As reported, the project is linked to the company’s proposed power-cum-steel project in the state. The group has been allotted steam coal blocks at Ichhapur and Gourangdih for the project. In addition, it has also been allotted semi-coking coal ones at Purulia and Sitarampur in West Bengal.
Biswadip Gupta, joint managing director and CEO of JSW Bengal Steel, told the Economic Times: “We will have to pump in no less than Rs 1500 crore for mining operations since we will have to undertake deep underground mining in some of the blocks we have been allotted in the state.
“The advantage is that the coal is of good quality with high calorific value.”
The plan will be implemented by the group’s power generation arm JSW Energy through 800MW coal-fired power station in the first phase.
