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National Aluminium Company Ltd

NSE: NATIONALUM BSE: 532234

354.20

(-8.11)%

Sun, 01 Feb 2026, 06:44 pm

national aluminium company ltd History

1980

  • Memorandum of Understanding signed in January with Government of India and Aluminium Pechiney of France for alumina-aluminium complex.
  • Undertook 6th captive power plant of 120 MW.

1981

  • Incorporated on January 7 as wholly owned Government of India enterprise.

1993

  • Signed project cooperation agreement with Hydro Aluminium AG for 0.9 million tpa export-oriented plant study.
  • Allotted 128,861,920 shares.

1994

  • Proposed bauxite mine expansion to 4.8 million tpa and alumina refinery to 13.5 lakh tpa.
  • Proposed smelter expansion from 2.3 lakh tpa and power from 720 MW to 960 MW; debottlenecking under implementation.
  • Setting up 950 kg annual gallium metal extraction facility at Damanjodi.

1995

  • Undert took 26,000 TPY strip casting facility at Angul smelter.
  • Undert took 20,000 TPY special alumina plant at Damanjodi.
  • Undert took 10,000 TPY Zeolite-A plant at Damanjodi.
  • Undert took 1,000 kg per annum 5N purity gallium plant at Damanjodi.
  • Planned 100% EOU for aluminium rolled products with IAPL.
  • Disinvested 35,000,900 equity shares as of March 31.

1996

  • Government approved expansion of bauxite mine to 48 lakh tonnes and alumina refinery to 15.75 lakh tonnes on December 18.
  • PIB cleared smelter expansion to 3.45 lakh tonnes and power to 840 MW; CCEA approval awaited.
  • Closed Jagadhri stockyard; opened Bhiwandi stockyard; set up market development cell.
  • Explored diversification into special alumina, zeolite, aluminium cast wheels.

1997

  • Proposed conversion of 50% equity capital to debt.
  • Opened stockyard at Bhiwandi.
  • Received ISO 14001 certification for environmental excellence.
  • Signed agreement with NRDC for gallium manufacturing knowhow.
  • Entered agreement with NSDL for share dematerialisation.
  • Cabinet set to clear JV with Mukand Ltd.

1998

  • Power generation curtailed due to Gridco intake reduction.
  • NALCO won Capexil top export award for 1997-98, 11th consecutive time.

1999

  • Icra assigned LAAA rating to Rs 644 crore NCD issue.
  • NALCO setting up gallium extraction plant at Damanjodi.
  • NALCO to take over IAPL by buying out other stakes.
  • New records in bauxite mining, alumina production, and exports; metal production down due to pot failures at Angul.

2000

  • Icra retained Laaa rating for Rs 642.58 crore NCD issue.
  • NALCO to commission IAPL plant by March 2001 for value-added products.
  • Officers went on indefinite hunger strike from November 17.
  • Crisil reaffirmed AAA rating for Rs 644 crore NCD programme.

2001

  • Zeolite plant scheduled to start operations for detergent business.

2002

  • S Behuria appointed part-time official Director.
  • Alumina refinery capacity increased to 15.75 lakh tonnes.
  • DCA approved merger of IAPL with NALCO.
  • C V Venkataramana appointed Chairman-cum-Managing Director.
  • Cabinet panel approved NALCO disinvestment roadmap.
  • Hindalco acquired 4% stake in NALCO.
  • Government postponed NALCO divestment.
  • LN Mittal group quit NALCO disinvestment race.
  • Yankuang withdrew from NALCO disinvestment.
  • Government called off NALCO due diligence process.
  • Government restarted NALCO due diligence process.

2003

  • Commissioned 120 MW Captive Power Plant unit and 120 pots smelter for 57,500 MT aluminium.
  • Members approved delisting from Bhubaneswar, Delhi, Calcutta, and Madras exchanges.
  • NALCO won Niryat Shree award for 2000-01 and 2001-02.
  • Vyas Ji appointed Director.

