A rich coal mine carrying 434.65 million tonnes of coal in Jharkhand is now in the hands of a Public Sector Undertaking as the Centre has already allocated it NLC India Ltd.
Reports say the PSU had emerged as successful bidder for North Dhadu (Western Part) mine in Latehar district of Jharkhand under commercial auctions held in August.
The vesting order (for coal blocks was) issued by Secretary (Coal) to NLC India Ltd in the ceremony conducted on December 14, 2023," NLC India Ltd said in a filing to the BSE, reports PTI.
“This coal mine has reserves of 434.65 million tonnes and its peak rated capacity is three million tonnes per annum.
This coal mine has reserves of 434.65 million tonnes and its peak rated capacity is three million tonnes per annum. NLC India is a Navratna company under the coal ministry.
The core business of the PSU is mining and power generation. NLC India Limited is a central public sector undertaking under the administrative control of the Ministry of Coal, Government of India.”