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HINDALCO INDUSTRIES LTD. - Clarification
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25 Sep 2014
Hindalco Industries Ltd has informed BSE about The Supreme Court in his order dated Sept 24, 2014 i.e. Yesterday ) cancelled 214 of 218 coal block allocations done from the period of 1993 to 2010. &lt;br/&gt;&lt;br/&gt;The Company had been allocated four coal blocks as follows:&lt;br/&gt;&lt;br/&gt;1. Mahan coal block jointly with Essar Power Ltd. &lt;br/&gt;2. Tubed coal block jointly with Tata Power Ltd. &lt;br/&gt;3. Talabira II and III coal blocks jointly with Mahanadi Coal Fields Ltd and Nayveli Lignite Corporation Ltd. &lt;br/&gt;4. Talabira I coal block. &lt;br/&gt;&lt;br/&gt;Further note that Mahan, Tubed and Talabira II and III Coal blocks are not yet in operation while Talabira I coal block feeds coal to the power plant which supplies power to Company&apos;s Hirakud Smelter &lt;br/&gt; &lt;br/&gt;Presently we are not in a position to comment as we are currently evaluating the Supreme Court order and its implications.
View all announcements for HINDALCO INDUSTRIES LTD. Source: BSE India