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Key figures, picked by EA AI

  • Capacity0.34million
  • Revenue₹106.14crore
  • Investment₹55crore
  • Quantity265.64MTPA
  • Value₹37,300crore
Coal

Ministry of Coal signs agreements for two more commercial coal mines

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EA AI summary
  • In a significant step toward strengthening India’s energy security and fostering economic growth, the Ministry of Coal has signed Coal Mine Development and Production Agreements (CMDPAs) for two more coal blocks—Marwatola-II and Namchik West—under the 11th round of commercial coal mining auctions.
  • The agreements were inked with the successful bidders: Singhal Business Private Limited, which secured the Marwatola-II block, and PRA Nuravi Coal Mining Private Limited, which won the Namchik West block.
  • These mines are projected to generate an estimated annual revenue of ₹106.14 crore, with a total capital investment of around ₹55 crore required for operationalisation.
  • The two coal mines are expected to generate approximately 460 direct and indirect employment opportunities.
  • With this development, the Ministry of Coal has now signed CMDPAs for a total of 120 coal mines under the commercial coal mining framework.

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In a significant step toward strengthening India’s energy security and fostering economic growth, the Ministry of Coal has signed Coal Mine Development and Production Agreements (CMDPAs) for two more coal blocks—Marwatola-II and Namchik West—under the 11th round of commercial coal mining auctions.

The agreements were inked with the successful bidders: Singhal Business Private Limited, which secured the Marwatola-II block, and PRA Nuravi Coal Mining Private Limited, which won the Namchik West block.

Of the two blocks, one is fully explored while the other is partially explored. Together, they hold a combined Peak Rated Capacity (PRC) of approximately 0.34 million tonnes per annum (MTPA). These mines are projected to generate an estimated annual revenue of ₹106.14 crore, with a total capital investment of around ₹55 crore required for operationalisation.

Apart from bolstering coal production, the new agreements are also poised to contribute to regional socio-economic development. The two coal mines are expected to generate approximately 460 direct and indirect employment opportunities.

With this development, the Ministry of Coal has now signed CMDPAs for a total of 120 coal mines under the commercial coal mining framework. These mines collectively represent a cumulative PRC of 265.64 MTPA. They are projected to generate an estimated ₹37,300 crore in annual revenue and attract investments worth ₹39,900 crore. Additionally, the commercial coal mines are expected to create employment for nearly 3.6 lakh individuals across the country. 

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