2004

  • Madras Stock Exchange delisted NALCO securities effective December 22, 2003.
  • NALCO open offer to acquire 20% stake in Ondeo Nalco India.
  • Trading in 14.5% NCD Series-N2 suspended February 13 for part redemption.
  • NALCO received PIB nod for phase II expansion.
  • Delhi Stock Exchange delisted NALCO securities effective February 11.
  • Pyarimohan Mohapatra resigned from Board June 9.
  • G Upadhyaya took charge as CMD.

2005

  • NALCO inked agreement with NMDC.
  • NALCO received five-star export house status.
  • NALCO won Capexil award.
  • NALCO and Jindal cleared for aluminium plants in Vizag.
  • NALCO to build coal block in Orissa.

2006

  • NALCO won EEPC award.

2007

  • Joy Varghese appointed Director (Personnel & Administration) effective October 1.
  • A Sahay, S S Sohoni, and K S Raju appointed Part-time Non-official Directors.

2008

  • S Vijay Kumar appointed Part-time Official Director effective January 23.
  • Panchpatmali Bauxite Mines won Pollution Control Excellent Award 2008.

2009

  • A K Sharma appointed Director (Production) effective May 1.
  • C R Pradhan appointed Chairman-cum-Managing Director effective August 3.
  • P K Padhi appointed Director (P&T) effective September 3.
  • Ansuman Das appointed Director (Commercial) effective October 28.
  • Alumina Refinery won Pollution Control Excellence Award 2009.
  • Alumina Refinery won 2nd Best Practice in Environment Management by CII.

2010

  • NALCO approved for new bauxite mining lease in eastern India.
  • NALCO won EEPC Gold Trophy for 2007-08 exports.
  • NALCO received Best Listed Central Public Sector Enterprises Award.

2011

  • NALCO invested Rs 274 crore in wind power project at Gandikota, Andhra Pradesh.
  • NALCO to acquire 49% stake in Kakrapar nuclear power plant phase II for Rs 1700 crore.
  • Company split share face value from Rs 10 to Rs 5.
  • Company issued 1:1 bonus shares.

2012

  • Ansuman Das appointed Chairman-cum-Managing Director effective August 29.

2013

  • Board recommended final dividend of 10%.

2014

  • NALCO unit won National Energy Conservation Award.

2015

  • NALCO awarded for proactive climate change action.
  • NALCO instituted awards for Eminent Sanskrit Scholars.
  • NALCO instituted NALCO Smiles Award.
  • NALCO won Odisha Inc Best Brand Award.
  • NALCO Refinery won Business Excellence Star Award.
  • NALCO won Performance Excellence Award.
  • NALCO instituted Green Awards for Engineering Excellence.

2016

  • NALCO signed MoU with IMIDRO for aluminium smelter in Iran.
  • NALCO signed MoU with NTPC for power projects and business collaborations.

2017

  • NALCO signed MoU with Government of India for higher production targets.
  • NALCO won Appreciation Award in large mines category.
  • NALCO launched drinking water kiosks at Puri under Swachh Iconic Shrine Project.
  • NALCO won Kalinga CSR Award 2017.
  • NALCO won CII-EXIM Bank Business Excellence Award.
  • NALCO launched Strontium Modified Aluminium Billets.
  • NALCO Mines division won awards at Mines Safety Week.

2019

  • NALCO won Dun & Bradstreet Award for export performance.
  • NALCO launched Aluminium Alloy AA 1200.
  • NALCO won Swachh Bharat Award.
  • NALCO, HCL, and MECL formed JV for critical minerals acquisition.

2020

  • NALCO received mining lease for Utkal-D Coal Block.
  • NALCO won ICC PSE Excellence Award in CSR category.

2021

  • NALCO won IIM Non-Ferrous Best Performance Award 2020-21.
  • Panchpatmali Bauxite Mine awarded Pollution Control Excellence Award 2021.

2022

  • NALCO and BARC released India's first Bauxite CRM.
  • NALCO won Golden Peacock National Award for Sustainability.

2023

  • NALCO started commercial sale of mechanized sow ingots in domestic market.

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