Union Minister of State for Coal and Mines, Mr. Satish Chandra Dubey recently inaugurated the resumption of Surda Mine operations.
Mr. Satish Chandra Dubey in his address said that resumption of Surda Mine operation is a significant step towards making the nation self-reliant in copper. Surda Mine operation will generate employment, revive the local economy and generate about Rs 100 Cr revenue per annum.
HCL has plans to enhance the mining capacity of Surda mine from the current level of 0.4 mtpa to 0.9 mtpa in the next seven years. Jharkhand Cabinet has approved lease extension for the Kendadih and Rakha mines recently.
Reopening of Kendadih and Rakha mines is on the cards this year which will lead to 2000 direct employment and 10,000 indirect employment among the local populace and triple the production of Indian Copper Complex.
CMD, Hindustan Copper Ltd, Mr. Ghanshyam Sharma, said that resumption of Surda mine operation will provide direct employment to around 1100 and indirect employment to about 5000 among the local populace.
This will also increase CSR and welfare activities in and around the neighbouring villages. Rs 50 Crore Capital investment to be made by HCL for mining operation during the Fiscal Year 2024-25.
