News Brief | October 2015
Government allocates coal blocks
The Centre allocated Utkal D and E coal blocks in favour of NALCO which has already set up a 4.6 lakh tonne smelter and 1,200 MW Captive Power Plant in Odisha´s Angul district.
With allocation of the two coal blocks, 200 mt of coal will be added to Nalco´s captive resources, which will see the company through the next three decades and more. Though the Utkal E coal block was allotted to Nalco in 2004, it was later cancelled in the wake of a Supreme Court judgement.