A PROJECT REPORT ON

“PERFORMANCE APPRAISAL PROCEDURE”

A PROJECT REPORT ON
“PERFORMANCE APPRAISAL PROCEDURE”
AT
NATIONAL ALUMINIUM COMPANY LIMITED
(HUMAN RESOURCE MANAGEMENT)

Prepared By:
Surekha Nayak
ROLL NO. 13234V074316
ENROLMENT NO-07/102/316
Under the Guidance Of
MR. S.K JENA
Chief Manager Finance (Nalco
URCE MANAGEMENT)

DECLARATION
I Miss Surekha Nayak, do here by declare that dissertation titled
“PERFORMANCE APPRAISAL PROCEDURE” at
NALCO, Bhubaneswar submitted by me to the DDCE; Utkal
University as a part fulfillment of the award of the Master´s degree of
Business Administration is my own Research work.

This project embodies the findings and observation of my study and has not been
submitted to any other institution/ university or published at anywhere before.

Date
ACKNOWLEDGMENT
I would like to express my profound sense of gratitude and heartful thanks to my guide
Mr. Manoj Kumar Mohanty (Asst. Manager(H.R.D)) for her constant encouragement guidance
without which this Dissertation.

I am highly thankful to my esteemed faculty Prof. S.K. Tripathy for her constant
encouragement, inspiration, valuable advice & most scholar guidance in conducting this study &
preparing the project work.

Special vote of thanks Mr. Subas Chandra Jena, Asst. General Manager (HRD). Kindly
permitted me to carry on this project and for her expert suggestions and support.

I further extend my deepest gratitude to other people working in the OHPC. Ltd. For their
support in several ways which made possible to complete this study in time.

Lastly I would like to thank to my family and friends for their

CHAPTER - 3
Company profile
HISTORY OF NALCO:

The story of NALCO is deep routed in the bound and benevolence of benign mother earth and in the
indomitable spirit of man. The years of unseen and unsung quest of prospectus in the hostile wilder leads to a
momentous discovery of over one thousand million ton bauxite reserve in 1975. the country is pushed up to the 5th
rank in the world resources graph, with a total estimated reserve of 2900 million ton.

The government of India on 28th march, 1978 authorizes aluminium pechinery of France to prepare a
feasibility report on industrial exploitation of bauxite for establishment of an integrated aluminium complex.
Feasibility study focus on panchpatmali, 30km east of koraput in orrisa and 130km north of vizag port, containing
the single largest deposit of 310 million ton of bauxite of unquestionable potential.
 In may 1980, Bharat Aluminium Company limited the forerunner in public sector aluminium industry,
puts forth the orissa aluminium complex proposal to the government of India. The govt takes the investment
decision on 1st November 1980. Thus, NALCO, truly and national venture to take the country forwarding the world
aluminium market, a unique product of judicious deliberations and prudent planning gets incorporated on 7th Jan
1981. yet another saga of human enterprise begins as time moves on to create new patterns of sweat and success.

On 9 January the newly founded NALCO signs an agreement of collaboration for latest technology know-
how and basic engineering with aluminium pechinery the world leader to set up Asia’s largest integrated aluminium
complex.

Flurry of project activities follow in the months to come, NALCO establishes unique landmarks
in the history of project management in Indian industry despite difficult project logistics and
multiplication sites. NALCO goes into production in a phased manner, starting from 1985.

The complete and firm reliability of project of financing was another hallmark. The total capital
cost of rs2408 was partly financed by a rs1119 crore equivalent Eurodollar loan raised through a
consortium of international banks and the balance rs1289 crore coming in from the government of India
plan funds.

Thus, NALCO heralded a new era of aluminium making of world standard aluminium products.
Time moves on. NALCO takes bold initiatives to enter the export market, gets LME registration for its
products acquires ISO certification units pre-pays overseas debts, receives awards, recognitions, and
accolades for continuously improved performance on all fronts.

As NALCO enters the 25th year of its existence in 2005, a national asset worth above rs10000 crore gets
created out of an initial investment of rs2408 crore while yielding rich dividends for the country, for the state and for
people at large. Thus, NALCO’ s success story continuous

Nalco Overview

Incorporated in 1981, as a Public Sector enterprise of the Government of India National Aluminium

Company Limited (Nalco) is Asia's largest integrated aluminium complex, encompassing bauxite rnining, alumina

refining, aluminium smelting and casting, power generation, rail and port operations.

Commissioned during 1985-87, under extremeSy difficult logisties of project management, that too

without time or cost over-runs. Nalco has emerged to be a star performer in production and export of alumina and

aluminium and more signitlcantly, in propelling self-sustained growth.

certification of quality management, LME registration of products environment care conforming to ISO

14001, iow cost operations. international customer base, Nalco has continued to add value and is

posed to grow further.

Transparent and successfijl operations of Nalco, as well as its contributions. have brought about

remarkable socio-economic progress in the two underdeveloped districts of Orissa, where the company's

plant and facilities are located.

Technical Features

Bauxite Mine,
Panchpatmali, Orissa,
48,00,000 tpa

Fully mechanised open cast mines with computerised mine planning.

370 million tonnes deposit estimated

14.6 kms - long single - flight multi corve

1 800 tph capacity computerised conveyor system for transportation of Ore

02.
Alumina Plant
Damanjodi, Orissa,
15, 75, 000 tpa

Atmospheric pressure digestion process

Energy efficient fludised bed calciners

Co-generation of 3 X 18.5 MW power by back pressure turbines from process
steam.

Integrated facilities for manufacture speciality aluminas, Hydrates and Zeolite

03.
Aluminium Plant,
Angul, Orissa,
3, 45, 000 tpa

Advanced 1 80 KA Cell Technology

Micro - Processor based Pot-Regulation System

Fume ireaimeni wiih dry-scrubbing system

Integrated annode making , aluminium casting and rolling facilities.

04.Power Plant,
Angul, Orissa,
960 MW

Micro-processor based burner management.

Automatic turbine run up system

Specially designed high pressure boilers

Advanced electrostatic precipitators.
05.Port Farilities ,
Vizag,
Andhra Pradesh.

For export of Alumina and Import of Caustic Soda Lye

Mechanised storage facility of 3 x 25, 000 T capacity

Mechanised Mobile Ship loader of 2200 tph capacity
Capacity to handle ships up to 35000 DWT

Nalco Products
CALCINED ALUMINA

Product Code : C A 10

Chemical Formula: AL2O2

Type ; Sandy - coarse