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5 months ago
BRIEF-Prakash Industries executes fuel supply agreement with Coal India
March 10, 2017 / 9:34 AM / 5 months ago

BRIEF-Prakash Industries executes fuel supply agreement with Coal India

1 Min Read

March 10 (Reuters) - Prakash Industries Ltd:

* Executed fuel supply agreement with Coal India for coal linkages of 0.65 million tonnes p.a. for co's sponge iron operations for 5 years

* Says coal supplies under linkage began from current month

* Co is also lighting up its fifth sponge iron kiln in first week of April 2017

* Says modernisation of furnaces has been completed taking total capacity to 1.1 million tonnes

* Co is also recommissioning its medium and heavy structural mill at Raipur Source text: bit.ly/2m9Qk67 Further company coverage:

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