MCL witnesses a 14% rise in coal, producing 168 mt in FY21-22
COAL & MINING

MCL witnesses a 14% rise in coal, producing 168 mt in FY21-22

Mahanadi Coalfields Limited (MCL) told the media that it had produced 168 million tonnes (mt) of coal in FY21-22 and recorded 14% growth over the previous fiscal year.

The company said it had set new milestones in all the performance parameters, including coal production, despatch and overburden removal (OBR).

Chairman and Managing Director of MCL, O P Singh, said that MCL's coal production had been 103% of the target at a record 168.17 mt for FY22.

He said that the company had dispatched 176.17 mt of coal to the consumers, up by 21% over the previous year.

He added that MCL had registered a growth of over 18% in OBR at 207 million cubic meters, increasing the coal production this fiscal year.

MCL had been meeting the rising demand for coal during the third quarter (Q3) of FY21-22, despite the Covid-19 pandemic challenges.

Singh said that the coal demand would continue to remain high in the coming future. The company has set a target to produce 176 mt of coal in FY22-23.

He said that the company is keeping an eye on the erratic rainy season and other operational challenges of the coal sector to meet the rising demand by producing more coal.

The company has a capital expenditure of Rs 3,805 crore during the last financial year, which would help in meeting future goals.

It is the largest coal-producing company in India, having its mining operations in the Sundergarh, Jharsuguda and Angul districts of Odisha.

Image Source

Mahanadi Coalfields Limited (MCL) told the media that it had produced 168 million tonnes (mt) of coal in FY21-22 and recorded 14% growth over the previous fiscal year. The company said it had set new milestones in all the performance parameters, including coal production, despatch and overburden removal (OBR). Chairman and Managing Director of MCL, O P Singh, said that MCL's coal production had been 103% of the target at a record 168.17 mt for FY22. He said that the company had dispatched 176.17 mt of coal to the consumers, up by 21% over the previous year. He added that MCL had registered a growth of over 18% in OBR at 207 million cubic meters, increasing the coal production this fiscal year. MCL had been meeting the rising demand for coal during the third quarter (Q3) of FY21-22, despite the Covid-19 pandemic challenges. Singh said that the coal demand would continue to remain high in the coming future. The company has set a target to produce 176 mt of coal in FY22-23. He said that the company is keeping an eye on the erratic rainy season and other operational challenges of the coal sector to meet the rising demand by producing more coal. The company has a capital expenditure of Rs 3,805 crore during the last financial year, which would help in meeting future goals. It is the largest coal-producing company in India, having its mining operations in the Sundergarh, Jharsuguda and Angul districts of Odisha. Image Source

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?