The Ministry of Coal today announced the successful execution of Coal Mining Development and Production Agreements for three coal mines auctioned under the Second Attempt of the 7th Round. This event marks a significant milestone in the progress of commercial coal mining in India.
The agreements were signed for the following mines:
- Machhakata (Revised) Coal Mine – awarded to NLC India Limited.
- Kudanali Lubri Coal Mine – awarded to Gujarat Mineral Development Corporation Limited.
- Sakhigopal-B Kakurhi Coal Mine – awarded to Tamil Nadu Generation and Distribution Corporation Limited.
Among these mines, two are partially explored, while one is fully explored. The estimated annual revenue generation from these three mines is approximately ₹2,991.20 crores, based on production at an aggregated Peak Rate Capacity of around 30.00 MTPA (Million Tonnes Per Annum). Once operational, these mines are expected to create approximately 40,560 direct and indirect jobs.
Additionally, a total investment of around ₹4,500 crores will be allocated to bring these coal mines into operation. This significant investment is poised to bolster economic growth, generate employment, and ensure energy security for the nation.
The initiative aligns with the Government’s vision of achieving Atmanirbharta (self-reliance) in the coal sector, contributing to the broader objectives of economic development and energy independence.
