NLC India Secures Third Commercial Coal Mine in Odisha

NLC India Limited, a Navratna public sector enterprise, has successfully acquired its third commercial coal mine, the New Patrapara South Coal Mine in Angul, Odisha. This achievement follows a competitive e-auction process conducted by the Ministry of Coal. The official vesting order was issued on February 4, 2025, marking a significant milestone in the company’s ambitious mining expansion plans.

Successful Acquisition of New Patrapara South Coal Mine

The e-auction for the New Patrapara South Coal Mine was held on November 21, 2024, where NLC India Limited emerged as the highest bidder. Following this, the company signed the Coal Mine Development and Production Agreement (CMDPA) with the Ministry of Coal’s Nominated Authority on December 5, 2024.

The vesting order was formally handed over at a ceremony held at Shastri Bhavan, New Delhi, solidifying NLCIL’s commitment to increasing its coal production capacity.

Expansion and Future Commitments

The New Patrapara South Coal Mine boasts an estimated geological reserve of approximately 720.87 million tonnes, with a peak-rated capacity of 12 million tonnes per annum. With this acquisition, NLCIL has surpassed the 100 million tonnes mining capacity mark, aligning with its Corporate Plan 2030. This strategic expansion underscores the company’s dedication to securing energy resources and enhancing its role in India’s energy sector.

NLC India Share Performance

As of February 05, 2025, at 2:45 PM, the shares of NLC India Ltd are trading at ₹224.73 per share, reflecting a decline of 1.31% from its previous day’s closing price. 

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