Bharat Aluminium Co. Ltd. (BALCO) was incorporated
in the year 1965 as a Public Sector Undertaking (PSU). BALCO
has several “firsts” to its credit. It is the
first public sector enterprise in the country which started
producing aluminium in 1975. In 1987-88, a captive power plant
of 270 MW was added to cater to the power requirement of the
unit. BALCO has been the first in the Indian Aluminium Industry
to produce the Alloy Rods, which is a Feedstock for all Aluminium
Alloy Conductors, needed for today’s power
transmission lines. Till 2001, BALCO was a public sector enterprise
owned 100% by Government of India (GoI). In the year 2001,
GoI divested 51% equity and management control in favour of
Sterlite Industries (I) Limited.
In the last 41 years, BALCO has built up a production capacity
of 200,000 tonnes per annum of alumina production capacity, 350,000
tonnes per annum of smelting capacity and expanded its fabrication
facility to include three Properzi Rod Mills, three pig casting
machines, integrated hot and cold rolling mills, and captive
power plants of 810MW capacity.
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