NALCO , a Navratna CPSE under the Ministry of Mines, Government of India, held its 44th Annual General Meeting (AGM) in Bhubaneswar, showcasing a year of unprecedented success and outlining a future-focused strategy.

Record-Breaking Financial Performance

NALCO reported exceptional financial results:

• Highest-ever revenue from operations at ₹16,788.00 crores, a 28% increase year-over-year
• Record net profit of ₹5,325.00 crores, up 158% from the previous year
• Earnings per Share rose to ₹28.99 from ₹11.22
• Total dividend payout of ₹1,928.47 crore, representing a 210% dividend

Operational Excellence

The company achieved several operational milestones:

• Highest-ever Bauxite excavation of 76.48 lakh tonnes
• Alumina hydrate production of 20.76 lakh tonnes
• Aluminium production reaching 4.60 lakh tonnes
• Record domestic metal sale of 4,54,600 MT
• Captive Power Plant's highest-ever net generation of 6,641 MU

Future Strategy and Growth Initiatives

Chairman-cum-Managing Director Brijendra Pratap Singh outlined NALCO's strategic focus areas:

1. Expansion Projects: The 5th Stream (1 MTPA) is 75% complete, with commissioning expected in early FY 2026-27. The Pottangi Bauxite Mines, supporting this expansion, has secured all clearances.

2. Resource Security: The Utkal D&E Coal Mines supplied 28.2 lakh tonnes, ensuring captive power security.

3. Capital Expenditure: NALCO invested ₹1,396.00 crore in CAPEX, emphasizing growth and modernization.

4. Digital Transformation: The company is migrating to SAP S/4 HANA and has launched several mobile applications to enhance stakeholder engagement.

5. Sustainability and CSR: NALCO spent ₹61.30 crore on CSR activities, focusing on education, healthcare, and community development.

6. Human Resource Development: The company provided 12,777 man-days of training and engaged 992 apprentices, representing 20% of its workforce.

Industry Outlook and NALCO's Position

Singh highlighted the robust growth potential in the Indian aluminium sector, projecting domestic demand to grow at a CAGR of 7.6% till 2030. This growth is expected to be driven by electric vehicle adoption, infrastructure development, and the renewable energy sector.

NALCO's integrated business model, strong raw material linkages, and focus on sustainability position it well to capitalize on these opportunities. The company aims to play a pivotal role in India's journey towards becoming an economic powerhouse, aligning with the aspirations of Aatmanirbhar Bharat and Viksit Bharat.

Challenges and Future Focus

While acknowledging the positive outlook, Singh also addressed challenges such as global price fluctuations, energy costs, and sustainability norms. He emphasized the need for accelerated technology adoption, cleaner energy transition, greater value addition, and enhanced resilience against global disruptions.

As NALCO looks to the future, it remains committed to leveraging its strengths, expanding its global reach, and enhancing efficiencies. The company's strategy balances immediate growth with sustainable value creation, focusing on brownfield expansions and forward/backward integration to maintain its leadership in the aluminium sector and contribute to India's industrial growth.

With its strong performance, strategic initiatives, and focus on innovation and sustainability, NALCO is well-positioned to navigate the evolving landscape of the global aluminium industry while playing a crucial role in India's economic development.

NALCO , a Navratna CPSE under the Ministry of Mines, Government of India, recently organized a high-profile roadshow to promote the Angul Aluminium Park Pvt. Ltd. (AAPPL) in Bhubaneswar, Odisha. The event aimed to attract investors and showcase the potential of this strategic aluminium hub.

Joint Venture and Strategic Importance

AAPPL is a joint venture between NALCO and the Odisha Industrial Infrastructure Development Corporation (IDCO), designed to develop a dedicated industrial park in Angul, Odisha. The park spans 223 acres and is set to expand to over 600 acres, offering world-class facilities including advanced road connectivity, efficient transportation, uninterrupted power and water supply, administrative offices, training centers, and laboratories.

Key Highlights of the Roadshow

• Government and Industry Participation: The event brought together government officials, industry leaders, and investors. Shri Hemant Kumar Sharma, IAS, Additional Chief Secretary of the Industries Department, Government of Odisha, was the Chief Guest, alongside Shri Brijendra Pratap Singh, CMD of NALCO.

• NALCO's Commitment: NALCO announced it would supply 50,000 tonnes of hot metal annually to downstream industries at the park, promoting cost-effective production and improved competitiveness.

• Odisha's Aluminium Potential: Odisha currently produces 72.00% of India's primary aluminium but has low downstream output, presenting significant growth opportunities.

• Investor Interest: The roadshow attracted over 100 participants, including investors, entrepreneurs, and industry associations. Three industries have already been attracted to the park, with four more in the pipeline.

Government Support and Policies

Shri Hemant Kumar Sharma highlighted the state's commitment to fostering downstream and ancillary industries under its progressive Industrial Policy. He mentioned several initiatives to support investors, including:

• GST reduction
• Investor-friendly policies
• Active support for entrepreneurs

Future Outlook

The roadshow reaffirmed Odisha's vision and NALCO's dedication to establishing AAPPL as a vibrant industrial hub. The park is expected to promote investment, innovation, and employment generation in the region.

Shri Jagdish Arora, Director (P&T) of NALCO, expressed confidence in the park's potential, while Shri Manikanta Naik, MD of Tata Steel SEZ, drew parallels with the success of Gopalpur Industrial Park, suggesting that AAPPL could match or exceed its achievements.

As aluminium continues to be viewed as a "future metal" with applications across packaging, appliances, transport, EVs, and aerospace, the Angul Aluminium Park is positioned to play a crucial role in India's industrial growth and Odisha's economic development.