MCL beats Chhattisgarh-based SECL in coal production for second year
COAL & MINING

MCL beats Chhattisgarh-based SECL in coal production for second year

South Eastern Coalfields (SECL) of Chhattisgarh finished second in coal production among eight entities of the state-run Coal India (CIL) in fiscal year 2022-23. With 193.3 million tonnes (mt) of output in FY23, neighbouring Odisha-based Mahanadi Coalfields (MCL) retained its position as the country's largest coal-producing company for the second consecutive fiscal year.

SECL held the number one spot until FY21. Its output, however, fell to 142.5 mt in FY22, only to be surpassed by MCL, which produced 168.2 mt of coal. In FY23, the SECL and MCL planned to produce 182 mt and 173 mt of coal, respectively. Despite its production growing by over 17 per cent, the SECL could record an output of 167 mt in 2022-23.

The MCL authorities are overjoyed with the achievement, which keeps them in first place in coal production for the second year in a row.

"We are pleased to report that MCL has met all of its targets well ahead of schedule and has contributed to Coal India exceeding its target of 700 mt set for FY23," said MCL Chairman and Managing Director OP Singh. He claimed that eco-friendly equipment surface miners accounted for 97% of MCL's total production.

MCL's growth was less than SECL's at 15%, but the company produced 193.3 mt of coal, which was about 20 mt more than the target and about 26 mt more than the previous year. The SECL’s growth in terms of volume was close to MCL at 24.5 mt compared to the previous year.

Prem Sagar Mishra, Chairman-cum-Managing Director (CMD) of SECL, described the company's performance as "significant." "The company has enormous potential." "The goal is lofty, and the journey continues."

Overburden Removal (OBR) removal reached a new high of 264.10 million cubic meters, a 35% increase year on year. Mishra stated that OBR was a pre-coal extraction process that would assist the SECL in meeting higher production targets in the future.

However, SECL's Gevra project set a record in FY23 by becoming the country's first mine to produce more than 50 million tonnes of coal. The project's total output was estimated to be 52.5 mt in FY23.

Also Read
Housing ministry sets up panel for stalled realty projects
Piramal Capital sells two offices to TCG Urban Infra for Rs 110 crore

South Eastern Coalfields (SECL) of Chhattisgarh finished second in coal production among eight entities of the state-run Coal India (CIL) in fiscal year 2022-23. With 193.3 million tonnes (mt) of output in FY23, neighbouring Odisha-based Mahanadi Coalfields (MCL) retained its position as the country's largest coal-producing company for the second consecutive fiscal year. SECL held the number one spot until FY21. Its output, however, fell to 142.5 mt in FY22, only to be surpassed by MCL, which produced 168.2 mt of coal. In FY23, the SECL and MCL planned to produce 182 mt and 173 mt of coal, respectively. Despite its production growing by over 17 per cent, the SECL could record an output of 167 mt in 2022-23. The MCL authorities are overjoyed with the achievement, which keeps them in first place in coal production for the second year in a row. We are pleased to report that MCL has met all of its targets well ahead of schedule and has contributed to Coal India exceeding its target of 700 mt set for FY23, said MCL Chairman and Managing Director OP Singh. He claimed that eco-friendly equipment surface miners accounted for 97% of MCL's total production. MCL's growth was less than SECL's at 15%, but the company produced 193.3 mt of coal, which was about 20 mt more than the target and about 26 mt more than the previous year. The SECL’s growth in terms of volume was close to MCL at 24.5 mt compared to the previous year. Prem Sagar Mishra, Chairman-cum-Managing Director (CMD) of SECL, described the company's performance as significant. The company has enormous potential. The goal is lofty, and the journey continues. Overburden Removal (OBR) removal reached a new high of 264.10 million cubic meters, a 35% increase year on year. Mishra stated that OBR was a pre-coal extraction process that would assist the SECL in meeting higher production targets in the future. However, SECL's Gevra project set a record in FY23 by becoming the country's first mine to produce more than 50 million tonnes of coal. The project's total output was estimated to be 52.5 mt in FY23. Also Read Housing ministry sets up panel for stalled realty projects Piramal Capital sells two offices to TCG Urban Infra for Rs 110 crore

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement