but also fast emerging as an educational and medical hub in eastern and north-east India,” says Dr. Tapan Kumar Chand, CMD of Navratna Nalco. As part of Nalco’s ongoing Industry-Institution Interaction programme, Dr. Chand, as chief guest addressed various programmes organized by Orissa Engineering College (OEC), SOA University and NM Institute of Engineering & Technology at Bhubaneswar on Wednesday. He graced the Annual Technical Function – Zazen’16 of OEC, ‘Burns Demand Attention’ programme, organized by Institute of Medical Sciences & SUM Hospital, under the aegis of SOA University and the Annual Cultural Event Technofusion 2K16 of NM Institute of Engineering & Technology.


“While Odisha has been bracketed with the best in the ‘ease-of-doing-business’ index, there is a great need to further this growth trajectory through concerted efforts from all sectors. In this regard, the role of educational institutions is very significant,” Dr. Chand said. “The entire Odisha is dotted with more than 450 engineering, medical & management colleges, diploma & ITI institutes, to source skilled manpower,” Dr. Chand added.


Every year, 5000 burn cases are reported in various hospitals of Odisha, including IMS & SUM Hospital, where state-of-the-art facilities are available at affordable charges. This view was shared by Prof. Dr. Rajeev Ahuja, President, International Society for Burn Injuries & HOD, Department of Burns & Plastic Surgery, Maulana Azad Medical College, New Delhi, who was the chief speaker in the programme organized by the hospital. In turn, Nalco has decided to adopt one girl child, a severe burn victim (who was cured successfully at the SOA Burn Centre & Skin Bank), under the company’s CSR scheme ‘Nalco ki Ladli’. Besides, the company, in association with SUM Hospital, State Govt’s Fire Wing and Rotary Club of Templecity, shall conduct programmes to spread awareness for treatment and management of burn victims along with their rehabilitation and resettlement.


In his address at NM Institute of Engineering & Technology, Dr. Chand emphasized that the education system and lifestyle should have their moorings in Indian culture, which is rich in values with numerous lessons of life. “A balanced personality, with perfect blend of Attitude, Skill and Knowledge can lead a person to be successful in every sphere of life,” said Dr. Chand.


It may be mentioned that NALCO, the only Navratna CPSE headquartered at Bhubaneswar, has plans to boost the education potentials of the place and has developed a road map to step up premier educational institutions of Odisha to global standards.


 

NALCO a major player in Odisha Investors' Meet in ongoing Make-in-India Week


Nalco Chief to receive D.Litt. from Utkal University Bhubaneswar, 15.02.2016: Odisha has been assured of investments worth Rs.56,400 crore at the Odisha Investors' Meet in the ongoing Make-in-India Week in Mumbai. This includes aluminium major NALCO's commitment of Rs.20,550 crore for expanding its Alumina Refinery at Damanjodi and setting up an aluminium park at Angul. In this context, Shri Tapan Kumar Chand, CMD of the company said : "Since the entire value chain of Navratna Nalco, starting from bauxite mining to aluminium making is based in Odisha, our major focus is to strengthen the investment climate of the State, thereby boosting Odisha's industrial upsurge." Shri Chand was addressing the representatives of different industries, entrepreneurs, bureaucrats, delegates from India and abroad during the investors' meet yesterday.


"Besides rich in mineral and water resources, Odisha has good road, rail and port connectivity. On the ease-of-doing-business index, the State is bracketed with the best," Shri Chand remarked. "Moreover, the entire state is dotted with engineering & management colleges, Diploma & ITI institutes, to source skilled manpower. At the same time, the recent 'smartest city' tag pinned on State Capital Bhubaneswar by the Centre is an added advantage," Shri Chand pointed out.


Shri Chand further observed that the current slump in international metal market is likely to continue for some time due to structural adjustment factors in different economies across the globe. In this context, Indian industries need to review their cost structure to remain competitive, he advised.


"Given the tough going in the market, NALCO has developed a new Corporate Plan with a new business model that will withstand market onslaughts and keep the company afloat with profitability even in the slump cycle," Shri Chand added.

 

NALCO’s 3rd Quarter Net Profit Rs. 133 crore


Nalco Chief to receive D.Litt. from Utkal University Bhubaneswar, 11.02.2016: National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of Mines, Govt. of India and country’s leading manufacturer and exporter of alumina and aluminium, has declared its financial results for the 3rd quarter ended December 2015


According to the reviewed financial results for the 3rd quarter of the financial year 2015-16 taken on record by the Board in the meeting held at Bhubaneswar today, NALCO has achieved net profit of Rs.133 crore, as against Rs.226 crore in the preceding quarter and Rs. 354 crore in the corresponding quarter of previous fiscal. The net sales turnover in the 3rd Quarter was Rs.1616 crore. Even though the average LME up to Q3 in 2015-16 has come down by 300 US dollars per tonne of metal approximately, i.e. about 17% lower realization, the dip in turnover has been limited at the level of 11% due to company’s focus on production and productivity. Given the slump, it is heartening to note that NALCO has registered profits, in all the three quarters of the present fiscal, despite entire global aluminium industry reeling under severe market slowdown and many companies reporting loss.


The net profit for the 9 months ended December 2015 work out to Rs.523 crore, against the corresponding figure of Rs. 967 crore for the previous fiscal. The net sales for the 9 months of the fiscal is Rs.4866 crore as compared to Rs. 5483 crore in the corresponding period of the last financial year.


NALCO has achieved growth in production in all fronts. During the first nine months of the current fiscal, NALCO achieved production of 45.74 lakh tonnes of bauxite, as compared to 43.04 lakh tonnes achieved during the comparable period of the previous fiscal. The company produced 14.37 lakh tonnes of alumina hydrate, against 14.24 akh tonnes achieved in the corresponding period of the previous financial year. Metal production was 2.76 lakh tonnes, against 2.44 lakh tonnes registered during the comparable nine months of the previous fiscal. The net power generated during the period was 4351 million units, 3858 million units achieved in the corresponding period of the previous year. NALCO is also fast emerging as a green power producer. The company has generated 134 million units of wind power during the first 9 months of this fiscal.

 

Nalco Chief to receive D.Litt. from Utkal University


Nalco Chief to receive D.Litt. from Utkal University Bhubaneswar, 10.02.2016: Shri Tapan Kumar Chand, CMD of Navratna CPSE National Aluminium Company Limited (Nalco), shall receive the prestigious Honoris Causa D.Litt. from Utkal University, in recognition of his “contributions towards nation building”. On behalf of the Syndicate of Utkal University and the Chancellor, this was announced in an official communiqué from the office of VC, on Tuesday. Shri Chand shall receive the honorary degree during the 47th Convocation of the University to be held on 16th February. Incidentally, he is a gold medalist from the same University.


Shri Chand, who has more than 3 decades of rich experience in mining and metal sector, including 8 years at helm of affairs of the companies, has made immense contributions in the areas of productivity, profitability and development of business models, including CSR & SD domain. He had undergone training in Advanced Management Programme in International Centre for Promotion of Enterprises (ICPE), in Western Europe and in Queensland University of Technology, Australia. He represented Indian Steel Industry in Paris Meet of OECD. In the areas of Corporate Governance, he was adjudged as the outstanding performer by SCOPE and Department of Public Enterprises, Govt. of India. Recently, he has been elected to the post of National Chairman of Mines & Minerals Council of ASSOCHAM.


It is noteworthy that within six months of assuming the Office of Nalco’s CMD, Shri Chand has played a stellar role in Nalco’s image makeover and investment plans, besides securing raw materials through acquisition of coal and bauxite mines. He has also taken up globalization of operations of companies like RINL and Nalco, making the presence of such Indian companies strong across the world. Moreover, through Industry-Institution interface initiatives, he is facilitating the institutions to get an international exposure and global foothold.


Following the present recognition, people from all walks of life, including representatives of various institutions and industry bodies like CII, Utkal Chamber of Commerce and ASSOCHAM, have started sending congratulatory notes to Shri Chand. Industry circle feels that such accolade to an eminent industry captain will go a long way in boosting the business environment of the State.

 

NALCO Chief meets Hon'ble PM


pmvisit Bhubaneswar, 08.02.2016: During the recent visit of the Hon'ble Prime Minister to the Temple City of Bhubaneswar, Shri Tapan Kumar Chand, CMD, NALCO extended him warm welcome on behalf of all the industries in Bhubaneswar and NALCO, the Navratna Company, at Raj Bhavan, Bhubaneswar. He also presented a book "Aluminium : The Strategic Metal" authored by him to Hon'ble Prime Minister. The book was earlier released by Central Vigilance Commissioner, Govt. of India, on 6th January, 2016.

The book has been reviewed by Dr. Abraham Koshy, Professor, Indian Institute of Management (IIM), Ahmadabad. He has described it as "One Stop Shop" for key information pertaining to the entire value chain of Aluminium making from Bauxite Mining to rolling, casting and high end product making. The book is primarily meant for frontline engineers, professionals, scholars and intellectuals interested in aluminium sector. Besides, the major objective of the book is to promote strategic use of aluminium and giving a push to green movement. In the wake of smart cities coming up the author pleads for extensive use of Aluminium to make smart cities green cities, use of Aluminium in making wagons to increase haulage capacity by 3 times, extensive use of Aluminium in food, beverage and packaging sector, electrical and electronic sectors, transport, etc, so as to give a decisive push to the per capita consumption of Aluminium which is only 2 KG per head in India as against 8 KG globally. Hon'ble Prime Minister was quite appreciative of the efforts despite time constraints put in by the author to bring out the book. It is pertinent to mention that the Navratna CPSE is one of the leading foreign exchange earners of the country and has recently developed a New Business Model (NBM) for sustainable growth. After taking over as the CMD of the company, Shri Chand has played a stellar role in NALCO's image makeover, investment plans, acquisition of coal and bauxite mines.

 

Start-Up India to make Indian business more
competitive: NALCO CMD



floweshow Bhubaneswar, 07.02.2016: “Indian industries have the potential to become globally competitive, but for this it is essential to have cost reduction and optimal productivity. Now, with focus on more entrepreneurs through Start-Ups, there is a conducive environment for Indian business to become competitive in the global market”, said Shri Tapan Kuman Chand, CMD, NALCO, while addressing the students of Bhavan’s Centre for Communication and Management, on the occasion of its annual day celebration at Bhubaneswar, on Saturday.


Shri Chand also appreciated the B-School’s initiative for setting up a research and incubation centre to promote the new entrepreneurs. He underscored the importance of developing a comprehensive value system that will enable the students to gain right kind of attitude, skills and knowledge to meet the industry requirements. To encourage such all-round achievers, he also announced to institute cash awards for top three students of the institute.


Among others, Major General B.K. Mahapatra, Chairman of Bhavan’s Centre for Communication and Management, Dr. Sujata Mangaraj, Director-cum- Dean and Lt. Col P.K. Sahu, Senior Director (Admn & Finance) of the institute were notably present on the occasion.

 

Nalco Hospital & Mobile Health Units at Angul to be upgraded



RdayBhubaneswar, 05.05.2016 : The present 60-bedded secondary level care hospital of Nalco at Angul shall be renovated and upgraded with required hi-tech machines and recruitment of specialists in various branches. Besides alleviating the patients' hardship, this would substantially improve medical facilities for both OPD and indoor patients. Similarly, the OPD for villagers and three mobile health units of the company, which hold free camps every day in periphery villages, will be strengthened with induction of paediatric and medicine specialists. This was announced by Shri Tapan Kumar Chand, CMD, today at the conclusion of his two-day visit to company's Smelter & Power Complex at Angul.


During his whirlwind visit, Shri Chand addressed thousands of students of Saraswati Vidya Mandirs of Nalconagar and Angul; shared the Corporate Vision and new all-weather business model with the executives; and interacted with the representatives of various Unions and Associations for the inclusive growth of the company and its stakeholders, through productivity, profitability and credibility.


"Despite sluggish market, our metal production shall go up by 15% during 2015-16 and 20 to 25% in the next fiscal," Shri Chand asserted after the reviews at all levels. He gave full credits to the employees for maintaining discipline and tempo on the face of current market onslaughts.


Addressing the students, parents and teachers of Saraswati Vidya Mandirs, Shri Chand emphasized on extra-curricular and co-curricular activities, apart from academics, for the wholesome development of a child. "Academic tests have their limitations, as they lead to more or less pre-determined answers. On the other hand, creativity and passion lead to different perceptions, beautiful expressions and outstanding achievements," said the chief of Navratna Nalco.


TAPERING LINKAGE COAL SUPPLY TO NALCO RESTORED



TAPERINGLINKAGEBhubaneswar, 04.02.2016 : Ministry of Coal, Govt of India, has decided to restore the tapering linkage coal supply from Mahanadi Coalfields to two Units of Nalco's Captive Power Plant (CPP) at Angul. This was announced by Shri Tapan Kumar Chand, CMD, Nalco, on Wednesday at the 12th Annual Function of Nalco Employees' Forum (NEF), Bhubaneswar. "We are thankful to Ministry of Mines, which strongly recommended our case before Ministry of Coal," Shri Chand said.


Elaborating on the good news, which coincided with the recognition of NEF, Shri Chand said that out of 10 Units of Nalco's 1200 MW CPP, till now the company had assured supply of 47.16 lakh tonnes of coal per annum, as per Fuel Supply Agreement (FSA) with Mahanadi Coalfields, for 8 Units only. For Unit 9 & 10, there was tapering linkage supply of 10.93 lakh tonnes of coal per annum, which was linked to Utkal E coal block allotted to Nalco. This linkage supply had stopped since 2011. With the fresh allotment of Utkal D & E coal blocks by the Centre, having a reserve in excess of 200 million tonnes, in the vicinity of CPP, which would take about couple of years for raising coal, the Ministry of Coal has decided to restore the tapering linkage. This shall greatly increase power supply to Nalco's Smelter located adjacent to its CPP, resulting in operation of more pots to smelt aluminium.


Appreciating the proactive role played by Nalco's Workers' Unions, including NEF, Shri Chand described the union leaders as hard-core managers. Nalco collective has been trying to achieve business excellence through productivity, profitability and credibility, he said. "The Union-Management combined power of Nalco has defied the gravitational forces of current sluggish market and the company is flying high," Shri Chand asserted.


Among others, Shri S.C. Padhy, Director (HR), Smt. Preeti Roy, President, Nalco Mahila Samiti and Shri Amiya Patnaik, GM(H&A) also lauded the role of NEF. At the outset, from NEF, Shri P.K. Das, General Secretary, welcomed the guests and Shri M.M. Dhal, President, highlighted the contributions of Unions in general, and NEF in particular, to offset the debilitating forces.

 

Nalco has developed an all-weather
business model : Tapan Kumar Chand, CMD



kv2Bhubaneswar, 03.02.2016 : World Aluminium market is sluggish and is in slump cycle. Global aluminium production has out-passed consumption by 2.6%, making a surplus of roughly 1.4 million tonnes in 2015. Slowdown in consumption in China has resulted in dumping of surplus production of that country in international market, making a steep fall in metal prices. At present, Aluminium prices are moving in a narrow band of around 1500 US $ per tonne much below the cost of production of primary producers. 70% of companies in the world have reported cash loss. Many smelters have been closed and many more are resorting to production cut.


“Given the tough going in the market, Nalco, the leading foreign exchange earner of the country amongst the CPSEs, has developed a new Corporate Plan with a new business model that will withstand market onslaughts and keep the company afloat with profitability,” says Tapan Kumar Chand, CMD of the company. According to the chief of this aluminium major, the New Business Model (NBM) shall insulate Nalco from the vagaries of market. It also strengthens the company’s aluminium business by reducing the cost with increase in volume of production through modernization and brownfield expansion and upstream & downstream integration. Besides this, the model envisages diversification into Green Power, Nuclear Power, IPP, rare metal like titanium, recovery of iron from red mud waste and merchant mining that are immune to downturn in metal market.


“We have already formed a Joint Venture Company with Gujarat Alkalies & Chemicals Limited for a Caustic Soda Plant at Dahej in Gujarat. We are also exploring the opportunity to set up a greenfield aluminium smelter abroad, where energy would be available at a competitive price. The company has started discussions with Iran, Oman, Qatar and Indonesia in this regard,” Chand added.


Talking about Indian scenario, the head of the Navratna CPSE says that in India, though consumption is increasing by 6%, mainly on account of increase in demand in electric and electronics sectors, increase in import has become a matter of serious concern as volume of import has exceeded 1.6 million tonnes in 2014-15 and is continuously on the rise. “Aluminium import constitutes 56% of total domestic consumption of metal, leaving only 44% of the market to domestic producers,” says Chand.

 

Olympian Anuradha Biswal & Cricketer Shiv Sundar Das regale KV-2 students


kv2Bhubaneswar, 31.01.2016: Ace athlete Anuradha Biswal, who represented India in Sydney Olympics and noted cricketer Shiv Sundar Das, who used to open for India in Tests & One-Day Internationals, had pep-talks with the students of Kendriya Vidyalaya No. 2 at Cuttack yesterday. These officers of NALCO graced the Annual Sports Day of the school as guests of honour and shared some inspirational anecdotes of their childhood days. Chief guest Smt. Minakshi Behera, the Mayor of Cuttack Municipal Corporation, hoisted the K.V. flag and lighted the sports flame. Smt. Preeti Roy, Principal of the school, delivered the welcome address and urged the students to do well both in academics and extra-curricular activities, to develop into wholesome personalities.


Besides students, their parents also participated in the sports activities. Yoga, aerobics, songs and dances marked the day-long bonhomie. Shri T.K. Swain, TGT, proposed a vote of thanks.


