Must Read

NALCO's new corporate plan released

By IndianMandarins- 09 Jan 2018
549

nalcos-new-corporate-plan-releasedThe new Corporate Plan (2017-2032) of Navratna CPSE National Aluminium Company Limited (NALCO) to reach a turnover of Rs. 18,171 crore with PAT of Rs. 1,693 crore by 2024 with enhancement of the smelting capacity to 1.1 million tons & refining capacity to 3.27 million tons. The long-term strategy foresees the company to reach a turnover of Rs.31,248 crore and a PAT of Rs.3,010 crore by 2032. The corporate plan also envisages backward integration to CT Pitch & Caustic Soda; forward integration to Extrusion, Foils & Castings; expanding value addition capacities in Wire rods & Rolled Products; diversifying into commercial mining in Bauxite & Chromite, Conductors & Lithium-Ion batteries. The plan was released by Arun Kumar, IAS, Secretary, Ministry of Mines, in presence of Dr. K. Rajeswara Rao, Addl. Secretary, Shri N.K. Singh, Jt. Secretary, Ministry of Mines, Govt of India and Dr. Tapan Kumar Chand, CMD, NALCO, in New Delhi. K.C. Samal, Director (Finance), NALCO, & other officials of the Ministry of Mines & NALCO, were also present on the occasion.

free stat counter