Bellampalli is noted for its coal minesbelonging to Singareni Collieries Company Limited.In entire Telangana Bellampalli has the maximum nuumber of coal mines and opencast mines.The first coal mine was established in 1936 by the British government. Later the town developed very rapidly with the discovery and excavation of many coal mines.The coal production from the SCCL is catering to the needs of the National Thermal Power Corporation,Ramagundam and many surrounding industrial buildings such as cement plants in Devapur and power plants in Maharashtra
Bellampalli has played a vital role in Maoist revolutions in the history and a first union was formed as singareni karmika samakya (si ka sa) under ancillary part of peoples war.
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