Mining Projects

Monnet Group has formed various joint ventures with respective state governments to exploit mineral wealth and add value for growth of state.

• Monnet Group has been awarded various coal blocks as follows:
• Open Cast mining at Utkal B2 Block in Orissa involving investment of 10.7 million US
• Open Cast coal mine at Mandakini at Orissa as JV with Tata Power company limited & Jindal Photo Limited involving investments of $53.5 million.
• Open Cast coal mine in JV with MP State Mining Corporation at Morga-3, involving investment of $20.6 million
• Open Cast coal mine at Saria-koyatan block in JV with Bihar State Mining Corporation, involving investment of $25.8 million

Monnet Group is also setting up a Coal Washery at Talcher in Orissa, involving investments of $9.6 million USD.