Nalco targets to procure goods and services worth Rs 300 crore from MSEs in FY15

National Aluminium Company (Nalco) is aiming to procure goods and services worth Rs 300 crore from the micro and small enterprises (MSEs) in 2014-15. In percentage terms, this constitutes 19.5% of the total annual procurement of the company estimated at Rs 1,540 crore for the year. The list of items to be procured from the MSEs, however, excludes steel, cement, coal and fuel.

The MSEs from which the other items will be sourced, include the units promoted by SC/ST entrepreneurs, who will be supplying the company Rs 1 crore worth of goods and services in the current fiscal.

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.