Tamilnadu Coke & Power Secures ₹23 Crore Orders Prior to IPO, Fueling Expansion Agenda

Tamilnadu Coke & Power Ltd (TNCPL), in the midst of preparing for its initial public offering (IPO), has announced securing orders worth ₹23 crore for supplying low ash metallurgical coke. These orders are destined for Mukand Ltd, a specialty steel manufacturer, and SLR Metaliks Ltd, a metals manufacturer based in Karnataka.

Earlier this week, TNCPL successfully fulfilled an order for low ash metallurgical (LAM) coke to Mukand Ltd and is poised to deliver a similar consignment to SLR Metaliks Ltd shortly.

Ayaan Ahuja, the Chairman & Managing Director of TNCPL, expressed confidence in the company's product quality and its ability to meet customer expectations. "These new orders are a testament to our high-quality LAM Coke and the customers’ trust in our capabilities and commitment. As we embark on our journey towards an IPO, we are determined to expand our LAM Coke business to newer regions in the country," Ahuja stated.

TNCPL, set to be listed soon, is engaged in various activities including the manufacturing of LAM coke by converting and selling coking coal, generating power from waste heat recovery, and distributing electricity.

HBL