MCL Directors visit coalfields to ensure increased coal production & supply

The Directors of MCL visited coalfields to ensure faster decision-making and provide on-the-spot support to maximise coal supply to consumers
MCL Directors visit coalfields to ensure increased coal production & supply
  • The efforts to ramp up coal supply comes in the backdrop of a low coal stock crisis in the power sector
  • MCL has produced 68.16 Million Tonnes (MT) coal as on date, registering 10.68 percent growth over the last year

Sambalpur: The Directors of Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited (CIL), visited operational teams involved in coal mining and despatch in coalfields on Saturday to ensure faster decision-making and provide on-the-spot support to maximise coal supply to consumers. OP Singh, Director (Technical/Operations), KR Vasudevan, Director (Finance) and Keshav Rao, Director (Personnel) of MCL visited various units and projects of the company in Talcher coalfields. 

Interacting with field teams, the directors appreciated their contribution in maintaining a double-digit growth in coal production and desptach over the previous year at the coal miner. The efforts to ramp up coal supply comes in the backdrop of a low coal stock crisis in the power sector. Coal India Ltd and its subsidiaries have taken a number of measures to step up coal supply to thermal power plants in order to ensure availability of the dry fuel for power generation.

MCL has produced 68.16 MT of coal so far

MCL has produced 68.16 Million Tonnes (MT) coal as on date, registering 10.68 percent growth over the last year. Coal supply to consumers stands at 78.03 MT, which is a growth of 20 percent over the same period last fiscal. Despite unprecedented heavy rains, the company has maintained growth in coal production and supply to meet the rising fuel demand.

  
MCL has mining operations spread over in Jharsuguda, Sundergarh and Angul districts of Odisha. The PSU produced 148 MT of coal in the last financial year 2020-21 and has a target to produce 163 MT of coal and supply 182 MT to consumers during the current fiscal.

(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.)

logo
PSU Watch
psuwatch.com