Welspun Corp commissions Coke Oven plant in Anjar, Gujarat

Welspun Corp Limited (WCL) has announced the commissioning of its state-of-the-art Coke Oven plant in Anjar, Gujarat through Welspun Metallics Limited, a wholly owned subsidiary of the Company.

This facility has a production capacity of approximately 210,000 MT per annum of Coke which will primarily be used in the Blast Furnace for manufacturing of Hot Metal. This will help with continuous supply of high-quality coke at a competitive cost to run the plant efficiently.

Commenting on this, Mr. Vipul Mathur, Managing Director and Chief Executive Officer, WCL said, "I am delighted to see the facility being commissioned in record time despite multiple external challenges. This is a significant milestone in our quest to manufacture high quality Ductile Iron Pipes. The Coke Oven, which is built with the latest technology, adhering to the highest safety and environmental standards, will help us in optimizing our input costs."

Shares of Welspun Corp Limited was last trading in BSE at Rs. 203.70 as compared to the previous close of Rs. 216.85. The total number of shares traded during the day was 63708 in over 2170 trades.

The stock hit an intraday high of Rs. 217.10 and intraday low of 202.00. The net turnover during the day was Rs. 13415095.00.

Source : Equity Bulls

Keywords

WelspunCorp INE191B01025 CokeOvenPlant Anjar Gujarat WelspunMetallics