Somani Group in coal JV with Russian firm

New Delhi : Diversified company Somani Group today said it had set up a joint venture firm with Russian metals to mining major Mechel OAO to cater to the growing demand of coal in the country. The JV, Mechel Somani Carbon, will source coal from Mechel's mines in Russia and other countries and process it in India to give just-in-time delivery as per the requirement, Somani Group's President Atul Verma said.