Prakash Industries Ltd has secured long term coal linkages of 1,95,900 tonnes per annum (tpa) for five years in the coal linkage auction concluded by Coal India Limited under Tranche-V of the "Others" sub-sector. The linkages, together with the coal linkages of 8,10,200 tpa secured in December 2021 for its captive power plant, will further insulate the company against the volatility in the coal prices and thus provide long term stability to the operations and improve financial performance, it said.