The Ministry of Coal has signed Coal Mine Development and Production Agreements (CMDPAs) with the successful bidders of two coal mines - Marwatola-II and Namchik West, as part of the 11th round of commercial coal mining auctions. These agreements represent another milestone in the nation’s pursuit of coal self-reliance.
Singhal Business secured the Marwatola-II coal block in Madhya Pradesh, while PRA Nuravi Coal Mining emerged as the winning bidder for Namchik West in Arunachal Pradesh. Of the two mines, one is fully explored and the other is partially explored. These have a peak rated capacity (PRC) of approx. 0.34 million tonne per annum (MTPA). The operationalisation of these blocks will require a capital investment of around Rs 55 crore.
The projects are anticipated to create about 460 direct and indirect employment. With these new agreements, the Ministry has now signed CMDPAs for a total of 120 coal mines under its commercial mining framework. Collectively, these mines represent a PRC of 265.64 MTPA, an estimated annual revenue of Rs 37,300 crore, and a projected investment of Rs 39,900 crore. They are also expected to generate employment for nearly 3,59,200 individuals across the country.