State-owned NLC India Ltd is aiming to start the mining of Machhakata coal block in Odisha ahead of schedule.
Machhakata coal block is the second commercial coal block and the biggest among the NLCIL's mining projects.
NLC India Ltd (NLCIL) had emerged as the successful bidder for Machhakata (Revised) coal block in Angul district of Odisha under the commercial coal block e-auction held in July.
The Machhakata coal block, having reserves of 1.4 billion tonnes (BT), with average Grade of G10-G11, and capacity of 30 MTPA, is expected to be one among the top five biggest mines in the country, NLCIL said in a statement.
"NLCIL aims to commence the mining ahead of schedule. This marks another milestone towards realising NLCIL's Corporate Plan 2030," the statement added.
Machhakata Coal Block's vesting order was issued on Thursday.
The company had earlier said that it is committed to its capacity addition in line with its vision of achieving more than 100 million tonnes per annum (MTPA)
