varevant 7) NALCO NBC/S/4.5 & 4.5(A)/2016//.236 Date : 18/07/2016 ‘The Manager The Manager The Bombay Stock Exchange Limited, Listing Department Phiroze Jeejeebhoy Towers, National Stock Exchange of India Ltd., Dalal Street, Exchange Plaza, Bandra-Kurla Complex, MUMBAI - 400 001 Bandra East, MUMBAI - 400 051 Scrip Code : 532234 ‘Symbol : NATIONALUM Sub : Disclosure under Requlation 30 of SEB! (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir, In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed please find a press release on "NALCO inks MoU with Ministry for Higher Production and Financial Targets” which would be released in the newspapers on 19.07.2016. You are requested to please take a note and disseminate the same in your Exchange. Thanking you, Yours faithfully, for National Aluminium Co. Ltd. aca ED - COMPANY SECRETARY Encl: As above Jarret uegfefrears aca ferfaee National Aluminium Company Limited (Ger WCET TT SEH) (A Goverment of nda Enero) ‘firra werreret CORPORATE OFFICE “area ra, FUG, YAAER-751 013, HA NALCO BHAVAN, Nayapall. hubancawar-751 013, NOWA (CIN # L272030R1981GO1000920) EPABX: (0674) - 2301988 to 999 Ext. 2585,2586,2587 Direct: 2303197 Telefax: 2300677 website : www.nalcoindia.comrarerant () NALCO PRESS RELEASE Nalco inks MoU with Ministry for Higher Production & Financial Targets Bhubaneswar, 18/07/2016: Navratna CPSE National Aluminium Company Limited (Nalco) has signed an MoU with the Ministry of Mines, Govt. of India regarding financial and non-financial targets for the FY 2016-17. The MoU was signed between Shri Balvinder Kumar, IAS, Secretary, Ministry of Mines and Dr. Tapan Kumar Chand, CMD, Nalco in New Delhi on Monday. The MoU was formulated as per the new DPE guidelines and finalized after discussions with both Inter-Ministerial Committee as well as Ministry of Mines. As per the MoU, the target for revenue from operations, excluding excise duty, has been fixed at Rs.7100 crore. The MoU has also set higher targets for production of both alumina and aluminium as compared to the previous fiscal. Nalco has set an annual production target of 21.30 lakh tonnes of alumina and 3.85 lakh tonnes of aluminium. It may be mentioned that the company had produced 19.53 lakh tonnes of alumina and 3.72 lakh tonnes of aluminium in 2015-16. Nalco has also set a Capex target of Rs.1021 crore, which includes projects like development of Utkal D & E Coal Blocks, Wind Power Projects of 50 MW each in Maharashtra and Rajasthan, addition of 5“ stream in the existing Alumina Refinery at Damanjodi, Koraput, a 20 MW Solar Power Project in Madhya Pradesh and other modernization activities. Shri N.B. Dhal, IAs, Joint Secretary, Ministry of Mines, Shri N.R. Mohanty, Director (P&T), Nalco, Shri K.C. Samal, Director (Finance), Nalco and other senior officials of Ministry and Nalco were present on the occasion. Issued by - Corporate Communication Department. Nalco Phone: 0674-2300680 / 2300668 - Fax: 0674 -2301290 www.nalcoindia.com