National Aluminium Company Limited (NALCO), the Navaratna PSU in Odisha, will be investing about Rs.30,000 crore for new projects in five years. The PSU is making good profits.
It is to be remembered that the earlier NDA government tried to privatise this profit making PSU along with BALCO, but due to strong agitation by the employees as also the people of Odisha, the govt. was compelled to detract from privatisation. NALCO is contributing to many social activities and welfare measures in Odisha and the people fought against privatisation.