Latest News

Coal evacuation from MCL’s Talcher fields gets 40K-tonne boost with inauguration of this rail link

With the inauguration of a 14-km-long Angul-Balram rail link, MCL will be able to increase the daily despatch of coal to consumers by about 40 thousand tonnes

PSU Watch Bureau

Angul (Odisha): Coal evacuation from Mahanadi Coalfields Ltd's (MCL) Talcher coalfields has got a major boost with the inauguration of a 14-km-long Angul-Balram rail link, which would enable MCL to increase the daily despatch of coal to consumers by about 40 thousand tonnes. Constructed by MCRL (Mahanadi Coal Railway Limited), a Joint Venture Company (JV) of MCL, IRCON International Ltd and IDCO, the rail link was inaugurated on Thursday by Pralhad Joshi, Union Minister for Coal, along with Dharmendra Pradhan, Union Minister for Education and Ashwini Vaishnaw, Union Minister for Railways.

Union Minister for Coal Pralhad Joshi (from right), Education Minister Dharmendra Pradhan, Railways Minister Ashwini Vaishnaw and CIL Chairman Pramod Agrawal at the inauguration of the 14-km-long Angul-Balram rail link in Odisha on Thursday.

Coal Secretary Amrit Lal Meena, Pramod Agrawal, Chairman, Coal India Limited (CIL), MCL CMD OP Singh, Director (Personnel) Keshav Rao, Director (Technical) Jugal Kumar Borah and Director (Finance) Ajit Kumar Behura were prominent among senior officers present at the inaugural ceremony.

MCL Angul-Balram rail link

The Angul-Balram rail link is the first phase of a total 68-km-long Inner Corridor — Angul-Balram-Putugadia-Jarapada-Tentuloi — which will cater to the coal mines of Talcher coalfields in the Angul district of Odisha.

In MCRL, MCL, as a representative of the Ministry of Coal, has 64 percent equity shares, while IRCON, representing the Ministry of Railways, has 26 percent and IDCO, representing the government of Odisha, has 10 percent equity shares. This JV was formed in 2015 to undertake project development, financing and implementation of a common rail corridor for the identified coal projects in the state of Odisha.

The Inner Corridor is being implemented by MCRL in two phases. In Phase-I, 14-km-long Angul-Balram Rail Link was to be constructed, while in Phase-II, 54-km-long Balram-Putugadia-Jarapada-Tentuloi rail-link would be completed. IRCON International Ltd is the implementing agency of this project which is developed at an estimated cost of Rs 1,700 crore.

The commissioning of the first phase, the Angul-Balram rail link, has enhanced the potential of MCL to despatch coal by 10 more rakes daily.

The rail-link will also facilitate the evacuation of dry fuel from the coal blocks allotted to miners other than the Coal India in Talcher coalfields.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

SCI Q2 net profit jumps multi-fold to Rs 291.44 crore

Air India rejigs senior management ahead of Vistara merger

Q2 FY'25: PFC posts nearly 9% increase in net profit

INOX India net profit grows by 10% to Rs 50 crore in Q2

SBI Q2 net profit jumps 23% to Rs 19,782 crore in Q2 FY'25