Ministry of Coal Issues Vesting Orders For 7 Coal Mines

The Nominated Authority, Ministry of Coal issued the Vesting Orders for 7 Coal Mines under commercial coal mine auctions on January 4. The Coal Mine Development and Production Agreements (CMDPA) for these mines were signed on December 05, 2024.  

The mines for which vesting orders were signed are Gawa (East), Gare Palma IV/5, Marwatola South, New Patrapara South, Sarai East (South), Bartap(Revised) and Kerendari BC North Coal Mines. Five mines are partially explored coal mines, and two mines are fully explored coal mines. The PRC(Peak Rated Capacity) of these coal mines are approximately 13.10 MTPA and have nearly 3,308 MT of Geological Reserves.

These mines are expected to generate an Annual Revenue of approximately Rs. 1,327 crores calculated on the basis of PRC and will attract Capital Investment of nearly Rs. 1,965 crores. They will also provide employment to around 17,500 people both directly and indirectly.

With the vesting of these coal mines, vesting as well as allocation orders have been issued for 107 coal mines under commercial coal mine auction with cumulative PRC of approximately 246.60 MTPA. This will result in generating Annual Revenue of nearly Rs. 34,000 crores and will generate employment for around 3,33,000 people both directly and indirectly.

Reproduced from a press release from PIB website with limited edits.