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UltraTech Cement secures coal linkages

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Capital Market

From Dipka Mines (SCDG) in the State of Chhattisgarh

UltraTech Cement has participated in the auction of coal linkages for captive power plant sub-sector and won the following linkages from Dipka Mines (SCDG) in the State of Chhattisgarh:-

1. 27,600 Tons @ premium of Rs. 150/- over notified price of Rs. 970/- per ton

2. 19,700 Tons @ premium of Rs. 150/- over notified price of Rs. 970/- 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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First Published: Jul 28 2016 | 7:14 PM IST

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