+
Mahanadi Coalfields expects 13 per cent increase in production
COAL & MINING

Mahanadi Coalfields expects 13 per cent increase in production

In the current fiscal year, Mahanadi Coalfields (MCL), a subsidiary of Coal India, plans to produce around 190 million tonnes of dry fuel.

This will be 13.09 per cent larger than MCL's 168 million tonne output in 2021-22. MCL Chairman-cum-Managing Director OP Singh indicated that the business's production target for 2022-23 was 176 million tonne, but the company is 21% ahead of the objective and aims to reach 190 million tonne by the end of this fiscal year.

He also stated that MCL has maintained its coal dispatch objective of 190 million tonnes for 2022-23. The company expects to ship 200 million tonnes of coal in the following fiscal year (2023-24). Out of this, 80 per cent is expected to be for the power sector.

Singh stated that the government's goal of encouraging commercial coal mining will increase MCL's supplies. The micro Ratna business has spent Rs 39.22 billion on 11 projects for first-mile connectivity. Eight of these projects are now under construction, two have been commissioned, and one has yet to be awarded.

MCL operates 18 mines, 15 of which are open-pit mines and three of which are underground mines. Odisha has 85 billion tonnes of coal reserves, 37 billion tonnes of which are held by MCL.

Also Read
Dhaka to get electricity from Nepal via Indian corridor
Hindustan Zinc to purchase Zinc International assets from Vedanta

In the current fiscal year, Mahanadi Coalfields (MCL), a subsidiary of Coal India, plans to produce around 190 million tonnes of dry fuel. This will be 13.09 per cent larger than MCL's 168 million tonne output in 2021-22. MCL Chairman-cum-Managing Director OP Singh indicated that the business's production target for 2022-23 was 176 million tonne, but the company is 21% ahead of the objective and aims to reach 190 million tonne by the end of this fiscal year. He also stated that MCL has maintained its coal dispatch objective of 190 million tonnes for 2022-23. The company expects to ship 200 million tonnes of coal in the following fiscal year (2023-24). Out of this, 80 per cent is expected to be for the power sector. Singh stated that the government's goal of encouraging commercial coal mining will increase MCL's supplies. The micro Ratna business has spent Rs 39.22 billion on 11 projects for first-mile connectivity. Eight of these projects are now under construction, two have been commissioned, and one has yet to be awarded. MCL operates 18 mines, 15 of which are open-pit mines and three of which are underground mines. Odisha has 85 billion tonnes of coal reserves, 37 billion tonnes of which are held by MCL. Also Read Dhaka to get electricity from Nepal via Indian corridor Hindustan Zinc to purchase Zinc International assets from Vedanta

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code