BALCO is a division of India’s renowned aluminum manufacturer, Vedanta Aluminum. Since Mr. Jawaharlal Nehru laid the foundation stone in 1965, they have been instrumental in forming the Indian aluminum industry. They are leading the way in the restructuring of the industry, promoting aluminum as the green metal of the future that represents sustainability and advancement.
Bharat Aluminum Company – Quick Overview
| Particular | Details |
| Company Name | Bharat Aluminium Company Ltd. (BALCO) |
| Type | Public Company (Part of Vedanta Aluminium) |
| Industry | Aluminium Production & Metals |
| Founded / Incorporated | 1965 |
| Original Status | First integrated aluminium PSU in India |
| Headquarters | New Delhi, India (Registered Office) |
| Main Plant | Korba, Chhattisgarh (smelter & mining operations) |
| Ownership | Vedanta Ltd. (51%) & Government of India (49%) |
| Key People | CEO & Whole Time Director: Rajesh Kumar |
| Core Business | Bauxite mining, aluminium smelting, refining, fabrication |
| Products | Aluminium ingots, wire rods, billets, rolled products |
| Captive Power | Operates captive power plants to support smelting |
| Area Served | India & exports globally |
| Historical Note | Govt. divested majority stake to Sterlite (Vedanta) in 2001 |
| Market Position | Leading integrated aluminium producer in India |
| Major Applications | Automotive, infrastructure, electrical, construction |
| CIN | U74899DL1965PLC004518 |
| Official Website | balcoindia.com |
Net Worth and Market Cap
It is based in Delhi and is categorized as a public limited business. Its total paid-up capital is INR 220.62 cr, and its authorized share capital is INR 500.00 cr. ₹12,156.1 is their net worth.
Corporate Leadership
Mr. Amit Gupta is the CFO, Mr. Rajesh Kumar is the CEO and full-time director, and Mr. S K Roongta is the chairman. Since its founding as India’s first Public Sector Undertaking (PSU) in 1965, BALCO has played a crucial role in the country’s industrial development. Sterlite Industries Limited, a division of Vedanta Limited, received 51% of the shares of Bharat Aluminium Company Limited (BALCO) from the Indian government in 2001.
Overview of Services
Operating mostly in India, Bharat Aluminium Co Ltd is a major participant in the aluminium sector. It focuses on sustainability and innovation in its manufacturing methods while producing aluminum and aluminum products, such as extrusions, wire rods, and sheets, for the construction, automotive, and packaging industries. Aluminum, electricity, and rural development are among its offerings.
Sustainability is a key component of BALCO’s business plan. They consistently put compliance first and work to improve our social and environmental performance. They have put in place strong management systems that prioritize social responsibility, health, environmental sustainability, and safety in order to do this. They are dedicated to conserving resources, raising health and safety standards, encouraging innovation, and eventually increasing everyone’s quality of life.
Scale of Operations
With a 590 TPA production capacity, they are one of India’s leading primary producers of aluminum. Significant accomplishments of BALCO include the development of special aluminum alloys for “Intermediate Range Ballistic Missile” Agni and “Surface Missile” Prithvi. BALCO was the first in the Indian aluminum industry to produce alloy rods, a feedstock for all aluminum alloy conductors, which are essential for today’s power transmission lines.
