The Navaratna Public Sector Enterprises successfully completing a series of trials in the past.
“National Aluminium Company Limited (NALCO), has been credited for the lowest cost producer of alumina in the world and recently it has set a record in bauxite mining,” said CMD Dr Tapan Kumar Chand.
He lauded the mines and refinery team for achieving 100 per cent capacity utilisation in mines and refineries. He referred to starting of new mines in south block Panchpatmali as a bold step forward.
NALCO has ended the financial year 2017-18 on a strong note with smelter collective producing cast metal of 4.25 lakh tonne, registering a growth of 9.8 per cent.
“The total sale of the Company also registered a sharp growth with a sale of 4.26 lakh tonne and 42 alumina shipment exports, enabling the company to achieve the highest turnover ever since inception,” said Dr Chand while addressing a Utkal Divas function here on Sunday.
“The Project team has achieved the distinction of getting lease transfer for Utkal- D land and environment clearance for Caustic Soda Plant in Dahej, Gujarat,’’ Dr. Chand added.
Mr Shaktikanta Das, former Economic Affairs Secretary and presently the member of the 15th Finance Commission of India, in his speech said; “The role of industries in shaping a new India is immense. It is very important for industrial sector in India to adapt to the latest technological innovation and lead the developmental charge of the nation. NALCO is a jewel among the public sector enterprises and is also playing the role of a mother industry in Odisha,” he said.
At the Utkal Divas function, Dr Chand felicitated two promising sportspersons of Odisha viz. Ms. Aparajita Gochhikar, chess player and Ms. Geeta Bhuyan, baseball and softball player. Nalco also felicitated five MSMEs.