NALCO bags CAPEXIL's Highest Export Award


Export AwardBhubaneswar, 29.01.2016: National Aluminium Company Limited (NALCO), the Navratna CPSE under Ministry of Mines, Govt. of India, has once again proved its supremacy in export of alumina and aluminium, reinforcing its formidable presence in international market. The company has bagged the Highest Export Award of Chemical & Allied Products Export Promotion Council (CAPEXIL), sponsored by Ministry of Commerce & Industry, Govt of India, for its outstanding export performance in Processed Mineral Category for the year 2012-13. On behalf of the company, Shri R.N. Lenka, Executive Director (Marketing), received the award from Shri Kalraj Mishra, Union Minister of Micro, Small and Medium Enterprises, Govt. of India, in New Delhi on Thursday.


Crediting NALCO as one of the leading foreign exchange earning CPSEs of the country, Shri Tapan Kumar Chand, CMD of the company, has congratulated NALCO collective for the sustained efforts put in since 1988, when the company received the first export award from CAPEXIL. It may be mentioned that during the fiscal 2012-13, NALCO exported 9,44,117 MT alumina and 1,44,161 MT aluminium to more than 20 countries earning a forex of Rs.3410 crore.


Industry looking for persons with better EQ than
IQ, says Tapan Kumar Chand, NALCO CMD


floweshow Bhubaneswar, 28.01.2016: “In the employment index, EQ (emotional quotient) is now rated better than IQ (intelligence quotient). And all forward-looking industries, including Navratna NALCO, are looking out for wholesome personalities among the job-seekers,” says Shri Tapan Kumar Chand, CMD of NALCO.


Shri Chand was addressing as the chief guest at the 57th Commemoration Day celebrations of Prananath Autonomous College at Khordha, today. In Indian industries, 120 million skilled jobs are up for grabs in the next 4 to 5 years, Shri Chand informed. For enhancing the employability, he urged the students to strengthen ASK i.e., Attitude, Skill & Knowledge base.


“Each of these attributes, when mixed with the other, has a tremendous multiplying effect. Similarly, lack of any of these attributes, brings down the employability to a great extent,” Shri Chand said.


Employment generation should be the yardstick to measure the growth and success of any manufacturing company. In the Make in India campaign, MSMEs have a crucial role to play in generating jobs, Shri Chand added.


Among others, Dr. Achyuta Samanta, founder of KIIT University, Shri Jyotirindra Nath Mitra, President of Governing Body, Dr. Pratap Kumar Das, Principal of P.N. College, spoke on the occasion. Shri Vivek Pattanaik, IAS (retd) was the chief speaker and Major Khirod Prasad Mohanty, former VC of North Odisha University was the guest of honour. International sand sculptor Sudarsan Pattnaik was conferred the prestigious Prananath Samman on the occasion.

 

'Nalco Mahila Samiti celebrates Republic Day with a Difference'

RdayBhubaneswar, 27.01.2016 : Members of Nalco Mahila Samiti chose to celebrate the Republic Day in a different way. The members led by Smt. Preeti Roy, President, visited an orphanage, Jeevan Jyoti Ashram, located at Khandagiri. Smt. Roy handed over grocery items like rice, pulses, beaten rice, sugar and biscuits for the inmates to Shri Prafulla Senapati, Secretary, of the Ashram in presence of Smt. Trupti Dash, Secretary, Smt. Smita Mishra, Treasurer and Smt. Namita Sahoo, Joint Secretary. Besides, Smt. Sabita Patnaik, Smt. Susmita Patel, Smt. Sabita Kar, Smt. Kakali Basu, Smt. Sanghamitra Mishra, Smt. Smita Nath & Smt. Nirupma Swain were also notably present. Prizes were also handed over to the children who participated in the patriotic songs competition.

REPUBLIC DAY MESSAGE - 2016


By
TAPAN KUMAR CHAND
Chairman-cum-Managing Director, National Aluminium Company Limited
(A Navratna CPSE, under Ministry of Mines, Govt of India)



floweshow Dear Nalconians & Family Members, People of Odisha, Stakeholders & Well-wishers of Nalco and all Indians living in the country & abroad ! My Hearty Greetings to all of you on the occasion of 67th Republic Day of our country.


Today, on this historic occasion, we have gathered under the Tricolour, with a sense of pride, to pay homage to the architects of our Constitution for their foresight and firm faith in democratic system of governance. It is also a day when we recall with gratitude the sacrifices of our freedom fighters, for giving us a country where we can live with dignity and respect.


26th January 1950 was the day when India became a Sovereign, Socialist, Secular, Democratic Republic, ensuring Justice, Liberty, Equality and Fraternity to all its citizens. When we look back at free India’s long journey as a Nation, we are filled with pride that today India is the largest democracy with rule of law.


Nalco, symbol of pride and self-esteem of people of Odisha :

Nalco is the symbol of self-reliance and technological might of the country in strategic metal making. It is the symbol of self-esteem of the people of Odisha. We are proud and privileged to be a part of the Nalco Family, a compact and committed team of ordinary people with extraordinary attitude, striving continuously towards making this Navratna CPSE the pride of the State and the Nation.

Global & domestic aluminium market:

We are passing through a difficult time. World Aluminium market is sluggish and is in slump cycle. Global aluminium production has out-passed consumption by 2.6%, making a surplus of roughly 1.4 million tonnes in 2015. Slowdown in consumption in China has resulted in dumping of surplus production of that country in international market, making a steep fall in metal prices. At present, Aluminium prices are moving in a narrow band of around 1500 US $ per tonne much below the cost of production of primary producers. 70% of companies in the world have reported cash loss. Many smelters have been closed and many more are resorting to production cut. In India, though consumption is increasing by 6%, mainly on account of increase in demand in electric and electronics sectors, increase in import has become a matter of serious concern as volume of import has exceeded 1.6 million tonnes in 2014-15 and is continuously on the rise. Aluminium import constitutes 56% of total domestic consumption of metal, leaving only 44% of the market to domestic producers.


Nalco, the silver lining in sluggish market :

It is said, ‘Fortune favours the Brave’. Despite such an extreme market downturn, Nalco has been successful in maintaining its production and profitability. By the end of 3rd quarter, cumulative production in Bauxite has gone up to 45.74 lakh tonnes with a growth of 6.27% over the corresponding period of last yesr. By end of 2015-16, the production is likely to be at the level of 63 lakh tonnes, a growth of 10%. Similarly, in production of Alumina Hydrate, there is likely to be a growth of 2.6%, in Aluminium 14% and Net Power 14% by the end of this fiscal. In profitability, Nalco has registered 39% growth in Profit After Tax in Q2 over Q1. But due to continuous downturn in the market, profitability during this financial year has remained depressed as compared to the last year. But Nalco collective is determined to make a difference with other industry peers by remaining afloat with profitability and augmenting production by declaring the last quarter January – March as production months. While productivity and profitability are in focus, we should not lose sight of cost saving measures.


All-weather New Business Model (NBM) :

Given the tough going in the market, Nalco, the leading foreign exchange earner of the country amongst the CPSUs, is developing a new Corporate Plan with a new business model that will withstand market onslaughts and keep the company afloat with profitability. The New Business Model (NBM) strengthens aluminium business by reducing the cost with increase in volume of production through modernization and brownfield expansion and upstream & downstream integration. Besides this, the model envisages diversification into Green Power, Nuclear Power, IPP, rare metal like titanium, recovery of iron from red mud waste, merchant mining, etc. that are immune to downturn in metal market. We have already formed a Joint Venture Company with Gujarat Alkalies & Chemicals Limited for a Caustic Soda Plant at Dahej in Gujarat. We are also exploring the opportunity to set up a greenfield aluminium smelter abroad, where energy would be available at a competitive price. The company has started discussions with Iran, Oman, Qatar and Indonesia in this regard.


Sunny days ahead for aluminium market in India :

Sunny days for aluminium industries is ahead as consumption in the country is slowly picking up in the backdrop of increase in GDP to 7.3 to 7.5 % this fiscal and availability of consumption potential of more than three multiples (average consumption is 2.2 kg in India while global average consumption is 8 kg per capita).Growth in electrical & electronics sectors, construction, transport & automobiles are likely to trigger more consumption.


Nalco to set up Damanjodi Refinery of Rs.6,000 crore :

Nalco is the dream of the people of Odisha and we are committed to realize the dream. As a partner in the progress of the State, Nalco has a plan to invest to the tune of Rs.30,000 crore in next five years, out of which Rs.6,000 crore Refinery Project in Damanjodi is immediately on anvil. Brownfield project of Smelter & Power Plant of Rs.15,000 crore and Utkal D & E Block development around Rs.1,500 crore along with Titanium Slag project and Angul Aluminium Park are in pipeline. The company is planning to send a team to Middle-East countries to study world class aluminium upstream & downstream units in Emirates and Dubal Aluminium Parks for developing the blue print.


Nalco to be partner in promotion of art, architecture & culture of Odisha:

Nalco is a partner not only in the industrial progress of the State but is also a promoter in art, architecture and culture of Odisha. For promoting Odissi Dance and Literature, the company is taking several steps like institution of awards and scholarship for the exponents and students. In the coming days, Nalco will take many more initiatives in the cultural areas for promotion and preservation of rich cultural heritage of Odisha.


In the areas of environment management, apart from complying all statutory provisions, the company has planted 6.8 million trees till date and has taken up avenue plantation along the National Highway from Bhubaneswar to Cuttack. ‘Nalco Green Award’ and ‘Nalco Nilambu Chilika Award’ are some of the catalytic measures for protection of ecological system.


Nalco to do empathetic CSR, Caring and Sharing to be the motto :

In the areas of CSR, the company’s focus is on bringing a caring and sharing human face through empathetic welfare and CSR measures. A unique scheme ‘Nalco-ki-Ladli’ has been launched this year by the company to support BPL girl children in their education. We are also giving importance to provide basic amenities to the communities living in our vicinity. The initiative taken by the company to provide piped water supply to 13 peripheral villages in Angul, setting up a modern eye hospital in Angul at a cost of Rs.15 crore, free OPD facility to the peripheral villagers are some of the examples. Nalco has committed an additional expenditure of Rs.300 crore towards CSR in the tribal belt of Koraput, as well as Angul and other parts of the State, besides 2% of its net profit.


Awards & accolades :

I am also happy to mention here that Nalco has received some prestigious awards and accolades during 2015 for its performances in different fields of operations. To mention a few: Nalco received EEPC (Engineering Export Promotion Council)’s Star Performer Award, for its outstanding export performance during the year 2013-14. Our Bauxite Mines bagged the Pollution Control Excellence Award -2015, instituted by the State Pollution Control Board, Odisha (OSPCB). Our Alumina Refinery received the Kalinga Safety Award – 2014, in the ‘Gold’ category, at the Odisha State Safety Conclave – 2015. We also bagged the Performance Excellence Award, instituted by the Indian Institution of Industrial Engineering (IIIE). Again, our Alumina Refinery bagged the prestigious Business Excellence Star Recognition Award. The Institute of Quality, CII adjudged Nalco the “Leader in Process Industries, for Excellence in Operations Management”. Our Captive Power Plant was awarded for ‘proactive climate change’, during a seminar on ‘Microalgae in developing a Sustainable Society’. Nalco has also been selected for CAPEXIL’s Highest Export Award for the year 2012-13, to be received this month.


Nalco promotes patriotism :

And, while we make efforts to take Nalco to a new height of success, we have given focus on our duty as the citizens of this great Nation. To promote and propagate patriotism across the state and the country, Nalco, in association with more than 100 institutions, organized an all-inclusive Mini Marathon that received huge response from the people making it the biggest Marathon in India. The event has reminded Nalco that people are there with the company. Nalco takes the pledge to rededicate to the State and the Nation. Let the spirit of being an Indian amalgamate with our pride of being a Nalconian.


With these words, on this Republic Day, I convey my heartiest greetings and best wishes to you and your family members once again.
JAI HIND!

 

'India Mini Marathon at Bhubaneswar'

floweshow Bhubaneswar, 24.01.2016 : 'I for India' slogan reverberated all through the 5 km stretch between Janata Maidan and Kalinga Stadium in the temple city of Bhubaneswar this morning. More than 16,000 people, representing all walks of life, participated in the India Mini Marathon to suffuse patriotism. Such marathons were concurrently organized in 54 cities across the country today. While in most of the cities armed forces were saddled with the organizational responsibility, in capital city of Bhubaneswar, Govt. of India entrusted the task to Navratna NALCO.

In turn, the aluminium major roped in more than 100 organizations and institutions for the noble cause. Thanks to wide support from media, hundreds of youngsters came forward voluntarily to accomplish the intent and purpose behind the event.

His Excellency Dr. S.C. Jamir, the Hon'ble Governor of Odisha, flagged off the marathon in the presence of Dr. Prasanna Patasani, MP, Bhubaneswar and Shri Tapan Kumar Chand, CMD of NALCO. The Hon'ble Governor appreciated NALCO's role, and the concerted efforts put in by others, which resulted in such unprecedented response. There was no competition, only a demonstration of love for the nation.

"Bhubaneswar had never witnessed such participation, imbued in patriotic fervor, in a mini marathon, ever before," says Shri Tapan Kumar Chand, NALCO CMD, crediting the success to the team work demonstrated by various public sector undertakings, corporate houses, banks, insurance companies, schools, colleges, universities, hospitals, NGOs, CISF & police personnel, clubs and forums.

The concluding function was graced by Shri Sudam Marandi, Minister for Sports and Youth Services, Govt. of Odisha, Dr. Prasanna Patasani, MP, Bhubaneswar, heads of various corporate houses & institutions. Noted sportspersons and celebrities took part in the run.

NALCO BOOSTS WELFARE MEASURES IN ANGUL Free OPD Facility in Special OPD to Villagers around Nalco’s Smelter & Power Complex


Bhubaneswar, 23.01.2016: National Aluminium Company Limited (Nalco), the Navratna CPSE of the State, has taken additional welfare measures to extend more benefits to its stakeholders in Angul Sector, where the company’s Smelter and Power Plant are located. The company is going to provide free OPD facility to the project-affected people residing in 35 periphery villages in Angul, in its specialized OPD centre. The Smelter and Power Complex will issue photo medical id-cards to the villagers to facilitate this service.


Further, the company has also decided to hike the remunerations to the contractual workers of the plants at Angul. The additional element of Rs.24/- per day and canteen subsidy of Rs.8/- per day per worker will be enhanced to Rs.32/- per day and Rs.12/- per day respectively. It was announced by Shri Narendra Singh Tomar, Union Minister of Steel and Mines on the occasion of Nalco’s Foundation Day Celebrations at Angul on 8th January, in presence of Shri Jual Oram, Union Minister of Tribal Affairs and Shri Dharmendra Pradhan, Union Minister of Petroleum & Natural Gas. Also, it has been decided to raise the lump sum amount granted by Nalco in case of death of a contractual worker due to accident from Rs.2 lakh to Rs.3 lakh.

The company has also decided to provide cash gift of Rs.2,500/- to eligible workmen in Nalco’s contract.

It may be noted that besides the mandatory 2% of its net profit, NALCO is spending an additional Rs.300 crore under its CSR programme.

Nalco scholarships for Students of Classical Odissi


Nalco scholarships for Students of Classical Odissi Bhubaneswar, 23.01.2016 : “NALCO as a responsible corporate citizen is committed towards preserving & promoting the rich culture of Odisha. As the only CPSE having its headquarters at Bhubaneswar, we are continuously and consistently trying to associate ourselves with its rich legacy. In that line NALCO would promote Odissi by instituting scholarships for BPL students who are learning this art form. Moreover, we shall award for literature on Odissi dance, which help in popularizing, patronizing and propagating Odissi”, said Shri Tapan Kumar Chand, CMD of the NALCO, while addressing a cultural programme yesterday, at Rabindra Mandap, Bhubaneswar, organized by leading Dance & Art Institute Rudrakshya Foundation. It may be mentioned that recently the aluminium major handed over Nalco Kharvel Awards to Odissi exponent Padmashree Ileana Citaristi and noted Odissi dancer Saswat Joshi on the Foundation Day of the company.


The blend of Yoga & Odissi dance was the main attraction of the cultural event. Smt Preeti Roy, President, Nalco Mahila Samiti, noted Odissi guru, Shri Bichitrananda Swain and Shri B.B. Mukherjee, Assistant Director, Tourism Department, Govt. of India were notably present on the occasion.

 

India Mini Marathon at Bhubaneswar

MINI MARATHONBhubaneswar,21.01.2016 : On the eve of Republic Day, 5 km Mini Marathons are being concurrently organized at 54 cities across the country on 24th January (Sunday), to suffuse patriotism. In Bhubaneswar, as many as 42 organizations and institutions have joined hands to organize this event, with a tagline 'I for India'. The format eliminates any competition, ensuring free participation.


While in most of the cities, the event is being organized by armed forces, in Bhubaneswar, the Govt of India has assigned the responsibility to Nalco. This all-inclusive event is being organized with the active support from different Public Sector Undertakings, Corporate Houses, Colleges, Universities, Schools, Hospitals, Clubs and Forums, along with thousands of volunteers. The mega event is expected to witness participation of around 10,000 people, including noted sports persons and celebrities. The Mini Marathon in Bhubaneswar will be flagged off by His Excellency Dr. S.C. Jamir, Hon'ble Governor of Odisha from Janata Maidan at 7.30 am this Sunday and will conclude at Kalinga Stadium, via 120 Battalion.


The Commissionerate of Police, the District Administration and Odisha Sports Authority are actively supporting the event to make it a success. Besides, the organizers have decided to clean up the venue and the track soon after the event.

'Flower Show by Nalco'

floweshow Bhubaneswar, 19.01.2016 : National Aluminium Company Limited(NALCO) organized 'Basant Pushpa Pradarshani', its annual Flower & Vegetable Show at Nalco Nagar, Bhubaneswar on 17th and 18th January. As many as 11 institutions and 78 individuals participated in the show in various categories.

