Coal Ministry Execute Agreements with DVC

New Delhi: The Coal Ministry in an advance-efforts towards synergising the energy security and advancing towards economic growth, has executed Coal Mine Development and Production Agreements (CMPDAs) with Government-owned Damodar Valley Corporation for three commercial coal blocks, i.e. Dhulia North, Mandakini B, and Pirpainti Barahat. The blocks were successfully auctioned under the 13th round of commercial coal mining auctions.

The agreement execution represents a significant achievement in country’s journey towards self-reliance in the coal sectors. All of the three coal blocks are fully explored and account for a cumulative Peak Rated Capacity (PRC) of 49 million tonnes per annum (MTPA). This underscores its strategic importance in achieving the growing energy requirements.

The projects are proposed to generate an estimate annual revenue of Rs 4,621 crore with a good capital investment of approximately of Rs 7,350 crore and contributes substantially towards the economic and industrial growth. Along with strengthening of energy availability, the development of these coal blocks will deliver significant socio-economic benefits.

Furthermore, these three projects are projected to create around 66,248 direct and indirect employment opportunities, fostering livelihood generation and regional development in the coal-bearing areas.

The government is expanding its footprints in the domestic coal production through a transparent, competitive, and investor-friendly auction framework.

These efforts are focused on long-term energy security, stimulating economic growth, and advancing inclusive development, in alignment with the national vision of Atmanirbhar Bharat.