TOMPL Wins MDO Tender From NLC India In Odisha
Talabira (Odisha) Mining Private Limited (TOMPL), a subsidiary of Adani Enterprises Limited (AEL), has become the successful bidder for Mine Developer and Operator (MDO) tender of Talabira II & Ill coal block issued by NLC India Limited (NLC). The project is expected to generate a revenue of INR 122000 million.
Talabira II 8- Ill coal block is located in 1B Valley coalfields in district Sambalpur 8. Jharsuguda districts of Odisha state. The Mine capacity shall be of 20 Million Tonnes per annum with the total minable reserve of about 554 Million Tonnes. The contract period will be till exhaustion of reserves (i.e. about 35 years) including development period.
Ministry of Coal (MoC) has allocated Talabira II & Ill coal block to NLC India Limited vide allotment order dated 2nd May 2016 under Coal Mines (Special Provisions) Act, 2015 for the development, mining and captive consumption of coal from Talabira II 8. Ill coal block in its various end use power plants.
NLC had floated tender for selection of MDO for development and operation of Talabira II 8. Ill coal block in November 2017 and Reverse Auction was conducted in January 2018 wherein TOMPL become the L1 bidder. Coal Mining Agreement (CMA) between NLC and TOMPL along with AEL for development and operation of Talabira II 8- III coal block has been executed. By this development Contractual Capacity of AEL as an MDO has now become 52 MTPA.
- Issued By:NLC INDIA LIMITED
- Bagged By:
- Region:Eastern India
- Industry:Coal & Lignite
- Published On:2018-03-26