Powermech - Got Order of 717.45 Crores

DBL has received Letter of Acceptance (LOA) for a new OB Removal Contract of a Mining Project valued at Rs. 717.45 Crores (excluding GST) by the Northern Coalfield Limited (NCL), a subsidiary of Coal India Limited, for its Jayant OCP Project at Singrauli in the State of Madhya Pradesh.

In continuation with our announcement dated August 02, 2018 and in accordance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that the Company has received Letter of Acceptance (LOA) by Northern Coalfield Limited (NCL), Singaruli, Madhya Pradesh for Removal of Over burden in the State of Madhya Pradesh.