Prakash Industries secures long term coal linkages for captive power plant
7th Dec 2021

Prakash Industries has secured Long Term Coal Linkages of 8, 10,200 MT per annum for next 5 years for its captive power plant in the coal linkage auction concluded on December 7, 2021 by Coal India under Tranche-V in the CPP subsector.  

The said linkages will insulate the company against the volatility in the coal prices and thus provide long term stability to the operations of the company and improve its operating and financial performance.

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.