India: UltraTech purchases more coal linkages

India: UltraTech purchases more coal linkages
Published: 27 July 2016


UltraTech Cement has won an auction for 95,000t of coal from Junadhi Mines in Chhattisgarh. The rights to use the coal are being sold off as part of a wider exercise within the Indian coal industry. 

UltraTech will pay INR1050/t (US$15.60/t) for the coal.