Deals21 Feb 2025, 06:43 pm
Vraj Iron And Steel Ltd Wins Successful Bid in Coal Linkage Auction for 78000 MT Annual Coal Supply
AI Summary
Vraj Iron And Steel Ltd has announced its successful bid in the Coal Linkage Auction conducted by SECL. The company has won the bid for 78000 MT per annum coal linkages from five different collieries. This strategic win will ensure a long-term fuel supply for the company's plants located near the coal mines. The company is planning to participate in future linkage auctions to continue this supply.
Key Highlights
- Vraj Iron And Steel Ltd wins successful bid in Coal Linkage Auction
- Company secures 78000 MT annual coal linkages from five collieries
- Win ensures long-term fuel supply for company's plants
- Company to participate in future linkage auctions
- Strategic move to secure fuel supply