COVER PAGE

PARICHAYA

Twenty nine years in the life of anorganization is goodenougha time for renewals and rethinking. It is not only the issue ofrenewal of technologies or machineries, but also renewal ofour ways of thinking and working in the organization.

For the last 29 years, Nalconians have sincerely pursuedexcellence in almost all fields of the business and despite allodds, have succeeded in creating an organization that is nowwell known as a �blue chip� Navratna Public Sector Enterpriseof the country.

Building Nalco has meant not merely contributing to thealuminium industry of the country, but it has also involvedenormous task of socio-economic development ofDamanjodiand Angul areas where Nalco plants operate. Rehabilitationof displaced families, employment and income generationof local people, provision of drinking water, education andhealth, development of infrastructure, and other communitydevelopment activities have earned Nalco a place of pridenot only in the corporate world of India but also in the heartsof the people of Orissa.

But as we pause, and look ahead, we do clearly see thechallengesof change that areunfoldingbeforeus. In thispresentscenario, global competition is threatening to dismantle theold manufacturing regime. The companies, which thrived inprotected environment of business, now find it difficult tosurvive. The technology, the knowledge base, the products,

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the pricing mechanism, the customers� expectations and thebusiness equations are changing too fast for anybody�s comfort.On the top of it, the prevailing global economic crisis hasseverely affected the corporate sectors.

In this situation, all of us have to make concerted efforts tocurtail costs and improve productivity in all the segments ofour activities. We must ensure that our mines and plants areoperatedat optimumcapacity,while keeping the consumptionof raw materials and electricity well within norms. We mustconsider austerity as way of our life.

Expansion and growth

Despite these challenges, what sets Nalco apart is thecontinuous quest for growth and expansion. With two majorexpansions of brownfield capacities at an investment ofRs.8000 crore completed, the Company is now gearing upfor 3rd phase expansion at a cost of Rs.6000 crore. This willfurther raise our aluminium capacity to 5.80 lakh tonnes andpower generation capacity to 1400 MW. Besides brownfieldexpansion, the Company is launching greenfield projects inIndia and abroad involving massive investment of more thanRs.40,000 crore.

Indeed, these are quite challenging tasks before us. In thenext 3-5 years, we have to put in our best efforts collectivelyto achieve success in these ambitious programmes.

Redefining business strategy

Our core competence has been primary aluminiummanufacturing. However, time has come to redefine ourbusiness strategy in viewof growing competition andchangingmarket dynamics. Accordingly, we have already framed ournew vision statement �To be a reputed global company inmetals and energy sector�.

A broad roadmap of business strategies up to the year 2020has been chalked out,which lays special emphasis on sectoraldiversification. The broad canvas includes forays into othermetals like copper, gold, zinc, nickel etc. and in energy sector.The Company has thus embarked upon ambitious path tomake the Company a true multinational.

I am sure,with broadpolicy framework and roadmap in place,we will be able to achieve the targeted turnover of overRs.25,000 crore by 2020.

Published by : Corporate Communication Department, National Aluminium Company Limited, Nalco Bhawan, Nayapalli, Bhubaneswar – 751 061Chief Editor : Harish C. Pradhan, DGM (Admn.)

Designed and Printed at : inteCAD,442, Saheed Nagar, Bhubaneswar – 751 007, Ph: 2544631e-Parichaya at - www.nalcoindia.com

You may send your feedback to hcpradhan@nalcoindia.co.in

Shri A.K. Srivastava

CMD, Nalco

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Ms. Santha Sheela Nair, IAS, Secretary to Govt of India, Ministry of Mines, visited Nalco�s Smelter Plant, Angul andCorporate Office, Bhubaneswar on January 26 & 27 respectively.

During the visit to Angul, Ms. Nair, accompanied by Shri Sundeep Kumar Nayak, IAS, Joint Secretary, Ministry of Mines,Govt. of India, were given a warm welcome by Shri A.K. Srivastava, CMD, Shri A.K. Sharma, Director (Production), ShriP.K. Padhi, Director (P&T), Shri K.S. Sreedhara, ED(S&P) and other senior officers of the Company. The dignitariesvisited various sections of Smelter Plant and were also apprised regarding production and project expansion activities.

At the Corporate Office, Ms. Nair held meetings with the CMD, Directors and Senior Officials. Subsequently, Ms. Nairalso met Shri T. K. Mishra, IAS, Chief Secretary, Govt. of Orissa at the State secretariat in Bhubaneswar.

Secretary (Mines) visits Nalco

Shri Sundeep K. Nayak inducted to Nalco BoardShri Sundeep Kumar Nayak, IAS, Joint Secretary, Ministry of Mines, Govt. of India, has beenappointed as the Part Time Official Director of Nalco in place of Shri V.K. Thakral, formerJoint Secretary, Ministry of Mines, Govt. of India. Shri Nayak has also been assigned theadditional charge of Chief Vigilance Officer of the Company. A 1988 batch IAS Officer ofJammu & Kashmir cadre, Shri Nayak has worked on different sectors such as power, economicsecurity, national security, public administration and training. As Managing Director of thelargest PSU in J&K (Power Generation Corporation), he commissioned a mega hydro powerproject in J&K. He holds Master's degrees from IIT Kharagpur; London School of Economics,England and Monterey Institute, California, USA.

With the joining of Shri Nayak, Nalco board has been further strengthened.

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Nalco has bagged the Global HR Excellence Award for�Organization with Innovative HR Practices�, at the WorldHRD Congress � 2010, in Mumbai on February 12. Nalcoreceived the award in recognition to its innovative strategiesfor human resource management and development, and theunparalleled efforts in implementing best practices inmanaging its talent pool to achieve business success.

On behalf of the Company, Shri Joy Varghese, Director(Personnel & Administration), received the award from theChief Guest Jigmi Y. Thinley, Hon�ble Prime Minister ofBhutan, in the presence of Shri Bhaskar Chatterjee, IAS,Secretary to the Government of India, Department of Public

Nalco bags Global HR Excellence AwardEnterprises, Ministry of HeavyIndustries & PublicEnterprises.

The World HRD Congress �2010, based on the theme�The New HR Challenges(Innovative Talent Strategiesfor Tough Times)� was held atMumbai from February 11th to13th. The congress was

attended and represented by several leading Industry Leaders,CEOs, Business Heads, HR professionals and Managementconsultants from over 96 countries.

SA 8000: 2008 Certification for CPPNalco�s Captive Power Plant has also been certified to Social Accountability -SA 8000: 2008 w.e.f September 16, 2009. Earlier in 1st phase from January2009, the Company�s has implemented Social Accountability ManagementSystem (SA 8000:2008) at its Corporate Office, CPP and Mines. Nalco�s CorporateOffice was accorded SA 8000: 2008 certification on March 27, 2009.

