The company has submitted its bid for grant of mining lease with the government of Goa.
The mines will also bring in Rs 9,831 crore in annual revenue.
Progressive output in April-May 2023 was 117.5 MT.
The government looks to sell up to 9.24 crore shares of Coal India.
Last week, Vedanta pledged 13.94 crore shares or 3.3% of the total equity held by it in Hindustan Zinc.
Vedanta has announced a significant equity dividend of Rs 70 per share in FY23.
Coal imports of the country stood at 148.58 million tonnes in the period.
Subsidiary Zinc India has achieved highest ever quarterly refined metal production of 8.2 lakh tonnes.
Total dividend payment will be Rs 7,621 crore.
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