On March 4,2001 Balco went into the hands of Sterltie Industries to be greeted only by a prolonged strike which lasted over two months causing large losses. Later on Supreme Court upheld the sell off and work has resumed, pots have been repaired and the plant is said to be back to normal.Chairman Anil Aggarwal is talking of increasing the smelter capacity to 250,000 to 350,000 tons with matching alumina refinery and the current year would see whether any definite action is being taken on this.
NSTL
