Don’t miss the latest developments in business and finance.

Premier Explosives bags Rs 72.95 cr order from Singareni Collieries

The company has bagged the order for supplying explosives and other accessories to Singareni Collieries

Image
BS B2B Bureau Mumbai
Last Updated : Jun 13 2016 | 2:00 PM IST
Premier Explosives Ltd Singareni Collieries Company Limited, which manufactures the entire range of commercial explosives and accessories for the civil requirements, has bagged an order worth Rs 72.95 crores from Singareni Collieries Company Limited.
 
“The company has bagged an order worth Rs 72.95 crores for the supply of SMS/SME explosives, LDC explosives and accessories for use in blasting for OB removal work at all the open cast projects of the Singareni Collieries Company Limited for a period of 2 years, ie from 2016 to 2018,” said Premier Explosives in a BSE filing today.
 
The Singareni Collieries Company Limited (SCCL) is jointly owned by the Government of Telangana and Government of India on a 51:49 equity basis. The Singareni coal reserves stretch across 350 km of the Pranahita - Godavari Valley of Telangana with a proven geological reserves aggregating to 8791 million tonnes. SCCL is currently operating 16 opencast and 30 underground mines in 4 districts of Telangana.

More From This Section

First Published: Jun 13 2016 | 1:58 PM IST

Next Story