Connect with us

Business

NALCO gets two coal blocks in Odisha

Published

9 years ago

on

Bhubaneswar: National Aluminium Company Ltd (NALCO), a Navratna PSU, on Tuesday said that it has bagged Utkal D and Utkal E coal blocks in Odisha’s Angul district, where the company’s 4.6 lakh tonne aluminium smelter and 1,200 MW captive power plant are located.

“The company’s smooth operation and expansion plans hinged on the allocation of these blocks,” NALCO CMD T.K. Chand said in a statement.

“With this, NALCO’s captive resources add 200 million tonnes of coal, which will see the company through the next three decades and more,” he added.

Utkal E coal block was allotted to NALCO by the union government in 2004 and the company spent Rs.126.34 crore on it, including Rs.98 crore towards compensation against land acquisition, said the release.

The company had also spent considerably on infrastructural facilities and various CSR activities in the area. However, the block’s cancellation following Supreme Court’s order came as a setback to the company.

NALCO was pursuing with government the re-allocation of coal block under the allocation route, as the end-use investment had already been made, and finally succeeded.

Chand thanked the mines and coal ministries for allocating the mines that will enable the company to meet its expansion plans.

Related Topics:
Continue Reading

Business

Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

on

May 5, 2022

By

If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

Continue Reading

Trending