Question

National Aluminium Company Limited, abbreviated as NALCO, incorporated in 1981 has
integrated and diversified operations in mining, metal and power. It is one of the largest
integrated Bauxite-Alumina-Aluminium-Power Complex in the country encompassing
bauxite mining, alumina refining, aluminium smelting and casting, power generation, rail
and port operations. Presently, Government of India holds a 51.5% equity in NALCO.
Enumerate the merits of this form of public sector enterprise.

Answer 1

Explanation:

National Aluminium Company Limited (NALCO) is a Navratna CPSE under Ministry of Mines. It was established on 7th January, 1981, with its registered office at Bhubaneswar. The Company is a group 'A' CPSE, having integrated and diversified operations in mining, metal and power.

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