dkishore
17-11-2007, 11:12 AM
Copper producer Sterlite Industries India Ltd on Friday said that its subsidiary Sterlite Energy Ltd has been jointly allocated captive coal blocks in Orissa in collaboration with five other companies.
The Ministry of Coal sanctioned the captive coal blocks of Rampia and Dip Side of Rampia in Orissa, the company said in a filing to the BSE. Sterlite Energy will get 112 million tonnes of coal in its proportionate share from these coal blocks. The comp any's subsidiary Bharat Aluminium Company Ltd (BALCO) has also been exclusively allocated the Durgapur-II /Taraimar coal block in Chhattisgarh which has reserves of 211 million tonnes of coal. The shares of the company advanced 1.14 per cent to Rs 1019. 60 at the close of trading on the BSE
The Ministry of Coal sanctioned the captive coal blocks of Rampia and Dip Side of Rampia in Orissa, the company said in a filing to the BSE. Sterlite Energy will get 112 million tonnes of coal in its proportionate share from these coal blocks. The comp any's subsidiary Bharat Aluminium Company Ltd (BALCO) has also been exclusively allocated the Durgapur-II /Taraimar coal block in Chhattisgarh which has reserves of 211 million tonnes of coal. The shares of the company advanced 1.14 per cent to Rs 1019. 60 at the close of trading on the BSE