Government signs pacts for six coal mines of 7 mtpa peak rate capacity

The Ministry of Coal has executed agreements with six successful bidders of coal mines under commercial mining in the seventh round of auctions.

These six coal mines, with an aggregated peak rate capacity of 7 metric tonne per annum (mtpa), are expected to yield an annual revenue of approximately Rs 7.88 billion. Out of these six coal mines, four mines have undergone partial exploration and the other two are  fully explored. The mines for which these agreements have been executed are Meenakshi West, North Dhadu (Eastern Part), North Dhadu (Western Part), Pathora East, Pathora West and Sherband. The Successful Bidders encompasses notable entities such Hindalco Industries Limited, NTPC Mining Limited, NLC India Limited, Shri Bajrang Power & Ispat Limited and Nilkanth Mining Limited.