To get fuel supply for its captive power plant, National Aluminium Company (NALCO) has signed a long term fuel supply agreement with Mahanadi Coalfield (MCL). As part the pact, MCL will supply 47.16 lakh tonne of coal to NALCO's captive power plant at Angul and 8,73,324 tonne of coal for its steam cum power generation plant, at Damanjodi.
NALCO is a navratna PSU under the Union Ninistry of mines.
Under the agreement, which is for a period of five years from 2013 to 2018, was signed by SS. Mahapatra, Director (Production), NALCO and AK Tiwari, Director (Techical /Operations), MCL, on August 21, say media reports.