Goa Carbon gains after Goa Unit resumes operation

Bilaspur & Paradeep plants still under shut down for maintenance work

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Biznextindia : Goa Carbon, India’s leading producer of calcinated Coke and part of the Dempo group, said on Friday that it has resumed operations at its Goa unit. The kiln has been lit up from Friday and feeding of raw materials is likely to resume from tomorrow (Saturday).

Goa Carbon rose 2.81 % to Rs.282.15 on the BSE at 2 pm Friday.

“The Kiln has been lit up from toady. After preliminary heat up and commencement of feeding of raw material, normal production is likely to resume from tomorrow” the company has informed to the Stock Exchanges.

The Goa plant, which has the largest mechanical sieving and screening facilities for petcoke in India, had been shut down for maintenance work from 26th of January this year.

The Company also has two other plants, at Bilaspur in Chattisgarh and at Paradeep in Orissa. Both these plants are currently temporarily closed for maintenance work. While, the Bilaspur plant has been shut down from 24th February, the Paradeep plant has been shut down since 8th March.

 

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