Bl Bagra

BL Bagra, chairman and director-finance at NALCO says, the coal availability has not been a problem for the last two quarters. For the last two months, he says, particularly July and August, the company is struggling with seasonal problems of rain.

See aluminium prices between $2100-2300/t in FY13: Nalco

State-owned National Aluminium Company has a "comfortable" coal inventory at an average of 18-19 days and should be able to manage the upcoming monsoon season, BL Bagra, CMD and Director (Finance) told CNBC-TV18.

Nalco aims 30000-60000 tonne additional alumina sale in Q3

Nalco's second quarter results were well below the street’s estimates in terms of earnings. Chairman and director of finance BL Bagra indicated that the margins were hit because the supply from Mahanadi coal was disrupted. Nalco has been targeting 30,000-60,000 tonne of additional alumina sale in Q3.

NALCO to complete studies on Indonesia coal mines in Sept

State-run NALCO, which plans to set up a 1,250-MW power project and an aluminium smelter in Indonesia, will complete due diligence on a proposal for sourcing coal for the projects by the end of this month, a senior company official said.

No need to tap mkts for 3 years to fund expansion: Nalco

BL Bagra, Chairman and Managing Director of NALCO, today said the aluminium major does not need to tap the markets in the next three years for expansion, but it is up to the government to take a call on disinvesting its stake in the company.

Nalco sees FY12 EBITDA margin hit on higher coal prices

BL Bagra, director finance of NALCO, in an interview with CNBC-TV18's Udayan Mukherjee and Sonia Shenoy, said the fourth quarter realisations are at the same level as the last year. He added that the company has commissioned 120 megawatt units as part of expansion project.

No fundraising plans in near future: NALCO

BL Bagra, the director finance of the company, told CNBC-TV18 that a price revision in raw materials is urgently needed to ease some of the pressures the company is facing.