SCCL gets another boost with PKOC-2 coal block allocation
The Singareni Collieries Company Limited (SCCL) has been allocated the PKOC-2 Dipside coal block in Telangana. This project is expected to generate significant revenue and employment while adding 180 million tonnes of coal reserves to the company's portfolio.
Why it matters
The allocation strengthens the financial sustainability of a major state-owned enterprise and contributes to regional economic development through job creation and tax revenue.
Union Minister for Coal and Mines G. Kishan Reddy on Monday welcomed the successful allocation of the PKOC-2 (Prakasam Khani Opencast) Dipside Coal Block near Manuguru in Bhadradri Kothagudem district to the Singareni Collieries Company Limited (SCCL).
The auction process for the block was completed on Monday, paving the way for its allocation to SCCL. In a statement, Mr. Kishan Reddy described the allocation as a significant milestone in strengthening SCCL’s long-term growth, financial sustainability and fulfilled a long-standing aspiration of the company and its workforce.
Recalling the recent allocation of the Naini Coal Block in Odisha and the Tadicherla-2 Coal Block to SCCL, the Minister said workers and trade union leaders had strongly urged the allocation of the PKOC-2 Dipside Block as well.
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