
Business Update22 Oct 2026, 11:23 am
Apollo Micro Systems: Group Company Inaugurates New Plant
AI Summary
Apollo Micro Systems Limited announced that its group company, IDL Explosives Limited, has commissioned a new bulk explosives silo plant named Bolkunda Silo Unit near Asansol, West Bengal. The facility, spread over 8.4 acres, has a capacity of 9,000 MT and was inaugurated on October 22, 2026. This new unit expands IDL Explosives' national network and strengthens its capacity to service long-term bulk explosives orders from Coal India subsidiaries, aligning with the Apollo Group's energetics growth plan. The plant is strategically located to serve major mining operations in the Eastern and Central Coal Belts.
Key Highlights
- Group company IDL Explosives commissioned a new 9,000 MT bulk explosives silo plant.
- The Bolkunda Silo Unit is located near Asansol, West Bengal.
- Expands national network and strengthens capacity for Coal India subsidiaries.
- Supports Apollo Group's energetics growth strategy.
- Aims to enhance service to mining operations in key coal belts.
Price Impact
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