Godawari Power And Ispat Ltd.

BSE: 532734 | NSE: GPIL
Small Cap | Steel & Iron Products
241.20
-1.30 (-0.54%)
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Godawari Power & Ispat informs about company updates

Date: 19-07-2018

Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, Godawari Power & Ispat has informed that the Company has been awarded 1,15,900 metric tonnes of Long-Term Coal Linkage to be used in the Company’s Sponge Iron Unit in the recently concluded Coal Linkage Auction made by Coal India under auction of coal linkages in the sponge iron sub-sector (Tranche IV Scheme). With this additional quantity of coal linkage the aggregate quantity of coal linkage for Sponge Iron Division shall be 4,95,000 metric tonnes. In addition to this the Company has got 1,11,600 metric tonnes of coal linkage for its Gassifier Units, 98,064 metric tonnes of coal linkage for its Captive Power Plant and 13,900 metric tonnes of coal linkage for its Biomass Power Plant. Thus the total long term coal linkage awarded to the Company aggregates to 7,18,564 metric tones which fulfills the 80% of the total coal requirement of the Company.

The above information is a part of company’s filings submitted to BSE.