National News

MCL coal despatch figure for 2021-22 touches 150 MT

Mahanadi Coalfields Limited (MCL) has produced about 140 million tonne coal as of date, with a growth of 15 percent over the same period last financial year

PSU Watch Bureau

New Delhi: Mahanadi Coalfields Limited (MCL), a subsidiary company of Coal India Limited (CIL) has crossed the coal despatch figure of 150 million tonnes in this financial year. MCL has produced about 140 million tonnes of coal as of date, with a growth of 15 percent over the same period last financial year.

On this historic achievement, MCL's Chairman-cum-Managing Director (CMD) OP Singh congratulated MCL's employees for creating history by surpassing coal despatch of 150 million tonnes.

The CMD also thanked Indian Railways for supporting the efforts of MCL to serve the nation by ensuring an adequate supply of rakes.  "MCL teams at coalfields and the headquarters are performing in perfect coordination to meet their targets and the momentum should continue," Singh said, expressing gratitude towards Odisha state administration for providing continuous support.

MCL has already surpassed last year's despatch figure of 146 million tonnes, with an impressive growth of 22 percent during the current fiscal. The company has registered double-digit growth on all the major performance parameters.

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