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NALCO inks MoU with Government of India for FY 2018-19

15 May 2018 Evaluate

National Aluminium Company (NALCO) has signed MoU with the Ministry of Mines, Government of India, setting highest ever target of Rs 9,350 crore revenue from operations for FY 2018-19 which is 15% higher than last year.

The MoU has also set a target of 2.1 million tons for production of Alumina with 100% capacity utilisation & an optimum Aluminium production target of 4.15 lakh tonnes. It sets a target of reduction in net carbon consumption as part of improvement in production efficiency, apart from giving thrust to commercialization of new R&D products. The company has set a challenging capital expenditure target of Rs 1,100 crore for the year 2018-19.

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.

National Aluminium Share Price

401.80 -2.25 (-0.56%)
08-May-2026 16:59 View Price Chart
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Company Name CMP
National Aluminium 401.80
Maan Aluminium 148.20
Arfin India 96.20
Manaksia Aluminium 36.81
PG Foils 210.00
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