Corporate Announcement
Security Code : 532734    Company : GPIL    
 
Intimation Regarding Long Term Coal Linkage Download PDF Download XBRL
  Exchange Received Time  19/07/2018 11:10:21         Exchange Disseminated Time   19/07/2018 11:10:27              Time Taken   00:00:06
Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, we wish to inform you that our Company has been awarded 1,15,900 metric tonnes of Long-Term Coal Linkage to be used in the Company's Sponge Iron Unit in the recently concluded Coal Linkage Auction made by Coal India Limited under auction of coal linkages in the sponge iron sub-sector (Tranche IV Scheme). With this additional quantity of coal linkage the aggregate quantity of coal linkage for Sponge Iron Division shall be 4,95,000 metric tonnes. In addition to this the Company has got 1,11,600 metric tonnes of coal linkage for its Gassifier Units, 98,064 metric tonnes of coal linkage for its Captive Power Plant and 13,900 metric tonnes of coal linkage for its Biomass Power Plant. Thus the total long term coal linkage awarded to the Company aggregates to 7,18,564 metric tones which fulfills the 80% of the total coal requirement of the Company.


 

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