Being among the leading PSU�s in the Country, Nalco has been afrontrunner in advocating human rights for workers at workplace andhas incorporated such practices in its vital business agenda.

SA 8000 is a global social accountability standard for decent workingconditions, developed and overseen by Social Accountability International.It may be mentioned that, it is the first ever universal standard for ethicalsourcing and provides a common frame work for ethical sourcing forcompanies of any size and any type, anywhere in the world. SA 8000 setsout provisions for issues such as trade union rights, the use of child labour,

working hours, health and safety at work , discrimination and fair pay, managing company�s risks in worldbusiness environment and also gives an opportunity to demonstrate good business practice and ethical trading.

PARICHAYA

On the eve of 30th Foundation Day of the Company,Nalconians played host to eminent economist andacademician Shri B.B. Bhattacharya, Vice Chancellor, J.N.U,who delivered the 9th edition of Nalco Foundation DayLecture at Nalco Bhavan Auditorium on January 6.

In his lecture, Shri Bhattacharya chose to speak on �The GlobalEconomic Crisis and the Rise of India in the Global Economy�.

Addressing a select gathering of bureaucrats, technocrats,educationists, businessmen, media persons and Nalconians,Shri Bhattacharya said that both India and China, poised tobe global economic superpowers have survived themeltdown.While the West spent trillions of dollars on fiscal stimulusmeasures, India did tide over the crisis with measures which

Nalco Foundation Day Lecture

were independent of measures for recession, said Shri

Bhattacharya. India beingheavily dependent on the agricultural

sector which is immune to globalization ill effects. Also,

the pay package boosted purchasing power in India when

global economy was on a downward curve. Besides, the PSU

banks which are not permitted to invest in stocks beyond a

small percentage remained intact, said Shri Bhattacharya.

Further the noted academician said that, to sustain growth

and be competitive, there has to be more investment in

education and R&D. �With new technologies, a nation cannot

be competitive and to achieve that education needs more

attention� he said.

Shri S.B. Mishra, former Chief Secretary, Govt. of Orissa

and Shri A.K. Vohra, GM(East Coast Railway) graced the

occasion as the guests of Honour. At the outset Shri A.K.

Srivastava, CMD, delivered the welcome address while the

function concluded with a vote of thanks by Shri Joy Varghese,

Director (P&A).

Last year, eminent environmentalist, Shri R.K. Pachuri had

delivered the foundation Day Lecture. The previous eminent

speakers who delivered Nalco Foundation Day Lectures

were: Dr. A.P.J. Abdul Kalam (2002), Dr. Sam Pitroda

(2003), Prof. Yash Pal (2004), Dr. Abid Hussain (2005),

Gen. Shankar Roychoudhury (2006), Dr. J.J. Irani (2007)

and Shri Lalit Mansingh (2008).

9TH EDITION OF NALCO FOUNDATION DAY LECTURE

�India will continue to be a economic power but tosustain it will have to increase spending on education�

- Shri B.B. Bhattacharya

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Nalco celebrates 30th Foundation DaySince its inception,Nalco has constantly endeavored to strengthen its position as an aluminiummajor. TheCompany attributesits success to its dedicated workforce whose undeterred spirit and determination has been a key ingredient in its success.Adding yet another glorious year to its growth and prosperity, Nalco celebrated its 30th Foundation Day on January 7.

At BhubaneswarFoundation Day was celebrated with much zeal & zest at the Nalconagar Auditorium, Bhubaneswar on January 7. Shri A.K.Srivastava, CMD, Shri B.L. Bagra, Director (Finance), Shri Joy Varghese, Director(P&A), Shri A.K. Sharma, Director (Production),Shri Ansuman Das, Director (Commercial) & Shri G. Kameshwara Rao, CVO graced the occasion as the guests. The functionbegan with the lighting of the ceremonial lamp. At the outset, Shri B.N. Swain, ED(H&A) delivered the welcome address.

Addressing Nalconians on the occasion, the dignitaries reflected on the glorious past, that the Company has undergonethrough its 29 years of existence. Shri A.K. Srivastava, CMD in his address called upon the employees to re-assess the strengthsand weaknesses, introspect and to plan for a better and brighter future of the Company. Shri P.C. Panigrahi, GM(H&A),proposed the vote of thanks. The function concluded with cultural programmes by various artistes.

At AngulThe celebrations at S&P Complex were of an equal tempo as the employees gathered at the Biju Patnaik Sports Complex tocelebrate the Foundation Day. Shri K.S. Sreedhara, ED(S&P), graced the occasion as the chief guest. Besides, Shri P.R.Choudhury, GM(S), Shri P.K. Patnaik, GM(CPP), Shri D.C. Sahu, GM(Finance), Shri Ashok Sahu, GM(H&A), Shri B.P.Singha, GM(O&M), Smelter, Shri R.N. Jena, GM(O&M), CPP, Shri S.P. Patnaik, GM(UECB), CPP, & Shri S.K. Mohanka, Sr.Commandant (CISF) were among the dignitaries present on the dais. In his keynote address, Shri Sreedhara lauded the role ofNalconians, for leading the Company to greater heights of glory. Shri Sreedhara also expressed his views on the ongoingexpansion activities and various periphery development programmes undertaken by the Company.

Prizes were handed over to the winners of Quality Circles on the occasion. Shri Sreedhara, also felicitated

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Foundation Day celebration at our Kolkata office

Shri S.P. Das, Sr. Accountant, Smelter for his outstandingachievements in Badminton (differently �abled) at Nationaland International Levels.

The function ended with a cultural programme and a crackershow.

At Port Facilities, VizagFoundation Day was also celebrated at the Port Facilities inVizag. Shri G.V.L. Satya Kumar, IRTS, Dy. Chairman,

Visakhapatnam Port Trust, graced the occasion as the chiefguest. Seen in the picture: Shri G.M.P. Sarma, GM (PortFacilities) addressing the employees on the occasion of 30th

Foundation Day.

Renu Satpathy Memorial Trophies

Joy Kiran, son of Shri Mangal Nath Toppo, Sr. EA (Marketing),CorporateOffice, anda studentof LoyolaSchool,Bhubaneswar,has secured 93.82% marks in aggregate in ICSE examination.

Sasmita, daughter of Shri Satrughna Sahoo, Jr. Chemist,CPP,Angul, and a student of SVM School, Angul secured92.5% marks in aggregate in HSC examination.

Pratik, Son of Shri P.R. Swain,CM(Electrical), Port Facilities, Vizag, anda student of Visakha Valley School,Visakhapatnam, has secured97.80%marksin aggregate in CBSE examination.

