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NALCO’s Panchpatmali Mines reaches capacity utilisation

Updated: April 3rd, 2019, 23:13 IST
in Business
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Bhubaneswar: National Aluminium Company Limited (NALCO) has recorded capacity production at its Panchpatmali Mines with 74.14 lakh MT of bauxite mined in 2018-19, the highest since inception.

According to a report published by Nalco, the company has recorded all-round success in FY 2018-19. “Bauxite transportation has gone up to 72.31 lakh MT, which is also highest ever since inception. Company’s Alumina Refinery has produced highest-ever 21.53 lakh MT of Alumina Hydrate and set a new record. Steam & Power Plant (SPP) of Alumina Refinery achieved highest ever net power generation,” the report says.

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It further says: “Aluminium Smelter achieved highest cast metal production of 4.40 lakh MT in the last 8 years. Nalco’s smelter has produced highest-ever wire rod, billet, green anode, rodded anode, T-Ingot since inception. Wind power generation of 363 MU is also highest ever since inception.”

Nalco’s smelter has also achieved a Specific Electrical Energy Consumption of 13,370 KWH per tonne of aluminium in the FY 2018-19, which played a significant role in reduction of input cost and saving of Rs 54 crore to the company. It was told that the Captive Power Plant of NALCO has reduced the Specific Consumption of coal from 0.818 kg/kWh to 0.792 kg/kWh, resulting in a saving of Rs52 crore.

Moreover, the Navratna CPSE ended financial year 2018-19 with a strong performance in domestic sale which is highest-ever since inception. According to Nalco authorities, total metal sale of 4.41 lakh MT registered a growth of 3.5 per cent over last year and also domestic sale of metal of 4.02 lakh MT registering a growth of 14.9 per cent over last year are highest ever since inception.

—pti

Tags: NALCONational Aluminium Company
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