State-owned NLC India Ltd (NLCIL) has emerged as the successful bidder for Machhakata (revised) coal mine in Angul District of Odisha subsequent to the commercial coal block e-auction held on 2 February by Ministry of Coal, the company said in a regulatory filing.

In the regulatory filing, NLC India said," The coal mine block is having a total coal reserve of 1377 million tonnes(aproximately) with a peak rated capacity of 30 million tonnes per annum."

"This is the second commercial coal mine block for NLCIL and the company is committed towards its capacity addition in line with the corporate plan," the statement further added.

Tamil Nadu-based NLC, under the Ministry of Coal, operates three opencast lignite mines with a total installed capacity of 30 million tonnes per annum (MTPA) at Neyveli.

The shares of NLC India closed on Friday at 261.60 down by 0.37%

Last year, cemerged as the successful bidder for North Dhadu (Western Part) coal mine in Jharkhand. The mine has coal reserves of 434.65 million tonnes (MT) with peak rated capacity of 3 MT per annum,

Besides, it has an opencast lignite mine at Barsingsar in Rajasthan with an installed capacity of 2.1 MTPA and an opencast coal mine at Talabira in Odisha with an installed capacity of 20 MTPA.