PSU NEWS
NALCO inks pact with ministry for higher production, sales
Bhubaneswar,National Aluminium Company Limited (NALCO) has signed an MoU with Union Ministry of Mines regarding financial and non-financial targets for 2014-15.
The MoU was signed between Anup K Pujari, Secretary, Ministry of Mines and Ansuman Das, CMD, NALCO, in New Delhi, yesterday, a company release said here today.
As per MoU, the net sales turnover target has been fixed at Rs 6,925 crore. As regards physical performance, NALCO has an annual production target of 68.25 lakh tonnes of bauxite, 21.65 lakh tonnes of alumina, 3.15 lakh tonnes of aluminium and power generation of 5001 million units, it said. Business Line .
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