Instituted by Nalco Ladies Club, in the fond memory of LateRenu Satpathy, wife of Late S. Satpathy, former Director(Production) ofNalco, the trophies are awarded to the studentsof Nalco family, securing highest marks in Class X final exams(CBSE, ICSE & BSE). Smt. Chandini Srivastava, President ofNalco Ladies Club, handed over the trophies to the winners.Followingare thewinnerswhohavebeenawarded the trophieson 30th Foundation Day of the Company.

Parichaya congratulates the children and wishes them a bright future.

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Nalco has reported its results for the 3rd quarter endedDecember 2009. According to the reviewed financial resultsfor the 3rd quarter of the financial year 2008-09, taken onrecord by the Board of Directors in a meeting held on January27, 2010, the Company registered a net profit of Rs.155.18crore, with a sales turnover of Rs.1454.43 crore.

However, during the 3rd quarter of previous fiscal, the figureswere Rs.219.46 crore and Rs.1091.97 crore, respectively. In2nd quarter of the current fiscal, Nalco earned a profit ofRs.159 crore from sale turnover of Rs.1199 crore. It may bementioned that, due to low prices, the turnover and profit forthe quarter have reduced considerably.

The net profit and sales turnover for the 9 months endedDecember 2009 work out to Rs.441.12 crore and Rs.3624.13crore, respectively, as against the corresponding figures ofRs.1189.25 crore and Rs.4374.29 crore achieved during thefirst 9 months of the previous fiscal.

3rd Quarter Results

Net Profit - Rs.155 cr; Sales Turnover - Rs.1454 crOn the sales front, Nalco registered a 54% rise in total saleof 118,170 MT of aluminium in the 3rd quarter, which was76,573 MT in the corresponding period of previous year.Despite prevailing sluggish market conditions, Nalco has beenable to increase its export of aluminium to 41,963 tonnes(up 58.8%) from 26,430 tonnes in the corresponding quarter.

The Company registered a 24.7% increase in aluminiumproduction to 110,949 tonnes in the 3rd quarter endedDecember 2009 compared to 89,002 tonnes in correspondingquarter last year. Alumina production was recorded at405,100 tonnes.

Meanwhile Nalco�s 2nd phase expansion work having projectcost of Rs 4402 crore is all set for completion. Commissioningactivities of various units has already started. The productioncapacity of Aluminium Smelter was augmented to 4.60 lakhMT from 3.45 lakh MT with successful start up of all 240pots by 17th Dec�09.

Nalco has signed a Memorandum ofUnderstanding (MoU) with Nuclear PowerCorporation of India Limited (NPCIL) to setup Nuclear Power Plants in India. The MoU

was signed by Shri A.K. Srivastava, CMD, Nalco and Dr.S.K. Jain, CMD, NPCIL, at Mumbai on November 26.

As per the MoU, Nalco intends to invest in Nuclear Powergeneration as part of its strategy to diversify into commercialgeneration and sale of electric power and to leverage itsexperience in electricity generation by setting up NuclearPower Plants jointly with NPCIL. This is in line with thevision of Nalco - to be a reputed player in energy sector andas part of its diversification to metals and power sectors.Presently, the Company operates a coal fired thermal powerplant at Angul for captive use of its aluminium Smelter andwith the ongoing 2nd phase expansion the capacity is beingincreased to go up to 1200 MW.

It may be mentioned that, NPCIL is a Central Public SectorUndertaking under the administrative control of Department

of Atomic Energy (DAE), and involved in the Design,Construction, Operation and Maintenance of Nuclear PowerPlants for generation of electricity.

The MoU paves the way for Nalco to go for alternative sourcesof commercial power generation as IPP from nuclear fuelscompared to the conventional fossil fuel fired boilers whichare increasingly subjected to stringent environmental norms.

Nalco signs MoU for setting up Nuclear Power Plants

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To mark the celebrations, Nalco organized a talk by eminent

management guru Shri Sharu S. Rangnekar on the topic

�Productivity for Inclusive Growth� at Corporate Office on

February 16. In his talk Shri Rangnekar said that since ages,

Corporate Houses have been afflicted by the blame-game

syndrome. Because of compartmentalization and multi-layer

system of management, more often than not, individuals and

groups tend to blame each other for collective failure. In the

process, productivity of the organization becomes a major

casualty.However, Shri Rangnekar suggested that as a curative

measure to this corporate malady, the 3Es � ego, envy &

expectation � should be lessened to the maximum possible.

�Thenonly, theproductivity of a companycouldbeenhanced,�

said Shri Rangnekar.

At the outset, Shri A.K. Srivastava, CMD, felicitated Shri

Rangnekar and gave away prizes to the winners of various

competitions that were organized during the productivity

week. Among others, Shri Joy Varghese, Director (P&A), Shri

A.K. Sharma, Director (Production) and Shri Ansuman Das,

Director (Commercial) were present on the occasion. Shri

P.C. Panigrahi, GM(H&A), proposed a vote of thanks.

Productivity WeekIn order to spread productivity awareness among the employees, Productivity Week was celebrated by Nalco at its officesand sites from February 12 to 18. During the week-long activities, various competitions like slogan, quiz, essay, poster etcwere organized in English, Hindi, and Oriya among the employees. Banners and posters were also displayed in variouslocations at plants sites and in its offices.

At AngulIn S&P Complex, Productivity Week was jointly organized

byNalco�s Industrial EngineeringDept, andOrissa Productivity

Council, Bhubaneswar. Various competitions & workshops

were organized to mark the week-long activities. Besides, to

generate awareness, banners and posters were also displayed

at strategic places in S&P Complex.

A seminar on �Productivity for inclusive growth� was also

held at the training institute conference hall. Shri Sachikant

Kar, HoD, Central Tools & Designs of C.T.TC. Bhubaneswar,

Shri D.C. Sahu, GM(Finance), Shri A.K. Sahu, GM(H&A),

Shri B.P. Singha, GM(O&M) Smelter, Shri R.N. Jena,

GM(O&M) CPP, Shri D.K. Choudhury, GM(Project), Smelter

& Shri S.P. Patnaik, GM(UECB) were among the dignitaries

who made the deliberations in the seminar. At the outset,

Shri P.K. Patnaik, GM(CPP) & Vice President Orissa

Productivity Council (Talcher Zone), delivered the welcome

address and described productivity as the key to social-

economic and industrial progress of the nation.

Shri D.C. Sahu, GM(Finance), handed over the prizes to the

winners of various competitions. Besides, three teams each

from CPP and Smelter were also awarded for their best group

presentations in the workshops that were held earlier during

the productivity week.

