NALCO invites RFP for empanelment of CA/CMA firms for internal audit

NALCO invites RFP for empanelment of chartered accountant/cost accountant firms for conducting internal audit.

National Aluminium Company Limited (NALCO) invites Request for Proposal (RFP) for empanelment/ appointment of chartered accountant/ cost accountant firms for conducting internal audit.

National Aluminium Company Limited (NALCO) is a Navratna CPSE under administrative control of Ministry of Mines, Govt. of India. It is looking for reputed and experienced Chartered / Cost Accountant Firms/LLPs for Internal Audit assignments for 3 years (annual renewal subject to satisfactory performance) at our various locations.

The areas of operation are primarily situated in the Odisha and Vishakhapatnam (Andhra Pradesh), for administrative convenience and smooth auditing, the Chartered Accountant / Cost Accountant firms having their headquarters in Odisha & Vishakhapatnam would be considered for the internal audit assignments at our Corporate Office, S&P Complex and M&R Complex/Port facility.

Interested CA/CMA firms/LLPs having requisite qualification and experience may send their profile as per the Format of Application by 24 November, 2025 through e-mail to Mr Alok Tripathy, DGM(Fin) on alok.tripathy@nalcoindia.co.in with copy to Mr Sanjaya Kumar Sahoo, CGM(Fin) & Chief Internal Auditor on sanjaya.sahoo@nalcoindia.co.in followed by submission  of signed hardcopies, along with financial bid in a separate envelope, on following address in an envelope superscribing “Appointment / Empanelment Firms for conducting Internal Audit for 2026”,  latest by 24 November’ 2025 at 05.00 pm. Bids received after the scheduled date shall not be considered.

The empanelment of the Audit Firms / LLPs shall be for three years w.e.f. January, 2026, and appointment of the firms / LLPs shall be on yearly basis, subject to satisfactory performance of the respective firms / LLPs. 

Remuneration and Other Facilities:  Estimated maximum professional fees (per annum) for the 1st year shall be as under against each Audit Clusters which are subject to downward revisions based on the discount offered by the bidder   The fees are excluding GST, which shall be paid extra. The finalized fees for 1st  year would be escalated at a simple factor of 5% per year.

The CA/CMA firms / LLPs who have been assigned the work of Statutory Audit/Internal Audit/ Physical Verification of Fixed Assets and Inventories under CARO in NALCO during the period ending Sep, 2025, shall not be considered for current RFP. Moreover, there should be a holiday period of 1 year as on 30.09.2025 for previous auditors, i.e. the auditors having assignment for Statutory audit/Internal Audit/Physical Verification of Fixed Assets and Inventories in NALCO during 1st October, 2024 to 30th September, 2025 shall also not be considered. Thus, these firms / LLPs should not apply for empanelment/assignment.

Download Copy of NALCO RFP Click Here >>

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