Radhikapur (East) Coal Block which was allocated to Tata Sponge Iron and its co-allottees stands to get de-allocated as Supreme Court of India pronounced the coal block allocation process as illegal and cancelled allocation of all, except four blocks.
Tata Sponge Iron is engaged in business of manufacturing high-grade sponge iron that is consistent in quality. The company has an annual manufacturing capacity of 390,000 tonnes of sponge iron from its three kilns. Its production plant is situated at Bilaipada in Orissa.
