BALCO Shaping the Metal of the Future with Innovation
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.
BALCO is a leader in value-added aluminium products that find critical applications in core industries. Major operations are based in the town of Korba, Chhattisgarh, where a 1740 MW power generation facility supports both BALCO’s operations and contributes to Chhattisgarh state’s energy needs. The company is playing a crucial role in introducing aluminium as a potential alternative to other metals like steel in construction and copper in the power transmission industry. Its finishing lines are capable of producing high-quality ingots, wire rods, busbars, and rolled products, which are integral to several key sectors.
