Mining in Telangana is a key sector, contributing significantly to the state’s economy through the extraction of various minerals, including sand, coal, and limestone. The sector supports industrial development, electricity production, and local employment, while also generating substantial revenue for the state.
Key Aspects of Mining in Telangana:
Sand Mining:
- Managed by the Telangana Mineral Development Corporation (TGMDC), sand mining is an important activity that supports construction and infrastructure projects across the state.
- Revenue from sand mining contributes to various state projects and the overall economy.
Coal Mining:
- Singareni Collieries Company Limited (SCCL) is the primary coal mining entity in Telangana, playing a crucial role in electricity production and economic growth.
- Coal mined in Telangana is vital for powering the state’s thermal power plants and supporting other industrial activities.
Limestone Mining:
- Limestone mining is essential for the cement industry, which is a significant part of Telangana’s industrial landscape.
- The sector contributes to local employment and supports the state’s construction and infrastructure development.
Revenue and Economic Impact:
Mineral Revenue:
- During the fiscal year 2023-24, Telangana collected Rs. 5,439.93 crore in mineral revenue, demonstrating the sector’s importance to the state’s economy.
- However, there was a slight decrease in revenue by Rs. 29.40 crore compared to the previous year, possibly due to fluctuations in market prices or extraction volumes.
- Up to May 2024, the revenue collected from mineral resources was Rs. 428.59 crore, indicating ongoing contributions to the state exchequer.
Mining Leases:
- Telangana has a diverse range of mining leases, covering a total area of 79,759.68 hectares.
- This includes 122 mining leases for major minerals covering 69,344.94 hectares.
Additionally, there are 2,559 quarry leases for minor minerals, covering 10,414.74 hectares.
- In total, there are 2,681 leases across the state, reflecting the extensive mining activities in Telangana.
- Coal mining is a crucial sector in Telangana, primarily undertaken by Singareni Collieries Company Limited (SCCL). The coal mined in the state supports Telangana’s electricity needs and contributes to the local economy by providing employment and supporting ancillary industries.