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 (India) Limited (now known as Vedanta Limited).
Producing 15% of the country’s aluminium today, BALCO produces nearly 6 lakh tons of Aluminium per annum.
The power production capacity at BALCO has also reached 1740 MW per annum from 270 MW at the time of disinvestment.
BALCO envisions an award-winning sustainable development approach using smart technology for energy-efficient and safe operations. It has also pioneered many initiatives to empower the community in Korba.
Read More
