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Kalyani Coal Mining Private Limited (KCMPL), a wholly owned subsidiary has been incorporated in 2023-24 as a Special Purpose Vehicle for carrying out the Re-opening, Salvaging, Rehabilitation, Development and Operation of Kalyani Underground Mines, in the state of Chhattisgarh. We were declared successful bidder for operation of the coal mine on revenue sharing basis. 4.50% of the revenue, net of taxes, shall be retained by Southeastern Coal Fields Limited (SECL).
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