Shree Cement to purchase 500,000 metric tonnes of coal

Shree Cement to purchase 500,000 metric tonnes of coal

Shree Cement Ltd has agreed to buy 500,000 metric tonnes of imported coal for delivery by April 2011. The Kolkata-based cement maker paid a delivered price of $105 a tonne for the imported coal used in power plants. Last month, the company took delivery of a 147,000 tonne cargo at Navlakhi port in western India. India's thermal-coal imports rose by about 16 per cent to 44 mt in the year ended March 2010, according to data from the coal ministry. The country faces a shortfall of 52 mt in the year ending March 2011, according to a statement by Coal Minister Sriprakash Jaiswal.
Contact:
Shree Cement Limited
Tel: 01462-228101-06
Fax: 01462-228 117/228 119
Email:

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