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MCL

The SECL was holding the top position till FY21. Its output, however, dropped to 142.5 mt in FY22, only to be overtaken by MCL with coal production of 168.2 mt

Updated On: 05 Apr 2023 | 10:25 PM IST

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

Updated On: 29 Jan 2023 | 5:05 PM IST

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

Updated On: 23 Jan 2023 | 5:30 PM IST

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

Updated On: 10 Jan 2023 | 6:07 PM IST

The Odisha-based miner dispatched 176.17 mt of coal to its consumers, with a 21 per cent growth over the previous year, MCL chairman-cum-managing director Om Prakash Singh said

Updated On: 01 Apr 2022 | 8:26 PM IST

The Mahanadi Coalfields Limited (MCL) has crossed 157 million tonne (MT) in coal production in the financial year of 2021-22, to become the leading coal producing company in the country

Updated On: 14 Mar 2022 | 9:36 AM IST

CIL arm Mahanadi Coalfields Ltd said it has offered 22.5 lakh tonnes of coal to power consumers via the road-cum-rail mode

Updated On: 11 Jan 2022 | 7:58 PM IST

The statement assumes significance in the wake of the country's power plants grappling with coal shortages.

Updated On: 18 Oct 2021 | 5:47 PM IST

MCL, a subsidiary of Coal India Ltd, on Friday said it has posted a record production of 148.01 million tonne

Updated On: 02 Apr 2021 | 8:16 PM IST

MCLincurred production losses due to intermittent work stoppages and unavailability of land for expansion

Updated On: 28 Nov 2019 | 12:38 PM IST

MCL has contributed 48% to CIL's net profit of Rs 14,000 crore for FY17

Updated On: 08 Jun 2017 | 10:04 PM IST

May miss coal output target this fiscal due to operational bottlenecks

Updated On: 29 Nov 2016 | 10:55 PM IST

The company has plans to set up total five coal washeries in the state and aims to contribute 250 million tonnes of coal

Updated On: 04 Sep 2016 | 1:21 PM IST

To reach the targeted production of 250 million tonne by 2020

Updated On: 29 Jun 2016 | 6:44 PM IST

MCL's gross turnover in 2015-16 at Rs 19,053.15 crore is 21% higher than previous year

Updated On: 05 Apr 2016 | 8:37 PM IST

By producing a record 138 mt of dry fuel in the financial year.

Updated On: 04 Apr 2016 | 1:22 PM IST