Mercator Posts Record Coal Production & Dispatches for September 2018
Deepthi | Myequity news | Date : 04-10-2018 14:30:00 IST
Mercator Limited’s total production of coal for the month of September 2018 stands at 183,485 MT, which is record production level from the present mines. With this, the company has already achieved ~50% of its annual coal production guidance of approximately 2 million MT for FY19.
The company has also surpassed its total internal monthly target with a record dispatch number of 378,312 MT through its coal handling infrastructure in September, including 3 rd party dispatches.
About Mercator Limited:
Mercator Limited is an Indian company. It was earlier known as Mercator Lines Ltd. The Mercator group of companies has diversified business interests in Coal, Oil & Gas, Commodity Transportation, and Dredging. Mercator Limited (formerly Mercator Lines Ltd.) is the parent company and is the second largest private sector shipping company in India, and it is based in Mumbai. It has recently forayed into the Offshore business with its subsidiaries Mercator Oil and Gas Ltd and Mercator Offshore Ltd.