Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
Tamilnadu Coke & Power Ltd (TNCPL) has received orders for ₹23 crore in low ash metallurgical coke from Mukand Ltd, a speciality steel manufacturer, and SLR Metaliks Ltd, a Karnataka-based metals manufacturer. TNCPL is currently raising funds through an IPO.
This week, the company delivered LAM (low ash metallurgical) coke to Mukand Ltd. and will soon provide LAM coke to SLR Metaliks Ltd. “These new orders are a testament to our high-quality LAM Coke and the customers’ trust in our capabilities and commitment. As we embark on our journey towards an IPO, we are determined to expand our LAM Coke business to newer regions in the country,” said Ayaan Ahuja, Chairman & Managing Director of TNCPL.
The soon-to-be-listed TNCPL produces LAM coke by generating electricity from waste heat recovery, converting and selling coking coal, and making LAM coke.
Also Read : India's MOIL Limited revises manganese ore prices for July deliveries AESL wins Central Coalfields Ltd.'s ₹250 crore coal handling plant project