Govt allots another 3 coal blocks for mining to successful bidders

NEW DELHI: The Ministry of Coal has handed over another three coal blocks to successful bidders, under the commercial auction route, for which the Coal Mine Development and Production Agreements were signed on August 21 this year, according to an official statement issued on Friday.

The blocks for which vesting orders were issued on Thursday, include Rajgamar Dipside (Deavnara), Tangardihi North and Mahuagarhi. Among these, 2 blocks are partially explored and 1 block is fully explored with peak rated capacity of 1 million tonnes per annum. The total geological reserves of these three blocks are around 1,484.41 million tonnes, the statement said.

These blocks are expected to generate an annual revenue of about Rs. 189.77 crore and attract a capital investment of Rs 150 crore. As many as 1,352 people are expected to get employment directly and indirectly through these mining ventures, the statement explained.