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Prakash Industries deposits Rs 234.22 crore with Coal Controller

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Becomes eligible to participate in auction process

Prakash Industries announced that it has deposited a total amount of Rs 234.22 crore with the Coal Controller, Ministry of Coal, towards the additional levy against its Chotia Coal Block following the Hon'ble Supreme Court of India's order. The Company has now become eligible to participate in auction process as it was a precondition to first pay this additional levy to become eligible.

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First Published: Dec 31 2014 | 4:21 PM IST

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