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EEPC star performer export award for NALCO

Monday, Aug 11, 2008
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  Kalinga Times reported that National Aluminum Company Limited, a Navratna PSU, has bagged the Engineering Export Promotion Council's prestigious All India Export Award being adjudged as the Star Performer in large enterprise category for its outstanding export performance during the year 2006-2007.   The award was received by company's Director Mr KK Mallick from union minister of External Affairs Mr Pranab Mukherjee at a function held in Kolkata on Saturday.   Mr Mallick said that NALCO had played a pioneering role in the export of alumina & aluminum from India. He said that since the beginning, the company has been constantly increasing its exports and FOREX earnings. During the 2006 or 2007 fiscal, the company exported 0.773 million tonnes of alumina and 93,122 tonnes of aluminum, earning an all time high foreign exchange of INR 2585 crore.   According to Mr Mallick, NALCO products are exported to more than 30 countries. The company exports around 54% of the alumina produced after meeting its captive consumption for production of aluminum metal. Presently, around 30% of metal production is exported and remaining 70% is sold in the domestic market.   Source:Steelguru

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