Newly Established Coal Business Seeking Loan in Ranikor, India
Pre-operational mining project in Meghalaya with 126 hectares land and coal reserves seeking funding.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Coal |
| Locations | Ranikor |
| Local Time | 12:59 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
520 thousand
for
10.0%
annual interest,
8
years
(Native Currency: INR 50,000,000)
Reason: We are seeking funding to apply for an operations license and accelerate project development to comm...
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Collateral Available: USD 0
Includes physical assets worth
USD
10.5 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
GST Certificate
(100.8 KB)
Business Overview
- Yet to start mining business in Meghalaya that will focus on coal, boulder stones, and limestone extraction.
- The company owns 126 hectares of mining land with an estimated coal deposit of approximately 4 to 5 lakh tons.
- The project is planned to supply coal and other mined materials to the domestic open market and export markets including Bangladesh.
- Currently in the pre-operational stage and seeking funding to obtain operational licenses and accelerate project development.
- Operations are projected to commence within 20 to 24 months after securing the required approvals and funding.
- The business already holds a forest clearance license for the mining land.
- Plans to apply for mining license and environmental clearance upon receiving investment support.
- The mining project is designed to develop extraction, processing, and supply capabilities for regional and export demand.
- The company owns 126 hectares of mining land with an estimated coal deposit of approximately 4 to 5 lakh tons.
- The project is planned to supply coal and other mined materials to the domestic open market and export markets including Bangladesh.
- Currently in the pre-operational stage and seeking funding to obtain operational licenses and accelerate project development.
- Operations are projected to commence within 20 to 24 months after securing the required approvals and funding.
- The business already holds a forest clearance license for the mining land.
- Plans to apply for mining license and environmental clearance upon receiving investment support.
- The mining project is designed to develop extraction, processing, and supply capabilities for regional and export demand.
Products & Services Overview
Coal, boulder stones, and limestone supplied to domestic buyers and export customers, including markets in Bangladesh.
Assets Overview
The company’s tangible assets include 126 hectares of mining land with a total value exceeding INR 100 crores.The land is crucial for starting our operation and cannot be liquidated.
Facilities Overview
Owns 126 hectares of mining land with an estimated 4 to 5 lakh tons of coal deposits.
Capitalization Overview
The business is debt‑free with no outstanding loans. Ownership is presently held entirely by a single promoter.
Recent Activity
-
Earlier than 15 daysRetail Branch Banker, Banking, Bokaro Steel City, Individual Investor / Buyer connected with the Business
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