On the concluding day function, Shri Tapan Kumar Chand, CMD, NALCO, was the chief guest. Smt. Preeti Roy, President, NALCO Mahila Samiti, was the guest of honour and handed over the prizes to the winners. Among others, Shri N.R. Mohanty, Director (P&T), Shri S.C. Padhy, Director (HR), Smt. Soma Mondal, Director (Commercial) and Shri V. Balasubramanyam, Director (Production), also graced the occasion.

In the Institutional Category, C.V. Raman College of Engineering, Bhubaneswar bagged the Champions trophy while in the Individual category, Shri Amiya Prasad Sahoo, Bhubaneswar was the Champion.

Earlier, Shri N.R. Mohanty, Director (P&T), inaugurated the show in the presence of Shri S.C. Padhy, Director (HR), Shri S.D. Sahu, ED(Finance), Shri Amiya Patnaik, GM(H&A), Shri Sanjay Mishra, GM(H&A), and other senior executives of NALCO.
Shri H.K. Pal, AGM (Hort.) coordinated the programme.

Nalco bags Best Mother Plant Award at MSME Trade Fair

NALCO AWARDED AT MSME Bhubaneswar, 14.01.2016 : Nalco, the Navratna CPSE, has received the Best Mother Plant Award, at the concluding ceremony of Odisha MSME International Trade Fair, organized at Bhubaneswar today. On behalf of the company, Shri Ashok Patra, Executive Director (Materials), received the award from Industry Minister Shri Debi Prasad Mishra and MSME Minister Shri Jogendra Behera. It may be mentioned that Nalco participated in the trade fair held from 8th to 14th January and had put up a stall to display various items that are being procured from MSMEs as also to showcase various activities taken up by the company to promote Small and Medium Scale Industries, in the vicinity of its operations.

CHILIKA MAHOTSAV CONCLUDES

Nalco Nilambu Chilika Awards Instituted

CHILIKA MAHOTSAV CONCLUDES Bhubaneswar, 13.01.2016 : “As a responsible corporate citizen, Nalco cares for the sustainability of Odisha’s rich biodiversity, including Chilika, and committed to promote the State’s art, culture and tourism,” said Shri Tapan Kumar Chand, CMD of the company. He was addressing the concluding ceremony of the three-day long Chilika Mahotsav as Chief Guest, at Satapada, on Wednesday. On the occasion, Shri Chand announced two ‘Nalco Nilambu Chilika Awards’, carrying a purse of Rs.1 lakh each, for NGOs, which will be given away in the next edition of the Mahotsav.

The three-day programme offered the tourists a unique blend of different water sports, handicraft and handloom exhibitions, sea food festival, cultural programme, martial art and sand art demonstrations.

Speaking on the occasion, Shri Chand hailed the efforts of the Tourism Department, Govt of Odisha, Chilika Development Authority and District Administration, Puri for organizing such an excellent festival with a view to promote the cultural heritage, wetland management and maintenance of biodiversity. “Chilika, the largest coastal lagoon in India and the second largest lagoon in the world, represents rich natural biodiversity and is a favourite winter destination for more than 8 lakhs migratory birds of different species. Nalco, in its Corporate Calendar of 2016 showcases this aspect of Odisha, wherein Chilika has got a prominent place,” informed Shri Chand. “If developed properly, Chilika could be a major tourist attraction in the country. Nalco is keen to support any endeavour in this regard,” he added.

While Shri Ashok Chandra Panda, Minister, Tourism & Culture, Govt of Odisha, inaugurated the concluding evening of the Mahotsav, Shri Sanjay Das Burma, Minister of State (IC), Food Supplies & Consumer Welfare, Skill Development & Technical Education, Govt of Odisha and Shri Dibakar Patra, Chairman, District Council were notably present on the occasion.

Nalco CMD all praise for Mayurbhanj Utsav


Nalco CMD all praise for Mayurbhanj Utsav Bhubaneswar : 10/01/2016 : The 3-day mesmerizing Mayurbhanj Utsav, which concluded in the state capital on Sunday, has aptly showcased the quintessential spirit of the district, through song, dance, music and amazing audio-visuals, feels Shri Tapan Kumar Chand, CMD, Nalco, who graced the occasion as Chief Guest on the second evening. Navratna Nalco was one of the sponsors of the festival.


“Mayurbhanj occupies a unique position in the state of Odisha, being endowed with rich mineral base, flora, fauna and is home to the Similipal biosphere. Equally rich is its cultural heritage. Be it the famed Chhau dance, which blends beauty with vigour, or the mellifluous beats of Jhumar, everything is so enchanting,” expressed an enthralled Shri Tapan Kumar Chand. “But more importantly, Mayurbhanj Utsav has brought many little known facts to the fore,” Shri Chand added.


Very few people recall now that the Bhanj Kings of Mayurbhanj established the first medical college of the state in Cuttack and funded many higher educational institutions, including Ravenshaw College. The Mayurbhanj State Railway was started by Maharaja Sriram Chandra Bhanj Deo and the 52 km railway track from Rupsa to Baripada, was opened for traffic way back in 1905. The forgotten airstrip at Amarda in the district was built during the World War II. There are many more such examples and Nalco is happy in supporting the endeavours of Shri Sudam Marandi, Minister of State, Sports & Youth Affairs, who is also the Chairman of the Utsav Committee.

 

STATE-LEVEL FLOWER SHOW
Nalco to promote Bhubaneswar as Green City: Shri Tapan Chand, CMD


STATE-LEVEL FLOWER SHOWBhubaneswar, 10.01.2016: “Apart from planting 6.8 crore saplings around its plants and sites, Nalco has been undertaking various beautification projects throughout Odisha. Since we are headquartered at Bhubaneswar, we would like to promote the capital city as the next floral hub, similar to Bangalore, and tag it as a green city,” said Shri Tapan Kumar Chand, CMD, Nalco, while addressing the 2-day State-level Annual Flower Show, at the Regional Plant Resource Centre (RPRC), which concluded on Sunday. For this, Nalco shall enhance the green cover and encourage horticulture activities. “In fact, recently we have taken up an avenue plantation, at a project cost of Rs. 2.52 crore, between the twin cities of Cuttack and Bhubaneswar, with the help of Odisha Forest Development Corporation. Besides, in our Corporate Office and township, we have already taken up steps to harness unconventional energy sources,” Shri Chand informed.


Attending the prize-giving ceremony of the biggest and the most beautiful flower show of the state as the chief guest, Shri Chand, accompanied by Smt Preeti Roy, President, Nalco Mahila Samiti, visited various sections of the exhibition, like cut-flower, flower arrangement, floral display, plant bazar, mini-garden, mini-forest, nurseries and exhibition stalls, appreciating the efforts of organizer RPRC, operating under the aegis of Forest & Environment Department, Govt of Odisha. Nalco has been associated with the show over the years as sponsor, which started way back in 1988.


“Going by the increasing number of participants and footfalls, the show has become a people’s show. Now it’s time that the show graduates from state-level to a national-level event and Nalco, as a responsible corporate citizen, is ready to extend all supports,” Shri Chand concluded.


RPRC in collaboration with the Plant Lovers Association, Bhubaneswar has been organizing this annual flower show. Shri Susant Nanda, Director of Horticulture, Shri Khirod Pattnaik, President, Plant Lovers Association and other officials of RPRC were notably present on the occasion.

 

Noble Gesture by Nalco Mahila Samiti


Nalco Mahila SamitiBhubaneswar, 10.01.2016 : As good Samaritans, members of Nalco Mahila Samiti, led by Smt. Preeti Roy, President, presented woollen garments and fruits to the special children staying at Open Learning System (OLS), Bhubaneswar, yesterday. Smt. Roy distributed the items in presence of Smt. Susmita Padhy, Advisor, Smt. Trupti Dash, Secretary, Smt. Smita Mishra, Treasurer, and Smt. Namita Sahoo, Joint Secretary. Besides, Smt. Sabita Patnaik, Smt. Pratibha Mishra, Smt. Kakali Basu, Smt. Sanghamitra Mishra & Smt. Nirupma Swain were also present on the occasion.


It may be mentioned that these special children are suffering from cerebral palsy & mental retardation. Earlier on various occasions, the members of the club had also provided various items, including washing machine, for these children.



36TH FOUNDATION DAY
Nalco’s innovative and inclusive CSR initiatives need to be
replicated by others, says Narendra Singh Tomar




36TH FOUNDATION DAYBhubaneswar, 08.01.2016 : Despite the vagaries of international market, Nalco’s consistent performance – both in terms of production, productivity and profitability is commendable, said Shri Narendra Singh Tomar, Union Minister of Steel and Mines, who graced addressing the 36th Foundation Day Celebrations of the company, both at Bhubaneswar and Angul. Nalco has already got Utkal D and E Coal Blocks from Centre, in the vicinity of its thermal power plant at Angul in Odisha, and the aluminium major will get Pottangi bauxite mines near its Refinery at Damanjodi, having a 70 million tonnes of reserve, soon, Shri Tomar informed. With this, Nalco is all poised to be bracketed with the top global players.


Besides, a number of activities and projects have been undertaken by Nalco as part of its corporate social responsibility, which are both innovative and inclusive, Shri Tomar said while launching 'Nalco ki Ladli', a scheme at Angul to promote meritorious girl students from BPL families, under Govt of India’s ‘Beti Bachao, Beti Padhao’ programme. Shri Tomar also laid the foundation-stone of Nalco Modern Eye Hospital on the occasion. Nalco’s CSR initiatives bring out the humane face of the company, which needs to be replicated by other PSUs, Shri Tomar opined.


Shri Jual Oram, Union Minister of Tribal Affairs, Shri Dharmendra Pradhan, Union Minister of Petroleum & Natural Gas, Dr. Udit Raj, MP (North-West Delhi) & National Chairman, All India Confederation of SC/ST Organizations and Shri Tapan Kumar Chand, CMD, NALCO were present during the celebrations at Angul today.


Union Ministers Shri Jual Oram and Shri Dharmendra Pradhan congratulated Nalco’s CMD Shri Tapan Kumar Chand and his team while appreciating the role being played by Nalco management in the overall development process and bringing economic progress in the state. They assured all support to the Navratna PSU from Centre.


 

36TH FOUNDATION DAY CELEBRATIONS

36TH FOUNDATION DAY CELEBRATIONS

 
NALCO AWARDEES
  • Nalco Smiles Award was handed over to Dr. Sruti Mohapatra, Founder of Swabhiman, for her outstanding contributions towards the rehabilitation of differently-abled children and spreading sunshine among them. She received a purse of Rs. 1 lakh.

  • Nalco Kharavela Award for Odissi exponent and Guru par excellencewas received by Padma Shri Dr. Ileana Citaristi, for her significant contributions in promoting Odissi Dance. This award also carried a purse of Rs. 1 lakh. On the other hand,Nalco Kharavela Award for significant achievements in Odissi Dance, both in India and abroad, was handed over to Shri Saswat Ranjan Joshi. He received a cash prize of Rs.50,000/-.

FELICITATIONS TO YOUNG ACHIEVERS

  • Ananya Sritam Nanda (Winner of Indian Idol Junior Title)

  • Rituraj Mohanty (Winner of India’s Raw Star Title)

  • Dutee Chand (Ace Athlete),

  • Saina Salonika (Chess Player)

  • Lalita Prasida Sripada Srisai (Winner of Community Impact Award at Google Science Fair)

  • Jogabyasa Bhoi (Mountaineer)

  • Jamunamani Singh (Asha Worker who was appreciated by PM in Mann ki Baat)

  • Bijay Biswaal (Artist, who was also appreciated by PM in Mann ki Baat)

  • Rajesh Meher & Suraj Meher (Guinness World Record Holders for Largest TV Remote Control)

  • Jitendra Kumar Biswal (Differently-abled Actor of the film The Desire)

  • Sibananda Sethy, (Artist, Winner in the World Food Programme Children’s Design Competition)

  • Lipsa Pradhan (Winner of National Innovation Foundation Award)

  • Srikanta Sahu (Topper in National Skill Contest)

  • Folk artistes : Bishnu Charan Sasmal, Bikram Kumar Sahoo and Gyana Ranjan Mohanty.


FELICITATIONS TO YOUNG ACHIEVERS

  • Susmita Das (Noted Singer)

 

NALCO FOUNDATION DAY LECTURE
“Lack of awareness about vigilance procedures results in corruption & misconduct” : K.V. Chowdary



NALCO FOUNDATION DAY LECTURE Bhubaneswar, 06.01.2016: Shri K.V. Chowdary, Central Vigilance Commissioner, Govt. of India has delivered the 15th Edition of Nalco Foundation Day Lecture Series on ‘Preventive Vigilance : Key to Good Corporate Governance’, here today.


At the outset, Shri Tapan Kumar Chand, CMD, Nalco delivered the welcome address and introduced the topic. In his address Shri Chand reiterated : “As a corporate philosophy, Nalco has focused on value-based management, taking manifold steps to promote transparency, fairness, responsibility and accountability that are cardinal principles of Corporate Governance.”


In his speech, Shri Chowdary stressed on awareness on vigilance measures as a fundamental to prevent corrupt practices. He expressed his concern that most of the people in the country lack awareness about the vigilance procedures, which results in corruption and misconduct. He emphasized that the vigilance system and procedures should be consistent and simplified, as well as the mechanism should be robust, continuously tested. Shri Chowdary also focused on a systematic and continuous feedback system. He opined that the PSUs and corporates, along with the government bodies should give due importance to preventive vigilance as well as predictive vigilance.


On this occasion, a book namely ‘Aluminium : the Strategic Metal’, authored by NALCO’s CMD Shri Tapan Kumar Chand was also released. The book aims at promoting the strategic use of aluminium.


The first-ever Nalco Kalidas Awards were also handed over to Prof. Harekrishna Satapathy, VC, Rashtriya Sanskrit Vidyapeetha, Tirupati and Prof. Gangadhar Panda, VC, Shri Jagannath Sanskrit Vishvavidyalaya, Puri on this occasion for their significant contributions in the field of teaching and propagating Sanskrit. Both the awardees received cash award of Rs.50,000/- each, citations and scrolls of honour from the Chief Speaker Shri Chowdary.


Shri S.C. Padhy, Director(HR) proposed a vote of thanks.

 

NALCO COMMITTED TO ENSURE ODISHA’S IMAGE MAKEOVER
To felicitate 17 young achievers



To felicitate 17 young achievers Bhubaneswar, 05.01.2016: National Aluminium Company Limited (Nalco), the Navratna CPSE, under Ministry of Mines, Govt. of India, is going to felicitate 17 young achievers in different fields during the Foundation Day Celebrations of the company on 7th January in Bhubaneswar. Shri Tapan Kumar Chand, CMD, Nalco, has congratulated these young icons and informed that the aluminium major is committed to promote the image of Odisha through a number of measures, including recognitions and assistance to upcoming icons in different walks of life. Nalco will not only honour these talents, but will continue to promote the recipients.


Nalco shall honour the following persons for their exemplary accomplishments : Ananya Sritam Nanda (Winner of Indian Idol Junior Title), Rituraj Mohanty (Winner of India’s Raw Star Title), Dutee Chand (Ace Athlete), Saina Salonika (Chess Player), Lalita Prasida Sripada Srisai (Winner of Community Impact Award at Google Science Fair), Jogabyasa Bhoi (Mountaineer), Jamunamani Singh (Asha Worker who was appreciated by PM in Mann ki Baat), Bijay Biswaal (Artist, who was also appreciated by PM in Mann ki Baat), Rajesh Meher & Suraj Meher (Guinness World Record Holders for Largest TV Remote Control), Jitendra Kumar Biswal (Differently-abled Actor of the film The Desire), Sibananda Sethy, (Artist, Winner in the World Food Programme Children’s Design Competition), Lipsa Pradhan (Winner of National Innovation Foundation Award), Srikanta Sahu (Topper in National Skill Contest) and folk artistes Bishnu Charan Sasmal, Bikram Kumar Sahoo and Gyana Ranjan Mohanty.


Smt. Susmita Das, noted singer, will be given special recognition for her contributions in rehabilitation of special children through songs and music.


These persons will be felicitated during the 36th Foundation Day Celebrations of Nalco on 7th January in Bhubaneswar, by Shri Narendra Singh Tomar, Union Minister of Steel & Mines, in presence of Shri Jual Oram, Union Minister of Tribal Affairs, Shri Dharmendra Pradhan, Union Minister of Petroleum & Natural Gas, Shri Prafulla Kumar Mallik, Minister of State (IC) of Steel & Mines, Labour & Employees’ State Insurance, Govt. of Odisha, Shri Balvinder Kumar, Secretary, Ministry of Mines, Govt. of India, Members of Parliament Dr. Prasanna Kumar Patasani, Shri Tathagata Satpathy, Shri Nagendra Kumar Pradhan, and Shri Jhina Hikaka.

 

Nalco gives 5 more PCR Vans to Police Commissionerate



Odia Pua Samman for NALCO CMDBhubaneswar, 04.01.2016: Navratna CPSE National Aluminium Company Limited (NALCO) gave 5 more Police Control Room (PCR) vans, in addition to 42 given earlier, to assist the Commisionerate Police of Twin-City (Bhubaneswar-Cuttack) to further strengthen law & order.



The fleet of vans, costing Rs. 63 lakh, was formally flagged off by Shri Tapan Kumar Chand, CMD, NALCO and Dr. R.P. Sharma, Commissioner of Police, at the Police Commissionerate head quarters, here today.


