South Eastern Coalfields to produce 150 mt of coal in FY23

17 Mar 2023 CW Team

The second state-run Coal India (CIL) business, South Eastern Coalfields (SECL), has achieved the milestone of producing more than 150 million tonnes (mt) of coal in the current fiscal year (FY).

Mahanadi Coalfields (MCL), situated in Sambalpur, was the first CIL unit to join the club this FY.

SECL surpassed the threshold, according to a corporate representative, last week. Since its founding, the Chhattisgarh-based CIL organisation had reached the 150-mt mark four times. Prior to MCL recording 168.2 mt of coal output to take the top spot in 2021–2022, SECL had been CIL's highest coal-producing company. Last year, SECL was able to generate 148 mt of coal.

The amount of coal produced by SECL has declined during the last three years. In February 2022, Prem Sagar Mishra was appointed SECL's new chairman and managing director. The company then revised its business plan and put more of an emphasis on output.

About 130 mt of the 150 mt of coal produced in FY23, or approximately 10 mt more than during the same period last year, had been sent to power plants, according to an SECL representative.

Even though SECL's output and performance have begun to trend upward, the company will have to work very hard to keep the position it held up until two years ago.

Also read:
Coal India targets 156 MT coal supply to power sector in April-June
GMDC bags 2 coal blocks in Odisha

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..