Private company

Bharat Aluminium Company

Logo: Bharat Aluminium Company, Non-free logo, via Wikipedia⁴

Indian aluminum company

Bharat Aluminium Company Ltd. (BALCO) was an Indian government owned aluminium producer under Ministry of Mines, Government of India. BALCO was incorporated in 1965 as the first Public Sector Undertaking (PSU) in the Indian aluminium industry. The establishment of the Bharat Aluminium Company Limited (BALCO) in India was done with Soviet assistance.² Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

HeadquartersNew Delhi¹
Websitewww.balcoindia.com
Legal formPublic Limited Company³
LEI213800J6GU4XCH7BK975³
StatusActive³
LEI statusIssued and current³
Registered addressALUMINIUM SADAN CORE -6, 110003 New Delhi, India³
Registered withMinistry of Corporate Affairs, U74899DL1965PLC004518³

See how the biggest companies compare on our leaderboards

Bharat Aluminium Company Ltd. (BALCO) was an Indian government owned aluminium producer under Ministry of Mines, Government of India.²

Corporate structure

Bharat Aluminium Company is part of a group headed by Vedanta Resources. 20 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Vedanta Resources London, United Kingdom
- Vedanta Limited 65.2% · Mumbai, India
  - Ferro Alloys Corporation 100% · Bhadrak, India
  - Hindustan Zinc Limited Udaipur, India
    - HINDMETAL EXPLORATION SERVICES PRIVATE LIMITED Subsidiary · 100% · Udaipur, India
  - VEDANTA ALUMINIUM METAL LIMITED Mumbai, India
    - Bharat Aluminium Company New Delhi, India
  - VIZAG GENERAL CARGO BERTH PVT LTD Subsidiary · 100% · Thoothukudi, India
  - ESL STEEL LIMITED Subsidiary · Bokaro, India
  - SESA MINING CORPORATION LIMITED Subsidiary · Panaji, India
  - VEDANTA IRON AND STEEL LIMITED Subsidiary · Mumbai, India
  - VEDANTA OIL AND GAS LIMITED Subsidiary · Mumbai, India
  - VEDANTA POWER LIMITED Subsidiary · Mumbai, India
  - VEDANTA SEMICONDUCTORS PRIVATE LIMITED Subsidiary · Gurugram, India
- Sterlite Copper Subsidiary
- Vedanta Netherlands Investments B.V. Subsidiary · 100% · Amsterdam, Netherlands
- VEDANTA RESOURCES FINANCE II PLC Subsidiary · 100% · London, United Kingdom
- VEDANTA RESOURCES JERSEY II LIMITED Subsidiary · St Helier, Jersey
  - VALLIANT (JERSEY) LIMITED Subsidiary · St Helier, Jersey
- VEDANTA RESOURCES JERSEY LIMITED Subsidiary · St Helier, Jersey

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

It was incorporated in 1965 as a Public Sector Undertaking. It is the first public sector enterprise in India which started producing aluminium in 1974. Till 2001, BALCO was a public sector enterprise owned 100% by Government of India. In 2001, Government of India divested 51% equity and management control in favour of Sterlite Industries India Limited.

There's a little history behind the privatisation of the company that was not doing so well being a public sector company. There were groups formed among people or rather BALCO employees namely supporters of privatisation and the ones who opposed it. Rallies and processions were carried out in the evenings to oppose the privatisation and those who supported it were left in minority. Eventually, things happened as they were planned and the company was listed under Sterlite. There were allegation of scam involved in disinvestment of BALCO.

From Wikipedia’s article on Bharat Aluminium Company, shared under CC BY-SA 4.0.⁵

Products and brands

aluminium

Listed on Wikidata.¹

Subsidiaries and ownership

Parent company (GLEIF)

VEDANTA ALUMINIUM METAL LIMITED³

Ultimate parent

Vedanta Resources³

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Controversies and legal

Criticism

Safety concerns

A chimney under construction by Gannon Dunkerley & Company at the Balco smelter in Korba, Chhattisgarh collapsed on 23 September 2009 killing 49 workers.