Ministry of Coal issues vesting orders for 10 mines to boost coal production

The Ministry of Coal has issued vesting orders for ten strategically important mines, marking a significant advancement in the nation’s coal production capabilities.

This initiative, which includes one fully explored and nine partially explored mines, is set to enhance energy security and drive economic growth across the states of Jharkhand, Chhattisgarh, West Bengal, and Madhya Pradesh. These ten mines have potential to substantially contribute to the nation’s energy security and industrial growth. Furthermore, these mines hold a substantial 2,395 million tonnes geological reserve, indicating a robust foundation for sustained coal production. These mines are expected to generate an annual revenue of Rs 1.66 billion and will attract a capital investment of Rs 1.5 billion.