The Ministry of Coal allocated orders for three commercial coal mines, which are anticipated to yield an annual revenue of Rs 2,991 crore and attract investments worth Rs 4,500 crore. This decision is estimated to result in the creation of over 40,000 job opportunities.

NLC India Limited, Gujarat Mineral Development Corporation (GMDC), and Tamil Nadu Generation and Distribution Corporation (TANGEDCO) have been allocated the three commercial coal mines, namely Machhakata (Revised), Kudanali Lubri, and Sakhigopal-B Kakurhi, respectively.

These strategic allocations are poised to enhance India’s coal production and stimulate economic growth significantly. Collectively, the three mines have a Peak Rated Capacity (PRC) of 30 million tonnes per annum (MTPA) and hold geological reserves totalling approximately 2,194 million tonnes.

According to the Ministry’s projections, these mines will generate annual revenue of Rs 2,991 crore, based on their PRC, and attract capital investments totalling Rs 4,500 crore.

Furthermore, the initiative is anticipated to create approximately 40,560 jobs, directly and indirectly, thereby substantially enhancing employment in the coal sector. This development forms part of a larger effort by the Ministry of Coal, which has issued vesting or allocation orders for 95 mines thus far, with a cumulative PRC exceeding 202.50 MTPA.

The allocated mines are predicted to yield an annual revenue of Rs 29,516 crore and provide employment to over 2.73 lakh people, further reinforcing India’s energy security and economic growth.

The new allocations underscore the government’s dedication to ensuring a reliable supply of coal for industries while fostering economic development and job creation across key sectors.

These coal mines are anticipated to play a crucial role in India’s ongoing endeavours to enhance self-reliance on energy resources and reduce reliance on imports.

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