Coal Ministry issues allocation orders for 3 commercial coal mines

New Delhi: The Ministry of Coal has issued allocation orders for three coal mines namely Machhakata (Revised), Kudanali Lubri and Sakhigopal-B Kakurhi, to NLC India Limited, Gujarat Mineral Development Corporation Limited and TANGEDCO respectively on Thursday. Of these three coal mines, one is fully explored, and two are partially explored.

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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 ~Rs 2,991.20 crores calculated on the basis of PRC and will attract capital investment of ~Rs 4,500 crores. It will provide employment to approximately 40,560 people both directly and indirectly.

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