NALCO’s Performance Highlights for FY 2020-21

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By Our Correspondent

BHUBANESWAR: Despite the adverse conditions prevailing due to Covid pandemic, Mines Ministry CPSE, Bhubaneswar headquarters NALCO’s Net Profit for FY 2020-21 has jumped by 840% to Rs.1299.53 crore compared to Rs.138 crore in FY2019-20.Achieved highest ever Bauxite production (73.65 Lakh tonne) since inception in FY 2020-21.

Highest ever export metal sale of 1.92 lakh tonne achieved surpassing the previous best of 1.47 lakh tonne achieved decade back in 2009-10.

Mining Lease deed of Utkal-D Coal block executed in March, 2021.Total procurement through GeM portal is Rs. 343.19 Crores in FY 2020-21, against Rs. 8.42 crores achieved in 2019-20.

Against mandated procurement target of 25% from MSEs, NALCO achieved 30.42% of total procurement in FY 2020-21. Performance Highlights for FY 2021-22 (Till Nov’2021). The Company achieved Net Profit of Rs.1, 095 Crore during H1 FY 2021-22 against Rs.124 Crore achieved in corresponding period of previous year.

Highest ever Aluminium cast metal production of 2,26,029 MT since inception surpassing the previous H1 highest of 2,21,208 MT in the FY 2010-11.

Lean Slurry ash disposal system of CPP to mines void has been commissioned in July’2021. This facilitates environment friendly ash disposal.NALCO’s Panchpatmali Bauxite Mines was awarded 5 Star Rating by Ministry of Mines for sustainable Mining in Nov’2021.

Alumina Refinery bagged the CII EXIM Bank Business Excellence Platinum award & Panchpatmali Bauxite Mines received the award in Gold plus category at CII National Quality Summit.

NALCO has been granted mining lease of Utkal-E coal block over an area of 523.73 Ha by the Department of Steel & Mines, Government of Odisha on 12.04.2021. NALCO has bagged the Non-Ferrous Best Performance Award 2020-21 instituted by the Indian Institute of Metals (IIM), under the large scale manufacturing unit category in Nov’21.

NALCO’s Panchpatmali Bauxite Mine has been awarded the prestigious Pollution Control Excellence Award 2021 by the State Pollution Control Board, Odisha, for effective pollution control measures and sound environment management practices.

Major Activities taken up by the Company to help in fighting the Covid-19 Pandemic:

NALCO contributed Rs. 7.6 crore (including one-day salary of employees amounting to Rs.2.6 crore) to PM CARES Fund. The Company also contributed one-day salary of employees amounting to Rs.2.6 crore to CM’s Relief Fund, Odisha. Total contribution toward COVID-19 relief fund is Rs. 10.2 crore.

Funded 200 bedded exclusive COVID-19 hospital at Nabarangpur and 70 bedded SLNM College & Hospital at Koraput, Odisha.NALCO in convergence with Govt of Odisha, funded 150 Bedded District Covid Hospital at Angul District, Odisha.

Set up two exclusive COVID Care Centres (50 bed each), one each at Damanjodi and Angul and one COVID Care Centre at Bhubaneswar (20 bed). 25,70,000 capacity (dose) Covid vaccine Refrigerated Truck, two Ventilator Ambulance and Digital x-ray machine donated to Govt. of Odisha. NALCO’s contribution to the commemoration of Azadi Ka Amrit Mahotsav. NALCO to support and build 300 smart e-class rooms in Odisha as an academic developmental initiative.

NALCO, in association with NALCO Foundation reached out to an Old Age Home at Bhubaneswar and donated electronic utility items like refrigerator & mixer grinder, monthly ration, masks and sanitizers. NALCO is celebrating the Azadi Ka Amrit Mahotsav by organizing a number of activities among the school children. 

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