"We are not in a position to provide alumina or bauxite to any other company inside the country," Nalco CMD Ansuman Das told reporters after the company's annual general meeting.
According to the policy adopted by Nalco's board, the company does not sell either bauxite or alumina to other companies in the domestic market, Das said while responding to queries about the plea by Vedanta Aluminium Ltd (VAL)
VAL's Managing Director S K Roongta, who recently sought the Odisha government's intervention to impress upon Nalco to sell its surplus alumina for its smelter at Jharsuguda.
In a letter to Chief Secretary J K Mohapatra, he had said: "We earnestly request you to impress upon Nalco to start selling/allow participation of smelter companies located in Odisha, which would be treated as deemed exports for Nalco in its alumina tenders, so that same can be utilised for increasing revenues for the exchequer, ensuring value addition and also generation of employment opportunities.”
Stating that Nalco was exporting surplus alumina of over one million tonne a year, Roongta said: "The diversion of this surplus alumina for VAL’s alumina smelter will generate extra revenue for Nalco at around Rs 200 crore annually over and above its export realisation, thus helping improve its financial balance sheet."
As VAL's refinery at Lanjigarh in Kalahandi district is running at a depleted capacity of 30 - 40% on outsourced bauxite from states such as Gujarat, Chhattisgarh and Jharkhand, this has been hurting alumina availability for its smelter plants, Roongta had said.
Source: http://www.financialexpress.com