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Frontline Corp receives confirmation of extension of previous agreement with CocoCola Beverage

17 Mar 2020 Evaluate

Frontline Corporation has received confirmation of extension (One Year) of previous agreement for working with CocoCola Beverage.  As per the revised agreements, Fixed Charges for 9 MT will be Rs 49000 per month for per Vehicles; Fixed Charges for 16 MT will be Rs 65000 per month for per Vehicles; and Variable Diesel price revision would be for 9 MT Diesel rate 5 KMPL+ Rs 1.20 per km (Tyre Expenses & Maintenance Expenses) and for 16 MT Diesel rate 3 KMPL+ Rs 1.50 per km (Tyre Expenses & Maintenance Expenses).

Frontline Corporation’s business is spread over a varied sectors; it is engaged in wind energy, coal & coke, industrial chemicals, warehousing, refractories, automotive components, and transportation.

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