By Our Correspondent
BHUBANESWAR: JSW Energy Utkal Limited bids highest for Bartap(Revised) coal block, NLC India Limited for New Patrapara South in Odisha.
Ministry of Coal had launched the auction of coal mines for commercial mining under 10th round on June 21, 2024. After evaluation of bids, forward e-auctions for nine mines commenced from 21.11.2024.
On the First day, 5 coal mines were put up for auction. One of the five coal mine is fully explored coal mine while 4 coal mines are partially explored coal mines. The total geological reserves for these 5 coal mines are 2,630.77 Million Tonnes. Cumulative Peak Rated Capacity (PRC) for these coal mines is 12.00 MTPA.
These coal mines upon operationalization will generate Annual Revenue of ~Rs. 1106.91 crores calculated at PRC of these coal mines (excluding Partially Explored coal mines). These mines will attract capital investment of ~Rs. 1800.00 crores and will provide employment to ~ 16,224 people.
