National Aluminium Company Limited (NALCO), India's leading manufacturer-exporter of alumina and aluminium, has bagged the Engineering Export Promotion Council (EEPC) All India Export Award in the category `Star Performer for 2005-06'.
The award was received by C.R. Pradhan, Chairman-cum-Managing Director of NALCO from Kamal Nath, Union Minister of Commerce and Industry at a function held in New Delhi on Friday.
Nalco has played a pioneering role in the export of alumina and aluminium from India. Since inception, the company has been constantly increasing its exports and forex earnings.
During the financial year 2005-06, the company exported 8.62 lakh tonnes of alumina and 95,747 tonnes of aluminium earning a foreign exchange of Rs 2306.20 crore. The company also achieved record export earning of Rs.2585.40 crore during 2006-07.
The company's products are exported to more than 30 countries. It is the first Indian Company to be registered with London Metal Exchange (LME) and has ISO-9000-2001 and ISO-14001 certifications for all its units like mines, alumina refinery, aluminium smelter and captive power plant.
The company is currently implementing its 2nd phase expansion programme at an investment of Rs 5100 crore which will enhance the alumina production capacity to 21 lakh tonnes and aluminium capacity to 4.60 lakh tonnes.