NLC India secures Odisha's Machhakata coal mine for Rs 12,000 crore investment, doubling lignite-cum-coal production.
NLC India secured a large coal mine in Odisha, which is expected to double its lignite-cum-coal production. The company plans to invest around Rs 12,000 crore in the development of the Machhakata coal mine in the Angul district of Odisha, won under a revenue-sharing model. The mine could yield 30 million tonnes of coal annually, contributing significantly to the country's energy security.
July 15, 2024
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