L o a d i n g
Ham Abstract

Bharat Aluminium Company Limited (BALCO)

Aluminium Sadan, Core - 6, Scope Office Complex, Lodi Road, New Delhi - 110003

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Ham Abstract

Overview

BALCO is one of the leading contributors to India’s progress, for its excellence in Aluminium

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Founded in 1965 with the foundation stone laid by Mr. Jawaharlal Nehru, BALCO has played a vital role in shaping the Indian aluminium industry. Originally a public sector undertaking (PSU), BALCO’s journey took a significant turn in 2001, when the Government of India disinvested 51% of its shares to Sterlite Industries (India) Limited, now Vedanta Limited.

BALCO is part of Vedanta’s Aluminium Business, a division of Vedanta Limited, which is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.37 million tonnes in FY24.

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First integrated Aluminium industry in India.

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First to establish a Captive Power Plant.

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First to venture into +300 kA Prebake pots.

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First to produce alloy rods for conductors used in the power transmission industry.

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First to roll material for the aerospace sector in the country.

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First to produce the largest billet with a diameter of 800 mm and length of 6 meters.

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First to set up the widest Hot Rolling Mill.

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Our Products

High Quality Aluminium,
Setting New Standards of Excellence

BALCO, a unit of Vedanta Aluminium, is India’s iconic producer of high-quality aluminium, powering sectors from automotive to construction. With an annual capacity of 5.7 lakh tonne, and progressing towards 1 million tonne, our products are trusted for their strength, consistency, and sustainability. From casting alloys to wire rods, we deliver solutions that meet global benchmarks and customer expectations alike.

BALCO is one of the leading wire rod manufacturers in the world. Our mills are fully equipped with in-line degassing and filtration systems to ensure good internal metal quality and cleanliness.

BALCO produces Primary Aluminium ingots that are re-melted to produce a variety of end products covering the entire spectrum of aluminium applications using the state of art technology.

BALCO is equipped to deliver high quality rolled products in segments with application in automobiles, insulations, bus bars, power projects, electrical, packaging etc.

BALCO supplies Primary Foundry alloys in many industry segments. The casting facility has metal treatment facilities of Degassing & Metal Filtration Unit & Vertical Chill Casting Technology for AlSi.

Sustainability

Sustainable development is an integral part of our business philosophy and represents core commitment of our management and employees.

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Net Zero Carbon by

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Sustainability at BALCO is aligned with Vedanta’s broader strategy and is built upon four core pillars:

Approach
Responsible Stewardship

Ensuring effective business processes for robust compliance and risk management, protecting health and safety of our employees and managing our environment impacts.

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Building Strong Relationships

Ensuring direct and indirect positive impact to employees, communities, investors, suppliers and the government.

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Adding and sharing value

Value helps us maintain a license to operate. Ensuring direct and indirect positive impact to employees, communities, investors, suppliers, and the government.

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Strategic Communications

Empowering Rural Development through Inclusive and Responsible Engagement.

Report on the Audit of the
Financial Statements

Financial Statement 2023-24
Financial Statement 2022-23
Financial Statement 2021-22

Metal of the Future

Since 1965, BALCO has been at the forefront of this transformation as India’s iconic aluminium producer. Now, with BALCO on the path to joining the 1 Million Tonnes Per Annum (MTPA) club, it is significantly expanding its production capacity to meet the growing global demand for aluminium.

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Building Strength Through
PEOPLE

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Promoting Organisational Success Through Commiting Team-Work

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