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Rashmi Group to invest Rs 10,000 crore in steel and power plant in West Bengal

Power Generation  -  Oct 29,2025  - 

Rashmi Group, one of India’s leading industrial conglomerates, has unveiled plans to invest Rs 10,000 crore in setting up an integrated steel and power plant in West Bengal. 

The ambitious project will combine steel production with captive power generation, ensuring greater efficiency and cost competitiveness. 

This massive investment signifies confidence in the region’s industrial potential and the group’s commitment to strengthening India’s manufacturing infrastructure. 

The project is expected to create significant employment opportunities, boost ancillary industries, and stimulate regional economic growth. 

By integrating power generation within the steel facility, Rashmi Group aims to optimize production costs and achieve energy self-sufficiency. 

Once operational, this venture will not only elevate Rashmi Group’s production capacity but also mark a milestone in West Bengal’s industrial development roadmap.

Company : Rashmi Group