Allocation of Six Coal Mines for Commercial Mining

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## Allocation of Six Coal Mines for Commercial Mining



**Allocation of Six Coal Mines for Commercial Mining**

The Ministry of Coal has issued vesting orders for six coal mines to successful bidders, marking a significant step in the government’s efforts to enhance coal production and supply.

These mines include Barra, Maiki North, Alaknanda, Basantpur, Bandha North, and Kasta East. Coal Mine Development and Production Agreements (CMDPAs) for these mines were signed on October 17, 2022.

The allocation of these mines is expected to generate substantial economic benefits. The estimated total geological reserve of the mines is 2,302 million tonnes, with a potential annual revenue of Rs 130.08 crore. The mining operations are anticipated to attract capital investments of Rs 283.50 crore.

The allocation will create employment opportunities for approximately 2,555 individuals, both directly and indirectly.

The Ministry of Coal has issued vesting orders for six coal mines to successful bidders, marking a significant step in the government’s efforts to enhance coal production and supply.

These mines include Barra, Maiki North, Alaknanda, Basantpur, Bandha North, and Kasta East. Coal Mine Development and Production Agreements (CMDPAs) for these mines were signed on October 17, 2022.

  • Total geological reserve: 2,302 million tonnes
  • Potential annual revenue: Rs 130.08 crore
  • Anticipated capital investments: Rs 283.50 crore
  • Employment creation: Approximately 2,555 individuals

### Additional Highlights

– One of the allocated mines is fully explored, while the others are partially explored.
– The Peak Rated Capacity (PRC) of the fully explored mine is 1.89 Million Tonnes Per Annum (MTPA).
– With the allocation of these six mines, a total of 45 allocation orders have been issued to date, with a cumulative PRC of 85 MTPA.

**Author:** Edmundo Perez

**Credit and Rights:** OMG I Yoga

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