MCL achieves 163 mt coal production target of 2021-22

24 Mar 2022 CW Team

Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited (CIL), has accomplished a 163 million tonnes (mt) coal production target fixed for the ongoing financial year (FY) 2021-22.

MCL made additional efforts to increase its coal production to the maximum during the remaining days of the FY and established a new milestone.

The company reached its overburden removal (OBR) goal of 200 million cubic metres, strengthening the company's future outlook of more expansion in coal output to satisfy the country's increasing demand for fossil fuel.

MCL is prepared to set new milestones in FY 2021-22, with more than 15% growth in coal production, 21% growth in dispatch, and 18% growth in OBR.

Mahanadi Coalfields is one of the main coal-producing firms in India. It is one of the eight subsidiaries of CIL.

Coal India Ltd is a coal mining and refining corporation owned by the Indian government and is under the ownership of the Ministry of Coal, Government of India. CIL is the biggest coal producer globally and a Maharatna public sector undertaking.

Image Source

Also read: Mahanadi Coalfields to build 50-MW solar plant in Odisha's Sambalpur

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..