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The Government of India
- National Aluminium Company Limited (abbreviated as NALCO; incorporated in 1981) is an Indian public sector company having integrated and diversified operations in mining, metal and power. Presently, the Government of India holds a 51.28% equity stake in NALCO, while the Ministry of Mines has administrative control over the company.
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Owner. Government of India (51.50%) [2] Number of employees. 6,496 (April 2019) [3] Website. nalcoindia.com. National Aluminium Company Limited (abbreviated as NALCO; incorporated in 1981) is an Indian public sector company having integrated and diversified operations in mining, metal and power.
Currently, the Indian government owns 51.28% of NALCO’s equity capital. The Company has been operating its captive Panchpatmali Bauxite Mines for the pit head Alumina refinery at Damanjodi, in the District of Koraput in Odisha and Aluminium Smelter & Captive Power Plant at Angul.
Shri Sridhar Patra joined the Company as Director (Finance) on 01.09.2018. He resumed the office of Chairman-cum-Managing Director w.e.f. 01.12.2019. Before joining NALCO, he had served as Director (Finance) of THDC India Limited for more than 5 years.
Information on acquisition, funding, investors, and executives for Nalco Water. Use the PitchBook Platform to explore the full profile.
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Company History - National Aluminium Company Ltd. 1980. - A Memorandum of Understanding was signed in January, by the Government of India for technical collaboration and financing of an integrated alumina-aluminium complex with Aluminium Pechiney of France. - NALCO presently has its units of captive power plants (each of 120 MW capacity).
Nalco Holding Company: Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | TRADEGATE EXCHANGE: | TRADEGATE EXCHANGE.
Jul 20, 2011 · Who owns Nalco? Nalco is owned by Ecolab. It was acquired on July 20, 2011. Was Nalco formerly PE-backed? Yes. Nalco was formerly owned by 3 private investors.