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Tuesday, November 20, 2007
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Equity News
Nov 17 2007 10:16AM
Sterlite Energy jointly allocates captive coal blocks with five other companies
Sterlite Industries India has announced that its subsidiary Sterlite Energy has been jointly allocated with five other companies, the captive coal blocks of Rampia and Dip Side of Rampia in Orissa by MOC. Sterlite Energy will get 112 million tonnes of coal in its proportionate share from these coal blocks.

Company's subsidiary Bharat Aluminium Company has also been exclusively allocated the Durgapur-II /Taraimar coal block in Chhattisgarh which has reserves of 211 million tonnes of coal.

The company made this announcement after the trading hours on Friday, 16 November 2007.

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