Rashmi Group Plans ₹10,000 Crore Investment for Purulia Steel Plant.

Rashmi Group has announced plans to invest about ₹10,000 crore by 2030 to establish an integrated steel plant and a captive power plant in Purulia, West Bengal.

The State Government has allotted 938 acres of land for the project and granted it “Ultra Mega Project” status, the Kolkata-based company said on Monday. The upcoming facility will include a 2.8 million tonnes per annum integrated steel plant and a 400 MW captive power unit.

The investment forms part of Rashmi Group’s broader expansion strategy. The group currently operates around 8 mtpa of integrated iron and steel capacity at its Kharagpur and Jhargram units in West Bengal, alongside a 1.9 mtpa cement plant and 1,050 MW of power generation through captive and independent facilities. It is also developing five coal mine blocks across West Bengal and Jharkhand.