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HomeIndiaMinistry of Coal signs development agreements for three commercial blocks with DVC

Ministry of Coal signs development agreements for three commercial blocks with DVC

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The Ministry of Coal has executed Coal Mine Development and Production Agreements with Damodar Valley Corporation for three commercial coal blocks, namely Dhulia North, Mandakini B, and Pirpainti Barahat. It was auctioned under the 13th round of commercial coal mining.

 

The Ministry informed that the execution of these agreements represents a significant milestone in India’s journey towards self-reliance in the coal sector. It said all three coal blocks are fully explored and together account for a cumulative Peak Rated Capacity of 49 million tonnes per annum, underscoring their strategic importance in meeting the country’s growing energy requirements.

 

The projects are expected to generate annual revenue of about 4,621 crore rupees and attract an investment of nearly 7,350 crore rupees. It will also generate over 66 thousand direct and indirect employment opportunities, contributing to energy security, economic growth, and regional development.

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