At Bhubaneswar

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Nalco Corporate Officers� Association

The following members of Nalco Corporate Officers�Association, Bhubaneswar, were elected for the year 2010-11:

President : Shri Tapan Samantaray

Vice- President : Shri Manoj Khatua

Gen. Secretary : Shri Suryamani Samal

Jt. Secretary : Shri Rajendra Patnaik

Treasurer : Shri Satyabrata Dash

Besides, Shri Goutam Das, Shri Khiroda Patra, Shri SantoshMishra and Shri Prahallad Rana were also elected as theexecutive body members of the Association.

Nalco Mines Mazdoor Sangh

The followingmembers ofNalcoMinesMazdoor Sangh,M&RComplex, Damanjodi were unanimously selected for the year2009-10:

President : Shri Maheswar Nanda

Vice Presidents : S/Shri L.K. Panda & Shri L. Sahoo

Gen. Secretary : Shri R.D. Biswal

Secretaries : S/Shri T. Moharana & P.K. Majhi

Org. Secretaries : S/Shri B. Gajendra & H.N. Patnaik

Office Secretary : Shri H.K. Jena

FinanceSecretary : Shri K.B. Singh

Oath taking ceremony of the office - bearers was held inthe premises of Jagannath Temple, Damanjodi, where

Shri C.L. Patra, DGM(HRD), administered the oath amongthe office - bearers. Shri R.P. Swain, GM(H&A), Shri A.Chakraborty, GM(Mines), and Shri Pratap Panda, StateWorking President, Bharatiya Mazdoor Sangha (Orissa) wereamong the dignitaries present on the occasion.

Recognition to Nalco Mines Mazdoor Sangha

Subsequently, Nalco Mines Mazdoor Sangh, M&R Complexwas accorded recognition on November 17. In a functionorganized at the Mines Conference Hall, Shri A. Chakraborty,GM(Mines) handed over the Certificate of Recognition toShri Maheswar Nanda, President, Nalco Mines MazdoorSangh, in the presence of Shri R.P. Swain, GM(H&A) andother senior officers of the Company.

New office - bearers

Quami Ekta WeekLike previous years, Nalco joined the Nation in celebrating Quami Ekta Week from 19th to 25th November, 2009. To createawareness on National Integration, various activities were organized at the offices and sites of the Company.

Administration of pledge at Corporate Office Painting competition among children in Bhubaneswar

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Brahma Jyoti QC bags champion�s trophyAn inter Unit QC Competition was organized by TQM dept.at the training centre auditorium, S&P Complex, Angul onNovember 26. �Brahma Jyoti Quality Circle� of CI dept, CPP,emerged as the winner. Shri K.S. Sreedhara, ED(S&P), handedover the Champion�s Trophy to the winning Team at theconcluding ceremony.

The TeamLeader: Shri P.K. PadhiDy. Leader: Shri K.M. BaghMembers: S/Shri S.N. Gadanaik, M. Singh, N.K. Deo,

S. SamalFacilitator: Shri D.K. SahuCoordinator: Shri S.N. Sahu

Bauxite QC awarded 1st prizeBauxite QC has bagged the 1st prize (Par Excellent) in visualcategory at the Koraput Chapter QC Convention (QCFI), heldin JKPur, Rayagada. Bauxite QC�s project �Improper StockpileManagement at Mines� was highly appreciated by the jurymembers of the convention. The QC has also been nominatedfor participation in the National QC convention.

The TeamLeader: Shri Hrudayananda PatnaikDy. Leader: Shri K.C. SahuMembers: S/Shri Binayak Gour, Prasanna Behera,

K. Joseph Mathew, Balaram MahankudoFacilitator: Shri Ekadashi Sahoo

QCs Awarded

Shri A. Chakraborty, GM(Mines) congratulating the BauxiteQC team members for their achievement in the QC convention

As a pride of Orissa, Nalco had put up a stall in the Orissa pavilion at India International Trade Fair (IITF-2009), held inNew Delhi from November 14 to 27.

Nalco in IITF

Shri Joy Varghese, D(P&A), interacting withShri Prafulla Samal , Hon’ble Minister,Panchayati Raj, Information & PublicRelations, Orissa at Nalco stall.

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61st Republic Day was celebrated at the sites and offices of Nalco with zeal and enthusiasm.

Nalco celebrates 61st Republic Day

At theCorporateOffice, Shri A.K. Srivastava, CMD, unfurledthe National Flag and paid tribute to the framers of ourConstitution for their effort to embody in its pages the idealsof liberty, justice and equality. Shri Srivastava in his RepublicDay message, called upon the employees to unite and worktogether to build the Nation.On theoccasion, Shri Srivastavaalsooutlinedon thevarious expansionplansof theCompany.

A tableau depicting Nalco�s CSR activities also took partin the State-level parade at Bhubaneswar. The final matchof inter-dept. volleyball between Smelter and Refinery wasalso held at Nalconagar.

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Employees of S&P Complex, also

celebrated the occasion at the Biju

Patnaik Sports Complex with

enthusiasm. Shri K.S. Sreedhara,

ED(S&P), hoisted the National Flag

and received the guard of honour of

thecombinedparadeofCISF jawans,

G-4 Security Personnel, Scouts &

Guides and the students of DPS &

SVM, Nalconagar. In his address,

Shri Sreedhara urged upon the

employees to boldly face the

economicdownturn andcollectively

contribute towards the growth and

progress of the Nation. He also

stressed on undertaking more socio-

economicprojects and to stepup the

periphery Development activities.

Prizes were handed over to the students of DPS & SVM, whohave excelled in their studies and other activities. �Sarjana�awards winners also received their awards on the occasion.

Unfurling of tricolour

Republic Day was celebrated with much enthusiasm andgaiety at Netaji Stadium, M&R Complex. Shri P.K. Mohapatra,ED(M&R), unfurled the national flag and inspected the jointparade of 12 contingents comprising CISF jawans, personnelof Speed Smart Security Services, NCC, Scouts & Guides,and students from both DPS & SVM Schools.

At Damanjodi

Republic Day was also celebrated in premises of DPS andSVM School, Nalconagar, Angul. Besides, sweets weredistributed among the students of both the schools by themembers of Nalco Welfare Committee.

Ms. Sanjukta Pangi, a tribal girl from a village near Pottangiof Koraput, represented India as Youth Representative in G-8 Summit-2009, held in Rome, from July 5 to 12. Her essayabout �Climatic change inKoraput� and insight on �Problemsof Tribals in Koraput� has received wide appreciation inIndia & abroad. Ms. Sanjukta was felicitated by Shri P.K.Mohapatra, ED (M&R), on the occasion of 61st RepublicDay celebrations at Damanjodi, and received a cash awardof Rs. 10,000/- along with a shawl and a certificate ofhonour. Presently, Ms. Sanjukta is continuing her highersecondary education in Koraput.

