Rashmi Group Announces ₹10,000-Crore Purulia Steel and Power Project

Overview

• The company plans a 2.8 MTPA integrated steel plant alongside a 400 MW captive power unit in Purulia, West Bengal.
• Rashmi Group has committed an investment of ₹10,000 crore, with reports indicating the project remains in the planning stage without disclosed construction timelines.
• The West Bengal government has completed the physical transfer of 938 acres at Jungle Sundari I in Raghunathpur for the project site.
• Officials have reportedly accorded Ultra Mega Project status to enable priority processing and faster facilitation.
• The facility is projected to create about 18,000 direct and indirect jobs and produce TMT bars, wire rods, billets, and structural steel.