National Aluminium Company (Nalco) has reported a growth of 5.8% in its aluminium sales in the April-September period, overcoming sluggish market conditions. The state-run aluminium company has sold 181,000 tonne of aluminium in this period against a production figure of 188,000 tonne. The company has also registered a growth on 8.5% in Alumina hydrate sales during the same period at 581,000 tonne out of a total production figure of 968,000 tonne.
In terms of production, the state-run company’s performance was stellar, especially bauxite mining, which increased 23.6% at 3.5 mt. Aluminium output by the navratna company jumped 4.2% higher than the corresponding period of last fiscal. In the period under review, the company’s net power generation went up 3.6% to reach 2945 million units.
Moreover, the company generated 130 million units of wind power, marking a growth of 14.7 per cent over the comparable period of 2015-16.
Nalco has the largest integrated alumina-aluminium complex of Asia. Its integrated operations cover the entire aluminium production value chain from mining bauxite, refining alumina, smelting aluminium, captive power generation to a strong logistic network in terms of rail & port facilities, coal mining and handling plant to support its operations and to become one of the most cost-efficient aluminium companies across the globe.