Online Business

Fire at MCL coal mines affects Nalco production

Fire at the MCL Bharatpur coal mines today affected power generation from the captive power plant of Nalco, official sources said. - Nalco seeks financial partners to fund Iran project - Nalco up on hike in prices - Nalco hikes prices by Rs 3,500 a tonne - NPCIL needs Rs 1 lakh crore for capacity addition by 2020 - Commercial tax collection up 19% - Nalco second phase expansion nearing completion Fire damaged heavy-duty electric motors of MCL and Nalco"s conveyor belt estimated at around Rs 2 crore besides interrupting operation of Nalco"s Smelter Plant at Angul, the sources said. As the conveyor belts which transport coal from the Bharatpur bunker-cum-hopper to Nalco captive plant through a merry go round system were damaged, Nalco authorities stopped operations at its No 1 and No 9 units of the plant. Nalco, a Navratna, requires 15,000 tonnes of coal per day to run its nine units fully. Since Nalco has 960 pots at its smelter plant and power is a raw material for aluminium production, the company is likely to sustain loss of 10-15 tonnes of aluminium daily, Executive Director CPP D C Sahu said.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
New order boosts HCL Tech
HCL Technologies closed at Rs 355, higher by Rs 6 or 1%, on the BSE. It opened at Rs 350 and touched a high of Rs 357 and a low of Rs 349 during the day. The stock saw trading volumes of 517,850 shares as against the 2-week average of 172,036 shares.
Popular Articles
payday loans online

US sweetener maker Merisant plans to expand Equal's portfolio
Betting big on the Indian market US-based sugar-free sweetener maker Merisant Inc, which sells its product under the brand "Equal" is planning to introduce three more flavours within the next one year, besides, increasing presence in Tier II cities and rural markets.
Polygraphy
Pharma world discovers Bharat
After decades of hunt for fortune abroad, India’s pharmaceutical companies now plan to strike gold in their own backyard. Large players from Ranbaxy to Dr Reddy’s and Piramal Healthcare are all headed to rural India to boost their revenues.