Nalco felicitates Youth Representative Sanjukta

Contd... in next page

At NNEU Office, CPP At Shramik Basti, CPP At Vidyut nagar, CPP

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Shri Mohapatra, handed over twelve �Best turn out� trophies tothe best cadet from each contingent. DPS-NCC Boys continentbagged running shield for been adjudged as the best platoon inthe parade. Besides, 47 employees frombothMines&Refinerywere also handed over �Sarjana� award by Shri Mohapatra, inthe presence of senior officers of the Company.

On the occasion, four employees from Refinery, i.e ShriJanmejaya Bisoi (Transport Pool), Shri Bhagban Pangi(Transport Pool), Smt. Maina Pangi (Transport Pool) & Smt.Jamuna Bhoi along with Shri Bayadhar Nahak (Mechanical)of Mines were also felicitated by Shri Mohapatra for theirhighest attendance in the year 2009.

Similarly at the Mines, Shri A. Chakraborty, GM(Mines),unfurled the tricolour and received the guard of honour fromthe jawans ofCISF. Shri Chakraborty also handedover citationsto 59 best mining operators under the operators monthlyreward scheme (for Aug � Dec 09).

Shri P.K. Mohapatra, ED(M&R), along with Shri G.S.Mohapatra, DGM(Admn) and members of Common WelfareCommittee, Damanjodi visited the Mathalput Govt. School anddistributed sweets among the students.

Shri A. Chakraborty, GM(Mines), receiving the guardof honour from the CISF jawans at Mines

Seen in the picture,Shri G.M.P. Sarma, GM(Port Facilities)saluting the tri-colour. Shri Sarmaalso addressed theemployees, on theoccasion of 61st

Republic Day.

At Port Facilities,Vizag:

Chemical Disaster Prevention DayChemical Disaster Prevention Day was observed at AluminaRefinery, Damanjodi on December 4. To mark the occasion,various activities including display of banners, hoisting offlag, distributionof newsbulletin, organizing trainingprogramon chemical disaster management and Company's on-siteemergency plans were carried out. To generate awareness aspecial mock-drill was also conducted at the Oil storage areato study the response time of emergency team members andvarious agencies in case of real emergency.

A seminar on 'Chemical disaster, its causes and mitigationprogram'was also organized on the occasion. In the seminar,Shri S.K. Patnaik, DGM(SH&E) made a presentation on theabove topic. Shri R.P. Swain, GM(HRD), Shri R.C. Das,

GM(Project), Shri S. Ghatak, GM(SPP) and Shri S. Dhobal,Commandant, CISF, were among the dignitaries present onthe occasion. Employees and representatives of variousagencies attended the seminar.

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Dr. Abhilash Jena awardedIn recognition of hisliterary achievements,Dr. Abhilash Jena,Manager (HRD), S&PComplex, Angul hasreceived the �JaydevNational Award� atJaydev Bhawan inBhubaneswar onDecember 25.

Instituted by Jaydev Cultural Development Council, Cuttack,the award is givenaway for outstanding andexceptional literaryworks. To his credit, Dr. Jena has written five books in English,two in oriya, covering a wide variety of topics includingBusiness ethics, Corporate Spirituality and Oriya literature.

Shri Nair gets IIM NalcoGold Medal

Shri M.K.B. Nair, former GM(R&D) has been awarded withIIM Nalco Gold Medal for the year 2009 for his outstandingcontributions to the aluminium industry, based on research/production in the fields of bauxite, alumina, aluminium andits products in India.

It may be mentioned that, Shri M.K.B. Nair, during his careerspan of 35 years at Balco and Nalco was actively involved inproduction, R&D and process/technical management relatedto aluminium industry. Besides, his innovative and practicalapproach to industrial research, he was instrumental in settingup world class carbon laboratory and other R&D facilities atNalco. He is also credited with conceptualization, planningand implementation of new ideas and projects, particularlyin the areas of alumina electrolytic reduction, energyconservation and waste utilization.

Gold Medal for Shri Sutar

Shri R.K. Sutar, DGM(HRD), M&R Complex, Damanjodi,

has received theprestigious �ShyambandhooMisraGoldMedal

Award for Excellence in HR� for the year 2008-09. Shri Sutar

received the award from Shri S.K. Patnaik, Director (Finance

& Personnel), OHPCL, in the presence of Shri D. Singh Deo,

Vice-Chairman, Shri B.P. Mishra, Vice-Chairman & Convener

of Award Committee and Shri P.C. Panigrahi, Honorary

Secretary, NIPM, Utkal Chapter, in a function held at

Bhubaneswar on December 27.

Instituted by veteran HR professional Shri Shyambandhoo

Misra, the award is given away annually by the National

Institute of Personnel Management, Utkal Chapter to an

eminent HR professional for his outstanding contribution in

the field of Human Resource Management.

Shri Sridhar Nayak,Operator,working in Potline(Operation), Smelter Plant,Angul, got married toManjulata, daughter of ShriK.C. Jena, M&R Complex,Damanjodi on February 27.

Shri Harekrishna Nath,Operator, working in RollingPlant of Smelter, Angul, gotmarried to Jyotipriya ofIndipur, Dhenkanal onJanuary 21.

Wedding bells

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At the outset, pledge was administered to the employees byShri A.K. Sharma, Director (Production), followed by readingof messages received from CVC and other constitutionalauthorities. Shri G. Kameswara Rao, (IAS), Chief VigilanceOfficer of the companypresidedover the function. In a seminarorganizedon the occasion, Shri S.K.Mohapatra, CEO,DhamraPort Co. Ltd and Shri D.M. Mitra, Addl. DG of Police, NewDelhi, graced the occasion as the chief guest and chief speakerrespectively.

Expressing their views, the dignitaries highlighted on effectivepreventive measures through system improvements and use ofinformation technology to fight corruption and called for aholistic approach to Vigilance in the day to day working of theorganizationand its variousdepartments.Abookon �FrequentlyAsked Questions� was also released on the occasion.

To mark the occasion, an elocution competition on the topic�Corruption and its effect on our society� was also organizedby the Company among the school children.

Vigilance Awareness Week�A bad means can never produce a good end�

Vigilance Awareness Week is observed in various Govt. DepartmentsandPSUs to create awareness among the employees regarding themenaceof corruption. As part of the persuasive drive from the Central VigilanceCommission, employees in these sectors throughout the country take asolemn pledge to work with integrity, transparency and dedication intheir respective spheres of activity.

Rededicating itself annually to the cause of Vigilance, Nalco organizedvarious interactive sessions at in its sites and offices as part of VigilanceAwareness Week from 3rd � 7th November 2009. The Company alsoproduced exclusive posters to mark the occasion.