Speaking on this occasion, Nalco's CMD Shri Tapan Kumar Chand appreciated the role of Commissionerate Police in maintaining law & order, which has resulted in creating a conducive climate for industrialization and growth. "Besides public safety, the safe industrial environment is one of the key factors in attracting investments in Odisha," Shri Chand observed. "Nalco, as a partner in the Police-Corporate Partnership programme, shall continue to support the Police of the State," he added.


In his address, Dr. R.P. Sharma, Commissioner of Police, lauded the support of Nalco. "Out of our requirement of 53 PCR vans in Bhubaneswar and Cuttack, 47 have been donated by Nalco," he said.


Nalco Directors Shri N.R. Mohanty, Shri S.C. Padhy, Shri K.C. Samal, Ms. Soma Mondal, and Shri V. Balasubramanyam were present on the occasion.

 

K.V Chowdary, CVC to deliver
Nalco Foundation Day Lecture



Odia Pua Samman for NALCO CMDBhubaneswar, 04.01.2016: Shri K.V. Chowdary, Central Vigilance Commissioner, Govt. of India will deliver the 15th Edition of Nalco Foundation Day Lecture Series on 6th January 2016 at 4.00 PM at Nalco Bhavan, Bhubaneswar. Shri Aditya Prasad Padhi, Chief Secretary, Govt. of Odisha will preside over the meeting. Shri Tapan Kumar Chand, CMD, Nalco shall deliver the welcome address and introduce the topic. Shri Chowdary shall speak on ‘Preventive Vigilance : Key to Good Corporate Governance’. As a corporate philosophy, Nalco has focused on value-based management, taking manifold steps to promote transparency, fairness, responsibility and accountability that are cardinal principles of Corporate Governance. The talk shall be followed by interaction with audience, comprising bureaucrats, technocrats, industrialists, educationists and media persons, besides Nalco employees.


Speaker’s Profile

Shri K.V. Chowdary, an Officer of the 1978 batch of Indian Revenue Service, assumed the office of Central Vigilance Commissioner since 10th June 2015. Born on 10th October 1954, in Machilipatnam village of Andhra Pradesh, Shri Chowdary completed his B.Sc. from Loyola College Chennai and M.Sc. in Mathematics from IIT Chennai. He had worked as a Probationary Officer in Andhra Bank from December 1976 to July 1978.


Shri Chowdary joined the Indian Revenue Service in September 1978. Before joining the Central Vigilance Commission, he was Advisor to the Department of Revenue on Black Money and Chairman of the Central Board of Direct Taxes (CBDT). He served the Income Tax Department in various capacities in Hyderabad, New Delhi, Chennai, Bengaluru, Varanasi, Nagpur and Visakhapatnam. He also served the Ministry of Company Affairs on deputation.


Shri Chowdary investigated several sensitive and complicated cases. Several of his cases are reported in “Let Us Share”, an official compilation of good work of officers of the IT Department.


Shri Chowdary was a Member of Indian delegation for negotiations with OECD in Paris in 2004; a Member of the Committee constituted by the Hon’ble Finance Minister to redraft the Income Tax Act and a Member of the Committee on Business Process Re-engineering for IT Department. He has represented India in the International Conferences of Heads of Criminal Investigation in Turkey (2013) and in Netherlands (2014).

 

Winners of Nalco Awards Announced



Winners of Nalco Awards Announced Bhubaneswar, 03.01.2016: National Aluminium Company Limited (Nalco), the Navratna CPSE, under Ministry of Mines, Govt. of India, has announced the list of awardees for Nalco Smiles Award, Nalco Kharavela Awards and Nalco Kalidas Awards for the year 2016. This is the first time the aluminium major has instituted such awards. Besides cash awards, the winners shall be honoured with citations and scrolls of honour.


Nalco Smiles Award shall be conferred on Dr. Sruti Mohapatra, Founder of Swabhiman, for her outstanding contributions towards the rehabilitation of differently-abled children and spreading sunshine among them. She shall receive a purse of Rs. 1 lakh. Nalco Kharavela Award for Odissi exponent and Guru par excellence shall be received by Padma Shri Dr. Ileana Citaristi, for her significant contributions in promoting Odissi Dance. This award also carries a purse of Rs. 1 lakh. On the other hand, Nalco Kharavela Award for significant achievements in Odissi Dance, both in India and abroad, shall be handed over to Shri Saswat Ranjan Joshi. He will receive a cash prize of Rs.50,000/-.


These three awards will be given away during the 36th Foundation Day Celebrations of Nalco on 7th January in Bhubaneswar, by Shri Narendra Singh Tomar, Union Minister of Steel & Mines, in presence of Shri Jual Oram, Union Minister of Tribal Affairs, Shri Dharmendra Pradhan, Union Minister of Petroleum & Natural Gas and Shri Balvinder Kumar, Secretary, Ministry of Mines, Govt. of India. Members of Parliament Dr. Prasanna Kumar Patasani, Shri Tathagata Satpathy, Shri Nagendra Kumar Pradhan, and Shri Jhina Hikaka shall also grace the occasion.


Besides, two more awards shall be given away on the preceding day. Prof. Harekrishna Satapathy, VC, Rashtriya Sanskrit Vidyapeetha, Tirupati and Prof. Gangadhar Panda, VC, Shri Jagannath Sanskrit Vishvavidyalaya, Puri have been selected for Nalco Kalidas Awards, for their significant contributions in the field of teaching and propagating Sanskrit. The awards carry a sum of Rs.50,000/- for each recipient. Both the awardees shall receive the awards during the 15th Edition of Nalco Foundation Day Lecture Series on 6th January. Shri K.V. Chowdary, Central Vigilance Commissioner, Govt. of India, shall hand over these awards, in presence of Shri Aditya Prasad Padhi, Chief Secretary, Govt. of Odisha.


Shri Tapan Kumar Chand, CMD, Nalco, has congratulated all the winners of Nalco Awards 2016 and has informed that the Navratna Company, as responsible corporate citizen, will take many more steps to promote social service, art & culture.

 

Nalco to Encourage Folk Artistes:
Shri Tapan Kumar Chand, CMD



Nalco inks R & D Agreement with Chalieco of ChinaBhubaneswar, 28/12/2015: To promote art and culture, it is essential to encourage the artistes and patronize the art, said Shri Tapan Kumar Chand, CMD, NALCO, while addressing the 15th Nimapara Mohotsav, which concluded yesterday. Reiterating Nalco’s commitment for promotion of art and culture in the State of Odisha, Shri Chand also announced to felicitate the best folk artistes with cash awards at the company’s upcoming Foundation Day celebration.


Shri Tapan Kumar Chand was felicitated on the occasion by Shri Tathagata Satpathy, Hon’ble MP, Shri Samir Ranjan Das, MLA, Nimpara and Shri Ramesh Chandra Parida, Chairman, NM Group of Institutions.


 

Nalco inks R & D Agreement with Chalieco of China



Nalco inks R & D Agreement with Chalieco of ChinaBhubaneswar, 23.12.2015: An agreement has been signed between Nalco, a Govt of India enterprise and Chaleico of China, for R& D cooperation in the fields of mutual interest. Projects to be taken up by these two companies include : Separation of iron concentrate from Red Mud and Extraction of Gallium from Bayer Liquor.


“Extraction of marketable iron concentrate from Red Mud will be our first R&D project with Chaleico. This will be a major step in extracting value out of Red Mud, which is otherwise treated as an industrial waste,” said Mr Tapan Kumar Chand, CMD, Nalco. “On successful completion of the project, the efforts will be commercialized through a demonstration plant,” Mr Chand added.


The agreement was signed yesterday at Bhubaneswar by Dr. B.K. Satpathy, Executive Director (Business Development), Nalco and Mr Guo Pu, General Manager, Chaleico, in presence of Mr Chand.

 

NALCO to set up modern eye hospital in Angul



Bhubaneswar, 22.12.2015: National Aluminium Company Limited (NALCO), the Navratna CPSE, is setting up a modern eye hospital at Angul, in association with reputed LV Prasad Eye Institute (LVPEI) entailing an initial investment of Rs.15 crore. LVPEI is a World Health Organization (WHO) Collaborating Centre for prevention of Blindness and a Global Resource Centre for VISION 2020. The new hospital shall primarily cater to the economically disadvantaged groups of nearby villages. Land for the hospital has already been identified by the company.


As such, NALCO is every day running three mobile healthcare units and one OPD at Angul, which offer free medicines to the rural people. It may be noted that besides the mandatory 2% of its net profit, NALCO is spending an additional Rs.300 crore under its CSR programme.


Since NALCO’s Smelter and Captive Power Plant are located in Angul, the aluminium major has lined up a series of initiatives in the contiguous areas. NALCO shall be renovating the existing water supply system in 13 villages, through Rural Water Supply & Sanitation (RWS & S) department of the Govt, spending more than Rs.10 crore.


Under Swachh Bharat Abhiyan, NALCO constructed 144 toilets in 72 schools of the district. Besides, the company has established vital road links from IAPL square to Bentapur and Kaniabeda to Kurdol recently.


As regards water, NALCO is creating four water bodies – two at Girang, one each at Kulad and Kandsar. Besides, the company has taken up augmentation of pipe-water supply to Kulad village through RWS & S.

 

Synergy between Technology & Human Capital is essential:
Nalco CMD



Synergy between Technology & Human Capital is essentialBhubaneswar, 19.12.2015: As part of NALCO’s Industry - Institution Interaction programme, Shri Tapan Kumar Chand, CMD, visited C.V. Raman College of Engineering, Bhubaneswar on Saturday and graced the International Conference on Man and Machine Interface (MAMI – 2015). Addressing the students and the faculty on the occasion, Shri Chand underscored the importance of maintaining synergy between implementation of technology and human capital, so that the employability of human resource is not affected due to automation. “Machines help in amplifying the human ability, but it has a nameplate capacity, while the potential of human resources is unlimited & infinite,” Shri Chand said.


Shri Chand, accompanied by Shri Sanjib Kumar Rout, Chairman of the Institution, also went around the various high-tech laboratories in the campus including Processes & Robotics Labs and appreciated the efforts for setting up these laboratories in foreign collaboration.

 

Nalco to light Amar Jyoti in Martyrs’
Memorial of Khordha Paikas



Nalco to light Amar Jyoti in Martyrs’ Bhubaneswar, 19.12.2015: To commemorate 200 years of the historic Paika Rebellion against British Rule, NALCO will extend its support to erect an ‘Amar Jyoti Stambha’ at Khordha, Shri Tapan Kumar Chand, CMD, NALCO, announced this gracing the ongoing 16th Khordha Mahotsav as chief guest. Reminiscing the valiant fight put up by the Paikas against the Britishers in 1917, Shri Chand appreciated the efforts of the organizers and said that constructing a monument like ‘Amar Jyoti Stambha’ would help the present generation to take pride in the glory and bravery of Khordha Paikas and kindle patriotism amongst new generation.


Shri Chand was felicitated on the occasion with ‘Khordha Samman’ by Shri Niranjan Sahu, IAS, Collector, Khordha, in the presence of Shri Dilip Das, Superintendent of Police, Khordha, Dr. Dilip Srichandan and other distinguished guests. Smt Preeti Roy Chand, President of Nalco Ladies Club & Principal of Kendriya Vidyalaya, Cuttack was also present on the occasion.

 

Nalco institutes awards for Eminent Sanskrit Scholars



Nalco institutes awards for Eminent Sanskrit Scholars Bhubaneswar, 18/12/2015: National Aluminium Company Limited (NALCO), the Navratna CPSE, has instituted State-level awards to be given away every year to two eminent scholars for their contributions in the field of Sanskrit. The annual recognition, named Nalco Kalidas Awards, shall carry a purse of Rs.50,000/- each and a citation, to be handed over at Nalco Foundation Day celebration on 7th January. This was announced by Shri Tapan Kumar Chand, CMD, NALCO at a national seminar on ‘India is the symbol of tolerance’, organized by Nirmalya, a socio-cultural association, at Puri today.


Addressing the distinguished guests and delegates from various states, Shri Chand said : “As a Nation, India is an epitome of tolerance. Our history is replete with instances where invaders have been subsequently absorbed in the poly-chromatic culture of the country.” The panel of distinguished speakers included Prof. H.K. Satapathy, VC, Tirupati University and Prof. Gangadhar Panda, VC, Shri Jagannath Sanskrit Vishvavidyalaya, Odisha.


Shri Chand was felicitated by various organizations on the occasion. At the outset, Shri Badri Mishra, President, Nirmalya introduced the guests, while Shri Biswanath Mishra, Secretary, introduced the topic and anchored the programme.

 

NALCO AWARDED FOR
PROACTIVE CLIMATE CHANGE ACTION



 NALCO AWARDED FORBhubaneswar, 17.12.2015: The Thermal Captive Power Plant of National Aluminium Company Limited (Nalco), located at Angul, Odisha, has been awarded for ‘proactive climate change’. It may be mentioned that Nalco, as the first company in the country, is implementing a pilot-cum-demonstration project on Carbon Sequestration in its Captive Power Plant, which will reduce carbon emission by harnessing special strains of algae.


The award was given away at a seminar on ‘Microalgae in developing a Sustainable Society’, organized jointly by State Pollution Control Board, Odisha, Indocan Technology Solutions, The Institute of Engineers (India) and Institute for Applied Environmental Biotechnology Innovation, at the State capital today.


Gracing the occasion as Chief Guest, Mr Tapan Kumar Chand, CMD, Nalco assured the researchers, academicians and professionals present on the occasion that “Considering the exhilarating results that Nalco has achieved, we shall scale up the pilot project to a commercial plant soon.”


On behalf of Nalco, Mr V. Balasubramanyam, Director (Production) and Mr S.K. Naik, AGM (SH & E), received the prestigious award. Besides industry, in the individual category, Mr Siddhanta Das, IFS, Addl. PCCF (Nodal) was also awarded on the occasion.


Among others, Mr Rajiv Kumar, IFS, Member Secretary, State Pollution Control Board, Odisha; Dr. T. Venugopalan, Advisor, Tata Steel and Prof. Ranjan Pradhan of Indocan Technology Solutions, addressed the inaugural session.


It may be mentioned that Odisha intends to take up algal cultivation for carbon sequestration as one of the climate change action plans of the State. The contribution of biological measures for climate change is also one of the inclusions in India’s agenda at United Nations Paris Convention.

 

MSME – Growth Engine for Employment & NALCO for Growth in Togetherness with MSMEs



 MSME – Growth Engine for EmploymentBhubaneswar, 17.12.2015: MSME-Expo Odisha 2015, along with a 3-day National Level Vendor Development Programme, was inaugurated by Shri Tapan Kumar Chand, CMD, Nalco, at Killa Maidan, Cuttack, yesterday, in which about 140 MSMEs, Mother Industries and Financial Institutions are participating.


While addressing the representatives of various industries, banks, small enterprises, start-ups, as well as officials of MSME Departments of the State and Centre, Shri Chand informed that Nalco is sourcing Rs.400 crore worth of purchases from MSMEs and in coming days, the aluminium major would step it up by providing 15% purchase preference. He appreciated the role of MSMEs in creating employment and told MSMEs to be cost and quality conscious. “Besides, there is dire need for infrastructure development and consistent energy supply for MSMEs, and Nalco will take the issues up with Government and policy-makers,” Shri Chand assured.


Among others, Shri P.K. Gupta, Director, MSME Development Institute, Shri Abani Kanungo, President, Odisha Industries Association, Shri N. Palai, IAS Director of Industries and Shri R.K. Das, IRS, Chief Materials Manager, East Coast Railways, also addressed the gathering.


 

Vani Vihar Alumni Meet



vani vihar, 
seeks nominationsBhubaneswar, 14.12.2015: The Alumni Association of Utkal University, Vani Vihar, had their annual get-together on Sunday in which alumni of 1980 participated in large number. Present CMD of NALCO Shri Tapan Kumar Chand, who was former President of the University Students’ Union, lauded the Association’s publication ‘Sahitya Samparka’, which promotes Odia literature, besides establishing excellent network amongst Odishan Diaspora. Shri Chand further said that Nalco would include Utkal University in its Industry-Institution Interaction Scheme (IIIS).


Among others, Shri Bibhuti Pradhan, IPS, Addl. DG, Jharkhand; Shri Gopabandhu Mallick, IPS, Retd. Addl. DG, Cuttack; Shri Sarat Kumar Dash and Shri Artabandhu Patra, both Commissioners, Income Tax, Bhubaneswar; Shri Kishor Jena, General Secretary, INTUC Odisha Branch and Shri Swaraj Mishra, Secretary, Ama Odisha were present on the occasion.


The Association shall be registered soon under Societies Act.


 

We shall continue to support Nalco Tennis Tournament
till 2025”, says Tapan Kumar Chand, CMD



Nalco institutes State-level Awards, 
seeks nominationsBhubaneswar, 14.12.2015: The 17th Edition of All Odisha Nalco Open Tennis Tournament concluded at Kalinga Stadium, here on Sunday. Gracing the prize distribution ceremony as chief guest, Shri Tapan Kumar Chand, CMD, NALCO, declared that the Navratna company shall continue to sponsor the tournament till 2025. “Besides being a sports, tennis has gradually become a profession as well. We have encouraged the tennis talents of Odisha for the past 17 years. We shall continue to support till professional players emerge at national and international circuits from the state,” Shri Chand added.


It may be mentioned here that Nalco has committed to the Govt of Odisha to spend an additional Rs.300 crore towards CSR, besides the 2% of its net profit. Sports is one of the important CSR initiatives of this aluminium major.


Among others, Shri Saswat Mishra, Scretary, Sports & Youth Services, Govt of Odisha, Shri V. Balasubramanyam, Director (Production), NALCO and Shri Suresh Mahapatra, President, Bhubaneswar District Tennis Association were notably present on the occasion.


