Minister of Coal, Mr. G Kishan Reddy, has issued vesting orders for 10  strategically important mines, marking a significant advancement in the nation’s coal production capabilities. 

This initiative, which includes one fully explored and nine partially explored mines, is set to enhance energy security and drive economic growth across the states of Jharkhand, Chhattisgarh, West Bengal, and Madhya Pradesh.

These 10 mines have potential to substantially contribute to the nation’s energy security and industrial growth. Furthermore, these mines hold a substantial 2395 MT geological reserve, indicating a robust foundation for sustained coal production. 

These mines are expected to generate annual revenue of Rs. 166.36 crores and will attract a capital investment of Rs. 150 crores. They will provide employment to about ~1352 people, both directly and indirectly.

In his keynote address, Mr. G Kishan Reddy urged successful bidders to focus on increasing coal production and reducing imports. 

He emphasized the need for prioritizing environmental sustainability and responsible land management. Mr. Reddy highlighted the importance of enhancing green cover, adhering to strict safety standards, and actively contributing to the social welfare of local communities, including healthcare, drinking water, and education. 

He also called on bidders to build strong community relationships and ensure the long-term success of the coal sector through effective environmental conservation practices.

In his remarks Mr. Satish Chandra Dubey, MoS, (Coal) emphasized the importance of integrity and diligence in the sector. 

He also highlighted the need for sustainable mining practices and the welfare of local communities residing near coal mining areas Coal Secretary Mr. Amrit Lal Meena, congratulated all the successful bidders and urged them to expedite the coal block operationalization and assured full support of Ministry.  

He also urged bidders to prioritize environmental responsibility and sustainability in their operations.