National Aluminium Company Limited (NALCO) was incorporated in 1981, as a public sector enterprise under Ministry of Mines, Government of India. NALCO is Asia’s largest integrated aluminium complex, encompassing bauxite mining, alumina refining, aluminium smelting and casting, power generation, rail and port operations. Nalco was accorded the Navratna status in April, 2008.
The companylast year decided to foray into renewable energy generation and in this regard had invited bids for a 50 MW power plant at an estimated investment outlay of Rs 300 crore. The company had called for bids on a built-operate-transfer (BoT) and the bid was for Engineering, Procurement and Construction (EPC) contract of 50 MW capacity wind energy project at suitable site in any wind potential state in India with its comprehensive Operation & Maintenance for 20 years.
In June last year, Suzlon had won the bid for the 50.4 megawatt order from National Aluminium Co Ltd .
According to reports, NALCO has set targets to establish and commission Nuclear Power Project in JV with Nuclear Power Corporation of India Ltd. (NPCIL), 2nd Wind Power Project of 50 MW capacity and a 15 MW Solar Power Project.