JK Cement Ltd has executed a mining lease agreement for the Mahan Coal Mine, an underground coal mining project situated in Singrauli district, Madhya Pradesh, according to a regulatory filing.
The lease has been signed with the Government of Madhya Pradesh for an area spanning 981.75 hectares, providing the company with access to captive coal resources to support its operations.
The Mahan Coal Mine is planned as an underground mining project and is expected to play a key role in meeting JK Cement’s long-term fuel and energy requirements. With the execution of the lease, the company has formally secured the rights to develop and operate the coal block in accordance with applicable mining and regulatory frameworks.
The move aligns with JK Cement’s strategy of strengthening resource security and ensuring a reliable supply of critical inputs for its cement manufacturing business, while supporting operational efficiency and long-term growth.
News by Rahul Yelligetti.