Home Economy NALCO eyes Rs.7,757 crore turnover in 2013-14

NALCO eyes Rs.7,757 crore turnover in 2013-14

By IANS,

Bhubaneswar : The state-run National Aluminium Company Limited (NALCO) Monday said it has targeted a sales turnover of Rs.7,757 crore for 2013-14, about ten per cent higher than that of 2012-13.

NALCO signed a memorandum of understanding with the union mines ministry Monday on the physical and financial targets for 2013-14.

According to this pact, NALCO has been given an annual production target of 64.50 lakh tonnes of bauxite, 21.5 lakh tonnes of alumina, and 4.05 lakh tonnes of aluminium, the company said here in a statement.

The Bhubaneswar-headquartered NALCO is India’s third largest aluminium maker.