Mahanadi Coalfields expects 13 per cent increase in production

24 Jan 2023 CW Team

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

Infrastructure Urban

03 Apr 2026

Centre Disburses Over Rs 24,610 mn in XV Finance Commission Grants

The Union Government has released XV Finance Commission tied grants during the financial year 2025–26 to rural local bodies in Chhattisgarh, Gujarat, Madhya Pradesh, Punjab and Sikkim and has released withheld portions of tied and untied grants to Himachal Pradesh, Odisha and Tripura. The total disbursal exceeded Rs 24,610 mn, with figures expressed in million (mn) thereafter. The releases cover allocations pertaining to different financial years and aim to strengthen rural local governance. State-wise disbursements included Rs 3,324.6 mn for Punjab, Rs 9,432.7 mn for Madhya Pradesh, Rs 3,47..

Centre Releases Over Rs 15 bn as XV FC Grants to Rural Bodies

The Union Government has released over Rs 15 bn in grants recommended by the Fifteenth Finance Commission (XV FC) to strengthen Panchayati Raj Institutions (PRIs) and Rural Local Bodies (RLBs) in six states. The funds comprise tied and untied grants disbursed in FY 2025–26. Telangana received Rs 2.48 bn as the first instalment of untied grants for FY 2025–26, benefitting 12600 Gram Panchayats (GPs). Uttarakhand received Rs 913.1 mn as the second instalment and an additional Rs 18.4 mn of a withheld first instalment was released to a further 216 GPs. Mizoram is included among beneficiary st..

Government Assures Fuel Supplies And Seafarer Safety Amid West Asia Developments

The Government of India has stepped up coordinated measures to maintain stability in critical sectors as developments in West Asia continue to unfold. It has prioritised uninterrupted energy supplies, safeguarded maritime operations and extended consular assistance to nationals. Central authorities are working with State and Union territory administrations to ensure timely information dissemination and operational continuity. Refineries are reported to be operating at high capacity with adequate inventories of petrol and diesel, and domestic LPG production has been increased to support consump..