Thu. Oct 21st, 2021

NALCO to augment production to beat margin erosion

NALCO

National Aluminium Company Limited (Nalco) produced record-breaking 63.40 lakh tons of bauxite and 19.53 lakh tonnes of alumina at its Mines and Refinery, in the 2015-16 fiscal year. In order to celebrate this excellent achievement, Dr Tapan Kumar Chand, CMD, Nalco, visited Damanjodi Mines & Refinery Complex, along with having a round up of some important places around the vicinity.

 

As a token of appreciation and acknowledgement of the efforts made his collogues, Dr Chand felicitated 30 outstanding achievers of both the units, ranging from Operators to Assistant General Managers with CMD Excellence Awards.

 

“Excellence is a journey, never a destination. Now, the journey of Nalco has begun, which would make the company a truly global player in mining, metal and energy sectors. With concerted efforts, in 2016-17, we shall achieve the target of producing 68.25 lakh tons of bauxite, an increase of 7.1% and 21.50 lakh tonnes of alumina, an increase of 9.2% as compared to last fiscal,” said Dr Chand in his address. Describing 2015-16 as a landmark year, he further said that there would be a major turnaround in the business plan of the company to meet the turbulent business environment. “Hitherto, Nalco was regulating its production to tide over the crisis, but now the company is braving it out by augmenting production to beat margin erosion,” he added.

 

During his 2-day tour, Dr Chand attended a series of meetings and programmes, interacting with representatives of workers’ unions, officers’ associations, school authorities, socio-cultural bodies, industrial security forces, as well as people from periphery villages and top officials of district administration.

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