 

Nalco institutes State-level Awards,
seeks nominations



Nalco institutes State-level Awards, 
seeks nominationsBhubaneswar, 14/12/2015: Navratna Nalco has instituted ‘NALCO Smiles Award’ for the NGOs and Institutions, working for the rehabilitation and resettlement of differently-abled children/persons. The award carries a cash prize of Rs.1 lakh. Similarly, to recognize, appreciate and encourage individuals for their significant contributions to Odissi Dance, the company has instituted ‘NALCO Kharavela Awards’ to felicitate an Odissi Guru and an Odissi Dancer every year. The award for Odissi Guru carries a cash prize of Rs.1 lakh, while for Odissi Dancer, the winner will receive a cash prize of Rs. 50,000/ - . The company shall hand over the awards to the winners in the upcoming NALCO’s Foundation Day function on 7th January, at Bhubaneswar. The aluminium major is presently seeking nominations for these awards, for which the last date of submission is December 28. The other details regarding the awards are available in the company’s website www.nalcoindia.com.


 

All Odisha Nalco Open Tennis Tournament Inaugurated



Odisha Nalco Open Tennis Tournament InauguratedBhubaneswar, 11.12.2015: The 17th Edition of All Odisha Nalco Open Tennis Tournament was inaugurated by Shri Saswat Mishra, Secretary, Sports & Youth Services, Govt of Odisha, in the presence of Nalco Directors Shri S.C. Padhy and Ms. Soma Mondal today. More than 300 players, from various parts of the State, are participating in this 3-day tournament at Kalinga Stadium.


In his welcome address, Shri Suresh Mahapatra, President, Bhubaneswar District Tennis Association, appreciated Navratna Nalco for sponsoring the tournament for the past 17 years and hoped the encouragement to continue in coming years as well. In turn, Shri S.C. Padhy, Director (HR), Nalco, reiterated Nalco’s commitment for the next three editions and assured the organizers that considering the efforts put in and goodwill generated over the years, Nalco shall be happy to take the tournament beyond two decades of sponsorship.


 

Foundation-stone laid for
Rs.1800-cr Caustic Soda Plant



Odia Pua Samman for NALCO CMDBhubaneswar, 08.12.2015: National Aluminium Company Limited (NALCO), the Navratna PSU, under the Ministry of Mines, Govt. of India and Gujarat Alkalies and Chemicals Limited (GACL), a Govt. of Gujarat promoted company, have launched a joint venture to set up a Rs 1800-cr Caustic Soda Plant. Shri Tapan Kumar Chand, CMD, NALCO, laid the foundation-stone of the proposed plant, after Bhumi Puja at Dahej in Gujarat today.


The new JV company, GACL-NALCO Alkalies & Chemicals Private Limited, in which NALCO holds 40% share capital, while GACL holds the rest, plans to produce 2.7 lakh tonnes of Caustic Soda per annum. The land transfer and ordering of plant equipment are in the final stages. The office of the new company was also inaugurated today in Baroda.


“As a backward integration plan of NALCO, the project is expected to be a highly profitable venture for us. NALCO shall purchase at least 50,000 tonnes of Caustic Soda per year to start with, at market price,” Shri Chand informed. It may be mentioned here that the availability of Caustic Soda in India is very low and the major part of the domestic requirement is met at a high cost. The venture will bring in import substitution of Caustic Soda in domestic market.


Among other dignitaries present on the occasion include Shri A.M. Tiwari, IAS, Additional Chief Secretary and MD, GACL, Shri N.R. Mohanty, Director(P&T), NALCO, Shri P.K. Mohanty, IAS, CVO, NALCO and senior officials of both the companies and Govt of Gujarat.


It may be mentioned that NALCO is also in the process of setting up a 0.5 million tonnes per annum Alumina Refinery in Kutch district of Gujarat in joint venture with Gujarat Mineral Development Corporation (GMDC), a Govt of Gujarat Undertaking. The Detailed Project Report (DPR) for the project has been prepared.


 

NALCO bags Odisha Inc Best Brand Award



Odia Pua Samman for NALCO CMDBhubaneswar, 03.12.2015: National Aluminium Company Limited (NALCO) has bagged the Odisha Inc Best Brand Award, instituted by Odisha Diary, the leading web portal of the State.


On behalf of the company, Shri Amiya Patnaik, General Manager (H&A), received the award from Shri Sudam Marandi, Minister, Sports and Youth Affairs, Govt of Odisha, in presence of Shri Debi Prasad Mishra, Minister, Industry & Mass Education, Govt of Odisha, noted litterateur Dr. Pratibha Ray and others, during the Living Legend Awards Ceremony held here yesterday.


 

‘Growth in Togetherness’ is the ‘mantra’ to
Success, says NALCO CMD



Odia Pua Samman for NALCO CMDBhubaneswar, 02.12.2015: “Being successful is not a standalone status. As an industry leader, if we want to chart a course of success, we have to take the ancillary industries along with us,” says Mr T.K. Chand, CMD, NALCO. “We are already procuring goods and services worth Rs 400 crore from MSMEs every year. Now, we are coming up with a focused policy to procure more from Odisha-based MSMEs,” Mr Chand informed. He was speaking on the sidelines of the valedictory ceremony of CII’s Enterprise Odisha at IDCO Exhibition Ground here yesterday.


Citing the example of US-economy, Mr Chand further said that in the USA, the main yardstick of evaluating economy is employment generation. We can generate more employment back home primarily by striking a synergy with both upstream and downstream industries.


In the wake of Odisha Govt’s new Industrial Policy and CII’s role to attract more investors to the State, Mr Chand said that investment is a business response to the available business environment. One of the prime reasons of China’s success is the availability of infrastructure in place before setting up an industry. Drawing the attention towards the dire need of doubling the railway tracks, as well as electrification, in the South-West region of Odisha, Mr Chand said that its implementation would spur the investment in the State to a great extent.


 

Odia Pua Samman for NALCO CMD


Odia Pua Samman for NALCO CMDBhubaneswar, 26.11.2015: The prestigious Odia Pua Samman has been conferred on Shri T.K. Chand, CMD, NALCO, for his significant contributions in the field of Industry, by Shri Dharmendra Pradhan, Union Minister for Petroleum and Natural Gas, in presence of Shri A.K. Rath, Ex-Secy, Govt of India & Director, MTI, in New Delhi yesterday. Shri Chand received the accolade on the occasion of 13th Boita Bandan Utshav and Samanway, a cultural exchange programme between Odisha & Gujarat. The event was organized by Odia Pua, a Delhi-based media organsiation.


 

Nalco to set up State-of-the-art Park in Puri


Nalco to set up State-of-the-art Park in PuriBhubaneswar, 24.11.2015 : Navratna Nalco had set up Gandhi Smruti Pitha by the beach of Puri, in 2002, at a cost of Rs. 50 lakh and subsequently handed it over to Puri-Konark Development Authority. In a meeting today with local MLA Shri Maheswar Mohanty and Collector Shri Arvind Agarwal, Shri T.K. Chand, CMD, NALCO agreed to upgrade the existing park to state-of-the-art park with landscaping, mass plantation, musical fountains and lighting.


“A consultant shall be appointed in a month’s time in this regard, and the work shall be finished in one year,” Shri Chand informed.


NALCO shall be taking cues from Brindavan Garden of Mysore, Ramoji Film City of Hyderabad and GVK Industry, which is involved in setting up new airports in India.


A committee has been constituted for the execution of the project, which will be represented by Shri S.C. Padhy, Director (HR) and Shri Amiya Patnaik, GM(H&A) from NALCO.

 

Kalinga Khordha Samman for
Shri T.K. Chand, CMD, NALCO


Press Release-Kalinga Khordha Samman for Shri T.K. Chand, CMD, NALCOBhubaneswar, 23.11.2015 : His Excellency Shri S.C. Jamir, Hon’ble Governor of Odisha, conferred Kalinga Khordha Samman on Shri T.K. Chand, CMD of Navratna NALCO, for his immense contributions to the industry, at the concluding function of week-long Khordha Zilla Lok Utsav yesterday. Shri Chand has played a stellar role in NALCO’s image make over, investment plans, acquisition of coal and bauxite mines.


Among the distinguished dignitaries, Shri Debi Prasad Mishra, Minister, Industry, School & Mass Education, Govt. of Odisha, Dr. Prasanna Kumar Pattasani, MP (Lok Sabha), Bhubaneswar, Shri Rajendra Sahoo, MLA, Khordha, Shri Niranjan Sahu, IAS, Collector, Khordha, were present on the occasion.

 

NALCO to showcase Indian Performing Arts in Iran,
says T.K. Chand, CMD


NALCO’s Refinery bagsBhubaneswar, 21.11.2015 : “Cultural bonding will precede our business in Iran. We would like to play the Cultural Ambassador by showcasing Odissi and other Indian performing arts in Tehran first,” says Mr T.K. Chand, CMD of Navratna NALCO. “Cultural exchanges are a precursor of goodwill and mutual understanding, paving the way for any industrial joint venture,” Mr Chand added. He was addressing the 19th Gunjan Dance & Music Festival, which concluded in Cuttack, yesterday.


The aluminium major NALCO shall also institute King Kharvel Awards to felicitate an Odissi Guru and an Odissi dancer every year by presenting Rs 1 lakh and Rs 50,000 in cash respectively, along with gold medals and citations, on the Foundation Day of the company, starting from 7th January 2016, Mr Chand informed the august gathering, comprising artistes from India and abroad, as well as connoisseurs of various dance forms.


The dance recital by noted artistes Meera Das and Datuk Ramli Ibrahim was the highpoint of the 3-day festival, which enthralled the capacity crowd at the local Sahid Bhavan. Prior to that, renowned painter Dr. Dinanath Pathy was felicitated by Mr Chand.


 

NALCO inks MoU for Skill Development,
First in Mining Sector


NALCO’s Refinery bagsBhubaneswar, 20.11.2015: National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of Mines, Govt of India, has entered into an MoU for skill development with National Skill Development Corporation (NSDC) and National Skill Development Fund (NSDF), in presence of Mr. Rohit Nandan, Secretary, Ministry of Skill Development & Entrepreneurship (MSDE) and Mr T.K. Chand, CMD, NALCO, in New Delhi yesterday. Speaking on the occasion, Mr Chand said that the MoU assumes great importance because it is the first such agreement in the mining sector of the country. “With this, we have committed 5% of our CSR budget for this capacity building programme and MSDE has evinced interest in developing a Centre of Excellence in NALCO,” he added.


On behalf of NALCO, Mr A.S. Ahluwalia, ED (Corporate Affairs) signed the MoU, while NSDC and NSDF were represented by respective CEOs Mr Jayant Krishna and Mr Pawan Agarwal. Other dignitaries present on the occasion include Mr Rajesh Agarwal, Joint Secretary, MSDE, Mr Shersha, Director, Ministry of Mines and Dr. Sunita Chibba, Senior Advisor, MSDE.


It may be noted that Prime Minister had launched Skill India Mission during July this year, which envisages scaling up skill training efforts to meet the rising national demand and enhance employability of youths of the country. It is estimated that only 2.3% of the workforce in India has undergone formal skill training as compared to 52% in USA, 68% in UK, 75% in Germany, 80% in Japan and 96% in South Korea.


 

NALCO’s Refinery bags
Business Excellence Star Award



NALCO’s Refinery bags 
Business Excellence Star AwardBhubaneswar, 16.11.2015:  The Alumina Refinery of National Aluminium Company Limited (NALCO) has bagged the prestigious Business Excellence Star Recognition Award. Institute of Quality, CII has adjudged NALCO as the “Leader in Process Industries, for Excellence in Operations Management”. Appreciating the concerted efforts of the team of Alumina Refinery, Shri T.K. Chand, CMD of the company, conveyed hearty congratulations to NALCO Collective for the accolade. On behalf of the company, Shri V. Balasubramanyam, Director (Production) and Shri R.K. Mishra, ED (Mines & Refinery) received the award recently during the National Quality Summit in Bangalore.


It may be noted here that NALCO’s energy efficient Alumina Refinery, situated at Damanjodi in Koraput district of Odisha, is one among the lowest cost producers in the world. The aluminium major has also launched Business Excellence (BE) initiatives, aligned with European Foundation of Quality Management (EFQM) Model at its refinery.


 

NALCO CMD calls for Global Benchmarking for B-Schools of Odisha


NALCO CMD calls for Global Benchmarking for B-Schools of OdishaBhubaneswar, 14.11.2015: Institute of Management & Information Science (IMIS), a premier B-School located at Bhubaneswar has conducted a national B-School Meet today. Shri Sanjay Kumar Das Burma, Hon’ble Minister of State (Independent Charge), Food Supplies & Consumer Welfare, Employment and Technical Education & Training, Govt of Odisha graced the occasion as the chief guest and Shri Tapan Kumar Chand, CMD, NALCO was the chief speaker. In his keynote address to the students of B-Schools coming from different institutions of the country, Shri Chand estimated that the current economic downturn is likely to bottom out by 2017-18 and business boom cycle will commence thereafter. Industries and institutions should plan and prepare to take advantage of the upcoming industrial upsurge.


CMD, NALCO also informed that NALCO has already developed blueprint for expansion of its business with Rs.30,000 crore investment in the state of Odisha, where its entire value-chain, from bauxite-mining to aluminium-making, is located. He has called upon business schools to increase interaction with industries and step up their standards to meet global level. “What we want from B-Schools of Odisha is to offer world-class business education and world-class managers,” Shri Chand added.


On this occasion, IMIS Management and Hon’ble Minister Shri Sanjay Kumar Das Burma felicitated Shri Chand for taking initiatives towards the development of industries in the state and for business education.


Among others, Shri H.K. Patnaik, Director General, Shri K.K. Beuria, Advisor and Dr. Usha Kamilla, Director of IMIS, were also present.


 

NALCO to power academia of Odisha,
says Mr T.K. Chand, CMD


Bhubaneswar, 13.11.2015:   Replete with excellent academic institutions, Odisha and its capital Bhubaneswar is fast emerging as an educational & knowledge-hub. Located at the vertex of golden triangle, Bhubaneswar with its pollution free climate & rich cultural heritage is attracting reputed educational institutions to set up their establishments.


Odisha based Navratna Company NALCO, with its head office at Bhubaneswar is having a grand plan to boast the education potential of place and is developing a blue print to step up premier educational institutions of Odisha to global standard.


Under this plan, top management of NALCO will be interacting with selected premier institutions, to begin with in Bhubaneswar, and identify areas of mutual co-operation and collaboration.


“In fact, we already had elaborate discussions with Prof. R.V. Rajkumar, Director and Prof. P.K.J. Mohapatra of IIT, Bhubaneswar, on contemporary topics of mutual interest. IIT is keen to sign an MoU with NALCO to boost exchange programmes, and focus on research activities, set up incubation centres and knowledge parks, thereby increasing the employability of youngsters and improving the visibility of Odisha in national and international arena,” Mr T.K. Chand, CMD of the company informed.


CMD, NALCO Shri T.K. Chand will be visiting institutes including IIT, Bhubaneswar, XIMB, KISS & KIIT and IMIS Campus to interact with students and faculties on ways and means on co-operation and collaboration. “NALCO has also planned to invite identified institutions to be members of various study teams, making business visits to world-class mines and industries,” Mr Chand added.

 

NALCO Chief visits KIIT, KISS and KIMS

NALCO Chief visits KIIT, KISS and KIMS


Under Industry - Institution Interaction programme launched by NALCO, Mr T.K. Chand, CMD, NALCO, has made his maiden visit to KISS campus on invitation from its founder Mr Achyuta Samanta. Impressed by the scale of educational activities taken up by KISS and its focus on educating students from tribal villages of Odisha and other places, Mr Chand said that KISS will certainly beat Chinese Educational Institutions in its scale of operation. While addressing the students, Mr Chand advised the students to develop positive attitude and work hard for success in life. He gave the example of India’s Test Captain Mahendra Singh Dhoni, how from a family of a humble employee of Central Coal, he rose to the position of Test Captain of India.


“Life objective power the action. Hence it is important to put right objective to get right kind of energy for success”. Mr Chand, accompanied by wife Ms. Preeti Roy Chand, who is working as Principal of Kendriya Vidyalaya wished the students on behalf of NALCO employees and their family members. Founder of KIIT, Mr Achyuta Samanta felicitated Mr T.K. Chand and Ms. Preeti Roy Chand in their maiden visit. Mr Samanta described Mr Chand as a dedicated, dynamic and hard working top professional who has enhanced the visibility of Navratna Company NALCO and has been successful in ensuring its mineral security. Mr Samanta was all praise for NALCO’s CSR activities and its huge investment plan in Odisha.

 

NALCO’s 2nd Quarter Net Profit Rs. 226 crore

NALCO’s 2nd Quarter Net Profit Rs. 226 croreBhubaneswar, 12.11.2015: National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of Mines, Govt. of India and country’s leading manufacturer and exporter of alumina and aluminium, has declared its financial results for the 2nd quarter ended September 2015.


According to the reviewed financial results for the 2nd quarter of the financial year 2015-16 taken on record by the Board in the meeting held at Bhubaneswar today, NALCO has achieved net profit of Rs.226.14 crore, as against Rs.163.44 crore in the preceding quarter and Rs.341.52 crore in the corresponding quarter of previous fiscal. The net sales turnover in the 2nd Quarter was Rs.1780.40 crore. Though there is a slump, it is heartening to note that NALCO has registered profits, in both the quarters of the present fiscal, despite entire global aluminium industry reeling under severe market slowdown and many companies reporting loss.


The net profit and net sales turnover for the half year ended September 2015 works out to at Rs.389.58 crore and Rs.3250.50 crore, respectively, as against the corresponding figures of Rs. 612.51 crore and Rs. 3606.63 crore achieved during the first six months of the previous fiscal.


