It is reported that union ministry of coal has in principle approved the 50:50 sharing of Nuagaon-Telisahi Coal block by OMC Ltd and Andhra Pradesh Mineral Development Corporation.
The Nuagaon-Telisahi block is spread over 15 square kilometers with an estimated reserve of 733 million tons of E&F grade Coal.
The OMC proposes to use the coal to meet the requirement of small end users of the state and the upcoming steel & aluminium industries in the state of Orissa.
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