The Business Bytes
TBB BUREAU
RANCHI, SEPT 30, 2023
NTPC Mining Limited (NML) signed the Coal Mine Development and Production Agreement (CMDPA) for its first commercial coal mine, North Dhadu (Eastern Part), won by NML in the 7th Tranche of Commercial Coal Auction round.
The Agreement was signed between the Government of India through Nominated Authority, Ministry of Coal (MoC) and CEO, NML.
Union Coal Secretary Amrit Lal Meena handed over the signed agreement to NML CEO Animesh Jain in a ceremony held at MoC Conference hall on September 29. On the occasion, the Coal Secretary congratulated NML for winning the block located in the Latehar District of Jharkhand.
Thanking the Coal Ministry, the NML CEO assured of the early operationalisation of the mine.
By winning one commercial coal mine NML has put the step forward for its target to reach the capacity of 100 million tonnes per annum. NML is a wholly owned subsidiary of NTPC Limited.
