Numaligarh Refinery Limited signed long term agreement with NALCO for supply of Calcined Petroleum Coke

Guwahati: Taking a step further in consolidating markets for Assam based Numaligarh Refinery Limited’s (NRL) product, the company signed an MoU with aluminum giant NALCO NSE 5.82 % for long term supply of Calcined Petroleum Coke (CPC) for a period of 5 years with an annual estimated sale of 40,000 MT.

In a statement the company stated exchange of agreement took place at NALCO Bhawan, Bhubaneswar in presence of Chairman & Managing Director, NALCO, Sridhar Patra , Managing Director NRL S.K.Barua and senior officials of both the companies. It will be a win-win situation for both organizations with NRL gaining a dedicated market while NALCO ensuring raw material security for itself.