On the production front, during the first half of the current fiscal, NALCO achieved a production of 28.39 lakh tonnes of bauxite, 9.21 lakh tonnes of alumina hydrate, while metal production was at 1.80 lakh tonnes. The net power generated during the period was 2843 million units. Besides, the company has generated 114 million units of wind power in this period.

 

Nalco Supports 'Youth Against Tobacco' Campaign

Nalco Supports 'Youth Against Tobacco' CampaignBhubaneswar: 02/11/2015:  “In India, cancer is more rampant in North-East region due to tobacco addiction. And in Odisha, the incidences of oral cancer are very high in Puri because of easy access to ‘zarda-paan’, due to betel-cultivation in the district,” says Shri T.K. Chand, CMD, Nalco. “As such, consumption of betel leaves is good for health, but when tobacco is added to it and kept in the mouth overnight, it leads to cancer,” Shri Chand clarified. Tobacco chewing has emerged as a major concern, leading to the death of nearly 6 million people worldwide every year. As per the recent survey, in India, around 1 million lives are lost every year due to this addiction.


Shri Chand expressed this while attending the inaugural ceremony of ‘Youth against Tobacco’ at Singh Dwar in Puri yesterday. This campaign has been initiated by the voluntary organization Mission Odisha, with the active support of National Aluminium Company Limited (Nalco). Around 300 school children and volunteers participated in the inaugural ceremony of the campaign. As part of the campaign, 4 persons viz. Madhu Sudan Mishra, Rashmi Ranjan Dash, Kedarnath Mohapatra and Chandi Prasad Pattanaik, have started their journey on motorcycles, which will cover 8 states in North-Eastern region of India to spread awareness among the youths about the health hazards of tobacco-chewing.


The motorcycle rally was flagged off by Shri Atanu Sabyasachi Nayak, Minister, Health & Family Welfare and I&PR, Govt of Odisha, Shri T.K. Chand, CMD, Nalco, Shri Arvind Agarwal, Collector and Shri Asish Singh, SP of Puri.


On the occasion, an anti-tobacco Sand Animation film by Shri Manas Sahoo was released.


Shri Badri Mishra of Mission Odisha, lauded the support provided by Nalco in this campaign and expressed his gratitude towards its CMD Shri Chand. Shri Chand was conferred with Utkal Ratna Award by Mission Odisha on the occasion.

 

Nalco to Maintain Gandhi Park at Puri Beach

Nalco to Maintain Gandhi Park at Puri BeachBhubaneswar: 02/11/2015:  Navratna Nalco had set up Gandhi Smruti Pitha by the beach of Puri, in 2002, at a cost of Rs. 50 lakh and subsequently handed it over to Puri-Konark Development Authority. However, seeing the present state of dereliction, Nalco CMD Shri T.K. Chand announced the maintenance of the Park by the company for the next ten years.


“We shall make it a major tourist attraction, besides providing a salubrious environment for the joggers,” announced Shri Chand, during his site visit yesterday. Nalco shall renovate the Gandhi Library therein, as also the mural and watch tower, besides going for a massive plantation drive, Shri Chand added.


Nalco has also come forward to support the installation of five giant LED screens at vantage points in the vicinity of Jagannath Temple for the safety and guidance of devotees.


Shri Chand had elaborate discussions with Shri Arvind Agarwal, Collector, Shri Asish Singh, SP and other representatives of Puri district administration in this regard, on Sunday. A high-level committee shall finalize the modus operandi within a week, as decided.

 

Nalco Pays Final Dividend

Nalco Pays Final DividendBhubaneswar: 28/10/2015:  National Aluminium Company Limited (NALCO), the Navratna PSU under the Ministry of Mines, Govt. of India has declared a total dividend amount of Rs.451.02 crore (i.e.35% of the Paid up Capital) for the financial year 2014-15. This includes the Govt. of India’s share of Rs. 365.01 crore. It may be noted that since inception, NALCO has paid a total of Rs.5356.76 crore as dividend, including Rs.4598.99 crore as share of Govt. of India.


Out of Rs.365.01 crore payable to Govt. of India, the company has already paid Rs.260.72 crore as interim dividend during March 2015. The cheque for final dividend amounting to Rs.104.29 crore was handed over to Shri Narendra Singh Tomar, Hon’ble Union Minister of Mines and Steel, Govt. of India, by Shri T.K. Chand, CMD, NALCO, in New Delhi today, in the presence of Shri Balvender Kumar, IAS, Secretary, Ministry of Mines, Shri R. Sridharan, IAS, Addl. Secretary, Dr. N.K. Singh & Shri N.B. Dhal, IAS, Joint Secretaries, MoM, Shri V. Balasubramanyam, Director (Production), NALCO and other senior officials of the Ministry and the company.

 

NALCO Observes Vigilance Awareness Week

NALCO Observes Vigilance Awareness WeekBhubaneswar: 26/10/2015:  National Aluminium Company (NALCO) joined the Nation in observing Vigilance Awareness Week in its sites and offices. This year, the week is being celebrated from October 26 to October 31, with the theme ‘Preventive Vigilance as a tool of Good Governance.’


Inaugurating the week-long programme at the Corporate Office, today, Shri T.K. Chand, CMD, along with Shri N.R. Mohanty, Director (P&T) and Shri P.K. Mohanty, IAS, Chief Vigilance Officer (CVO), administered the pledge among the employees in three different languages. The message given by Chief Vigilance Commissioner was also read out to the employees on the occasion. A seminar based on this year’s theme was also organized on the occasion.


Shri N. Santosh Hegde, Former Justice, Supreme Court of India and Shri Joginder Singh, Former, Director, CBI graced the occasion as the chief guest and chief speaker respectively. While chief speaker Shri Singh shared his experience on fighting against corruption through preventive vigilance, chief guest Shri Hegde stressed that every individual should adhere to humanity to curb corruption. Presiding over the seminar, Shri T.K. Chand, CMD underscored preventive vigilance as a promoter of good governance and stressed on the value system and organizational culture to strengthen the vigilance mechanism. Shri P.K. Mohanty, CVO delivered the welcome address, while Shri D.R. Pal, AGM (Vigilance) proposed the vote of thanks.

 

NALCO bags Performance Excellence Award

NALCO bags Performance Excellence AwardBhubaneswar: 17/10/2015:  National Aluminium Company Limited (NALCO), the Navratna PSU, Under Ministry of Mines, Govt. of India, has bagged the Performance Excellence Award, instituted by the Indian Institution of Industrial Engineering (IIIE). On behalf of the company, Shri S.C. Padhy, Director (HR), received the award in Dubai, during the Inaugural Function of 19th CEOs Conference, on 8th October last.



 

NALCO CMD bats for Aluminium in Automobiles

NALCO CMD bats for Aluminium in AutomobilesBhubaneswar: 17/10/2015:  With the growing application of aluminium in auto components, not only the fuel-efficiency has gone up but also the vehicular pollution gone down considerably. Replacement of 1 kg of heavy metal by aluminium reduces 22 kgs of carbon dioxide emission during the lifecycle of a vehicle, according to T.K. Chand, CMD, NALCO.


“While the developed countries use on an average 140 kgs of aluminium per vehicle, in India it is about 40 kgs only. Nevertheless, by 2016, the use of this lightweight metal in auto sector in India is expected to go up by at least 3 times,” said Chand, on the sidelines of ETV International Auto Fest, which was inaugurated on Friday in Bhubaneswar.


“Initially, aluminium gained a foothold in wheels and transmission casings. Now, it is widely used in hoods, trunks, doors, bumpers and other structures. Breakthroughs in welding technology have opened up further vistas of possibilities,” Chand elaborated. “But most importantly, at the end of a vehicle’s life, nearly 90% of the aluminium is recyclable,” Chand added.


Atanu Sabyasachi Nayak, Minister, Health & Family Welfare and I&PR and Ramesh Chandra Majhi, Minister, Commerce & Transport, Govt of Odisha also addressed the inaugural ceremony of this 4-day Auto Fest.

 

NALCO's Education Initiative Lauded

NALCO's Education Initiative LaudedBhubaneswar: 12/10/2015:  The initiatives taken up by National Aluminium Company Limited (NALCO) towards bringing 655 tribal children of Koraput district to the mainstream education, has been lauded at different forums. Recently, the company has bagged OTV CSR Award 2015 for this initiative, under primary education category.


It may be mentioned that since the beginning of its operations, NALCO has given due importance to provide quality education to the children residing in the periphery of its plants. In this regard, the company has set up four schools – two Odia-medium (Saraswati Vidya Mandir) and two English-medium (Delhi Public School) – at Damanjodi and Angul. Besides children of NALCO employees, other children also avail the benefit of quality education in these schools at subsidized rates.


Moving a step further, NALCO Foundation, the CSR arm of the company, operated remedial schools in 5 tribal villages around its Mines & Refinery Complex. The schools prepared 224 drop-out children for re-inducting into formal education system. Subsequently, as one of its major projects, NALCO Foundation collaborated with reputed residential institutions for providing quality education to the children of tribal-dominated and Maoist-infested periphery villages of Damanjodi sector in Koraput. The company has so far sponsored residential education of 655 children from 18 periphery villages, including 224 children from the remedial schools. The Foundation’s funding covers all the costs related to study, lodging and boarding of the students across 3 residential schools in Bhubaneswar (Kalinga Institute of Social Sciences) and Koraput (Koraput Development Foundation Model School and Bikash Vidyalaya). The funding for residential education for the enrolled students has been planned till they complete schooling.

 

NALCO to felicitate NGOs supporting Differently-abled

NALCO to felicitate NGOs supporting Differently-abledBhubaneswar: 12/10/2015:  National Aluminium Company Limited (NALCO) has instituted a State-level Award for the NGOs and Institutions, working for the rehabilitation and resettlement of the differently-abled children. The award shall carry cash prize of Rs.1 lakh and a citation, which will be handed over to the winner during NALCO’s Foundation Day celebration on 7th January. Shri T.K. Chand, CMD, NALCO made this announcement while addressing the 20th Annual Day of the Institute for Helping the Disabled, at Bhubaneswar on Saturday.


Gracing the occasion as chief guest, Shri Chand said: “Disability is not inability. Rather, when one part of the body becomes disabled, other parts become more active. So, instead of pitying the lot of such differently-abled, one should nurture their potentials through guidance and creation of opportunities.”


Among others, Padma Bibhusan Shri Ramakant Rath, former Chief Secretary, Odisha, eminent educationists Prof. Santanu Acharya and Shri Pradyumna Mishra were present on the occasion. Shri Bhagirathi Panda, Secretary of the Institute coordinated the programme.

 

NALCO to Study World-Class Practices for Angul Aluminium Park

NALCO to Study World-Class Practices for Angul Aluminium Park

Bhubaneswar, 12.10.2015:  National Aluminium Company Limited (NALCO) is planning to send a team to the Middle-East Countries to study world-class practices in the field of upstream and downstream industries. With a view to boost the ancillary industries in the State of Odisha through the proposed Angul Aluminium Park, the company has this plan of action, so that the best practices can be replicated in this new venture.


“While NALCO is taking a lead in many issues pertaining to the industrial development of the State, the company is ready to take a call for the enhancement of quality up-gradation of the ancillary industries,” said Shri T.K. Chand, CMD of the company.


Shri Chand was addressing the 1st Executive Committee Meeting of the Utkal Chamber of Commerce & Industry (UCCI), on Saturday at Bhubaneswar, wherein he was felicitated by the Chamber. In turn, UCCI proposed to send its representative in NALCO’s study team to Middle-East.


“Micro-medium-small enterprises are now expected to produce the required quantity and high quality products, so as to enable themselves to seize the opportunities under the new Industrial Policy of Govt. of Odisha and as a responsible corporate, NALCO is keen to provide all kinds of support,” Shri Chand added.


Among others, Shri Ramesh Mahapatra, President, UCCI, Dr. S.K. Tamotia, former CMD, NALCO and Shri Bijoy Ketan Mishra, Chairman, Media & Public Relations Committee, UCCI were present on the occasion.

 

Odisha gets its first-ever Solar Village

Odisha gets its first-ever Solar VillageBhubaneswar: 02/10/2015:  Barapitha, a tribal hamlet in the outskirts of Bhubaneswar has become the first Solar Village of Odisha. The solar project was inaugurated today by Shri Tapan Kumar Chand, CMD, NALCO, in the presence of Shri Joydeep Nayak, IPS, IGP Odisha, Shri Niranjan Sahoo, IAS, Collector & DM Khordha and Shri S. Bhoi, DCP, Bhubaneswar.


“While today Green Energy has become a buzz word, the vision behind such an innovative initiative was to enhance the usage of non-conventional energy sources in households,” Shri Chand said. He congratulated Shri Joydeep Nayak for conceptualizing the idea of transforming this hamlet with hundreds of households into a solar village. NALCO, ECCO and Jakson Solar have supported this project.


NALCO, as an environment-conscious organization, has already taken steps towards harnessing unconventional energy sources. The company has set up two Wind Power Plants in Andhra Pradesh and Rajasthan. In the field of solar power, it has installed roof-top solar power generation systems at its corporate office and township. NALCO is fast emerging as a leading organization in promoting green initiatives.


“On behalf of NALCO, I assure you that our company will continue its efforts to promote green technology and support such innovative measures,” Shri Chand added.


Informing about the project, Shri Joydeep Nayak said that under this project, each household of this village will be having 2 Solar Home Lighting Systems with the facility to charge mobile phones and other devices. The village roads and school will have Perennial Solar Lighting by Mast Head Lighting and Street Lighting Systems. The Village Community Centre has been provided with an LED TV, with Dish Antenna, which runs on Solar Power.

 

NALCO and Rotary Club of Templecity join hands for "Swachh Bharat"

NALCO and Rotary Club of Templecity join hands for Swachh BharatBhubaneswar: 02/10/2015:  Ms. To mark the Birth Anniversary of Mahatma Gandhi and as part of the nationwide ‘Swachh Bharat Abhiyan’, National Aluminium Company Limited (NALCO) and Rotary Club of Templecity, Bhubaneswar, organized a cleanliness programme, in the premises of Nalco Nagar, Bhubaneswar.


Apart from administering 'Swachhta Shapath', an awareness rally was also organized on the occasion. Speaking on the occasion, Shri T.K. Chand, CMD, NALCO said, “NALCO has taken an active role in implementing the Swachh Bharat Abhiyan and Swachh Vidyalaya Abhiyan, since the beginning of these campaigns. As a PSU partner in the Swachh Vidyalaya Abhiyan, NALCO has successfully constructed 433 toilets in 206 schools of Angul, Koraput and Visakhapatnam districts. NALCO’s successful involvement in this campaign has been highly appreciated by the Ministry of HRD, Govt. of India.”


Shri S.C. Padhy, Director (HR) & President, Rotary Club of Templecity, Bhubaneswar, led the campaign, involving more than 300 strong volunteers. Among others, Shri K.C. Samal, Director (Finance), Shri V. Balasubramanyam, Director (Production) and Rotarian Dr. S.K. Tamotia were present on this occasion.

 

NALCO Refinery bags Kalinga Safety Award

NALCO Refinery bags Kalinga Safety AwardBhubaneswar: 30/09/2015:  The Alumina Refinery of Navratna PSU NALCO, located at Damanjodi in Odisha, received the Kalinga Safety Award from Shri G.C. Pati, Chief Secretary, Govt. of Odisha, in the ‘Gold’ category, at the Odisha State Safety Conclave – 2015, held here yesterday.


Appreciating the concerted efforts of Refinery team, Shri T.K. Chand, CMD of the Company, conveyed hearty congratulations to NALCO collective for the accolade and congratulated Shri S.K. Roy, ED(Production), Shri S.R. Nayak, GM(SH&E), CO, and Shri P.K. Patra, DGM(SH&E).

 

CMD Shri Chand felicitates Nalco's Google Girl

CMD Shri Chand felicitates Nalco's Google GirlBhubaneswar: 28/09/2015:  Ms. Lalita Prasida Sripada Srisai of Class-IX, Delhi Public School, Damanjodi, run by Navratna Nalco, has bagged the International Google Science Award for Community Impact, which carries a cash prize of 10,000 US dollars and a citation. Ms. Lalita called on Shri T.K. Chand, CMD, Nalco today at Bhubaneswar, and apprised him about her project ‘Low Cost Bio-adsorbents’. Shri Chand, in turn, appreciated Ms. Lalita and said that she is not only a role model for other children of Nalco but also for children across the country, in fostering scientific temper. Ms. Lalita is the daughter of Shri Subramanya KS (Principal, DPS) and Smt. Kalyani SVNS. She was accompanied by her mentor teacher Ms. Pallabi Mohapatra and her father, mother and younger sister Krishna Praneeta.

 

25th Installation Ceremony - Nalco Director S.C. Padhy, New President of Rotary Club of Temple City

25th Installation CeremonyBhubaneswar: 28/09/2015:  Rotarian S.C. Padhy, Director (HR) of Nalco, has taken over as the new President of Rotary Club of Temple City, Bhubaneswar, for the year 2015-16 at the 25th Installation ceremony of the club, held yesterday at Nalconagar, Bhubaneswar. Shri T.K. Chand, CMD, Nalco, graced the installation ceremony as the chief guest and lauded the noble services being rendered by Rotary Clubs all over the World. A souvenir titled ‘Dhauli’ was also released by Shri T.K. Chand. Among others, Rtn. S.K. Tamotia, Rtn. Satyajit Dalai, Secretary (2015-16), Rtn. Simanchal Maharana, past president of the club, were notably present on the occasion.

