Monnet Ispat and Energy has further extended the period of shutdown at its Raigarh plant. The company had declared a shutdown of the plant at Raigarh (Chhattisgarh) location other than Pellet plant and DRI plant for general maintenance for about 30 days with effect from June 21, 2019.
Monnet Ispat and Energy is a holding company. The company is engaged in the business of conducting coal mining operations and manufacturing coal-based sponge iron and various other steel/iron-based products.