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

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..