A Navaratna PSU, NLC, recently announced that it had bagged a new coal mine in the Angul district of Odisha, the production from which shall address the energy security of the country. The coal mine has total reserves of around 1.38 billion tonnes with an operatable peak-rated capacity of 30 million tonnes per annum (MTPA).
The newly procured mine is the second coal mine won by the PSU after the North Dhadu coal block (Western Part). “NLC India Ltd has emerged as the successful bidder for the Machhakata (revised) coal mine in Angul district of Odisha in the eighth round of commercial coal block e-auction,” read its official statement.
The PSU stated that it is committed to its capacity addition in line with its vision of achieving more than 100 MTPA by 2030 from the present 50 MTPA.
