+
Kishan Reddy Urges State To Secure Koyagudem Block Three
ECONOMY & POLICY

Kishan Reddy Urges State To Secure Koyagudem Block Three

Union Minister for Coal and Mines G Kishan Reddy sought cooperation from the Telangana government over Koyagudem Block Three in Bhadradri Kothagudem district, saying the private firm that had won the auction failed to commence production within the stipulated timeframe. The allocation was cancelled and the centre has pursued allocation to Singareni Collieries. The block holds the potential to yield 120 million tonnes (mn t) of Grade-13 coal.

He said the mine had been auctioned on two occasions and that the then-ruling Bharat Rashtra Samithi had prevented Singareni from participating, which allowed a private firm to secure it. As that firm failed to begin production, the block was reclaimed and reopened for allocation. Since taking office he has prioritised cutting wasteful expenditure, boosting output and securing coal allocations for Singareni.

An agreement has been finalised to supply coal from the Naini coal block in Odisha to the Yadadri power plant, and steps were taken to secure the Tadicherla-Two block for Singareni. The minister also pursued the PKOC Two open-cast dip-side block and said efforts were under way to acquire a further block. He noted that GENCO had bid for the Manuguru PKOC dip-side block and that intervention ensured allocation to Singareni.

He warned that Singareni faced severe financial strain, with salaries being met through overdrafts, and that securing new coal blocks was the only sustainable remedy. He urged the state to cut wasteful spending and to release the outstanding dues of Rs 550 billion (bn) owed to Singareni, saying the stance had not changed under the previous BRS administration or the current Congress government. Withholding revenue from coal, he added, would deprive workers of the fruits of their labour and weaken the company's viability.

He appealed for cooperation to secure the Manuguru dip-side block this time and called for prompt action to expedite settlement of dues. He argued that immediate relief and continued allocation of productive blocks were essential to restore output and stabilise finances.

Union Minister for Coal and Mines G Kishan Reddy sought cooperation from the Telangana government over Koyagudem Block Three in Bhadradri Kothagudem district, saying the private firm that had won the auction failed to commence production within the stipulated timeframe. The allocation was cancelled and the centre has pursued allocation to Singareni Collieries. The block holds the potential to yield 120 million tonnes (mn t) of Grade-13 coal. He said the mine had been auctioned on two occasions and that the then-ruling Bharat Rashtra Samithi had prevented Singareni from participating, which allowed a private firm to secure it. As that firm failed to begin production, the block was reclaimed and reopened for allocation. Since taking office he has prioritised cutting wasteful expenditure, boosting output and securing coal allocations for Singareni. An agreement has been finalised to supply coal from the Naini coal block in Odisha to the Yadadri power plant, and steps were taken to secure the Tadicherla-Two block for Singareni. The minister also pursued the PKOC Two open-cast dip-side block and said efforts were under way to acquire a further block. He noted that GENCO had bid for the Manuguru PKOC dip-side block and that intervention ensured allocation to Singareni. He warned that Singareni faced severe financial strain, with salaries being met through overdrafts, and that securing new coal blocks was the only sustainable remedy. He urged the state to cut wasteful spending and to release the outstanding dues of Rs 550 billion (bn) owed to Singareni, saying the stance had not changed under the previous BRS administration or the current Congress government. Withholding revenue from coal, he added, would deprive workers of the fruits of their labour and weaken the company's viability. He appealed for cooperation to secure the Manuguru dip-side block this time and called for prompt action to expedite settlement of dues. He argued that immediate relief and continued allocation of productive blocks were essential to restore output and stabilise finances.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Emiza Expands Bhiwandi Fulfilment Capacity by 2.32 Lakh Sq Ft

Emiza, a leading third-party logistics (3PL) provider, has expanded its Mumbai operations with the launch of two new fulfilment facilities in Bhiwandi, adding a combined capacity of 2.32 lakh sq ft to its network.The new facilities, spread across 75,000 sq ft and 1,57,000 sq ft, mark Emiza’s fifth and sixth warehouses in the Mumbai region. The expansion strengthens the company’s fulfilment infrastructure in Western India amid the rapid growth of India’s digital commerce ecosystem.With increasing online consumption, wider product categories and rising customer expectations for faster deli..

Next Story
Infrastructure Urban

Ingersoll Rand Showcases Air Solutions for Semiconductor Sector

Ingersoll Rand will showcase its advanced compressed air solutions for India’s growing semiconductor ecosystem at SEMICON India 2026, scheduled from September 17–19 at Yashobhoomi, New Delhi.The company will display its portfolio of oil-free compressors, centrifugal compression technologies and advanced air treatment systems at Stall No. 1156, Hall No. 1. The solutions are designed to address the stringent air quality, reliability and efficiency requirements of semiconductor manufacturing applications.With India accelerating investments across semiconductor manufacturing, packaging, equipm..

Next Story
Infrastructure Energy

RECPDCL Transfers Musalgaon Transmission SPV to MSETCL

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has handed over Musalgaon Power Transmission Limited, a project-specific Special Purpose Vehicle (SPV), to Maharashtra State Electricity Transmission Company Limited (MSETCL).MSETCL emerged as the successful bidder through the Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for developing Maharashtra’s intra-state transmission project on a Build, Own, Operate and Transfer (BOOT) basis.The SPV was handed over by Shri Ratnesh Kumar, General Manag..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code