Bhubaneswar: National Aluminium Company Limited (NALCO), the Navratna CPSE, under Ministry of Mines, Govt. of India and country’s leading manufacturer and exporter of alumina and aluminium has recorded an all-round success in bauxite and alumina productions in Fiscal 2019-20.
It may be mentioned that with more than 100% capacity utilization, NALCO’s Panchpatmali Mines has achieved bauxite production of 73.02 lakh MT, which is highest ever since the company’s inception. Bauxite transportation has gone up to 73.02 lakh MT, which is also highest ever so far. Company’s Alumina Refinery has produced the highest-ever 21.61 lakh MT of Alumina Hydrate and set a new record. Steam & Power Plant (SPP) of Alumina Refinery has also achieved the highest ever net power generation.
The Aluminium Smelter of NALCO has achieved more than 90% capacity utilization with cast metal production of 4.18 lakh MT in spite of facing an acute coal crisis in the monsoon season and also the recent Coronavirus pandemic. Also noteworthy that the DC energy consumption at the company’s smelter plant was at the lowest in 2019-20.
Attributing, record performance to the teamwork and dedication of employees, Shri Sridhar Patra, CMD, NALCO said that in the on-going sluggish metal market, we would be able to tide over the downturn by continuing to keep our focus on bauxite mining and alumina refining arm, coupled with several cost reduction measures.
Worth mentioning that despite the COVID19 crisis, all units of NALCO are operating with reduced manpower and contributing to the national economy. The company is implementing adequate social distancing and sanitization measures in its plants and residential areas to safeguard its employees and workers against coronavirus exposure.