The Ministry of Coal on Thursday issued allocation orders for 3 coal mines, one completely explored and two partially explored, in keeping with an official assertion. The three mines are: Machhakata, Kudanali Lubri, and Sakhigopal-B Kakurhi.
Whereas the Machhakata mine order was issued to NLC India Ltd, the orders for the Kudanali Lubri and Sakhigopal-B Kakurhi mines had been issued to Gujarat Mineral Progress Firm Ltd and TANGEDCO respectively.
The ministry acknowledged that the cumulative peak rated functionality (PRC) of the three coal mines, for which the vesting orders had been issued, amounted to 30.00 MTPA.
The geological reserves of the mines stood at spherical 2,194.10 MT, it acknowledged.
The ministry moreover acknowledged that the three mines are anticipated to generate annual earnings to the tune of Rs 2,991.2 crore calculated on the concept of PRC.
The mines will attraction to capital funding of Rs 4,500 crore and provide direct and indirect employment to roughly 40,560 of us.
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