NLC India Wins Bid for Machhakata Coal Mine in Odisha with 1.38 Billion Tonnes Reserve

NLC India Limited has emerged as the successful bidder for the Machhakata (Revised) Coal Mine in Angul District of Odisha in the 8 round of commercial coal block e-auction held recently by the Ministry of Coal, Gol. The Coal Mine Block has a total coal reserve Of 1.38 Billion Tonnes (approximately) with an operatable peak-rated capacity of 30 Million Tonnes Per Annum. This is the second commercial coal mine block won by NLC India after North Dhadu Coal Block (Western Part) and the Company is committed to its capacity addition in line with its vision of achieving more than 100 MTPA by 2030 from the present 50 MTPA. Coal produced from this coal block will help in addressing the energy security of the country indigenously. It also paves way for contemplating alternative means of energy production from coal like gasification thus meeting sustainability requirements. The Coal Mine Development and Production Agreement (CMDPA) of Machhakata (Revised) Coal Mine (30 MTPA) was executed on 15.07.2024 during the agreement ceremony held at Shastri Bhavan, Ministry of Coal, New Delhi.