Bharat Aluminium Company

Bharat Aluminium Company News

Balco begins winding up rolling business in Chhattisgarh, 1K jobs at stake
Business

Balco begins winding up rolling business in Chhattisgarh, 1K jobs at stake

In India, cheap aluminium from China and Middle-East has shrunk market share of domestic producers who are already struggling with rise in input cost.

BALCO gets nod for 1,200 MW power plant in Chhattisgarh
Business

BALCO gets nod for 1,200 MW power plant in Chhattisgarh

The functioning of the power plant, set up with an investment of about Rs 5,000 crore, would help boost BALCO's annual aluminium production capacity to 5.7 lakh tonnes, the company said in a statement today.

Despite valuation concerns, Vedanta to fork out  'fair' price for HZL, Balco
Business

Despite valuation concerns, Vedanta to fork out 'fair' price for HZL, Balco

The government, which currently holds 29.5 percent stake in HZL and 49 percent stake in Balco, is looking at exiting from the two firms. However, valuations remain the holding block for making the deal through.

Is govt happy with Vedanta's Rs 16k offer for Balco, HZL?
Business

Is govt happy with Vedanta's Rs 16k offer for Balco, HZL?

Government still has 29.54 percent stake in Hindustan Zinc and 49 percent holding in Balco.