Electrotherm signs JV agreement with Grasim for coal minning

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New Delhi, Sept 10 (UNI) Electrotherm India today said it has signed a joint venture (JV) agreement with Grasim Industries for captive mining of coal block in the state of Chhattisgarh.

The 52.63 per cent of the production from mine located at Bhaskarpara in Chhattisgarh will be allocated to Electrotherm, while Grasim Industries will get 47.37 per cent, the company said in a statement.

UNI AK MP KP1910

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