50% of coal mines in the state of Nagpur are not profitable.
timesofindia.indiatimes.com
India
07-02-2024
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The coal industry is confronted with issues of closures, resource exhaustion (old mines), and economic unviability. In Maharashtra, one-fourth of the active coal mines will soon run out of resources, and at least 50% of them are not profitable.
Additionally, Maharashtra is the sixth-largest coal-producing state in India.
With a capacity of 87 MMTPA, it produced roughly 63 MMT of coal in 2022–2023. Over 89,000 official and non-formal jobs are supported by this sector in the three mining districts of Chandrapur, Nagpur, and Yavatmal.
In Maharashtra, there are currently more than 42,000 hectares of land with both closed and working coal mines. Moreover, more than 13,000 hectares are available with TPPs. Fifty percent of this acreage is located in the blocks that will need to begin addressing the concerns of ransomware beginning this decade.