Shree Cement has said that it has secured supply of 60,000 tonnes per annum of coal from state-owned CIL arm Southern Eastern Coalfields.
The company participated in the auction for coal linkage from South Eastern Coalfields for the cement sector and won the coal linkage in Chhattisgarh, Shree Cement said in a BSE filing.
“The coal linkage is for the company’s cement plant at Raipur, Chhattisgarh. A formal communication vesting the above coal linkage will be received by the company in due course,” it added.
After the announcement, shares of Shree Cement settled for the day at Rs 15941.20, up 0.77 per cent on the BSE.