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As of 2019, GCM Industry and its affiliated companies have 5 advanced mining machine production bases and one production base under construction, with a total production area of 1,200,000 square meters, which can better meet more needs of global customers in the future.

 

Beginning in 1987, GCM industry has developed steadily and steadily in the field of mining machines, and has gradually formed a complete R&D, production, sales and service system.

Click the links below for detailed information about our areas of expertise and broad range of equipment offerings.

NALCO announces 40% dividend to 467 cr for 2015-16 ...

NALCO has set a capex target of Rs.1021 crore for 2016-17, which includes projects like development of Utkal D & E Coal Blocks, Wind Power Projects of 50 MW each in Maharashtra and Rajasthan, addition of 5th stream in the existing Alumina Refinery at Damanjodi, Koraput, a 20 MW Solar Power Project in Madhya Pradesh, other expansion and ...

NALCO inks MoU with Government of India for FY 2018-19 ...

May 15, 2018· • Sets capacity utilization in Alumina, Rs.1100 cr CAPEX & Higher Targets in production & productivity New Delhi: Aluminium major & Navratna CPSE National Aluminium Company Limited (NALCO) has signed MoU with the Ministry of Mines, Govt. of India, setting highest ever target of Rs 9350 crore revenue from operations for FY 2018-19 which is 15% higher than last year.

NALCO News: Latest News Updates on NALCO, NALCO News …

Reliance Money has recommended a reduce rating on National Aluminium Company (NALCO) with price target of Rs 292. Q110 results for National Aluminium ... Capex for FY10 at Rs 1390 cr: NALCO

NALCO draws Rs 17,000 cr expansion plan

Jun 26, 2019· The project has already received clearance from Niti Aayog in March 2019. The financial closure plan of the project is being worked out. The company in JV with Gujarat Alkalies and Chemicals (GACL) is also setting up a caustic soda plant in Gujarat with Rs 2,000 crore investment. The land for the project has been transferred.

NALCO - Latest News on NALCO | Read Breaking News on Zee News

Nalco capex down by 32% at Rs 1,181 cr for 2014-15. Aluminium producer Nalco' capital expenditure target has been pruned by 32 percent to Rs 1,181 crore for 2014-15 due to repeated failure of the PSU in meeting targeted expenditure in previous years. Feb 23, 2014, 15:38 PM IST

NALCO to Invest Over Rs 65,000 Cr for New Projects

Sep 27, 2015· NALCO to Invest Over Rs 65,000 Cr for New Projects . ... Alumina Refinery Project of Rs 5,500 crore can immediately be started, the CMD said …

Nalco capex down by 32% at Rs 1,181 cr for 2014-15 - Zee News

Feb 23, 2014· Nalco capex down by 32% at Rs 1,181 cr for 2014-15. Aluminium producer Nalco' capital expenditure target has been pruned by 32 percent to Rs 1,181 crore for 2014-15 due to repeated failure of the PSU in meeting targeted expenditure in previous years.

Nalco capex down by 32pc at Rs 1,181 cr for 2014-15 ...

Aluminium producer Nalco' capital expenditure target has been pruned by 32 percent to Rs 1,181 crore for 2014-15 due to repeated failure of the PSU in meeting targeted expenditure in previous years.

Press Briefs - NALCO

NALCO'S Q 1 NET PROFIT UP 32% AT Rs. 377 cr. SALES TURNOVER UP 33% AT Rs. 1851 cr. Bhubaneswar, 12.08.2011: Navratna PSU under Ministry of Mines, Govt. of India and country's leading producer and exporter of alumina and aluminium, has reported impressive results in the 1st quarter ended June 30. The net profit has jumped by 32% to Rs.377 ...

Global Benchmarking helps NALCO double its Net Profit ...

Estimated project cost: Rs. 100 cr, Expected Starting: FY 2019-20; 60,000 MTPA capacity Alloy wire rod plant at its Smelter in Angul to produce more value added products. Estimated project cost: Rs. 131 cr, Expected Completion: September, 2019; Renewable Energy Projects: Two wind power plant of 25 MW capacity each in Tamilnadu.

Four PSUs pool in Rs 45,000 cr for nuclear power projects ...

Nov 15, 2017· Four public sector majors will pool in Rs 45,000 crore to fund the equity portion of the several planned nuclear power projects in the country, Mr …

NALCO to invest Rs 30,000 cr on new projects, expansion ...

May 27, 2018· Buoyed by two-fold jump in net profit to Rs 1,342 crore last fiscal, the state-owned NALCO today announced plans to invest over Rs 30,000 crore to launch a host of new projects and undertake expansion

Global Benchmarking helps NALCO double its Net Profit ...

May 27, 2018· In FY 2017-18 there is 23.5% increase in CAPEX over last year.Growth Plan :Projects under Execution:• 1 MTPA capacity 5th Stream Alumina Refinery brownfield project at existing Alumina Refinery at Damanjodi Estimated project cost: Rs. 5,540 cr, Expected Completion: April, 2021• Development of Pottangi bauxite mines at Koraput, Odisha.

Nalco can gain Rs 250 cr on alumina sale to Vedanta ...

