SENSEX
NIFTY
GOLD
USD/INR

Weather

image 32    C

Economy News

The Economic Times

Economy / The Economic Times

details

Shyam Metalics invests in coal block bidder to boost raw material security

Shyam Metalics Group has secured strategic mining rights for the Phutamura coal block in Chhattisgarh. The investment in Alom Solar Private Limited aims to ensure a stable, long-term and cost-effective coal supply for its captive power generation and steel manufacturing operations. The investment also underscores the group's focus on sustainable growth and long-term value creation for stakeholders.

13 Oct 2026 12:48 pm