Today, the Ministry of Coal signed Coal Mining Development and Production Agreements for three coal mines auctioned during the second attempt of the 7th round, marking a key achievement in the progress of commercial coal mining. The agreements cover two partially explored mines and one fully explored mine.

The mines involved are the Machhakata (Revised) coal mine, the Kudanali Lubri coal mine, and the Sakhigopal-B Kakurhi coal mine. The agreements were signed with NLC India Limited, Gujarat Mineral Development Corporation Limited, and Tamil Nadu Generation and Distribution Corporation Limited, respectively.

The commercial auction of these mines is expected to generate an annual revenue of approximately ₹2,991.20 crores, with a combined Peak Rate Capacity of about 30.00 MTPA. Once operational, these mines are projected to create roughly 40,560 direct and indirect jobs. Furthermore, an investment of around ₹4,500 crores will be made to bring these mines into operation.

This initiative is a significant step towards achieving Atmanirbharta (self-reliance) in the coal sector, promoting economic growth, job creation, and ensuring the nation’s energy security.