Business Standard

Friday, December 20, 2024 | 08:10 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Godawari Power & Ispat secures coal linkages for 80% of its requirement

Image

Capital Market
Godawari Power & Ispat has been awarded 1,15,900 metric tonnes of Long-Term Coal Linkage to be used in the Company's Sponge Iron Unit in the recently concluded Coal Linkage Auction made by Coal India auction of coal linkages in the sponge iron sub-sector (Tranche IV Scheme).

With this additional quantity of coal linkage the aggregate quantity of coal linkage for Sponge Iron Division shall be 4,95,000 metric tonnes.

In addition to this the Company has got 1,11,600 metric tonnes of coal linkage for its Gassifier Units, 98,064 metric tonnes of coal linkage for its Captive Power Plant and 13,900 metric tonnes of coal linkage for its Biomass Power Plant.

 

Thus the total long term coal linkage awarded to the Company aggregates to 7,18,564 metric tones which fulfills the 80% of the total coal requirement of the Company.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 19 2018 | 11:07 AM IST

Explore News