Monday, July 7, 2008

Coal.....

Coal Ministry, headed by Coal Secretary H C Gupta, decided to allocate the Behrabandh coking coal block to Vinod Mittal-led Ispat Industries on a sharing basis with Essar, Mukund Steel and Ind Synergy.

Of the total 170 mn tons reserves, Ispat Industries was allocated 70 mn tons, while Essar and Mukund 53 and 25 mn tons respectively. Orissa's Ind Synergy got the rest.

Coking coal is a major raw material for steel making in addition to iron ore.

Posted by Sachin Shahane at 11:28 PM  

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