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Madras Aluminium Company Limited
AutoMeIndia: /* under Vedanta Group */
'''Madras Aluminium Company Limited''' (later changed to '''MALCO''') is an integrated [[Aluminium]] manufacturing company incorporated in 1961 in [[Coimbatore]], [[Tamil Nadu]] in [[India]]. The plant is located in [[Mettur]] in [[Salem district]]. During its heydays it was the only fully integrated primary Aluminium Metal complex in the entire South India with its own captive mining, refining, smelting and power generation operations. Since 2000 the company is part of London based [[Vedanta Resources]] and is now mainly into power generation.<ref>https://ift.tt/2MFEZqz>
==History==
The company was incorporated in 1961 and started operated in 1965 with technical and financial collaboration with Montecatini of Italy. The founders were [[Coimbatore]] based industralists , P. R. Ramakrishnan a graduate from [[Massachusetts Institute of Technology]] and his brother R. Venkateswamy Naidu.<ref>https://ift.tt/2NMq2b0> <ref>https://ift.tt/2MFF7X5>
==Operations==
The plant was located in [[Mettur]] with close proximity to [[Mettur Dam]], an industrial town with heavy industries in [[Salem district]] in [[Tamil Nadu]] state. When formed, MALCO formed was the only Aluminuium Metal complex plant in the entire South India with its own captive mining from bauxite reserves of [[Sheveroy Hills]] and had fully commissioned refining, smelting and power generation operations. The Company manufactures aluminium ingots, special alloys and rolled products for consumption by other industries in India. Since late 70's the company diversified into continuous sheet extraction and Alumina.
==under Vedanta Group==
Due to vagaries of power supply by the state electricity board at various times, the unit became sick and the suspended operations for three years from 1992 to 1995 BIFR sanctioned a rehabilitation scheme and MALCO was taken over by the [[Vedanta Resources|Vedanta group]] in 1995.
MALCO now has a state-of-the-art, coal-based Captive Power Plant commissioned in the year 1999. And since 2004 the smelter capacity has been increased from earlier 25,000TPA to 40,000TPA.
==Facilities==
Since the plant was built in early 60's in a small rural town, the MALCO management established a school, staff and employee's colony and a hospital which still functions today.
==Reference==
==History==
The company was incorporated in 1961 and started operated in 1965 with technical and financial collaboration with Montecatini of Italy. The founders were [[Coimbatore]] based industralists , P. R. Ramakrishnan a graduate from [[Massachusetts Institute of Technology]] and his brother R. Venkateswamy Naidu.<ref>https://ift.tt/2NMq2b0> <ref>https://ift.tt/2MFF7X5>
==Operations==
The plant was located in [[Mettur]] with close proximity to [[Mettur Dam]], an industrial town with heavy industries in [[Salem district]] in [[Tamil Nadu]] state. When formed, MALCO formed was the only Aluminuium Metal complex plant in the entire South India with its own captive mining from bauxite reserves of [[Sheveroy Hills]] and had fully commissioned refining, smelting and power generation operations. The Company manufactures aluminium ingots, special alloys and rolled products for consumption by other industries in India. Since late 70's the company diversified into continuous sheet extraction and Alumina.
==under Vedanta Group==
Due to vagaries of power supply by the state electricity board at various times, the unit became sick and the suspended operations for three years from 1992 to 1995 BIFR sanctioned a rehabilitation scheme and MALCO was taken over by the [[Vedanta Resources|Vedanta group]] in 1995.
MALCO now has a state-of-the-art, coal-based Captive Power Plant commissioned in the year 1999. And since 2004 the smelter capacity has been increased from earlier 25,000TPA to 40,000TPA.
==Facilities==
Since the plant was built in early 60's in a small rural town, the MALCO management established a school, staff and employee's colony and a hospital which still functions today.
==Reference==
September 17, 2018 at 03:33PM
