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.
