Coal mine auctions: Rashmi Group bags 3 mines in West Bengal
Iron and steel product maker Rashmi Group has forayed into mining and has bagged private coal mining rights in West Bengal, as a part of the backward Integration process. Ministry of Coal has allotted 3 coal mines to the firm in the state, namely Kagra Joydev Coal Block and Kasta East Coal Block in Birbhum and Jagannathpur B in West Burdwan through an auction.
The firm received 715.58 acres of land at Kagra Joydev Coal Block, previously allotted to DVC (Damodar Valley Corporation).