Ramesh Nair new head of BALCO

Bhubaneswar, June 2 (IANS) Bharat Aluminium Company (BALCO), a Vedanta Group company, Sunday announced it has appointed Ramesh Nair as its chief executive officer replacing Gunjan Gupta.

Ramesh Nair has over 20 years' experience in the metals industry and has worked in the group for 11 years in multiple functions before assuming overall leadership role at Sterlite Copper as its chief operating officer, the company said here in a statement.

BALCO, which has major operations in the Korba area of Chhattisgarh currently operates a modern 2.45 lakh tonnes per annum integrated aluminium smelter with 810 MW thermal power plant.

It is also in the final stages of commissioning a new state-of-the-art 3.25 lakh tonnes per annum aluminium smelter with 1,200 MW thermal power plant at an investment of about Rs.10,000 crore.

"I am glad to have Ramesh Nair as BALCO CEO and have strong belief that he will be able to steer BALCO to its full potential," Vedanta Group chairman Anil Agarwal said.

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