The Ministry of Coal on Thursday issued allocation orders for three coal mines namely Machhakata (revised), Kudanali Lubri and Sakhigopal-B Kakurhi, to NLC India Ltd, Gujarat Mineral Development Corporation Ltd and TANGEDCO respectively. Of these three, one is fully explored coal mine and two are partially explored.
The cumulative peak rated capacity (PRC) of the three coal mines for which vesting orders have been issued is ~30.00 MTPA and are having ~2,194.10 MT of geological reserves. These mines are expected to generate an annual revenue of around ₹2,991.20 crore calculated on the basis of PRC and will attract capital investment of ₹4,500 crore. It will provide employment to approximately 40,560 people both directly and indirectly, the ministry said in a press release.
Including the three coal mines for which orders were issued, vesting/ allocation orders have been issued for a total of 95 coal mines till date with cumulative PRC of ~202.50 MTPA. This will result in generating annual revenue of ₹29,516.84 crore calculated on the basis of PRC of the mines and will generate employment for 2,73,773 people both directly and indirectly, it added.
