DBL's Consortium Wins MDO Contract For Pachhwara Central Coal Block
Dilip Buildcon Limited (DBL) in consortium with VPR Mining Infrastructure Private Limited has been awarded the contract of Mine Developer cum Operator (MDO) for the Development and Operation of Pachhwara Central Coal Block located at Rajmahal Coalfield, District Pakur, Jharkhand by Punjab State Power Corporation Limited (PSPCL).
As per the terms of the contract, DBL Pachhwara Coal Mines Private Limited (a Special Purpose Vehicle- SPV) was incorporated by DBL having a shareholding of 74% and VPR having a shareholding of 26% for execution of the project.
The Pachhwara Central Coal Block is reserved for Power Sector End Use and was allotted to PSPCL by Nominated Authority, Ministry of Coal (MOC), Government of India (GOI) for its captive utilization. The mineable reserve of the block is 382.81 Million Metric Tons to be exploited over a period of 55 years at a Peak Rated Capacity of 7 MTPA (Million Tons per annum).
|Project||Contract Value (INR in million)||Contract Period||Mine Reserve (Million Metric Tons)|
|Mine developer cum operator for development and operation of the Pachhwara Central Coal Mine located in Pakur District of Jharkhand, India with a peak rated capacity of 7mtpa||321560.4 (Excluding Taxes)||55 Years or till the life of the mine whichever is earlier ||382.81|
- Issued By:PUNJAB STATE POWER CORPORATION LIMITED
- Bagged By:
- Region:Eastern India
- Value:INR 321560.4 Million
- Published On:2018-09-12