Mahanadi Coalfields Ltd (MCL), a subsidiary of Coal India Ltd (CIL), on Friday 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.<\/p>\n
The company said it has set new milestones in all the performance parameters vis-a-vis coal production, despatch and overburden removal (OBR).<\/p>\n
Addressing a press conference here, MCL Chairman-cum-Managing Director O.P. Singh said: “The last fiscal has been a great year, full of achievements for the company, and I am happy to inform that MCL’s achievement in coal production had been 103 per cent of target at a record 168.17 million tonne for the financial year ended yesterday.”<\/p>\n
Besides, the company has dispatched 176.17 MT coal to the consumers, with a growth of 21 per cent over previous year, he said.<\/p>\n
Similarly, the MCL has registered a growth of more than 18 per cent in overburden removal at 207 MCuM (million cubic meters), which will help us toAincrease the coal production during the current fiscal, Singh said.<\/p>\n
He also said that MCL had been successful in meeting the rising demand of coal during the third quarter of last financial year 2021-22, despite challenges posed by Covid-19 pandemic.<\/p>\n
About the future of coal demand, Singh said: “It is estimated that the coal demand will continue to remain high in the coming times.” The company has set a target to produce 176 million tonne coal in the financial year 2022-23.<\/p>\n
“We have also made advance preparations, keeping in view the erratic rainy season and other operational challenges, to meet the rising demand by producing more coal,” he said.<\/p>\n
He also said that the company has also done capital expenditure of Rs 3,805 crore during the last financial year, which would help MCL in meeting the future goals.<\/p>\n
MCL is the largest coal producing company in the country, having its mining operations spread over Sundergarh, Jharsuguda and Angul districts of Odisha.<\/p>\n","protected":false},"excerpt":{"rendered":"
Mahanadi Coalfields Ltd (MCL), a subsidiary of Coal India Ltd (CIL), on Friday 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 company said it has set new milestones in all the performance parameters vis-a-vis coal […]<\/p>\n","protected":false},"author":1,"featured_media":16220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,78],"tags":[],"class_list":["post-16219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main-stories","category-odisha"],"_links":{"self":[{"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/posts\/16219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/comments?post=16219"}],"version-history":[{"count":1,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/posts\/16219\/revisions"}],"predecessor-version":[{"id":16221,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/posts\/16219\/revisions\/16221"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/media\/16220"}],"wp:attachment":[{"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/media?parent=16219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/categories?post=16219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/tags?post=16219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}