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NCC led consortium awarded Pachhwara North Coal Block MDO Project

Capital Market 

By Power Development Corporation

The NCC-BGR Consortium which has been formed between NCC and BGR Mining & Infra has been awarded the Pachhwara North Coal Block Mine Developer and Operator Project (MDO Project) by the Power Development Corporation.

This project comprises of activities relating to mine development, excavation of over burden and coal and transportation of the coal upto the railway siding situated at Pakur and loading of coal into the railway wagons etc. The project has coal reserves of nearly 400 million tons and over burden of 1650 million cubic meters. The total duration of the project is about 30 years and will be extended for a further period until the coal reserves are exhausted. The value of the project including taxes is estimated to be Rs 35000 crores over a period of 30 years and the annual revenue at rated capacity is about Rs 1335 crore.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 19 2016. 18:09 IST