At Bhubaneswar At Damanjodi

Shri P.K. Mohapatra, ED(M&R) and Shri A. Chakraborty,GM(Mines), administered the pledge to the employees ofAlumina Refinery and Mines respectively. A seminar on thetopic� Corruption Unlimited� was organized at the HRDconference hall, M&R Complex, on November 6. Shri SubashChandra Dash, SP (Vigilance), Jeypore, graced the occasionas the chief guest, while Shri P.K. Mohapatra, ED(M&R),

Shri S.C. Dash, SP (Vigilance), addressed the employees ofM&R Complex on the occasion of Vigilance Awareness Week.

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Shri B.N. Mohanty, GM(AR) and Shri G. Abbasvalli,GM(Finance) were the guests of honour.

On the concluding day prizes were distributed among thewinners of elocution, quiz, slogan and poster competitions.

At Angul

Besides display of posters and banners, a seminar on the �Roleof Spiritualism in Prevention of Corruption�was also organizedduring the vigilance awareness week at S&P Complex. In theseminar, Shri K.S. Sreedhara, ED(S&P) and Shri A.K. Sahu,GM(H&A), graced the occasion as the chief guest and guestof honour respectively, while Shri Swami Samarpananandaji,former Political Science Professor of Revenshaw College wasthe chief speaker. Addressing the employees SwamiSamarpananandaji emphasized on the importance of valuesand ethics in bringing about a transparent and fair dealings inthe day to day working of the organization.

On the concluding day ceremony, Shri A.K. Sahu,GM(H&A) handed over the prizes to winners of essay andslogan competitions.

At Bangalore

Employees of Bangalore office being administered the Pledgeon the occasion of Vigilance Awareness Week

Bidding adieu

On attaining the age of superannuation, Shri A.K. Mishra,General Manager (R&D), Corporate Office, retired from theservices of the Company on December 31. Seen in the picture:Shri D.B. Bhanja, GM(H&A), handing over the servicecertificate to Shri Mishra at the farewell function.

Shri G. Kameswara Rao, IAS, completed his tenure as theChief Vigilance Officer at Nalco on February 9. He wasaccorded a warm farewell by the senior officers of theCompany. Above photograph: Shri A.K. Srivastava, CMD,presenting a memento to Shri Rao.

Shri K. K. Bhatnagar, Sr. Accountant, Northern RegionOffice, New Delhi, retired from the services of the Companyon February 28.

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Besides extending support for infrastructure developmentthrough its periphery development activities, Nalco has alsobeen extending freemedical facilities through its health campsand mobile health units. In one such recent endeavour, theCompany organized a free health camp at Mahula village inthe outskirts of Bhubaneswar, on February 21. The campextended medical attention to about 300 inhabitants ofMahulavillage and fromnearby villages includingMadhapur,Manjana� Manpur, Agarpada, Kardapalli etc. Led by Dr. D.K.Mohapatra, a panel of doctors including Dr. J. Panda,Dr. Sourav Das & Dr. A.K. Chhotray, attended the patients.Shri D.K. Panigrahi, Sr. Manager (Administration) coordinatedthe activities at the health camp. Besides, paramedical staffincluding S/Shri A. Patri, Ekadashi Sahoo, Ranjan Behera, Smt.B.P. Mishra and Smt Bini Das along with volunteers S/ShriR.K. Samal, Asit Kamila, B.N. Paikray, Dharidhar Barik andKalandi Panda rendered their support in conducting the camp.Apart from freemedical consultations by theCompanydoctors,free medicines were also distributed among the villagers.

Health camp by Nalco

Nalco Newslettergets Rajbhasha Kiran shield

Nalco�s Newsletter (Parichaya - Hindi edition) has beenawarded with Rajbhasha Kiran shield for being the besthouse journal in Hindi. The award is instituted by RajbhashaKiran Sansthan, Mumbai. On behalf of the Company, ShriS. Tarai, Sr. Manager (OL) received the award from Dr.Binayak Rath, Vice- Chancellor, Utkal University, at afunction organized in Bhubaneswar on January 8.

�Laxman Rekha� awarded

Drama �Laxman Rekha� presented by Nalco CommunityCentre, Damanjodi has bagged awards at the 20th All IndiaMultilingualDrama&Dance Festival, Rourkela and at SuryaPattnaik Memorial Koraput Natyotsav, Koraput. The playhas bagged the 2nd Best Drama, 2nd Best Director (ShriNirmal Rout) & Best Supporting Actor (Shri SurendraBehera), at the All India Multilingual Drama & DanceFestivalwhile baggedBestDrama, BestDirector (ShriNirmalRout) & Best Actor (Shri Surendra Behera) at the SuryaPattnaik Memorial Koraput Natyotsav. The play is writtenby Shri Basanta Panda, Chargeman, Operation Dept., &directed by Shri Nirmal Rout, Jr Mgr, (Mech.), M&RComplex.

Aiming HighShri Arjun Basu, DM(Civil), M&R Complex, has

successfully completed his Executive Post Graduate

Diploma in Management from Indian Institute of

Management, Indore, during the session 2007-09.

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Nalco sponsored All Orissa Nalco Open Tennis Tournament

was held at Kalinga Stadium, Bhubaneswar, from December

11 to 13. The tournament witnessed participation of around

300 players from 23 districts of Orissa. Shri Ansuman Das,

Director (Commercial), graced the concluding ceremony as

the chief guest and handed over the prizes to winners under

various categories. The tournament was organized by

Bhubaneswar District Tennis Association.

Nalco Open Tennis Tournament

Baba Memorial BadmintonThe 8th All OrissaBaba MemorialB a d m i n t o nTournament washeld at NalcoCommunity CentreIndoor BadmintonHall, fromNovember 12 to 15.The badmintontournament was organized by Nalco Yuba Jyoti Club, Bhubaneswar. About 100 participants from all over the State took partin this tournament. Shri Kamal Das & Shri Girija Ray (Men�s doubles), Shri K.N. Raju (Men�s singles) and Shri Sudha Sahu &Mr. Alam (Veteran Doubles), emerged as the winners in the tournament. Shri Joy Varghese, Director (P&A), Shri S.C. Dash,ED (Finance) & President, Nalco Community Centre and Shri D. B. Bhanja, GM (H&A) graced the concluding ceremony asthe guests and handed over the prizes to the winners.

The 110th Birth Anniversary of great freedom fighter, socialreformer and former chief minister of Orissa, Dr. HarekrushnaMahatab was celebrated by the Jayanti CelebrationCommittee at Nalconagar, Bhubaneswar, on November 21.Shri A.K. Srivastava, CMD graced the occasion as the chiefguest. Besides, Shri B.L. Bagra, Director (Finance), Shri P.K.De, GM (Materials), Shri D.B. Bhanja, GM (H&A), Shri D.K.Sahu, CM(Fin) and Shri P.K. Das, Gen. Secy. (NECU) werethe guests of honour on the occasion.

