 "NLC India seeks to accelerate mining at Machhakata coal block, aiming for a major boost in its production capacity by 2030.")
NLC India Ltd, a state-owned company, is planning to begin mining at the Machhakata coal block in Odisha ahead of schedule. This block, the largest among NLCIL’s mining projects, holds 1.4 billion tonnes of coal reserves and a capacity of 30 million tonnes per annum. NLCIL successfully bid for the Machhakata coal block in a recent auction, and it aims to add capacity as part of its Corporate Plan 2030, targeting over 100 million tonnes annually by that year. The coal ministry has finalized agreements for this site along with two other mines. NLC India’s main focus is on mining and power generation, making this project a significant milestone in its growth strategy.
NLC India Ltd Aims to Accelerate Mining Operations at Machhakata Coal Block
State-owned NLC India Ltd is set to begin mining operations at the Machhakata coal block in Odisha earlier than planned. This coal block, which is located in Angul district, is significant as it is the second commercial coal block and the largest among NLCIL’s mining projects.
NLC India had successfully bid for the Machhakata (Revised) coal block during a commercial e-auction held in July. With reserves estimated at 1.4 billion tonnes and an average grade of G10-G11, this coal block is expected to rank among the top five largest mines in India, supporting a capacity of 30 million tonnes per annum (MTPA).
The company’s commitment to starting operations ahead of schedule aligns with NLCIL’s Corporate Plan 2030, which aims to achieve a capacity exceeding 100 MTPA by 2030, up from the current 50 MTPA. On Thursday, the vesting order for the Machhakata Coal Block was issued, marking a significant step forward for the company.
Additionally, the coal ministry has executed development and production agreements for three coal mines, which include the Machhakata coal mine, Kudanali Lubri, and Sakhigopal-B Kakurhi coal mines. The successful bidders for these projects are NLC India Ltd, Gujarat Mineral Development Corporation Ltd, and Tamil Nadu Generation and Distribution Corporation Limited.
NLC India’s core business revolves around mining and power generation, and this development signifies their ongoing efforts to expand and enhance their operations in the coal sector.
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Tags: NLC India, Machhakata coal block, Odisha mining, coal production, Corporate Plan 2030, energy sector news, state-owned enterprises
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What is the Machhakata coal block?
The Machhakata coal block is a coal mining area located in Odisha, India. It has substantial coal reserves that NLC India wants to start using. -
Why does NLC India want to start mining in Machhakata?
NLC India aims to start mining in Machhakata to meet the growing energy needs of the country and to support economic development through coal production. -
When does NLC India plan to begin mining operations?
NLC India plans to start early mining operations as soon as possible, but specific dates depend on project approvals and preparations. -
How will mining in Machhakata affect the local community?
NLC India intends to create jobs and improve infrastructure in the local community, but it will also work to minimize any negative impacts on the environment and local residents. - What are the benefits of coal mining in Odisha?
Coal mining in Odisha can boost the local and national economy by providing energy, creating jobs, and supporting industries that rely on coal as a resource.
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