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Business Description
Monnet Ispat & Energy Limited is an India-based manufacturer and marketer of sponge iron, steel and ferro alloys. The Company is also engaged in mining of minerals such as coal and iron ore, besides generation of power for captive consumption. Monnet Ispat & Energy Limited is also engaged in selling power through its subsidiary Monnet Power Company Limited by setting up thermal power plant backed with captive coal mine in Angul, Orissa. The Company has coal blocks such as Gare Palma IV/5, Utkal B2, Urtan North, Raigmar dipside block and Mandakini. The Company's subsidiaries include Monnet Power Company Limited, Monnet Overseas Ltd., Monnet Daniel Coal Washeries Ltd., Monnet Cement Ltd., Rameshwaram Steel & Power Pvt. Ltd., and Monnet Global Limited.