Know BALCO

Profile

BALCO was incorporated in year 1965 as the first Public Sector Undertaking (PSU) in India and since then it has been closely associated with the Indian Industrial Growth, in a pivotal role. In 2001 Govt. of India disinvested 51% shares of Bharat Aluminium Company Limited (BALCO) to Sterlite Industries Limited a subsidiary of Vedanta Limited.

Highlights

  • Government of India (GoI) divested 51% equity in the year 2001 in favour of Sterlite Industries (I) Limited. Remaining 49% is with GoI.
  • Superior Quality and Craftsmanship
  • BALCO is playing a crucial role in introducing Aluminium as a potential alternative to other metals like Steel in construction, and Copper in power transmission industry.
  • Major operations of BALCO are in the town of Korba (Chhattisgarh), whereas its mines supplying high grade Bauxite are situated at Kawardha and Mainpat.
  • The smelter capacity (installed capacity 100 KTPA), based on Soderberg Process, is being revamped to produce 345 KTPA through modern Prebake Technology.
  • After disinvestment, a smelter of capacity 245 KTPA has been established in the year 2004.
  • The smelter plants are being supported by uninterrupted power supply through Captive Power Plants - 270 MW at Jamnipali, Korba and 540 MW at smelter site.
  • New power plant with rated capacity of 1200 MW. Commence its operation from 2016.
  • Finishing lines are capable of producing high quality Ingots, Wire Rods, Busbars and Rolled products.

Several FIRSTS to its credit in India

  • First integrated Aluminium Industry
  • First to have Captive Power Plant
  • First to venture into + 300 kA Prebake pots
  • First to produce Alloy Rods for conductors used in power transmission industry
  • First to roll material for Aerospace in the Country
  • First to produce largest Billet of diameter – 800 mm, length - 6 mt
  • First to set up the widest Hot Rolling Mill