{"id":869,"date":"2025-04-09T03:24:01","date_gmt":"2025-04-09T03:24:01","guid":{"rendered":"https:\/\/thefrontpage24.com\/?p=869"},"modified":"2025-04-09T03:26:26","modified_gmt":"2025-04-09T03:26:26","slug":"coal-ministry-signs-agreements-for-two-more-commercial-mines","status":"publish","type":"post","link":"https:\/\/thefrontpage24.com\/?p=869","title":{"rendered":"Coal Ministry Signs Agreements for Two More Commercial Mines"},"content":{"rendered":"<p class=\"\" data-start=\"0\" data-end=\"143\">TFP Bureau, New Delhi, April 9, 2025: In a key step toward enhancing India\u2019s energy self-reliance and economic progress, the Ministry of Coal has signed Coal Mine Development and Production Agreements (CMDPAs) for two additional commercial coal blocks\u2014Marwatola-II and Namchik West\u2014under the 11th round of commercial mining auctions.<\/p>\n<p class=\"\" data-start=\"472\" data-end=\"934\">The Marwatola-II mine has been awarded to Singhal Business Private Limited, while PRA Nuravi Coal Mining Private Limited secured the Namchik West block. Of the two, one is fully explored and the other partially explored, with a combined Peak Rated Capacity (PRC) of approximately 0.34 million tonnes per annum (MTPA). These projects are expected to generate an estimated annual revenue of Rs. 106.14 crore and attract a capital investment of around Rs. 55 crore.<\/p>\n<p class=\"\" data-start=\"936\" data-end=\"1141\">Beyond energy production, the initiative will also bring socio-economic benefits. The two mines are projected to generate about 460 direct and indirect employment opportunities in their respective regions.<\/p>\n<p class=\"\" data-start=\"1143\" data-end=\"1552\">With these new agreements, the Ministry has now executed CMDPAs for 120 coal mines under its commercial coal mining initiative. Collectively, these blocks represent a total PRC of 265.64 MTPA, with an estimated annual revenue of Rs. 37,300 crore and projected investments worth Rs. 39,900 crore. Overall, the commercial mining initiative is expected to create employment for nearly 3.6 lakh people nationwide.<\/p>\n<p class=\"\" data-start=\"1554\" data-end=\"1798\">The Ministry of Coal reaffirmed its commitment to a transparent and investor-friendly auction process to boost domestic coal production, advance energy security, and promote inclusive development aligned with the vision of a self-reliant India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marwatola-II and Namchik West to Boost Energy Security and Create 460 Jobs<\/p>\n","protected":false},"author":1,"featured_media":870,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[116,27],"tags":[156],"class_list":["post-869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-national","tag-coal-india"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - 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