Bharat Aluminium Co. Ltd. (BALCO) was incorporated in the year 1965 as a Public Sector Undertaking (PSU) and since then the Company has been closely associated with the Indian Aluminium Industry, in a pivotal role.
Highlights
Government of India (GoI) divested 51% equity in the year 2001 in favour of Sterlite Industries (I) Limited. Remaining 49% is with GoI.
BALCO is playing a crucial role in introducing Aluminium as a potential alternative to other metals like Steel in construction, and Copper in power transmission industry.
Major operations of BALCO are in the town of Korba (Chhattisgarh), whereas its mines supplying high grade Bauxite are situated at Kawardha and Mainpat.
The smelter capacity (installed capacity 100 KTPA), based on Soderberg Process, is being revamped to produce 345 KTPA through modern Prebake Technology.
After disinvestment, a smelter of capacity 245 KTPA has been established in the year 2004.
The smelter plants are being supported by uninterrupted power supply through Captive Power Plants – 270 MW at Jamnipali, Korba and 540 MW at smelter site.
New power plant with rated capacity of 1200 MW is expected to commence production by the last quarter of 2011.
ยท Finishing lines are capable of producing high quality Ingots, Wire Rods, Billets, Busbars and Rolled products.