Kallal Logistics, the mining vertical of the Kallal group was formed when the Government of India was ready to open for 100% Foreign Direct Investments, and setting the mandate for India to double India’s Coal production by 2030. The scene was then ripe for the Kallal Group to diversify its business ventures into Mining, and its infrastructure logistics.

We ventured with M/s South West Mining Limited and Jindal Power Limited (Jindal group companies) to excavate overburden and supply coal to its power plants located at Barmer in Rajasthan, a state in the western India and at Tamnar in Chhattisgarh, a state in the eastern part of India. The work is carried out at Jalipa Mines, Barmer and Gare Palma Mines, Tamnar which is part of the said power plants with a Capex of INR 500 Crores (USD 70 Million) in heavy earth moving and mining equipment. Current Turnover of the logistics business vertical is set to cross INR 150 Crores (USD 20 Million) during the current financial year.

The group has secured an investment of INR 150 Crores (USD 20 Million) of Non-convertible Debentures from foreign investors for the mining business. The foreign entity has also invested INR 110 Crores (USD 15 Million) via equity in our company. They have also lined up investment as Equity investment in the existing and future orders which are secured in the mining business vertical aggregating to USD 200 Million. Kallal Logistics is committed to work towards moving over 4 million CuM of overburden and lignite, for the immediate next 5 years, extendable to over 20 years. The company takes pride in their ability to deliver on all

laid-down quality, and cost metrics in the infrastructure, mining, and construction operations.

At present, Kallal Logistics has grown its assets and infrastructure base, to offer the best possible earth moving services. A fleet of Volvo EC480DL machines, Volvo FMX460 Trucks, Scania G440 Trucks and the necessary stat-of-the-art technology and support machinery have been deployed in all mining locations. These assets are strongly backed by a highly-abled and on-ground support staff.

Recently, the company has been successfully able to clinch another mining bid in the state of Maharashtra, in India. The operations are
set to begin in the current financial year and we believe this would get the mining business to leap to the next level.