Adani Enterprises Limited (AEL) has signed a coal mining agreement with NLC India Limited for the development and operation of its Talabira II and III coal blocks in Odisha. AEL’s subsidiary, namely, Talabira (Odisha) Mining Private Limited (TOMPL), has become a successful bidder for the mine developer and operator tender of Talabira II and III coal blocks issued by NLC India. The project is expected to generate around Rs 122 billion. The Talabira II and III coal blocks are located in the IB Valley coalfields in Sambalpur and Jharsuguda and have a total mining capacity of 20 million tonnes per annum.
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