Mahanadi Coalfields

Rs 5.6K cr equity investments in two thermal power projects also get go-ahead

Uday A Kaole has assumed the charge of the Chairman-cum-Managing Director (CMD) of Coal India arm Mahanadi Coalfields Ltd (MCL). Prior to joining MCL as its CMD, Kaole was the Director (Technical) at Bharat Coking Coal Ltd (BCCL). Kaole brings with him 36 years of rich technical and administrative experience in the coal mining sector. He has a long experience of working in challenging underground coal mines operations, as well as in the opencast mines, MCL said in a statement. He had joined Coal India as Junior Engineering (Trainee) in 1987 and served at various important positions in Western Coalfields Limited (WCL) and South Eastern Coalfields Limited (SECL). A mining engineering graduate from Nagpur University with the First Class Mine Manager competency certification, Kaole also has degrees of Master of Business Administration (MBA) and Legum Baccalaureus (LLB) from Nagpur University.

A budget of Rs 6.5 crore has been earmarked for the skill enhancement of coal miners, the company said.

In the past three years, SECL's coal production has decreased

Visitors to the park can also avail the opportunity of having a first hand experience of an underground mine

Coal India arm MCL is in the process of diversifying into power generation and will set up a coal-based plant entailing an investment of around Rs 12,000 crore in Odisha, its chairman-cum-managing director O P Singh said. Mahanadi Coalfields Ltd (MCL) also has plans to diversify into aluminium business. "We are into process of diversifying into power generation... The power purchase agreement is in the process of getting finalised with a few states," Singh told reporters here. The subsidiary has applied to the government for coal linkage for the proposed 1,600-mw coal-fired power plant and the allotment is yet to be done, Singh said. The government is also advising the company to go for diversification "so they are definitely with us", Singh explained. Singh further said that MCL has plans to foray into aluminum business and the company is in the process of getting bauxite block allotted to it. The tentative size of the mine would be three million tonnes per annum. Bauxite is

Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited, is looking to diversify into power generation, and plans to set up a Rs 12,000 crore power plant in Odisha

Mahanadi Coalfields Ltd (MCL), a subsidiary of Coal India Ltd, aims to achieve approximately 190 million tonnes of dry fuel production in the current fiscal

State-owned CIL on Tuesday said that its arm MCL supplied 143.4 million tonnes of coal till December in the current fiscal, the highest among all the subsidiaries of the coal behemoth. Mahanadi Coalfields Ltd's (MCL) supplies accounted for 28.2 per cent of the total off-take of 507.8 million tonnes from Coal India Ltd (CIL). "MCL's growth curve has been phenomenal in FY23 in terms of production and supplies, the highest among all our subsidiaries," a senior executive of CIL was quoted as saying in a statement and added "this helped us in pushing up our overall output and off-take". MCL's coal off-take peaked to 146.12 million tonnes (MTs) on January 5, overtaking the total supplies that the company registered for full year of FY21. This achievement was attained 85 days before the current financial year comes to an end. MCL's supplies ending FY21 were 146 MTs. Against the contracted quantity of 81.5 MT to its customers in the power sector, the actual supply from MCL was 102.7 MT t

South Eastern Coalfields (SECL), the highest coal-producing company among the eight entities of CIL over the years, was outshined by Odisha-based Mahanadi Coalfields (MCL) in FY22

Inadequate rake supply continues to haunt railways despite its numerous claims of intervention

In the past one year, the non-power sector has seen coal dispatch fall by 33 per cent

The statement comes amid certain parts of the country witnessing power outrages in the wake of fuel shortages

Mahanadi Coalfields Ltd (MCL) said it has produced 168 million tonnes (MT) of coal during the financial year 2021-22 registering a growth of about 14 per cent over the previous fiscal.

The statement comes at a time when various plants in the country are facing coal shortages

Coal India Limited (CIL) Chairman Pramod Agrawal laid the foundation stone of Mahanadi Coalfields Limited's Rs 285.05 crore first-mile connectivity (FMC) project of Lajkura SILO at Ib valley in Jharsuguda district. The project would add 15 million tonne per annum dispatch capacity to Mahanadi Coalfields Limited. The CIL Chairman, who was here on a two-day visit to Ib Valley coalfields of MCL, laid the foundation stone of Lajkura SILO, under IB Valley Area on Wednesday, in the presence of MCL CMD PK Sinha, Director (Tech/Operations) OP Singh, Director (Finance) KR Vasudevan, Director (Personnel) Keshav Rao, Director (Tech/Project & Planning) Baban Singh, according to a press release. Agrawal inspected mining operations at Lakhanpur OCP (21 MTY), Belpahar OCP (9 MTY), Lajkura OCP (4.5 MTY) and Samleshwari OCP (15 MTY) and interacted with field managers. The chairman also rewarded the best performers in projects as motivation, it said. The chairman also commissioned four 100-tonne ..

Dilip Buildcon said it has emerged as the lowest bidder for development of CIL arm's mining project in Odisha having a contract value of Rs 37,215.54 crore

Coal India subsidiary Mahanadi Coalfields Ltd (MCL) on Wednesday said it posted its highest-ever single day coal despatch of 5,17,448 tonnes on July 28

Coal workers affiliated to five trade unions had gone on strike from July 2-4.

Pressure on e-auction premiums, subdued outlook on prices and stake sale overhang remain key concerns