Coal Ministry allocates vesting order for Meenakshi coal mine to Hindalco Industries Ltd

The Ministry of Coal, acting as the Nominated Authority, has issued the Vesting Order for the Meenakshi Coal Mine to Hindalco Industries Limited. This decision follows the signing of the Coal Mine Development and Production Agreement (CMDPA) on November 22, 2024. 

The Meenakshi Coal Mine is a fully explored MMDR coal mine with a Peak Rated Capacity (PRC) of 12.00 million tons per annum (MTPA) and approximately 285.23 million tons (MT) of geological reserves. It is expected to generate annual revenue of around Rs 1,152.84 crores based on this PRC. 

With an estimated capital investment of Rs 1,800 crores, the Meenakshi Coal Mine will significantly enhance the nation's coal production and contribute to strengthening energy security.

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The development of the Meenakshi Coal Mine is expected to provide employment opportunities for around 16,224 individuals, both directly and indirectly, contributing to the economic growth of the local community and improving livelihoods in the region.

This initiative marks a significant step toward boosting the Nation's coal production capacity, supporting economic development, and creating sustainable employment opportunities. Ministry of Coal remains committed to enhancing energy security and fostering growth through responsible and efficient coal mining operations.

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