Tata Sponge allotted Coal Block by Coal Ministry

MLumbai, Mar 20 (UNI) Tata Sponge Iron today informed BSE that the company along with Messrs Scaw Industries and SPS Sponge Iron have been allotted a coal block by the Coal Ministry.

The block contains 'E' to 'G' grade coals which will need to be washed in a coal washery to bring down the ash level before consumption in sponge iron kilns.

The coal middlings produced as a by-product as well as rejects can be utilised for generating electrical power at pit head which proposal is yet to be considered by the Board. With the allotment of the coal block, the company will be well placed for its future growth. The coal block is expected to become operational within 36 months from allotment.

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