StockWatch
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Diversified Commercial Services
Regulatory8 Aug 2026, 04:00 pm

Sobhagya Mercantile gets EC for Marki Mangli IV Coal Mine

AI Summary

Sobhagya Mercantile Ltd has received Environmental Clearance (EC) from the Ministry of Environment, Forest and Climate Change (MoEF&CC) for its Marki Mangli IV Coal Mine. The clearance is for a production capacity of 0.2 MTPA within a Mining Lease (ML) Area of 201.69 ha, located in Yavatmal District, Maharashtra. This EC is a primary statutory prerequisite for subsequent regulatory approvals and is valid for 19 years. The company anticipates that the commencement of this mine will improve the socio-economic status of the local area and generate royalty for the State Government.

Key Highlights

  • Environmental Clearance received for Marki Mangli IV Coal Mine.
  • Mine has a production capacity of 0.2 MTPA.
  • Clearance is valid for 19 years.
  • EC is a prerequisite for further regulatory approvals.
  • Project expected to boost local socio-economic status.