The Nominated Authority, Ministry of Coal has issued the Vesting Orders for 7 Coal Mines under commercial coal mine auctions today. The Coal Mine Development and Production Agreements (CMDPA) for these mines were signed on December 05,2024.
The mines for which vesting orders has been signed are Gawa (East), Gare Palma IV/5, Marwatola South, New Patrapara South, Sarai East (South), Bartap(Revised) and Kerendari BC North Coal Mines. 5 mines are partially explored coal mines, and 2 mines are fully explored coal mines.
The PRC(Peak Rated Capacity) of these coal mines are 13.10 MTPA and is having 3,308 MT of Geological Reserves.
These mines are expected to generate an Annual Revenue of Rs. 1,327 crores calculated on the basis of PRC and will attract Capital Investment of Rs. 1,965 crores. It will provide employment to 17,500 people both directly and indirectly.
With the vesting of these coal mines, vesting/ allocation orders have been issued for 107 coal mines under commercial coal mine auction with cumulative PRC of 246.60 MTPA. This will result in generating Annual Revenue of Rs. 34,000 crores and will generate employment for 3,33,000 people both directly and indirectly.
