Sarda Energy & Minerals Limited announced that the company has incorporated a Joint Venture subsidiary company Bartunga Coal Private Limited on 2 March 2024. Details: (a) Authorized Share Capital: 1,500,000; (b) Paid-up Share Capital:1,000,000. Turnover: NIL (yet to commence operations).

Company's share in the Joint Venture is 67%. BCPL has been incorporated as a Special Purpose Vehicle for carrying out the Re-opening, Salvaging, Rehabilitation, Development and Operation of Bartunga Hill Coal Mine of South Eastern Coalfileds Ltd.