NLC India to Begin Machhakata Coal Mining in Odisha Early
COAL & MINING

NLC India to Begin Machhakata Coal Mining in Odisha Early

State-owned NLC India is working towards beginning the mining operations at the Machhakata coal block in Odisha ahead of schedule. This coal block, which is the second commercial one and the largest among NLCIL?s mining projects, was secured by NLCIL as the successful bidder during the commercial coal block e-auction held in July.

The Machhakata coal block, which has reserves of 1.4 billion tonne with an average grade of G10-G11 and a capacity of 30 million tonnes per annum (MTPA), is anticipated to rank among the top five largest mines in the country, according to NLCIL?s statement.

The statement also noted that NLCIL aims to start mining ahead of the planned schedule, marking a significant milestone towards achieving its Corporate Plan 2030. The vesting order for the Machhakata coal block was issued.

The company had previously stated its commitment to increasing its capacity in alignment with its vision to surpass 100 MTPA by 2030, up from the current 50 MTPA.

NLC India's primary business focuses on mining and power generation.

In related news, on Monday, the coal ministry executed the Coal Mining Development and Production Agreements for three coal mines that were auctioned. The agreements pertain to the Machhakata (Revised) coal mine, the Kudanali Lubri coal mine, and the Sakhigopal-B Kakurhi coal mine. The successful bidders for these mines are NLC India, Gujarat Mineral Development Corporation Ltd, and Tamil Nadu Generation and Distribution Corporation Limited, respectively.

State-owned NLC India is working towards beginning the mining operations at the Machhakata coal block in Odisha ahead of schedule. This coal block, which is the second commercial one and the largest among NLCIL?s mining projects, was secured by NLCIL as the successful bidder during the commercial coal block e-auction held in July. The Machhakata coal block, which has reserves of 1.4 billion tonne with an average grade of G10-G11 and a capacity of 30 million tonnes per annum (MTPA), is anticipated to rank among the top five largest mines in the country, according to NLCIL?s statement. The statement also noted that NLCIL aims to start mining ahead of the planned schedule, marking a significant milestone towards achieving its Corporate Plan 2030. The vesting order for the Machhakata coal block was issued. The company had previously stated its commitment to increasing its capacity in alignment with its vision to surpass 100 MTPA by 2030, up from the current 50 MTPA. NLC India's primary business focuses on mining and power generation. In related news, on Monday, the coal ministry executed the Coal Mining Development and Production Agreements for three coal mines that were auctioned. The agreements pertain to the Machhakata (Revised) coal mine, the Kudanali Lubri coal mine, and the Sakhigopal-B Kakurhi coal mine. The successful bidders for these mines are NLC India, Gujarat Mineral Development Corporation Ltd, and Tamil Nadu Generation and Distribution Corporation Limited, respectively.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement