Vedanta is expecting coal output from the mine located in Chhattisgarh (Chotia block) to increase to one million tonnes per annum (MTPA) in near term as it looks to secure 90% of its requirement from linkage and captive block. The output from the captive mine stood at 0.45 million tonnes in the fourth quarter of last fiscal.
Bharat Aluminium (Balco), part of Anil Agarwal-led Vedanta, had bagged Chotia block during the first phase of coal mine auctions held in 2015.
Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.
