National Aluminium Company Limited (NALCO), a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Mines and the country’s leading manufacturer and exporter of alumina and aluminium, has recorded all-round success in bauxite and alumina production in financial year (FY) 2019-20.
With more than 100% capacity utilisation, NALCO’s Panchpatmali mines has achieved bauxite production of 73.02 lakh tonnes, which is the highest ever since the company’s inception. Bauxite transportation has gone up to 73.02 lakh tonnes, which is also the highest ever so far.
The company’s alumina refinery has produced the highest-ever 21.61 lakh tonnes of alumina hydrate thereby setting a new record. The steam & power plant (SPP) of the alumina refinery has also achieved highest ever net power generation.
NALCO’s aluminium smelter has achieved more than 90% capacity utilisation with cast metal production of 4.18 lakh tonnes despite facing acute coal crisis in the monsoon season and also during the ongoing coronavirus pandemic. One noteworthy fact is that the DC energy consumption at the company’s smelter plant was at its lowest in 2019-20.
Attributing this record-breaking performance to the teamwork and dedication of employees, Sridhar Patra, CMD, NALCO said, “In the present sluggish metal market, we would be able to tide over the downturn by continuing to keep our focus on bauxite mining and our alumina refining arm, coupled with several cost reduction measures.”
It deserves mention that despite the COVID-19 crisis, all of NALCO’s units are operational with reduced manpower thus contributing to the national economy. The company is implementing adequate social distancing and sanitisation measures at its plants and residential areas to safeguard employees and workers against corona virus exposure.