Coal Ministry allots 
4,500 crore Investment & set to create over 4000 jobs
Three commercial coal mine allocation orders have been issued by the Ministry of Coal to NLC India Limited, Gujarat Mineral Development Corporation (GMDC), and Tamil Nadu Generation and Distribution Corporation (TANGEDCO), respectively, for Machhakata (Revised), Kudanali Lubri, and Sakhigopal-B Kakurhi.
India’s coal production and economic expansion are anticipated to be boosted by these allocations. The three mines hold geological reserves totaling approximately 2,194 million tonnes and have a combined Peak Rated Capacity (PRC) of 30 million tonnes per annum (MTPA).
Additionally, the initiative is anticipated to directly and indirectly add 40,560 jobs, significantly increasing coal sector employment. The Ministry of Coal has issued vesting or allocation orders for 95 mines, totaling over 202.50 MTPA, as part of a larger initiative. India’s energy security and economic expansion are expected to be further bolstered by the allocated mines, which are expected to generate 29,516 crore in annual revenue and employ over 2.73 lakh people.
The new allocations show that the government is committed to supporting economic growth and job creation in key sectors while also ensuring a consistent supply of coal for industries. India’s ongoing efforts to become more energy resource independent and less reliant on imports will rely heavily on these coal mines.
The Ministry of Coal stated in a statement, “The Ministry of Coal today issued Allocation Orders for 03 Coal Mines namelyMachhakata (Revised), Kudanali LubriandSakhigopal-B Kakurhi,to NLC India Limited, Gujarat Mineral Development Corporation Limitedand TANGEDCO respectively. Of these three coal mines, one is fully explored coal mine and two are partially explored coal mines”.
