Following auction of coal linkages for cement sector
UltraTech Cement has participated in the auction of coal linkages for cement sector and won the following linkages in the State of Maharashtra:1. Penganga OC mines (Auction held on 28th June) - 52000 TPA of G10 Grade @ basic floor price of Rs. 1510 & premium of Rs. 20 per ton.
2. Mana Incline (Auction held on 1st July) - 30000 TPA of Grade 8 @ basic floor price of Rs. 2060 per ton.
A formal communication vesting the said linkages in the Company's favour is expected in due course.
The Company intends to participate in the future Linkage auctions for its plants located strategically near the coal mines.
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