Nava Bharat arm places order for coal handling plant
Source: IRIS (16-SEP-10)
Nava Bharat Ventures today announced that its subsidiary Nava Bharat (Singapore) (P), Maamba Collieries, Zambia, has placed order for a new, eco-friendly coal handling and processing plant (CHPP) with a capacity of 2.4 million tons per annum of raw coal feed, on ELB Engineering Services (P), a renowned coal and material handling company in South Africa.
The CHPP will be commissioned by July 2011 with slated output of one million tons per annum of washed coal. The mine will be fully operating by July 2011-12.
Shares of the company declined Rs 2.85, or 0.72%, to settle at Rs 392. The total volume of shares traded was 8,564 at the BSE (Thursday).
Ce que l'on conçoit bien, s'énonce clairement, Et les mots pour le dire arrivent aisément. BOILEAU