Ministry of Coal Advances Self-Reliance with Two New Mine Agreements

The Ministry of Coal has signed Coal Mine Development and Production Agreements (CMDPAs) with the successful bidders for two coal mines—Marwatola-II and Namchik West—under the 11th round of commercial coal mining auctions. These agreements mark a significant step towards achieving the nation’s coal self-reliance.

Singhal Business has secured the Marwatola-II coal block in Madhya Pradesh, while PRA Nuravi Coal Mining has won the bid for Namchik West in Arunachal Pradesh. One of these mines is fully explored, and the other is partially explored, with a peak rated capacity (PRC) of approximately 0.34 million tonnes per annum (MTPA). The development of these blocks is expected to involve an investment of around Rs 55 crore.

The projects are set to create approximately 460 direct and indirect jobs. With these latest CMDPAs, the Ministry has now signed agreements for a total of 120 coal mines under the commercial mining framework. Together, these mines have a PRC of 265.64 MTPA, an estimated annual revenue of Rs 37,300 crore, and a projected total investment of Rs 39,900 crore. These mines are also expected to generate employment for around 3,59,200 individuals nationwide.

News by Rahul Yelligetti.