Prakash Industries has secured allocation of long-term coal linkages of 1.69 lakh MT per annum for the next 5 years for its 6th Sponge Iron Kiln. The total long term coal linkage now stands at 17.04 lakh tonnes per annum.
These linkages will result in substantial cost savings in sponge iron production at its integrated steel plant at Champa, Chhattisgarh.
Prakash Industries is an integrated steel and power company. Its products include coal mines, iron ore mines, sponge iron, power, steel melting shop and ferro alloys.
