The
Ministry of Coal has issued vesting orders for seven coal blocks under
commercial auctions. These include Dahegaon Makardhokra IV, Saradhapur Jalatap
East, Banai and Bhalumunda, Sahapur East, Seregarha, and Vijay Central. Among
them, two are partially explored and five are fully explored, with peak rated
capacity of around 13.07 million tonnes per annum and geological reserves of
approximately 5,063 million tonnes.
These
blocks are projected to generate annual revenue of Rs 13.27 billion and attract
capital investment of Rs 24.55 billion. Employment for over 18,500 people will
be created through direct and indirect means.
This
brings the total number of coal blocks allotted under commercial auctions to
116, with cumulative peak capacity of about 261.304 million tonnes per annum.
These are expected to generate Rs 370 billion in annual revenue and create jobs
for nearly 350 thousand people.
For
the first time, Western Coalfields Limited, a subsidiary of Coal India Limited,
has secured a block through commercial auction鈥攎arking a step towards equitable
access for all stakeholders.
Source:Press Information Bureau (PIB聽
