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

Next Story
Equipment

Handling concrete better

Efficiently handling the transportation and placement of concrete is essential to help maintain the quality of construction, meet project timelines by minimising downtimes, and reduce costs – by 5 to 15 per cent, according to Sandeep Jain, Director, Arkade Developers. CW explores what the efficient handling of concrete entails.Select wellFirst, a word on choosing the right equipment, such as a mixer with a capacity aligned to the volume required onsite, from Vaibhav Kulkarni, Concrete Expert. “An overly large mixer will increase the idle time (and cost), while one that ..

Next Story
Real Estate

Elevated floors!

Raised access flooring, also called false flooring, is a less common interiors feature than false ceilings, but it has as many uses – if not more.A raised floor is a modular panel installed above the structural floor. The space beneath the raised flooring is typically used to accommodate utilities such as electrical cables, plumbing and HVAC systems. And so, raised flooring is usually associated with buildings with heavy cabling and precise air distribution needs, such as data centres.That said, CW interacted with designers and architects and discovered that false flooring can come in handy ..

Next Story
Infrastructure Urban

The Variation Challenge

A variation or change in scope clause is defined in construction contracts to take care of situations arising from change in the defined scope of work. Such changes may arise due to factors such as additions or deletions in the scope of work, modifications in the type, grade or specifications of materials, alterations in specifications or drawings, and acts or omissions of other contractors. Further, ineffective planning, inadequate investigations or surveys and requests from the employer or those within the project’s area of influence can contribute to changes in the scope of work. Ext..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?