Kasta (East)

   Kasta
Nearby Reports
Barjore
  Kasta
Moira- Madhujore
  Kasta

Description

State:West Bengal

Details

Geological Reserves Mt:105

Status of Exploration: E

Companies Involved

JV between EMTA and DVC to extract coal

Political/Media Connections

Ujwal Upadhyaya, Chairman of EMTA, is said to be a friend of Chandan Basu, the son of former West Bengal CM Jyoti Basu.

Mentions in the media

"Take out the taxes and you are left with about Rs 225 crore. Almost all of this goes to EMTA Coal." According to Roy, EMTA Coal's profit before interest, depreciation, taxes and amortisation (EBITDA) is usually around 30-32 per cent.