The Ministry of Coal has issued Allocation Order for 12 Coal Mines. The cumulative Peak Rated Capacity (PRC) of the 12 coal mines for which orders have been issued is 21 million tonnes per annum and Geological Reserve is 2300 million tonnes. The Ministry said in a statement that these mines are expected to generate an Annual Revenue of three thousand 569 crore rupees calculated on the basis of PRC and will attract Capital Investment of three thousand 208 crore rupees. It will provide employment to nearly 28 thousand 800 people both directly and indirectly.
The Ministry said that with the vesting or allocation of these 12 coal mines, allocation orders have been issued for total 39 coal mines under commercial auctions with cumulative PRC of over 83 million tonnes per annum. This will result in generation of Annual Revenue of 11 thousand 380 crores rupees calculated on the basis of PRC of the coal mine to State Government. It will generate employment for over one lakh 12 thousand people.
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