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Coal Ministry issues Vesting Orders for 22 Coal Mines

Newdelhi:8/6/23:The Nominated Authority, Ministry of Coal has issued Vesting Orders for 22 coal mines to successful bidders of coal blocks under commercial coal mine auction here today. Out of the 22 coal mines, eleven mines are under Coal Mines (Special Provisions) Act, 2015 and the rest comes under Mines & Minerals (Development and Regulation) Act,1957. Sixteen coal mines are fully explored mines while six mines are partially explored ones.The cumulative peak rated capacity (PRC) of 22 coal mines is 53 million tonne per annum (MTPA) and having approximately 6,379.78 million tonne (MT) of Geological Reserves. These mines are expected to generate Annual Revenue of Rs. 9,831 crores and will attract Capital Investment of  Rs. 7,929 crores. It will provide employment to  about 71,467 people both directly and indirectly.

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With the vesting of these 22 coal mines, Ministry of Coal had issued vesting orders for a total of 73 coal mines under commercial auctions till date with cumulative PRC of 149.304 MTPA. This will result in generation of Annual Revenue of Rs. 23,097.64 crores to the State Governments and will generate employment opportunity to 2,01,847 people,  both directly and indirectly.

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Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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