Tuesday, September 15, 2009

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Source: The Hindu (http://www.hinduonnet.com/2009/09/15/stories/2009091555100200.htm)
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NALCO chief lists expansion plans


Correspondent

KORAPUT: People and the villages in the periphery of NALCO at Damanjodi in Koraput district could enjoy the benefits of real development to a greater extent if the village leaders, district administration and NALCO authorities who are the three key players responsible for the growth to happen could bring better collaboration among themselves, said Chitta Ranjan Pradhan, the Chief Managing Director (CMD) of NALCO at Damanjodi on Monday. The proposed plan to construct a 25-bedded hospital for the people in the region by the company with the support of the district administration could go a long way in realising the dreams into reality, he added. Addressing the media he said the mechanisation of the company was upgraded to the best in the industry anywhere in the world, but the input cost remained high with 21 per cent of the total cost going towards human resource management. There was a need to bring greater results with minimum inputs especially at a time when the entire ind!
ustry especially the aluminium industry was facing hard days after the recent recession in the global economy, options of downsizing the human resource was not possible in the country, he said. However the company was planning to undertake massive expansion plans both in and outside the country by bringing maximum utilization of its human resource. Listing out the plans of the company, he said that adding to the mining in rich reserve of bauxite in Pottangi region of Koraput district, deals were in its final stage to acquire mining zones at Gudem & K.R.Konda mining sites at Chintapalli near Visakhapatnam including some other places near Godavari region in the neighbouring State of Andhra Pradesh. Moreover the company also was making arrangement with the government in Iran to set up a smelter plant in that country.
Speaking out the plans for a sustainable power supply for the company, he said that in addition to the power plant that is coming up at Jharsuguda in the State by the company, a coal-based power plant was coming up in the very near future at Indonesia. Talks to establish a nuclear power plant by the company were in progress with the support of Nuclear Power Corporation and places in Ganjam district have been placed for selection before the corporation in this regard. P.K.Mahapatra , ED (M&R) and R.P.Swain, ,GM(H&A) were also present .




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