Seven Coal Blocks Get Vesting Orders from Ministry
The Ministry of Coal has issued vesting
orders for seven coal blocks under commercial coal auctions. The Coal Mine
Development and Production Agreements for these mines were signed on 27th March
2025.
The allocated blocks are Dahegaon
Makardhokra IV, Saradhapur Jalatap East, Banai and Bhalumunda, Sahapur East,
Seregarha, and Vijay Central. Of these, two are partially explored while five
are fully explored, with a combined peak rated capacity of approximately 13.07
million tonnes per annum and geological reserves of around 5,063 million
tonnes.
These mines are expected to generate annual
revenue of about Rs 1.33 billion and attract capital investment of nearly Rs
2.46 billion, creating employment for around 18,522 individuals, both directly
and indirectly.
With this round, vesting or allocation
orders have now been issued for 116 coal blocks, representing a cumulative PRC
of roughly 261.304 million tonnes per annum. This will potentially result in Rs
37 billion in yearly revenue and provide jobs to nearly 3,53,000 people.
In a milestone development, Western
Coalfields Limited, a Coal India subsidiary, has for the first time won a block
via commercial auction, promoting fairness in coal sector participation.
Source
Press Information Bureau