Deals29 Feb 2024, 10:30 pm
Star Cement Ltd. Secures Coal Supply Agreement for 10 Years
AI Summary
Star Cement Ltd. and its material subsidiary, M/s. Star Cement Meghalaya Limited, have received a letter of intimation from Coal India Limited as successful bidders for the procurement of 3.12 lacs tonnes of coal per annum for a period of 10 years. This is in addition to the existing Fuel Supply Agreements (FSA) in subsidiaries.,
Key Highlights
- Secured long-term coal supply agreement with Coal India Limited
- Procuring coal for 10 years
- Existing FSA in subsidiaries