MCL surpasses coal despatch target of 176 MT for FY23 
News Updates

MCL surpasses coal despatch target of 176 MT for FY23

MCL achieved the annual target of 176 million tonne (MT) coal despatch to consumers for financial year 2022-23

PSU Watch Bureau

Sambalpur:  Mahanadi Coalfields Limited (MCL) achieved the annual target of 176 million tonne (MT) coal despatch to consumers for financial year 2022-23. MCL surpassed its annual target on Tuesday (February 28, 2023) by registering a progressive coal despatch of 176.11 MT for current financial year, recording a growth of 10 percent, against same period last fiscal. 

Over 77% of total coal was despatched to power sector

More than 77 percent of total coal despatched by MCL was to the power sector, playing a major role in meeting the increased energy demand in the country.

OP Singh, Chairman-cum-managing Director (CMD), congratulated the Team MCL for a historic new high in all the parameters. He thanked the Ministry of Coal, Ministry of Railways, Govt of Odisha, Coal India Limited, Trade Union representatives in MCL, all officers, employees and contractors’ workers for their valuable contribution in achieving this milestone.

(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.)

Regulatory clash brews as IOC officers, unions resist PNGRB’s open-access push for petroleum pipelines

HUDCO to provide Rs 1 lakh crore support for urban development projects in MP

RITES secures Rs 46.82 crore turnkey contract for college infrastructure projects in Karnataka

THDCIL’s HRD Centre recognised as ‘Centre of Excellence’ by SHRM India

NHAI to bid out 124 road projects worth Rs 3.4 lakh crore in FY26