Breaking News

You are here » Indian-Commodity  :  Top News  :  JSPL secures long term coal linkage of 0.5 MTPA for 5 years

30-Jan2017

JSPL secures long term coal linkage of 0.5 MTPA for 5 years

Jindal Steel & Power (JSPL) has secured long term coal linkage of a total quantity of 0.5 million tonnes per annum (MTPA) for the next 5 years in the recently concluded coal linkage auction under Sponge Iron sub-sector, conducted by Coal India. This sourcing of coal will help the company to secure fuel requirements and smooth operations of its sponge iron units.

The company had earlier secured 1.18 million tonnes of linkage capacity in Captive Power Plant (CPP) sub-sector and with this linkage in Sponge Iron sub-sector, the total coal linkage capacity of the company will be 1.68 MTPA.

JSPL is a part of Jindal Group and is a leading player in Steel, Power, Mining, Oil & Gas and Infrastructure. The company produces economical and efficient steel and power through backward integration from its own captive coal and iron-ore mines and passes on the benefits to its customers.




Related News

View all news

Gold futures trade higher on Monday

Gold futures traded higher on Monday, owing to increased safer asset investments amid receding concerns on global growth slowdown and worries on a potential US recession. Moreover, dimmer global market......

Turmeric futures trade higher on NCDEX

Turmeric futures traded higher on NCDEX on enlarged positions counting on uptick in demand for the crop in the physical market. However, new season arrivals and good production prospects, capped the upside......

Crude oil futures plunge on weak overseas cues

Crude oil futures plunged on MCX as speculators trimmed their position after tracking weak trend overseas amid worried about the prospect of a recession in the United States. The contract for April delivery......

Top News

View all news

Lupin receives USFDA's approval for Sildenafil Tablets

Lupin has received approval for its Sildenafil Tablets USP, 25 mg, 50 mg, and 100 mg from the United States Food and Drug Administration (USFDA) to market a generic version of Pfizer Inc's Viagra Tablets,......

HCL features as leader in Everest Group's Cloud Enablement Services PEAK Matrix Assessment 2019

HCL Technologies (HCL) has been recognized as a leader in Everest Group's Cloud Enablement Services PEAK Matrix Assessment 2019. Everest Group assessed the global cloud enablement service providers and......

Time Technoplast bags order for supply of PE Pipes

Time Technoplast has secured an order for supply of High Quality, High Pressure PE Pipes for prestigious water supply project in India assisted by International Development Agencies. This order from India's......