National Aluminium Company (NALCO) has been granted the mining lease of the Utkal-D coal block by Odisha government. The Navratna CPSE, one of the leading producers of alumina and aluminum in the country, has been granted the mining lease by the state government through a notification issued on April 16, by the Steel and Mines department.
As per the notification, the mining lease of the Utkal-D coal block is over an area of 301.28 hectares in villages Kosala, Nandichood, Similisahi and Raijharan under Chendipada Tahasil of Angul District. Upon execution of the mining lease deed, the company is considering to open Utkal-D coal block in the financial year 2020-21. The initial capacity of Utkal-D coal block is 2 million tonne per year with a total mineable reserve of 101.68 million tonne.
NALCO has the largest integrated alumina-aluminium complex of Asia. Its integrated operations cover the entire aluminium production value chain from mining bauxite, refining alumina, smelting aluminium, captive power generation to a strong logistic network in terms of rail & port facilities, coal mining and handling plant to support its operations and to become one of the most cost-efficient aluminium companies across the globe.
| Company Name | CMP |
|---|---|
| National Aluminium | 438.70 |
| Maan Aluminium | 144.15 |
| Arfin India | 94.47 |
| Manaksia Aluminium | 31.35 |
| PG Foils | 216.40 |
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