NACOF inks long-term supply pact for potash with Canada's Encanto

Encanto will supply minimum 5 mn tonnes of MOP annually for a period of 20 years

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BS B2B Bureau Mumbai

Last Updated : Jan 20 2017 | 12:35 PM IST

National Federation of Farmers' Procurement, Processing and Retailing Cooperatives of India Limited (NACOF) has entered into a long-term agreement to procure muriate of potash (MOP) – a key fertiliser - from the Canada-based Encanto Potash Corp.

As per the agreement, Encanto will supply minimum 5 million tonnes per year of MOP for a guaranteed period of twenty years to NACOF. Food security obtained via procurement of an alternative supply of MOP and eliminating middlemen for Indian farmers is a fundamental objective for NACOF.

NACOF is India's national farming cooperative established by the Joint Secretary and Central Registrar, Cooperative Societies under the Ministry

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