Chairperson - Pramod Mittal
MD - R K Jena
Directors - A K Bhattacharyya, C R Pradhan, Chittaranjan Pradhan, K P Khandelwal, Mahesh Trivedi, Pramod Mittal, R K Jena, R N Pandey, S K Majumdar, S K Pal, S M Ali, S Mohapatra, Trilochan Sharma, V K Mittal, Vilas V Jamnis

Total Income - Rs. 4476.747 Million ( year ending Mar2010)
Net Profit - Rs. 125.491 Million ( year ending Mar2010)

Balasore Alloys was incorporated in the year 1984 at Balasore, Orissa. It was formerly Ispat Alloys and is part of the renowned Ispat group of companies which is a major business house in the country, promoted by the Mittals. The groups companies are spread across six countries including Libya, Bosnia, Philippines, Azerbaijan and Uzbekistan.

Currently it operates 5 furnaces with total capacity of 57 MVA to produce 95,000 MT bulk ferro alloys per annum. With multiple furnaces of different capacities, the company has the flexibility to produce different types of ferro alloys as per market dynamics.

Award/recognition:

Balasore Alloys has received ISO-9002, ISO-14001 certification for its plant and ISO-9002 for its mines in Jajpur, Orissa. It follows various modern management initiatives such as six sigma, TPM, supply chain management and performance management systems for improvement of overall efficiency of the company.