The Ministry of Coal has recently issued Allocation Orders for three significant coal mines: Machhakata (Revised), Kudanali Lubri, and Sakhigopal-B Kakurhi. These mines have been allocated to three major entities—NLC India Limited, Gujarat Mineral Development Corporation Limited, and TANGEDCO, respectively. Among these three, one coal mine is fully explored, while the remaining two are partially explored.
The combined Peak Rated Capacity (PRC) of the three coal mines for which Vesting Orders have been issued stands at approximately 30.00 Million Tonnes Per Annum (MTPA). These coal mines are estimated to contain around 2,194.10 Million Tonnes (MT) of Geological Reserves. Based on the PRC, it is anticipated that these mines will generate an annual revenue of approximately Rs. 2,991.20 crores.
Additionally, the development and operation of these mines are expected to attract significant capital investment totaling around Rs. 4,500 crores. This investment will play a crucial role in creating job opportunities, with an estimated 40,560 people set to benefit from employment, both directly and indirectly.
With the inclusion of these three newly allocated coal mines, the total number of mines for which vesting or allocation orders have been issued has reached 95. Collectively, these 95 coal mines have a cumulative PRC of approximately 202.50 MTPA. The expected annual revenue from these mines, calculated based on their PRC, is around Rs. 29,516.84 crores.
Furthermore, the development of these mines is projected to provide employment to about 2,73,773 individuals, encompassing both direct and indirect job opportunities. The issuance of these Allocation Orders represents a significant step forward in enhancing the coal mining sector’s capacity and efficiency. By increasing the production potential and investing in these mines, the Ministry of Coal aims to boost the country’s economic growth and job creation.
The investments and revenues generated from these coal mines are expected to contribute substantially to the national economy, supporting both infrastructure development and the livelihood of thousands of people across various regions. The strategic allocation of these coal mines underscores the government’s commitment to leveraging natural resources for sustainable economic development and employment generation.
