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According to state-owned NALCO, the approvals for the Pottangi bauxite mine and the operationalisation of allocated coal blocks have accelerated plans for future smelter development and existing refinery expansion.
According to Sridhar Patra, Chairman and Managing Director of National Aluminium Company Ltd (NALCO), the company's business scope has been extended for the next 30 years through the backward integration and securitisation of energy and bauxite.
The organisation has always aimed to surpass the previous set of benchmarks. "The strenuous efforts of the last 43 years and constant pursuit towards exhibiting excellence in almost all business domains has created a formidable business enterprise like NALCO."
"The past three years have witnessed significant achievements and have brought new laurels to the company," Patra stated.
NALCO has been running the Panchpatmali bauxite mines for the pit-head alumina refinery, an aluminium smelter, and a captive power plant at Angul. In the state of Odisha, there are both.
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