In State of Jharkhand Dilip Buildcon announced that the company in consortium with VPR Mining Infrastructure has emerged as L-1 bidder in the tender floated for the mine developer cum operator (MDO) contract of Pachhwara Central Coal Bank of Punjab State Power Corporation for 55 years. The project is valued at Rs 32,156.04 crore. The mine is located at Pakur District in Jharkhand.
The Pachhwara Central Coal Block is reserved for Power Sector End Use and was allotted to PSPCL by Nominated Authority, Government of India for its captive utilization. The mineable reserve of the block is 382.1 Million Metric Tons to be exploited over a period of 55 years at a Peak Rated capacity of 7 MTPA (Million Tons per annum).