NALCO Share Price Target 2022, 2023, 2024, 2025, 2030

Earnwarns27 Jul, 2023Finance

National Aluminum Company Limited, or NALCO, was founded in 1981. The company?s headquarters are in Bhubaneswar, Odisha. One of the country?s biggest integrated bauxite-alumina-aluminum-power complexes is NALCO. / The Government of India currently owns 51.28% of the paid-up equity capital. The company operates a 68.25 lakh TPA bauxite mine, a 21.00 lakh TPA (normative capacity) alumina refinery at Damanjodi, Koraput district, Odisha, and a 4.60 lakh TPA aluminum smelter and a 1200 MW captive power plant in Angul, also in that state. NALCO has erected 800 kWp rooftop Solar Power Plants at its facilities and 198 MW Wind Power Plants at various sites throughout India as part of its green drive to work towards carbon neutrality.

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