29 MARCH 2016www.dnaindia.com
NALCO signs allotment agreement for coal blocks in Odisha
Edited by : AL CIRCLE
1 min read
National Aluminium Company Limited (NALCO) had been allotted Utkal-D & E coal blocks, near the company's Captive Power Plant in Angul district of Odisha.
The allotment agreement for these blocks having a reserve of more than 200 million tonnes of coal was signed between the Centre and NALCO in New Delhi on Tuesday, last week.
Terming it as a Holi gift, NALCO CMD T K Chand thanked the Union Government and congratulated all the employees as well as the stakeholders.
"The company's smooth operation and expansion plans hinged on the allocation of these blocks. With this, NALCO s captive resources have been enriched, which will see the company through the next three decades and more," said Chand.
Vivek Bharadwaj, Nominated Authority, on behalf of Government of India and D Manjit, GM (Coal Mines Division), NALCO signed the agreement.
N R Mohanty, Director (P&T) handed over the documents to Chand on Wednesday, last week at Bhubaneswar.
The allotment agreement for these blocks having a reserve of more than 200 million tonnes of coal was signed between the Centre and NALCO in New Delhi on Tuesday, last week.
Terming it as a Holi gift, NALCO CMD T K Chand thanked the Union Government and congratulated all the employees as well as the stakeholders.
"The company's smooth operation and expansion plans hinged on the allocation of these blocks. With this, NALCO s captive resources have been enriched, which will see the company through the next three decades and more," said Chand.
Vivek Bharadwaj, Nominated Authority, on behalf of Government of India and D Manjit, GM (Coal Mines Division), NALCO signed the agreement.
N R Mohanty, Director (P&T) handed over the documents to Chand on Wednesday, last week at Bhubaneswar.
Unlock full access – sign up for FREE.
Key benefits
Find exclusive data-driven insights and in-depth analysis
Get our daily newsletter delivered straight to your inbox
Access real-time and historical price trends from global indices
Post and respond to latest business leads
Stay ahead with alerts on learning tools
...and so much more!SIGN UP / LOGIN
Previous article
MCX Aluminium strengthens on increased demand
Next articleAbout 43% of Chinese aluminium smelters see aluminium prices rise this week
Grow with
AL Circle
