be commissioned by December, 2015.
In pursuit of harnessing renewable energy sources, National Aluminium Company has entered into new business of wind power generation with the establishment of 50.4 MW wind power plant at Gandikota in Andhra Pradesh at an investment of Rs 274 crore.
Second wind power plant of 47.6 mw is being set up in Rajasthan with an investment of Rs 283 crore. Another plant has been planned in National Aluminium Company's own mined out area at Panchpatmali in Koraput district of Odisha.
On brownfield projects, the National Aluminium Company CMD said commissioning activities of capacity upgradation of 4th stream of alumina refinery from 5.25 lakh TPA to 7 lakh TPA had commenced and the plant was in the process of stabilisation.
At the same time the company had plans to go for 5th stream refinery based on medium pressure digestion technology, subject to availability of Pottangi bauxite mines, Das said.
The capacity of the stream would be approximately one million tonne per annum and investment would be around Rs 5,000 crore, Das said.
Regarding National Aluminium Company's performance, the CMD said the company had posted a higher net sales turnover of Rs 6,809 crore in 2012-13 which was 4.75 per cent over Rs 6,500 crore achieved in the previous fiscal. The rise in sales turnover was mostly attributed to higher production and sale of alumina.
However, the net profit of the company was at Rs 593 crore during the year as compared to Rs.850 crore in previous fiscal, primarily due to high input costs, Das said.
The company achieved in last fiscal the highest-ever performance in Bauxite transportation of 54.19 lakh MT, against previous best of 50.03 lakh MT in 2011-12, he said.
At the same time, National Aluminium Company's Alumina Refinery had produced 18.02 lakh tonnes of alumina hydrate, which was an all-time high, against the previous best of 16.87 lakh tonnes achieved in 2011-12, Das said.
The Aluminium Smelter Plant at Angul achieved cast metal production of 4.03 lakh MT against 4.13 lakh MT achieved in 2011-12, he added.
National Aluminium Company has also set up a Foundation for its CSR activities and allocated an