About Us

Company Profile

Pioneer Aluminium Industries Limited was established in India in 2007 as a joint venture led by the promoters of Penna Group under an MoU signed with the Government of Andhra Pradesh, for setting up an Alumina Refinery, Aluminium Smelter and Alumina/Aluminium-related products. Pioneer Aluminium is jointly owned by Penna Group (68%), Rescom Group through its investment arm KCap Holdings (26%) and others, since 2021.

PENNA GROUP

Penna Cement - Pioneer Aluminium Industries Limited
  • Penna Group is a conglomerate with a presence in limestone mining, cement, power, alumina and construction in India.
  • Its flagship enterprise, Penna Cement, was founded in 1991 and is one of India's largest privately held cement companies with an installed cement capacity of 10 Mtpa and 1,400+ employees.
  • Penna brings decades of experience in industrial raw material preparation, processing, packaging, transportation and logistics.

RESCOM GROUP

Rescom Logo - Pioneer Aluminium Industries Limited
  • Established in 1973 in the UAE as a mining and commodity trading company, the Group commenced operations by supplying Barite to companies such as Halliburton, Schlumberger and Baker Hughes.
  • With an active presence in Bauxite and Alumina for over 30 years, Rescom is currently focused on three verticals – Alumina, Barite and Metallurgical Coal.
  • Rescom brings decades of experience in mining, commodity trading and financing.

Our first phase comprises an Alumina refinery of 1.5 Mtpa capacity, a 3×74.6 MW Co-Generation Plant and all allied infrastructure. The refinery has two identical trains and is being debottlenecked to a capacity of 2 Mtpa of sandy metallurgical-grade Alumina and has been strategically designed to facilitate easy expansion to double the capacity

With a view that the Alumina produced would mostly be exported, a sector-specific Special Economic Zone (SEZ) status has been granted to Pioneer Aluminium by the Ministry of Commerce, New Delhi (Government of India).

Plant - Pioneer Aluminium Industries Limited
Pioneer’s Alumina Refinery is strategically located in the Anakappalli district in the State of Andhra Pradesh on the east coast of India near the ports of Visakhapatnam (75km), Gangavaram (60km) and Kakinada (140km). This proximity to Middle East and Southeast Asian smelters provides the refinery with very competitive pricing advantages.

Board of Directors

Mr. Puttamreddy Ramesh Reddy

Whole-Time Director

Mr. Puttamreddy Prathap Reddy

Chairman

Mr. Lankapalli Sundara Rao

Whole-Time Director

Mr. Garisa Ramakrishna Reddy

Independent Director

Ms. Bathena Shruthi Reddy

Independent Director

Mr. Koneru Madhu

Additional Director (Non-Executive)
  • The Project comprises of a bauxite refinery with 1.5 million ton Alumina capacity per annum and an aluminum smelter with 250,000 ton Aluminium capacity per annum to be implemented in phases and 3x74.5 MW Co-gen Plant
  • In line with MoU, GoAP acquired the required land of 1925.36 acres through its arm M/s Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC) at MakavarapalemMandal, Visakhapatnam District and registered 1925.36 acres of land in favour of the Company vide Sale Deed dated 19th February, 2009 and 6th August, 2009.
  • Keeping in view of the total product to be exported the Company has obtained sector specific Special Economic Zone (SEZ) status from the Ministry of Commerce Government of India, New Delhi vide letter no.F.1/116/2008-SEZ dated 24th December, 2008.
  • M/s. M. N. Dastur& Company (P) Ltd., Kolkata was appointed to conduct theDetailed Feasibility Report for the 1st Phase of the Project
  • The Financial Closure for the 1st Phase of the Project was achieved through a Consortium of 24 Banks headed by State Bank of India

Our Mission

Our mission is to produce high-quality metallurgical grade alumina and Hydrate Alumina that meet the needs of our customers in Aluminium Smelting and Chemical Industry while adhering to the highest standards of safety, quality, and sustainability, thus striving to be the best in the industry in all respects. We strive to create value for our stakeholders, promote a culture of excellence, and support the communities in which we operate.

Our Vision

Our vision is to be the most efficient and reliable alumina producer, delivering high Productivity, consistent quality and exceptional customer service. We aim to build strong partnerships with our customers and suppliers while promoting sustainable practices and supporting the communities in which we operate.

Our Values

  • Our charter of values states our commitment in respect of the following principles:
  • Honesty, fairness, integrity, transparency, and mutual respect in managing the company and its relations with all stakeholders, nearby communities and markets.

Our Responsibilities

We safeguard the environment by pursuing a harmonious integration of each industrial plant within its landscape and developing innovative technologies to save natural resources.

  • An inclusive process with the community to understand its needs to create value and widespread opportunities.
  • Promoting innovation aimed at industrial growth and sustainable development.
  • Protecting the individual by valuing cultural identity, professional growth, and workplace safety.

Future Roadmap

To meet the logistical demands of our large-scale alumina refinery, our management is currently developing the following initiatives:
  • Railway facilities: Establishing railway connections to ports and suppliers, streamlining the transportation of raw materials, energy, and alumina.
  • Port storage and handling facilities: Investing in efficient import and export operations, enhancing our storage and handling capabilities at the port.
Both projects are expected to be completed within the next 24 to 30 months, significantly improving the logistical operations of our refinery and facilitating future expansion and allowing us to be amongst the best in the category.