 

NALCO Announces Dividend of Rs. 451 crore for 2014-15

NALCO Announces Dividend of Rs. 451 crore for 2014-15

Bhubaneswar, 26.09.2015:  In the 34th Annual General Meeting held here today, the shareholders of National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, Govt. of India, have approved a total dividend payout of 35%, which works out to Rs.1.75 per share. The total payout is Rs.451.02 crore for 2014-15. Since inception, NALCO has paid a total of Rs.5356.76 crore as dividend, including Rs.4598.99 crore as share of Govt. of India.


In his address to the shareholders, Mr. T.K. Chand, CMD, NALCO highlighted the performance of the company and outlined its growth plans. According to Mr. Chand, at this stage, NALCO is targeting to be a global player in the mining, metal and energy sectors. Towards this realization, the company has plans to increase the existing metal production, alumina production and raise bauxites & coal.


“Our action plan includes, increasing the volume of production, go for expansion and modernization of our plants and diversification of products. Further, our target is to increase our networks in the domestic as well as in the international market. A flexible plan is envisaged, which takes into account the market uncertainties of future,” Mr. Chand said.


“While we have got the much-awaited and much-needed allocation of Utkal D and E Blocks, we are looking forward for consent of State Govt. for allocation of Pottangi Mines in Koraput District so that Alumina Refinery Project of Rs.5,500 crore can immediately start,” Mr. Chand said on the sidelines of the AGM.

 

NALCO in International Trade Show Mining Mazma

NALCO in International Trade Show Mining Mazma

Bhubaneswar, 24.09.2015:  The Mining Exploration Convention & Trade Show (Mining Mazma-2015) was inaugurated today at Bangalore International Exhibition Centre, Bengaluru. The trade show, sponsored by Ministry of Mines, Govt. of India, is being organized by Federation of Indian Mineral Industries (FIMI), from 24th to 26th September. National Aluminium Company Limited (NALCO) is participating in the three-day deliberations on various issues related to mining as a sponsor and has put up a pavilion to showcase its activities and achievements. Shri Narendra Singh Tomar, Hon’ble Minister of Mines, Govt. of India, inaugurated NALCO pavilion, in the presence of Shri Balvinder Kumar, IAS, Secretary, Ministry of Mines, Govt. of India and Shri T.K. Chand, CMD, NALCO.

 

National Seminar on Secretarial Standards

NALCO institutes Green Awards for Engineering ExcellenceBhubaneswar: 18/09/2015:  “All the decisions taken at Board-level meetings get recorded, as part of good governance. But no accountability is ever fixed or recorded on the repercussions of delayed decisions or no decisions,” says Shri T.K. Chand, CMD, NALCO. He was addressing the company secretaries at a national seminar on Secretarial Standards, organized by the Institute of Company Secretaries of India (ICSI), at Bhubaneswar today.


“Delayed decisions have serious financial implications, besides impacting the overall morale of the company. So, the company secretaries as part of secretarial standards should record such decisions that could not be formalized in meetings of Board of Directors and General Meetings, adversely affecting the company’s performance,” Shri Chand said. While lauding the role of company secretaries, he added that secretarial standards are an integral part of corporate governance and its proper implementation inspires credibility of Board functions and helps investors for staying with and investing in the company.


Among others, CS Atul Mehta, President ICSI, CS Mamta Binani, Vice-President, ICSI and CS Pawan Kumar Vijay, former President ICSI, were notably present at the inaugural session.

 

NALCO institutes Green Awards for Engineering Excellence

NALCO institutes Green Awards for Engineering ExcellenceBhubaneswar: 16/09/2015:  To mark the Engineers’ Day, Shri T.K. Chand, CMD, NALCO, has announced Green Awards for Engineering Excellence. Shri Chand was addressing the engineering fraternity yesterday in Bhubaneswar, at a function organized by Ever Green Forum. The 1st prize would carry a purse of Rs 2 lakh & a citation, while the 2nd prize shall have Rs. 1 lakh and two third prizes of Rs 50,000 each for the recipients. The function was attended by Shri Ramesh Chandra Majhi, Commerce & Transport Minister, Govt. of Odisha, Shri Prasanna Patasani, MP, senior Professors of IIT & other noted institutions.


"The awards for engineering excellence shall be our humble tributes to the engineers for introduction and adoption of green technology in the industrialization of Odisha," Shri Chand said. Intellectuals and NGOs associated with green initiatives have appreciated NALCO’s gesture.


It may be mentioned here that NALCO, a state-owned Navratna company, has been taking manifold measures for conservation and protection of environment, besides strengthening green initiatives in the society. While the company spends around Rs. 190 crore per annum in pollution control and environment protection measures, some of its latest initiatives include sponsoring publication of book on aquatic plants in Eastern India and urban plantation by the side of Bhubaneswar-Cuttack National Highway, entailing an expenditure of Rs 2.5 crore.

 

Hindi Fortnight Celebrated at NALCO

Hindi Fortnight Celebrated at NALCO

Bhubaneswar, 15.09.2015:  National Aluminium Company Limited (NALCO), the Navratna PSU, Under Ministry of Mines, Govt. of India celebrated Hindi Fortnight at its Corporate Office and sites from 1st to 14th September 2015, with a view to promote the use of Hindi as official language. To mark the occasion, various competitions including essay, debate, noting and quiz were organized among its employees.


The concluding function was held yesterday at company’s corporate office. Shri T.K. Chand, CMD, NALCO graced the occasion as the chief guest and proposed to hold a Hindi Kavi Sammelan soon. This year, Late Shankar Dayal Singh Memorial Prize was handed over to Shri S.K. Verma, Manager (Materials), CPP and Ms. V. Anuradha, Sr. EA. (CC), Corporate Office. Among others, Shri N.R. Mohanty, Director (P&T), Shri S.C. Padhy, Director (HR), Shri K.C. Samal, Director (Finance), Ms. Soma Mondal, Director (Commercial) and Shri A.K. Sahu, ED (H&A) were notably present on the occasion. Addressing the gathering, the dignitaries opined on the ways and means to implement Hindi Language in regular official works.


Shri Sudarsan Tarai, AGM (Rajbhasa), coordinated the programme while Shri Hariram Pansari, Manager (Rajbhasa), proposed a vote of thanks.

 

Centre allots Utkal D & E Coal Blocks to NALCO

Centre allots Utkal D & E Coal Blocks to NALCOBhubaneswar: 15/09/2015:  National Aluminium Company Limited (NALCO), the Navratna PSU, Under Ministry of Mines, Govt. of India has been allocated Utkal D and E Coal Blocks, in Angul district of Odisha, where the company’s 4.6 lakh tonne Aluminium Smelter and 1200 MW Captive Power Plant are located.


"The company's smooth operation and expansion plans hinged on the allocation of these blocks," says Shri T.K. Chand, CMD, NALCO. "With this, NALCO's captive resources add 200 million tonnes of coal, which will see the company through the next three decades and more," a much relieved Shri Chand added.


It may be mentioned that Utkal E Coal Block was allotted to NALCO by Govt. of India in 2004. The company had spent Rs.126.34 crore for this block, including Rs.98 crore towards compensation against land acquisition. The company had also spent considerably on infrastructural facilities and various CSR activities in the area. However, the cancellation of allocation of Utkal E Coal Block, following Supreme Court's order to de-allocate 204 coal blocks across the country, came as a setback to the company. NALCO was pursuing with Govt. of India for re-allocation of coal block under the allocation route, as the end-use investment had already been made.


Now that Govt. of India has appreciated the dire needs of NALCO and decided to allocate the coal blocks in favour of the company, CMD Shri T.K. Chand has thanked the Ministry of Mines and Ministry of Coal for allocating the mines that will enable the company to meet its expansion plans. "A sense of gratitude and euphoria has engulfed the entire company, since this momentous decision is intricately woven with the dreams and aspirations of NALCO Collective," Shri Chand concluded.

 

NALCO's Bauxite Mine bags Pollution Control Excellence Award

NALCO's Bauxite Mine bags Pollution Control Excellence AwardBhubaneswar: 14/09/2015:  The Bauxite Mine of Navratna PSU National Aluminium Company Limited (NALCO), situated at Panchpatmali Hill in Koraput district, has bagged the Pollution Control Excellence Award -2015, instituted by the State Pollution Control Board, Odisha (OSPCB). This prestigious award was conferred on NALCO in recognition of its “effective pollution control measures and sound environment management practices” at bauxite mines.


On behalf of the company, Shri Sharanan Choudhuri, GM(O&M) -Mines, received the award from Shri G.C. Pati, Chief Secretary, Govt. of Odisha, at the 32nd Foundation Day Celebrations of OSPCB held in Bhubaneswar today.


Appreciating the concerted efforts of the team of Panchpatmali Mines, Shri T.K. Chand, CMD of the company, conveyed hearty congratulations to NALCO Collective for the accolade.


It may be mentioned here that along with its business, NALCO has been laying special emphasis on promotion and maintenance of pollution-free environment in all its activities. The company has spent Rs.188.32 crore in 2014-15 towards environment protection and pollution control at its four production units.

 

Performance Excellence Award for NALCO

Performance Excellence Award for NALCOBhubaneswar: 10/09/2015:  National Aluminium Company Limited (NALCO), the Navratna PSU, Under Ministry of Mines, Govt. of India has been selected for the "Performance Excellence Award - 2014", instituted by the Indian Institution of Industrial Engineering (IIIE). The awardee is assessed on the basis of outstanding contributions towards excellence, chosen from various organizations representing both public and private sectors.


In a communication, the Chairman of IIIE has congratulated Shri T.K. Chand, CMD, NALCO, requesting him to share the success story of the company, in the 19th CEOs Conference in Dubai on 8th October 2015. The award will be presented to NALCO during the Conference.


Attributing the success to the concerted efforts of NALCO Collective, Shri Chand said that NALCO's business excellence is based on company's productivity, profitability and credibility.

 

MHRD appreciates NALCO's 100% achievement under Swachh Vidyalaya Abhiyan

MHRD appreciates NALCO's 100% achievement under Swachh Vidyalaya AbhiyanBhubaneswar: 07/09/2015:  National Aluminium Company Limited (NALCO), the Navratna PSU of Ministry of Mines, Govt of India, as per schedule, completed its target of constructing toilets for schools in three districts of Odisha and Andhra Pradesh. Appreciating the initiative undertaken by NALCO, Dr. S.C. Khuntia, Secretary, Department of School Education & Literacy, Ministry of HRD (MHRD), Govt of India, has congratulated Shri T.K. Chand, CMD, NALCO, "for achieving 100% target under Swachh Vidyalaya initiative” by the company. “Please convey my appreciation to all the officers who have contributed to the success in this socially important initiative," wrote Dr. Khuntia.


It may be mentioned that NALCO was asked by MHRD to construct 355 toilets in 202 schools of Angul, Koraput and Visakhapatnam districts. NALCO could successfully complete the task within the stipulated time, through NALCO Foundation, the CSR arm of the company.


Swachh Vidyalaya Abhiyan was a herculean task, considering the fact that most of the schools allotted to NALCO were located in remote and Maoist-infested areas of Odisha and Andhra Pradesh. Since, some of the schools did not have any approach roads, pre-fabricated toilets had to be carried on head loads, crossing rivulets and hillocks.


Despite heavy odds, NALCO not only achieved the targets in time but also constructed 79 additional toilets, beyond the MHRD target, as per ground realities and requests from school authorities. With that, NALCO altogether constructed 433 toilets in 206 schools, under Swachh Vidyalaya Abhiyan.

 

NALCO bags EEPC Star Performer Award

NALCO bags EEPC Star Performer AwardBhubaneswar: 04/09/2015:  National Aluminium Company Limited (NALCO), the Navratna PSU, Under Ministry of Mines, Govt. of India and country’s leading manufacturer-exporter of alumina and aluminium, has bagged the prestigious EEPC (Engineering Export Promotion Council)’s Star Performer Award, for its outstanding export performance during the year 2013-14.


On behalf of the company, Shri A.K. Murthy, GM(Port Facilities), received the award from Ms. Nirmala Sitharaman, Minister of State for Commerce & Industry, Govt. of India, at All India Export Award Function, held in New Delhi on September 3.


It may be mentioned here that NALCO enjoys Premier Trading House status, and it is the first Indian aluminium company to be registered with London Metal Exchange, for its high quality products.


Appreciating the concerted efforts of Team Marketing, Shri T.K. Chand, CMD, conveyed his congratulations to Nalco Collective for the accolade.

 

69th Independence Day was celebrated at Nalco's Corporate Office

69th Independence Day was celebrated at Nalco's Corporate OfficeBhubaneswar: 17/08/2015:  The 69th Independence Day was celebrated at Nalco’s Corporate Office, Bhubaneswar with patriotic fervour. Shri N.R. Mohanty, Director (P&T), hoisted the Tri-colour and addressed the employees on the occasion. Presently, the international market is very sluggish for aluminium metal. But, as in past, Nalco Collective should close all ranks and overcome the crisis as a cohesive team, Shri Mohanty urged.




 

Book on Odisha's Biodiversity Released at Nalco

Book on Odisha's Biodiversity Released at NalcoBhubaneswar: 16/08/2015:  A book on Odisha’s Biodiversity titled "Aquatic Plants of Eastern India" was released at Nalco Auditorium here today by Shri Debi Prasad Mishra, Minister of Industries, School & Mass Education, Govt. of Odisha, in the presence of Dr. Hem Pandey, Addl. Secretary, Ministry of Environment, Forests & Climate Change, Govt. of India, Shri Tapan Kumar Chand, CMD, NALCO and Shri V. Balasubramanyam, Director (Production), NALCO. The book has been authored by Dr. Ajay Kumar Mahapatra, MD, Odisha Forest Development Corporation and by Shri Asok Biswal. The book deals with the wide varieties of aquatic and wetland plants across 34 districts of Eastern India.


Expressing gratitude, the author of the book, Dr. Mahapatra, thanked NALCO for the active support in publishing the book, which would not only be of immense help to the researchers but also enable the general public in identification and preservation of these species.


While praising the work done by the authors, Shri Tapan Kumar Chand, CMD, NALCO, underscored the importance of Nature, Nurture & Future for sustainable development. He further said that the biotic & abiotic elements of ecology need to be in proper balance and Mother Nature needs to be conserved and preserved in its pristine beauty and bounty. It may be noted that NALCO since its inception, has given utmost importance to the issues related to environmental care and has been instrumental in conducting biodiversity surveys, as well as publication of books on such subjects. In future many more such environmental initiatives and publications are in offing, Shri Chand added.

 

"NALCO KI LADLI" SCHEME LAUNCHED Under "Beti Bachao, Beti Padhao" Programme

NALCO KI LADLI SCHEME LAUNCHED Under Beti Bachao, Beti Padhao ProgrammeBhubaneswar: 16/08/2015:  National Aluminium Company Limited (NALCO), a Navratna PSU of Ministry of Mines, Govt of India, has launched ‘Nalco ki Ladli’ Scheme, to mark the 69th Independence Day Celebration. Shri Tapan Kumar Chand, Chairman-cum-Managing Director, NALCO announced the introduction of this new scheme under the ‘Beti Bachao, Beti Padhao’ programme, initiated by Govt of India recently.


"NALCO shall promote meritorious girl-students from BPL families studying in the periphery schools of company's production units at Angul and Damanjodi in Odisha," announced Shri Chand, after hoisting the tri-colour at company's Smelter and Power Complex in Angul yesterday.


It may be mentioned here that NALCO has always worked towards the development of Odisha State and the Nation, as a responsible corporate citizen. Since inception, the company has contributed Rs.4,981 crore to the State Govt and Rs.19,111 crore to the Central Govt towards taxes, duties royalties and dividends, besides allocating 2% of its net profit towards CSR activities.


Recently, as a PSU-partner in Govt’s Swachh Vidyalaya Abhiyan, NALCO has spent around Rs.6 crore in constructing 433 toilets in 202 schools in Angul, Koraput and Vizag districts.


Addressing the gathering, Shri Chand said that NALCO would continue its CSR and welfare activities in an empathetic manner, for the social well-being. He also reiterated NALCO’s request to the State Govt to allot Pottangi Bauxite Block, which would not only boost the company’s growth plans but also its social commitment in that tribal belt.

 

NALCO's New CMD Shri T.K. Chand Given a Rousing Welcome at his Village

Rousing WelcomeBhubaneswar, 08/08/2015: Shri Tapan Kumar Chand, Chairman-cum-Managing Director of National Aluminium Company Ltd. (NALCO) has given a rousing welcome at his village Kantapada, under Gop Block of Puri district, today. It may be mentioned that Shri Chand was on a visit to his native for the first time, after the assuming the office of CMD, NALCO. He was also felicitated by the local leaders on the occasion.


Shri Sameer Kumar Das, local MLA, felicitated Shri Chand, in presence of local industrialist and social worker Shri Rabi Narayan Samantara, journalist Shri Badri Mishra, trade union leader Shri Nimai Mohanty and others. Shri Chand was lauded for his achievements in the field of business excellence. Speaking on this occasion, Shri T.K. Chand stressed that he would give priority to the progress of NALCO, along with the projecting 'Brand Odisha' and wellbeing of the people of the state, through empathetic CSR. While Shri Rabi Narayan Samantara delivered the welcome address, Shri Badri Mishra proposed the vote of thanks.

 

Shri T.K. Chand takes over as full-time CMD of NALCO

Shri T.K. ChandBhubaneswar, 27/07/2015: Shri Tapan Kumar Chand has taken over as the full-time CMD of Navratna PSU, National Aluminium Company Limited (NALCO), today. Prior to this, Shri Chand was the Director (Commercial) of Rashtriya Ispat Nigam Limited (RINL).