At the outset Shri B.P. Kar, Secretary of the Committeedelivered the welcome address. Shri Niranjan Das, Presidentof the Committee, presided over the function. The dignitariesspoke on the life of Dr. Mahatab and highlighted hiscontributions towards shaping modern Orissa.

Mahatab Jayanti

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19

India as a destinationfor aluminium smelting

Equipped as they are with low cost and efficiently run powerstations taking care of their smelters' entire electricityrequirements andas the country is endowedwith richbauxitedeposits, our production cost of aluminium figures in thelowest quartile amongworldproducers.Nalcohas theuniqueadvantageof ownership of hugehighquality bauxite depositsat a single site in Orissa's hills of Panchpatmali. The richmineral endowment plus unremitting efforts to acquire moredeposits both within and outside Orissa will keep Nalco aperennial exporter of alumina.

Nalco is working to give shape to three mega projectssimultaneously, includinga$4-billion500,000 tonnes smelteralongwith a captive1,250power complex at East Kalimantanin Indonesia. Nalco is also pursuing a project of similarconfiguration at Jharsuguda in Orissa. The promised accessto 80 million tonnes of bauxite deposits at Gudem and KRKonda in Andhra Pradesh will also lead Nalco to build a1.4-million-tonne alumina refinery in the state. For anymetalgroup raw material security is of cardinal importance. Nalcowill nodoubthaveenoughbauxite togoby for agoodnumberof years. The company's move to acquire bauxite and coalresources globally is seen in the context of its plans to buildlarge new smelters.

Hindalco has also got big things on its plate. If all its projectsget commissioned on revised schedule, then its smeltingcapacity will rise to 1.7 million tonnes from 500,000 tonnesand alumina refining capacity to 6.5 million tonnes from1.7 million tonnes by 2013. Meanwhile, Novelis acquisitionhas given Hindalco global leadership in that value addedsegmentwherepathbreaking technologies are in application.

Vedanta has arrived on the Indian aluminium scene muchlater than Hindalco and Nalco. While it has made up forthe lost time by gaining control of Balco and MadrasAluminium, Vedanta is aggressively building new capacitythrough greenfield andbrownfield routes. By 2013, it claims,it will have at least 2.6 million tonne smelting and 5 milliontonne alumina refinery capacity. Action of the three groupsis vindication that India due to its abundance of bauxiteand coal resources is the ideal place to smelt aluminium.

(Sourced from - www.business-standard.com, 23.02.10)

Aluminium World

Indian aluminium sector poised forstupendous growth

The Indian aluminium market is growing at a rapid pace andit is one metallic industry where India can emerge as apowerhouse within the next decade

According to industry sources, Indiawith total bauxite reservesof about 3 billion accounts for almost 7.5% of the world's65 billion bauxite reserves and is ranked sixth among thecountries with highest bauxite reserves. The worldwidealumina production competence is around58million tonnesin which India has 2.7 million tones, being the fifth largestproducer, after Australia, Guinea, Brazil and Jamaica.

Currently all the major Indian producers are trying to makegood the opportunity by expanding furiously. China, whichhas doubled its aluminium capacity over past half decade toaccount for more than a fifth of the world's output, is a netexporterof themetal. The Indianaluminiummarket is growingat a rapid pace, yet per capita consumption is extremely low:With over 7% growth per annum, one of the highest in theworld, the Indian aluminiummarket is booming. Evenbetter,sectors that extensively use aluminium are themselvesbooming, ensuring that this sector stays firmly on the growthpath for times to come. Total aluminium consumption inthe country is around 1,100 KT at present, which has grownsignificantly from 2002 level of 600 KT.

Though India's per capita consumption of aluminium standstoo low (under1kg) comparing to theper capita consumptionsof other countries like the US & Europe (25 to 30 kgs), Japan(15 kgs), Taiwan (10 kgs) and China (3 kgs), the demand isgrowing. In India, the industries that require aluminiummostlyincludepower (44%), consumer durables, transportation (10-12%), construction (17%) and packaging. With one of theworld's lowest per capita consumption, the country'saluminium demand is set to explode.

(Sourced from - The Economic Times (website), 23.02.10)

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20

Vyasakavi Fakir MohanJayanti

BarshaSahityaSansadcelebratedVyasakavi FakirMohan Jayantiat Damanjodi on January 14. Shri R.N. Patnaik, DGM(Materials) graced the occasion as the Chief Guest. DrShatrughna Behera, Principal, SVM and Dr S.C. Parida, Vice-Principal, SVM were the distinguished speakers on theoccasion. The function was presided over by Shri Raj Sutar,President, Barsha Sahitya Sansad. Shri Susant Das, Secretaryof the Sansad, proposed a vote of thanks.

Talk on 'Diabetes & Lifestyle'To create awareness about the growing instances of diabetesand its adverse impact on health, a talk and counselingprogramme by eminent diabetologist Dr.Alok Kanungo wasorganized at the Corporate Office, on November 21.

From L to R - Dr. D.K. Mohapatra, CMO, Dr.Alok Kanungo& Dr. S.K. Sen at the Nalco Bhavan Auditorium

Parichaya prays to the Almighty to rest the departed Soulsin peace and provide strength to the bereaved families.

Shri Duryodhan Naik (52), who wasworking as Sr. SSW, in OperationDept. of CPP, Angul, passed awaydue to illness on January 10. Bornon 02.01.1958, Late Shri Naik hadjoined Nalco on 05.11.1994. He issurvived by his wife and son.

Obituaries

Shri Pradeep Mishra (45), who wasworking as Sr. EA in PurchaseDepartment of CPP, Angul, left forheavenly abode on October 29. Bornon 01.03.1964, in villageAmalapada, Angul, Late Shri Mishrahad joined Nalco on 14.02.1986.

Shri Singrai Majhi (47), who wasworking as Chargeman in CPP,Angul, passed away on November18. Born on 20.08.1962, inBanpokharia ofMayurbhanj district,Late Shri Majhi had joined Nalcoon 23.02.1987.

ShriDebendraMohapatra (52),whowas working as Sr. Foreman, inOperation Department of CPP,Angul, left for heavenly abode onDecember 20. Born on17.07.1957,in Pariyapatapur, Puri, Late ShriMohapatra had joined Nalco on01.03.1982.

Shri Matia Gochhayat (51), whowas working as Unskilled Workerin CPP, Angul passed away onDecember 20. Born on 14.12.1958in Kulad, Angul, Late ShriGochhayat had joined Nalco on10.11.1992.

