Adani Enterprises sign up to develop Gare Palma II
Adani Enterprises Ltd along with its wholly owned subsidiary Gare Palma II Collieries Pvt Ltd (GPIICPL) have signed a pact with Maharashtra State Power Generation Co Ltd (MAHAGENCO) to develop and operate Gare Palma Sector II coal mine.
The coal ministry had allocated the coal mine in Raigarh district of Chhattisgarh to MAHAGENCO in 2015, Adani Enterprises said in a filing to BSE on Friday.
The coal block was allotted for the development, operation and captive consumption of coal to its end use thermal power plants located at Koradi, Chandrapur 8- Parli.
According to the approved mining plan, the peak rated capacity of mine is 23.6 million tonnes per annum with total mineable reserve of 553.18mt for opencast mine.
