Rashmi Group plans to invest around ₹10,000 crore by 2030 to set up an integrated steel plant, along with a captive power plant, in West Bengal’s Purulia.
The State Government has allotted 938 acres of land for the proposed project, which will have a 2.8 million tonnes per annum (MTPA) integrated steel plant along with a 400 MW captive power plant, and awarded it with “Ultra Mega Project” status, the Kolkata-based group said on Monday.
The proposed expansion is part of the group’s broader growth strategy. It currently operates around 8 mtpa of integrated iron and steel capacity in West Bengal’s Kharagpur and Jhargram. It also operates a 1.9 mtpa cement manufacturing facility and generates 1050 MW of power through captive plants and independent power projects. In addition, it is developin

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