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Our Children

Prasanmit, son of Shri P.K. Nath,CM(Systems), Corporate Office, and astudent of Class XI, DAV Public School,Chandrasekharpur, Bhubaneswar, hascome out with flying colours in theNational Talent Search ExaminationScholarship examination (NTSE).Hehassecured 2nd rank in the state and 14that the all India level.NTSE examination is conductedbyNCERTto identify students and nurture their talent. Besides, beinggood at studies, Prasanmit has keen interest in drawing, stageplay s and sports. He is also a martial art enthusiast and holdsa green belt in taekwon-do.

Meenakshi, daughter of Shri S.N. Padhi, Dy. Manager (Electrical), CPP, Angul, and astudent of Class VII, DPS, Angul, has received award for her innovative ideas at a NationalCompetition for Ideas and Innovations 'Ignite 09', held at the Indian Institute ofManagement, Ahmedabad, on November 30. Meenakshi, received the award fromDr. APJ Abdul Kalam, former President of India. National Innovation Foundation,Ahemdabad, had organized this national level competition for children up to Class XII.Altogether 1344 concept/ideas fromall across the countrywere received by the foundationand only 18 best innovative ideas including Meenakshi's were short listed for 'Ignite 09'Competition. Her innovation was based on ambulance or fire brigade with integratedGPS, which will turn all the traffic lights automatically to red keeping the road clear.

Abhijit, son of Asit Das, Manager(Admn.), S&PComplex,Angul, anda student of Class XI, DAV PublicSchool, Unit VIII, Bhubaneswar isan amateur photographer with awide range of interests includingMusic. Started as a hobby, Abhijitis nowakeenphotoenthusiastwitha collection of exceptional images.In one of such recent shoot, he had captured the image of aCivet (Civet is a nocturnal animal and is approximately 17-28 inches in length with a cat-like body, with long legs and

a long tail. Mostly it is not seen inareas close to human habitat), thatstrayed into an apartment inTankapani Road in Bhubaneswar.The photograph taken by Abhijithas been published in The NewIndian Express.

Sheetal, daughterof ShriA.K.Bhoi,Manager(Materials), Corporate Office, and a studentof UKG, DAV Public Scholol,Chandrasekharpur, Bhubaneswar has beenawarded first prize in Debate Competitionin the Interschool Competition, organizedbyGhungur,Bhubaneswar. She received theprize from Hon'ble Governor of Orissa at a

function organized in Bhubaneswar. Earlier, she has also beenconferred with Brikshya Bandhu Samman and Kanya SishuPrativa Award. Besides numerous awards to her credit inpainting, quiz, debate & acting, Sheetal is good at her studies.

Soumya, daughter of Shri SanantaPradhan, Technician (Cast House),Smelter Plant, Angul, and a student ofClass V, Delhi Public School, Angul, isan avid painter and has won numerousawards to her credit. Recently, she wasawarded 1st prize in the group drawingcompetition (sub-junior category) at the9th cultural festival, organized by Sa-Re-Ga-Ma, atNalconagar, Angul. Soumya is also a good Odissi dancer.

Sujeet Raj, son of Shri Prasanta Sahoo,CM(Mech), Smelter Plant, Angul, anda student of Delhi Public School, Angul,has been awarded National TalentSearch Examination (NTSE) scholarshipfor Class VIII. NTSE is being conductedby National Council of EducationResearch & Training, New Delhi.

PARICHAYA

22

Sidhartha, son of Shri Pitambar Acharya,Sr. Photographer, Corporate Office, and astudent of Class X, DAV School,Chandrasekharpur, Bhubaneswar, hasreceived the runner up trophy in the InterSchool Science Drama competition, heldon theoccasionof children'sdayatRegionalScience Centre, Bhubaneswar. Also, a BallBadminton enthusiast, Sidhartha hadparticipated in the15thSub-junior StateBall

Badminton Championship, and has received the runner uptrophy. Earlier, he had also participated in the Sub juniorNational Ball Badminton Championship, held at Haryana.

Shivam, son of Shri B.S. Sahoo, Sr.Manager (Mech.), Smelter Plant,Angul, and a student of Class-III,DPS, Nalco Nagar, Angul, hasbagged goldmedal in 'InternationalChildren's Art Competition' heldatHyderabad. Shivamhas receivedthe gold medal for the 2nd time inthis competition.

Vrisha, daughter of Shri B.N.Mohanty, Manager (Mech.), S&PComplex, Angul, and a studentof Class VIII, DPS, Angul, hasreceived the cultural talent searchscholarship forOdissiDance fromthe Centre for Cultural Research& Training. Earlier, Vrisha hadperformed Odissi at a functionorganized in Bhopal, where shewas felicitated by the Hon'bleGovernor of Madhya Pradesh.

Lity Manisha, daughter of Shri M.K. Mohapatra,Chemist (Lab.), Smelter Plant, Angul, and astudent of Class VII, Delhi Public School,Angul, has been awarded National Scholarship- 2009 inOdissi dance category. The scholarshiphas been instituted by the Centre for CulturalResearch & Training, Under Ministry of Culture,Govt. of India. She has also performed Odissidance in various TV programmes and has wonmany awards to her credit.

Health TipsIf you're not convinced about theneed todevelop anexerciseprogram for your life, you can at least try following some ofthese tips in your everyday routine.

• Take the stairs instead of an elevator or escalator

• Try to take a short walk by parking your vehicle at thefar end of the parking lot.

• If you use a public transport then do get off a stopbefore your destination. Walk the rest of the way.

• Spend a few minutes of your lunch break to take a stroll.

• Think of housework as an extra chance to exercise.

• Gardening can also be considered a good option toexercise.

• Schedule an after-dinner walk with your family. Makeit quality time.

Excellent MoU RatingWith reference to the MoU signed with Ministry

of Mines, Government of India, Navratna PSU

Nalco has got excellent ratings for its outstanding

performance in 2006-07. The Company has got

this distinction for the tenth time. Nalco has been

getting excellent rating since 1995-96 (only exception being

1998-99,when the company suffered a series of pot failures).

Under theMoUsystem, the excellent performance of aCPSE

is acknowledged by the Hon�ble Prime Minister of India in

the form of a Special Certificate of Merit. Nalco has recently

receivedsuchacertificateon19th October2009, forexcellence

in the achievement of MoU targets for the year 2006-07.

Nalco has reported a net profit of Rs.2381 crore with net

sales of Rs.5940 crore and the gross margin of Rs.3942

crore during the financial year 2006-07. The Company

achieved its projected 100% capacity utilization of mines,

refinery and smelter plant. The metal sale crossed the

target of 3, 45,000 tonnes and achieved 3, 56,616 tonnes

in the financial year 2006-07. This represents an increase

of 3.4% against the MoU target. It also produced 48.23

lakh tonnes of bauxite and power generation of 5968

million units in 2006-07.

EXCELLENTRATING

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