Wednesday, February 17, 2010

A cosmopolitan hub away from the ‘City Lights’...

Unity in diversity is what nehru had envisaged when psu townships were set up. a case in point has been nalco, where people from different backgrounds have coexisted since years, says Dhrutikam Mohanty

It took around two and half hours to cover 158 kilometers on NH-5 & 42, the distance between Orissa’s capital city of Bhubaneswar and the industrial hub of Angul. We approached a traffic square some six kilometres ahead of the district headquarters, where the road led straight to touch Angul town and the left and right diversions hived off to reach Nalco’s smelter complex and residential complex – Nalco Nagar.

Angul district of Orissa, which is abundant with natural resources, has turned into a industrial hot spot after National Aluminium Company Limited (NALCO), came up in 1980s. Nalco has set up Asia’s largest integrated alumina-aluminium complexwith a 3,45,000 tpa smelter in Angul, which started commercial production in 1987. Close to it, a captive power plant of 960 MW capacity has been established for uninterrupted power supply to the smelter. Apart from exporting alumina & aluminium worldwide, Nalco has opened stockyards at various parts of the country to facilitate domestic marketing. With its consistent track record in capacity utilisation, technology absorption, quality assurance, export performance and profits, NALCO enjoys the status of a Navaratna company.

Presently, PSUs like National Themal Power Corporation, Mahanadi Coal Field Ltd. and Fertilizer Corporation of India also have mega industrial units in the Angul district. While Jindal Steel and Power Ltd. has come up with a steel complex and a 1500MW power generation unit, Bhushan Steel and Strips Ltd. also has a power plant and an advanced hot rolling plant here.

Nalco Nagar, the residential complex for employees of the company, was established in the year 1984 on an area of 619.88 acres. This well-planned, spacious, clean & green township has 3,583 quarters and it is ‘a home away from home’ for its 4,552 employees. The township will increase in population and size very soon, as construction of new quarters is at the final stages. In order to meet the housing requirement of the second phase of capacity expansion, NALCO has undertaken this project at a cost of Rs.40.91 billion.
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Source :
IIPM Editorial, 2009

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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