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Prism Cement awards contract to India Resources
Cement

Prism Cement awards contract to India Resources

Prism Cement has awarded Perth-based company India Resources a Rs 1,200 crore contract to develop a captive coal mine, underscoring a growing trend of Indian companies outsourcing their mining operations to foreign entities. India Resources (IRL) will develop and operate the first phase of Prism's Sial- Ghogri coal deposit in Chhindwara district in Madhya Pradesh for 30 years. The mine, which is expected to produce 9.06 mn tonne of coal, was awarded to Prism for its cement plant at Satna.

Contact: Prism Cement.
Tel: 022-6675 4142.
Fax:022-2600 1304.
Website: www.prismcement.com

Prism Cement has awarded Perth-based company India Resources a Rs 1,200 crore contract to develop a captive coal mine, underscoring a growing trend of Indian companies outsourcing their mining operations to foreign entities. India Resources (IRL) will develop and operate the first phase of Prism's Sial- Ghogri coal deposit in Chhindwara district in Madhya Pradesh for 30 years. The mine, which is expected to produce 9.06 mn tonne of coal, was awarded to Prism for its cement plant at Satna.Contact: Prism Cement.Tel: 022-6675 4142.Fax:022-2600 1304. Website: www.prismcement.com

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