Shri T.K. Chand brings along more than 3 decades of rich experience in mining and metal sector, including 8 years at Board level. A Gold Medalist from Utkal University, Shri Chand had undergone training in Advanced Management Programme in International Centre for Promotion of Enterprises (ICPE), in Western Europe and in Queensland University of Technology, Australia. He represented Indian Steel Industry in Paris Meet of OECD. In the areas of Corporate Governance, he was adjudged as the outstanding performer by SCOPE and Department of Public Enterprises, Govt. of India. He also served as Director in Central Coal, a Company of Coal India and then Director in Visakhapatnam Steel Plant, a Navratna Company of Govt. of India.


On assumption of new office, Shri Chand informed that he would make all efforts to pave way for Team NALCO to surge upwards and scale greater heights of glory. Besides, value-based and system-driven management, he emphasized on a strong business sense at all levels to make NALCO products cost competitive in International market, diversification to top-up turnover, safety as a culture, empathetic welfare of employees and community around.


Talking on the current business environment, the new CMD informed that both domestic and global markets are undergoing sluggishness and it is a difficult period for metal industries. Metal makers, be it ferrous and non-ferrous, need to focus on volume variance and price variance, to augment their realization. New market, expansion of customer base, product diversification and high-end products are some of the initiatives need to be taken immediately to make NALCO tide over the existing market blizzard. In his agenda, he has kept company’s expansion and diversification on top priority, along with existing asset utilization and cost reduction.

 

NALCO inks R&D Agreement with Rio Tinto Alcan

NALCO inks R&D Agreement with Rio Tinto AlcanBhubaneswar: 13/07/2015:  National Aluminium Company Limited (NALCO), the Navratna PSU under the Ministry of Mines, Govt. of India, has entered into an R&D Cooperation Agreement with Aluminium Pechiney (AP) / Rio Tinto Alcan.


The agreement was signed between Dr. B.K. Satpathy, Executive Director (BD), NALCO and Mr. Bernard Allais, Director (Sales and Marketing), AP Smelter Technology on 10th July 2015. Shri N.R. Mohanty, Chairman-cum-Managing Director, Shri S.C. Padhy, Director(HR), Shri K.C. Samal, Director (Finance) and other senior officials of NALCO were present on the occasion. Various developmental research activities in collaborative efforts will be taken up between the two companies under this agreement.

 

Office of Nalco Research & Technology Centre Inaugurated

Office of Nalco Research and Technology Centre InauguratedBhubaneswar: 06/07/2015:  The office building of Nalco Research & Technology Centre was inaugurated by Shri N.R. Mohanty, CMD of the company today at Gothapatna, in the outskirts of Bhubaneswar. To mark the ongoing Van Mahotsav, Shri Mohanty, along with Shri S.C. Padhy, Director (HR), Shri V. Balasubramanyam, Director (Production) and Shri P.K. Mohanty, IAS, CVO, planted saplings in the premises.



 

NALCO Signs JV Agreement with GACL

NALCO Signs JV Agreement with GACLBhubaneswar: 24/06/2015:  National Aluminium Company Limited (NALCO), the Navratna PSU, under the Ministry of Mines, Govt. of India, has signed a Joint Venture-cum-Share Holders’ Agreement with Gujarat Alkalies and Chemicals Limited (GACL), a Govt. of Gujarat promoted company, for the establishment of an integrated Caustic Soda Plant and Captive Power Plant at Dahej, Gujarat, as a backward integration initiative of NALCO.


This Joint Venture-cum-Share Holders' Agreement was signed on 23rd June 2015 at NALCO Corporate Office, by Shri N.R. Mohanty, Chairman-cum-Managing Director, NALCO and Shri A.M. Tiwari, IAS, MD, GACL. Shri P.K. Mohanty, IAS, CVO, Shri S.C. Padhy, Director (HR), Shri K.C. Samal, Director (Finance), Ms. Soma Mondal, Director (Commercial), Shri V. Balasubramanyam, Director (Production) and other senior officials of NALCO and GACL were present on this occasion.


It may be mentioned that the capacity of the Caustic Soda Plant will be 2.7 lakh tonnes per annum and that of the Captive Power Plant will be 100 MW. The estimated cost of the project is Rs.1789 crore. NALCO will hold 40% equity in the project and the balance equity will be held by GACL.

 

NALCO Posts 106% Increase in Net Profit at Rs.1322 crore

NALCOBhubaneswar, 01/06/2015: National Aluminium Company Limited (NALCO), the Navratna PSU under Ministry of Mines, Government of India, has declared its financial results for 2014-15 fiscal. According to the audited financial results for the year, taken on record by the Board of Directors in a meeting held in New Delhi on 30th May, NALCO has posted a Net Profit of Rs.1322 crore during the year, up by 106%, compared to Rs. 642 crores achieved during the previous fiscal. The export turnover of the company for the fiscal was Rs.3307 crore. The Board has also recommended final dividend at a rate of 10% (Rs.0.50 per equity share of Rs. 5 each) amounting to Rs.128.86 crore. Earlier, NALCO had declared an interim dividend of 25%, i.e. Rs.1.25 per share of Rs.5 each, amounting to Rs.322.16 crore for the financial year 2014-15, on the paid-up equity share capital of Rs.1288.62 crore.


During the year, the company has achieved highest ever gross turnover of Rs. 7771 crore against Rs. 7024 crore achieved last year and previous best of Rs. 7247 crore achieved in FY12-13.


In terms of production, the Aluminium Smelter of the company achieved cast metal production of 3.27 lakh MT against 3.16 lakh MT achieved last year and achieved Alumina Hydrate Production of 18.51 lakh MT against 19.25 lakh MT last year. The Captive Power Plant of the company achieved net power generation of 5,131 million unit against 4,989 million unit achieved in last fiscal. Besides, NALCO generated 175 MU of wind energy during the year by operation of a 50.4 MW wind power plant at Gandikota, Andhra Pradesh and another 47.6 MW plant at Jaisalmer, Rajasthan. During the year, the company commissioned 260 KWp Rooftop Solar Power System at Corporate Office and Township, Bhubaneswar. 167 kilo Unit solar energy has been generated during the year.


Regarding the capacity expansion, investment decision has been taken to set up a 1 million tonne alumina refinery at Damanjodi, Koraput at a proposed investment of Rs.5540 crore based on Pottangi mine deposit. With a view to boost the ancillary and downstream industries, NALCO has also committed to supply 50,000 MT of aluminium metal to ‘Angul Aluminium Park’ which has been formed as a JV between NALCO and Industrial Development Corporation of Odisha. The company is in an advance stage of setting up of 100 MW Wind Power Plant at a suitable location with an estimated investment of Rs.660 crore.

 

Shri N.R. Mohanty given additional charge of NALCO CMD

Shri N.R. MohantyBhubaneswar, 01/05/2015: Shri N.R. Mohanty, Director (Projects & Technical) of Navratna CPSE, National Aluminium Company Limited (NALCO) has been given additional charge of the Chairman-cum-Managing Director of the company, following the superannuation of Shri Ansuman Das, from 1st May 2015.


Shri Mohanty graduated in B.Sc Engg (Hons) in Mechanical Engineering from NIT Rourkela in 1980 and was awarded as best Graduate of Sambalpur University. Shri Mohanty started his career from Larsen & Toubro and worked in BALCO before joining Nalco in 1986. Shri Mohanty has rich and varied experiences of more than 33 years in aluminium industry. Shri Mohanty has worked in various capacities in company’s Smelter Plant and Corporate Office. He has been instrumental in creating new vision and mission plan for the company. Besides, he has also initiated various growth oriented Greenfield projects & Brownfield projects and has successfully steered NALCO into ‘Green Energy’ with the commissioning of wind power projects at Gandikota , AP and Jaisalmer, Rajasthan.


He is life member of India Institute of Metals, Fellow member of Institution of Engineers and has been conferred with several awards and recognitions throughout his professional career.

 

TOLIC Meeting at Nalco

TOLIC Meeting at NalcoBhubaneswar: 29/04/2015:  The third half-yearly meeting of Town Official Language Implementation Committee (TOLIC) (Undertakings), Bhubaneswar, under the Department of Official Language, Govt. of India, was held under the aegis of Nalco, here on 28th April. Shri Ansuman Das, Chairman-cum-Managing Director, Nalco, presided over the meeting. On behalf of NALCO, Shri S.C. Padhy, Director (HR), Shri N.R. Mohanty, Director (P&T), Shri Ashok Kumar Sahu, ED(H&A), graced the occasion. Shri A.K. Pahi, General Manager (Admn.), BSNL, Shri Sarad Kumar, Director, AAI, Bhubaneswar, Shri Alok Srivastav, Regional Manager of Oriental Insurance, Shri Samant Kumar, General Manager, Hotel Kalinga Ashok were also present on this occasion. 33 representatives of Central Govt. Undertakings, Corporations etc. of Bhubaneswar participated in the meeting.


During the meeting, discussions were held on organising joint programmes for the widespread use of Hindi in Official works. After the discussion among members, Chairman Shri Das expressed his views that use of Hindi is not only necessary for national integration and complying the statutory provisions, but also important for financial progress and good governance of the country. He urged all the representatives of member-offices to do maximum possible official work in Hindi. Dy. Chairman of the committee Shri Padhy emphasised for publishing a Hindi E-magazine at the level of TOLIC (U). Senior officers of other offices gave many suggestions for enhancing the use of Hindi.


On this occasion, Shri Hariram Pansari, Manager (Rajbhasha), NALCO was felicitated by the Chairman for his appointment as a member of Project Review and Steering Group, Indian Language Technology Proliferation & Deployment Centre, Ministry of Communications and Information Technology, Govt. of India.


The meeting was co-ordinated by Shri Sudarshan Tarai, Member-secretary of of the Committee and AGM(Rajbhasha), NALCO.

 

20th All Odisha QC Convention by NALCO Concludes

20th All Odisha QC Convention by NALCO ConcludesBhubaneswar: 24/04/2015:  The 20th All Odisha Quality Circle Convention, organized by NALCO on April 22 and 23, at Nalco Nagar, Bhubaneswar has come to an end. The QC Convention is being organized by NALCO since 1996.


On the concluding day, Shri Ansuman Das, Chairman-cum-Managing Director was the chief guest and handed over prizes to the winning teams. In his inspiring address, he advised all the participating teams to take quality movement to further heights in the State & to create a knowledge bank of all improvement projects, for dissemination of knowledge. Prof. (Dr.) Sadananda Sahu, Professor, IIT, Bhubaneswar delivered the keynote address and appreciated the efforts of NALCO in propagating the culture of innovation by promoting TQM movement in the State.


The NALCO Trophy and Gold Plaque, was won by Quality Circle ‘CHEMSPIRIT’ of NTPC, TSTPS-Kaniha, while Quality Circle ‘SANKALP’ of OCL India emerged as the Runners-up and won the Silver Plaque. In the competition amongst TPM Circles, ‘EM-UNBRAKO’ of Tata Steel, Joda was the Winner and won the Gold Plaque, while ‘EUREKA’ of Balasore Alloys, Balgopalpur was Runners-up winning the Silver Plaque. TPM Circle ‘SAMBHAV’ of Tata Sponge Iron, Quality Circles ‘SYNERGY’ of NALCO, ‘SANJEEVANI’ of Rourkela Steel Plant and ‘QC-01’ of Hindustan Aeronautics Ltd. were awarded the prizes for Meritorious Performance. Special Prizes for Best Analysis, Best Process Focus, Best Effectiveness & Result, Best Learning Experience and Best Team Presentation were won respectively by Quality Circles ‘PRAYAS’ of NTPC-TTPS, Talcher, ‘SAARTHI’ of NALCO-CPP, ‘AVENGERS’ of Sesa Sterlite, ‘FLORENCE NIGHTINGALE’ of TRL Krosaki Refractories and ‘LAXMI’ of NTPC-TSTPS, Kaniha.


Earlier, on April 22, Shri N.R. Mohanty, Director(P&T), NALCO inaugurated the convention. Altogether, 16 organizations participated in this Convention through 26 Quality Circles and 5 TPMs from and presented their case studies. Shri S.C. Padhy, Director (HR), Shri K.C. Samal, Director(Finance), Ms Soma Mondal, Director (Commercial), Shri V. Balasubramanyam, Director(Production) and Shri S.K. Roy, Executive Director(Production) were also present on the occasion as the guests of honour.


In the concluding session, Shri S.C. Padhy, Director (HR), Ms Soma Mondal, Director (Commercial), Shri V. Balasubramanyam, Director(Production) and Shri S.K. Roy, Executive Director(Production) also felicitated other winners.

 

124th Birth Anniversary of Dr. Ambedkar Celebrated

124th Birth Anniversary of Dr. Ambedkar celebratedBhubaneswar: 15/04/2015:  Nalco Corporate SC/ST Employees Welfare Association, Bhubaneswar celebrated the 124th birth anniversary of Bharat Ratna Dr. B.R. Ambedkar, at Nalconagar, Bhubaneswar on April 14. To mark the occasion, a function was organized at Mahanadi Nivas auditorium, Nalconagar. While Shri Ansuman Das, CMD, NALCO graced the occasion as the Chief Guest, Shri Alekha Chandra Mallik, Former Director(Commercial) of GRIDCO was the Chief Speaker. Shri S.C. Padhy, Director (HR) was the Guest of Honour in the meeting.


At the outset, a cultural programme was organized by the children of Nalco Nagar, Bhubaneswar. Shri Jatindra Naik, General Secretary of the Association delivered the welcome address and introduced the guests. Chief Guest Shri Ansuman Das highlighted the deeds of Baba Saheb for drafting of Indian Constitution and giving equal status for all the people in society. Shri A.C. Mallik, Chief Speaker of the evening spoke about the unseen and unfolded activities done by Dr. Ambedkar for SC/ST people of India. Guest of Honour Shri S.C. Padhy emphasized on the works done by Baba Saheb for downtrodden and untouchables of the then society. Lastly, President of the Association Shri S.K. Sethi enlightened on Dr. Ambedkar’s life and deeds for downtrodden people of India. Shri Bhabani Shankar Das, Association member proposed the vote of thanks. The meeting was conducted by Smt. Neelima Kongari, Executive Body Member of the Association.

 

Annual Performance: 2014-15 NALCO ACHIEVES HIGHEST-EVER TURNOVER

Bhubaneswar: 02/04/2015:  National Aluminium Company Ltd. (NALCO), the Navratna PSU under Ministry of Mines, Govt. of India, has completed another good year in 2014-15, with reference to physical and financial performances for the year 2013-14. During the year, the company has achieved highest ever gross turnover of Rs. 7774 crore (provisional) against Rs. 7024 crore achieved last year and previous best of Rs. 7247 crore achieved in FY12-13. Export earning has been Rs. 3307 crore in 2014-15 against Rs. 3719 crore earned last year.


Besides, NALCO has generated 181 MU of wind energy during the year by operation a 50.4 MW wind power plant at Gandikota, Andhra Pradesh and another 47.6 MW plant at Jaisalmer, Rajasthan. During the year, the company commissioned 260 KWp Rooftop Solar Power System at Corporate Office and Township, Bhubaneswar. 167 kilo unit solar energy has been generated during the year.

 

NALCO inks MoU with Ministry for Higher Production & Financial Targets

NALCO inks MoU with Ministry for Higher Production & Financial TargetsBhubaneswar: 02/04/2015:  National Aluminium Company Limited (NALCO) has signed an MoU with the Ministry of Mines, Govt. of India regarding financial and non-financial targets for the FY 2015-16. The MoU was signed between Dr. Anup K Pujari, IAS, Secretary, Ministry of Mines and Shri Ansuman Das, CMD, NALCO, in the presence of Shri R. Sridharan, IAS, Additional Secretary and other senior officials of Ministry & NALCO in New Delhi on 31st March 2015. As per the MoU, the net operating sales turnover target has been fixed at Rs.8,488 crore. As regards physical performance, NALCO has set an annual production target of 68.25 lakh tonnes of bauxite, 21.80 lakh tonnes of alumina, 3.80 lakh tonnes of aluminium and net power generation of 6009 million units.


Regarding new initiatives, the proposed major milestones would be establishing solar power project of about 15 MW and exploring an overseas smelter plant based on cheap power. Further, NALCO has given emphasis on reduction in electrical energy consumption for its Refinery and Smelter plant and accordingly targets have been set.


The company has set target for adopting ISO 27001 Certification for IT Infrastructure. As part of its Corporate Social Responsibility activity, NALCO has committed for construction of toilets in school of peripheral villages of Angul and Damanjodi sector under “Swachh Vidyalaya Abhiyan”.

 

UTKAL DIVAS CELEBRATED AT NALCO

UTKAL DIVAS CELEBRATED AT NALCOBhubaneswar: 02/04/2015:  National Aluminium Company Limited (NALCO) celebrated the Utkal Divas with gaiety and regional fervour, at Nalconagar, Bhubaneswar, yesterday. To mark the celebration, the company hosted variety of programmes, which reflected a distinct spirit.


Shri Ansuman Das, Chairman-cum-Managing Director, NALCO felicitated noted Odia writer Dr. Baishnab Charan Samal on this occasion for his contribution to Odia literature. Besides as a tradition, NALCO has been felicitating upcoming sportspersons of Odisha every year on the occasion of Utkal Divas. This year the Company felicitated Hockey Player and member of Indian Women’s Hockey Team Ms Lilima Minz and athlete Ms. Purnima Hembram, with mementoes and cash award of Rs. 20,000/ each. While Shri S.C. Padhy, Director (HR) welcomed the guests at the outset, the function concluded with a vote of thanks by Shri A.K. Sahu, Executive Director (H&A). Shri N.R. Mohanty, Director (P&T), Shri Shri K.C. Samal, Director (Finance), Ms Soma, Mondal, Director (Commercial), Shri V. Balasubramanyam, Director (Production) and Shri P.K. Mohanty, IAS, Chief Vigilance Officer were notably present on the occasion. At the end, a galore of cultural programmes enthralled the audience.