News

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.

Bureau The News Hashtag

Recent Posts

Odisha Expands Mukhyamantri Poshan Yojana, Extends Mid-Day Meals to Classes IX and X

Bhubaneswar: The Odisha Government has decided to widen the scope of its flagship Mukhyamantri Poshan…

15 hours ago

Odisha Cabinet Approves Deep Sea Fishing Mission to Drive Blue Economy Growth

Bhubaneswar: Seeking to reposition Odisha’s marine economy and create new growth opportunities for coastal communities,…

15 hours ago

Odisha Cabinet Clears ₹579-Crore Upgrade of Jaydev Vihar–Nandankanan Road Corridor

Bhubaneswar: The Odisha Cabinet has cleared a major road infrastructure project to upgrade one of…

15 hours ago

Odisha Cabinet Approves New Framework for Sustainable Inland Shrimp Farming

Bhubaneswar: Seeking to position Odisha as a major hub for sustainable aquaculture and seafood exports,…

15 hours ago

Odisha Cabinet Clears Concessional Land Policy for 765 kV Grid Substations

Bhubaneswar: To support Odisha’s expanding energy needs and strengthen long-term transmission capacity, the State Cabinet…

15 hours ago

Odisha Pushes Data-Led Governance, Time-Bound Delivery of Development Projects

Bhubaneswar: Emphasising faster, smarter and more accountable governance, Odisha Chief Secretary Anu Garg on Wednesday…

15 hours ago