NALCO inks MoU with Mines Ministry for higher production,sales
Bhubaneswar: National Aluminium Company Ltd (NALCO) has signed an agreement with the Union Ministry of Mines regarding physical and financial targets for 2013-14 financial year.
As per the Memorandum of Understanding signed yesterday in New Delhi between Union Mines secretary R H Khwaja and NALCO Chairman and Managing Director Ansuman Das, the sales turnover target has been fixed at Rs 7,757 crore, which is about 10 per cent higher than that of the current fiscal, a company release said.
As regards physical performance, NALCO has been given an annual production target of 64.50 lakh tonnes of bauxite, 21.5 lakh tonnes of alumina, 4.05 lakh tonnes of aluminium and power generation of 6341 million units, it said.
Among new projects, the proposed milestones would be a new alumina refinery in Gujarat, addition of a new stream of 10 lakh tonnes in the existing alumina refinery based on Pottangi bauxite deposit, NALCO's third wind power project at Damanjodi and the solar power project at any suitable location in the country.
BJP leader Subramanian Swamy criticised the Aam Aadmi Party for taking support from the Congress. Swamy said that the AAP has committed suicide by opting for an alliance with the Congress.
Date 23-02-14, Duration 1:43, Views 44807
Date 23-02-14 1:43
Tooltip Information:AAP's alliance with Cong. a suicide: BJPVideo by:Description: BJP leader Subramanian Swamy criticised the Aam Aadmi Party for taking support from the Congress. Swamy said that the AAP has committed suicide by opting for an alliance with the Congress.Rating: 3.26Views: 44807
Date 26-04-14 4:34
Tooltip Information:Ramdev says Rahul goes to Dalit houses for picnics, Cong. reactsVideo by:Description: Yoga guru Baba Ramdev made a shocking statement on Friday that Congress vice President Rahul Gandhi goes to Dalit houses for picnics and honeymoon. Ramdev who is supporting the BJP in the Elections 2014 made the objectionable comments during a press conference in Lucknow. He attacked Rahul Gandhi's 'single' status saying that Rahul wanted to marry a foreigner but was stopped by his mother Congress Chief Sonia Gandhi. He further went on to say that Sonia Gandhi asked Rahul not to get married until he becomes the prime minister. Meanwhile, the Congress party has condemned the statement.Rating: 4.52Views: 9723
Date 11-04-14 3:09
Tooltip Information:CNN-IBN and Microsoft Analytics Center for LS 2014 ElectionVideo by:Description: Largest technology brand Microsoft has joined hands with India’s biggest media Channel CNN-IBN to set up an elections analytics center to help decode the Indian electionsRating: 4Views: 3150
Date 10-04-14 0:55
Tooltip Information:Microsoft and CNN-IBN Join Hands to Analysis the LS 2014 Polls TrendsVideo by:Description: World's largest technology brand Microsoft has joined hands with India’s biggest media Channel CNN-IBN to analyse the Lok Sabha elections 2014 trends.Rating: 4Views: 2642
Date 1 hr ago 3:48
Tooltip Information:Police detain husband in Kanpur woman murder caseVideo by:Description: Kanpur, July 29 (ANI): In Kanpur murder case, police on Tuesday detained the victim's husband Piyush Shyam Dashani. A CCTV footage raised suspicion on him. Police found inconsistencies in Piyush's statement, raising their suspicion.Rating: 4Views: 1
Date 1 hr ago 7:51
Tooltip Information:Ailing and corrupt education sector in Gilgit BaltistanVideo by:Description: Gilgit Baltistan, July 29: Though corruption is rampant in almost every government department in Gilgit-Baltistan, the education sector is the worst affected. This pitiable department has been playing in the hands of some notorious government officials and political figures for more than a decade. Hundreds of thousands of teachers have been inducted illegally in this period, among those majority has either fake degrees or they are under/over-age to meet the government's criteria.Rating: 4Views: 0