OREANDA-NEWS. October 16, 2012. In a momentous step in Corporate Governance,National Aluminium Company Limited (NALCO) has adopted the Integrity Pact Program. Integrity Pact would be used in respect of procurement transactions and contracts to make the whole system more transparent. This is in compliance with the guidelines of Dept. of Public Enterprises, in consultation with Ministry of Mines, Govt. of India.

Following the Pact, the first meeting was held at NALCO Corporate Office here today, which was chaired by Shri Ansuman Das, CMD. The two nominated Independent External Monitors Shri D.P. Bagchi, IAS (Retd) and Shri B.B. Mishra, IPS (Retd), clarified various points related to the implementation of the Program. Shri S.S. Mahapatra, Director (Production) and Shri P.K. Mohanty, IAS, CVO, also spoke on the occasion.