Read more about Nalco can gain Rs 250 cr on alumina sale to Vedanta on Business Standard. National Aluminium Company (Nalco), which has an exportable alumina surplus of nearly one million tonne per annum, stands to gain Rs 250 crore if it agrees to sell the intermediate product to its competitor - Vedanta Aluminium Ltd (VAL).

Nalco's FY'11 capex at Rs 1,389 cr ... - The Economic Times

Nalco, which has got Rs 950 crore for 2009-10, is working on mega expansions in Orissa and Andhra Pradesh on domestic front. It is also pursuing multi-billion dollar projects in Indonesia and Iran. Hindustan Copper is expected to mainly invest the Rs 150 crore on its mining operations in Rajasthan.

Blogs | Compliance Calendar LLP

Compliance Calendar seeks to provide research based blogs/articles and experts views on various critical topics and burning issues completely free with zero subscription cost while at the same time, we insist on providing up-to-date information to our corporate fraternity and professionals like CS/CA/CMA/Lawyers, Students and the layman.

National Aluminium Company Ltd. Brokerage/Research Reports ...

National Aluminium Company Ltd Q2FY19 results Comment Revenue increased by 2.27% to Rs. 3040.93 Cr in Q2FY19 when compared to the previous quarter. Also, it grew by 23.88% when compared with Q2FY18. The Sales had been increasing from Q4FY18 to Q2FY19.

Nalco lines up $2.8 bn for overseas venture. | News On Project

Nalco lines up $2.8 bn for overseas venture. In its first overseas foray, the state-run aluminium producer Nalco has lined up a plan to invest $2.8 billion to build a smelter and a captive power unit in either Iran or Oman, depending on where it will get the fuel cheaper.

NALCO, mines ministry ink pact to set higher targets for FY18

May 25, 2017· NALCO, mines ministry ink pact to set higher targets for FY18 ... The company has a capex target of Rs 1,158 crore against Rs 873 crore achieved …

NALCO Targets Rs 25,000-Cr Turnover By 2020 | India News ...

NALCO Targets Rs 25,000-Cr Turnover By 2020 ... nalco targets rs 25 000 cr turnover by 2020 . ... at an estimated project cost of Rs.409 crore, is scheduled to be commissioned by June, 2012, the ...

Nalco: Retains its sheen - Buy - The Hindu BusinessLine

Aug 21, 2018· NALCO to invest Rs 30,000 cr on new projects, expansion Nalco in expansion mode, ready to invest in AP: CMD Expansion plans and focus on backward integration should pay off

NALCO lines up 3 projects, invests Rs 25,000 crore - The ...

BHUBANESWAR: Upbeat over a 94 per cent jump in net profit, National Aluminium Company Limited (), has lined up projects with an investment of about Rs 25,000 crore, three of which will be inaugurated on Friday. The aluminium major will dedicate three major projects readied at a total cost of about Rs 660 crore, to the nation, during its upcoming foundation day celebrations, CMD of the ...

Nalco inks MoU with Government of India setting Higher ...

Breaking News April 11, 2020 | Odisha: 4 More Corona Positives, Total 54; April 10, 2020 | Odisha Seafarers Association Donates Rs. 3 Lakh to CMRF; April 10, 2020 | Coronavirus: Odisha's Toll Climbs to 48 With 6 New Cases; April 9, 2020 | Tamil Weekly Hails Odisha's Corona Management; April 9, 2020 | Odisha: 2 More Covid Positives, Total 44; April 9, 2020 | |

Nalco's net profit up 31% to Rs 1069 cr | News Archive ...

May 30, 2011· Nalco not to depend on market for its capex needs. Navaratna PSU and aluminium major Nalco,which posted a net profit of Rs 1069 crore in 2010-11,has no plan to raise funds from market for its future capital needs. This was decided at the company's Board of …

NALCO revises its CAPEX plan to Rs 542.5 Cr for FY 2013-14 ...

Reported by Sandeep Pattnaik Bhubaneswar, Jan 5 : Nalco which has earlier set a CAPEX target of Rs 1734 crore for 2013-14 FY has revised the target to Rs 542.5 crore. Till Nov'14 Rs. 282.50 crore

NALCO Press release, Honor & Awards, - PSU News, Latest ...

Nalco has devised a plan to double its wind power generation capacity to 200 MW with an investment of Rs 700 crore, a top company official said. "We have decided to install an additional 100 MW wind power generation capacity to our existing 100 MW capacity.

NALCO inks MoU with Government of India for FY 2018-19

May 15, 2018· Sets capacity utilization in Alumina, Rs.1100 cr CAPEX & Higher Targets in production& productivity. New Delhi: Aluminium major &Navratna CPSE National Aluminium Company Limited (NALCO) has signed MoU with the Ministry of Mines, Govt. of India, setting highest ever target of Rs 9350 crore revenue from operations for FY 2018-19 which is 15% higher than last year.

Kaleshwaram project secures Hyderabad's water supply for ...

Kaleshwaram project secures Hyderabad's water supply for the future. Govt expects Rs. 45,471 crore from spectrum. PSL gets supply order from BPCL ; PWSSB cancels firm's contract for laying sewerage. Nalco plans Rs 409 cr capex