Ministry of Coal Issues Allocation Orders for Three Coal Mines, Expected to Generate Rs. 2,991 Crores in Annual Revenue

New Delhi: The Ministry of Coal today announced the issuance of Allocation Orders for three coal mines: Machhakata (Revised), Kudanali Lubri, and Sakhigopal-B Kakurhi. These mines have been allocated to NLC India Limited, Gujarat Mineral Development Corporation Limited, and TANGEDCO, respectively. Of the three, one mine is fully explored while the other two are partially explored.

The cumulative Peak Rated Capacity (PRC) of these coal mines is approximately 30 million tonnes per annum (MTPA), with combined geological reserves of around 2,194.10 million tonnes (MT). The mines are expected to generate an estimated annual revenue of Rs. 2,991.20 crores, based on their PRC, and attract a capital investment of about Rs. 4,500 crores. Additionally, they are anticipated to create around 40,560 direct and indirect employment opportunities.

With the inclusion of these three mines, the Ministry of Coal has issued vesting/allocation orders for a total of 95 coal mines to date. These mines collectively have a PRC of approximately 202.50 MTPA, generating an annual revenue of Rs. 29,516.84 crores and providing employment to nearly 2,73,773 people, both directly and indirectly.