Live
Jindal Steel and Power Ltd (JSPL) has secured long-term coal linkage of 0.5 million tonnes per annum for its sponge iron units.
Jindal Steel & Power Ltd has said in a regulatory filing that “The company has secured long term coal linkage of a total quantity of 0.5 million tonnes per annum for the next 5 years in the recently concluded coal linkage auction under sponge iron sub-sector, conducted by Coal India Ltd.”
“This sourcing of coal will help the company secure fuel requirements and smoothen operations of its sponge iron units.”
It further said that “with this linkage in sponge iron sub-sector, the total coal linkage capacity of the company will be 1.68 mtpa.”
