Vesting Orders Issued for 3 Coal Blocks Under Commercial Auctions
The Ministry of Coal has issued vesting orders for three coal blocks, Rajgamar Dipside, Tangardihi North, and Mahuagarhi, under commercial auctions. These blocks, with a total geological reserve of approximately 1,484.41 MT, are expected to generate an annual revenue of around Rs. 189.77 crores and attract a capital investment of Rs. 150 crores, providing employment to about 1,352 people. This brings the total number of coal blocks allocated under commercial auctions to 130, with a cumulative PRC of approximately 267.244 MTPA, generating an annual revenue of Rs. 37,700 crores and creating employment for around 361,301 people.
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