YS Sujana Chowdary Updates from Rajya Sabha. Questions Debates and Current News
Monday, December 19, 2011
Operating Cost Of Aluminium Producers
GOVERNMENT OF INDIA
MINISTRY OF MINES
UNSTARRED QUESTION NO-2871
ANSWERED ON-19.12.2011
(a) the details of operating cost of each Aluminium producing company during the last three years; (b) whether it is a fact that the operating cost have risen during the last one year; (c) if so, the reasons therefor; and (d) the steps taken/being taken by Government to reduce the operating cost?
ANSWER
THE MINISTER OF STATE (INDEPENDENT CHARGE) FOR MINES (SHRI DINSHA PATEL)
(a): The primary producers of aluminium in the country viz. National Aluminium Company Limited(NALCO), HINDALCO Industries, Bharat Aluminium Company Limited(BALCO) and Vedanta Aluminium Limited have declined to provide information regarding their operating cost on account of commercial confidentiality.
(b): Yes, Sir. The primary producers have informed that their operating costs have risen during the last one year.
(c): The increase in the operating cost during the last one year is mainly due to the following:-
(i) Increase in prices of major raw materials and energy inputs viz Calcined Petroleum Coke, Coal Tar Pitch, Aluminium Flouride, Caustic soda, Fuel oil, etc. (ii) Increase in transportation costs. (iii) Increase in the price of coal by the Coal Companies. (iv) Increase in employee remuneration and benefits due to high inflation rate and increased cost of living/ pay revision, etc.
(d): The primary producers endeavour to reduce their operating cost through a slew of measures like reducing power consumption by adopting energy conservation methods, modernization of equipments, increase in current efficiency, reducing fallen anodes in smelter, improving productivity of workers, etc. As energy cost is substantial in aluminium smelting, all the primary producers of aluminium have been brought under the ambit of a new initiative launched by the Government of India for energy conservation and assigned a target to reduce specific energy consumption from its base line value within a defined period i.e 2010-11 to 2013-14, to be monitored by the Bureau of Energy Efficiency(Ministry of Power). Besides, the Government also reviews from time to time the rates of various duties including import duty on raw materials required for production of aluminium, reduction in transmission loss, allocation of coal blocks and/or linkage coal to the extent possible, with the objective of reducing the overall operating cost of primary aluminium producers.
(a) the details of operating cost of each Aluminium producing company during the last three years; (b) whether it is a fact that the operating cost have risen during the last one year; (c) if so, the reasons therefor; and (d) the steps taken/being taken by Government to reduce the operating cost?
ANSWER
THE MINISTER OF STATE (INDEPENDENT CHARGE) FOR MINES (SHRI DINSHA PATEL)
(a): The primary producers of aluminium in the country viz. National Aluminium Company Limited(NALCO), HINDALCO Industries, Bharat Aluminium Company Limited(BALCO) and Vedanta Aluminium Limited have declined to provide information regarding their operating cost on account of commercial confidentiality.
(b): Yes, Sir. The primary producers have informed that their operating costs have risen during the last one year.
(c): The increase in the operating cost during the last one year is mainly due to the following:-
(i) Increase in prices of major raw materials and energy inputs viz Calcined Petroleum Coke, Coal Tar Pitch, Aluminium Flouride, Caustic soda, Fuel oil, etc. (ii) Increase in transportation costs. (iii) Increase in the price of coal by the Coal Companies. (iv) Increase in employee remuneration and benefits due to high inflation rate and increased cost of living/ pay revision, etc.
(d): The primary producers endeavour to reduce their operating cost through a slew of measures like reducing power consumption by adopting energy conservation methods, modernization of equipments, increase in current efficiency, reducing fallen anodes in smelter, improving productivity of workers, etc. As energy cost is substantial in aluminium smelting, all the primary producers of aluminium have been brought under the ambit of a new initiative launched by the Government of India for energy conservation and assigned a target to reduce specific energy consumption from its base line value within a defined period i.e 2010-11 to 2013-14, to be monitored by the Bureau of Energy Efficiency(Ministry of Power). Besides, the Government also reviews from time to time the rates of various duties including import duty on raw materials required for production of aluminium, reduction in transmission loss, allocation of coal blocks and/or linkage coal to the extent possible, with the objective of reducing the overall operating cost of primary aluminium producers.
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