MCL becomes the first ever company to achieve 200 MT coal production

ANGUL:Mahanadi Coalfields Limited (MCL) has become the first ever company to achieve the magic figure of 200 million tonne (MT) coal production in a financial year, setting a new benchmark in the coal sector.

A wave of joy spread across MCL, which has mining operations in Angul, Jharsuguda and Sundargarh districts of Odisha, as the company crossed 200 MT mark on Saturday night.

Uday Anant Kaole, Chairman-cum Managing Director, congratulated every member of MCL family and associated agencies. "It gives me immense pleasure to share the news of this extraordinary milestone of 200 million tonnes in coal production. This is not just a number, but a symbol of our commitment, hard work, and perseverance," said the CMD, exhorting Team MCL to continue with best efforts to ensure sufficient coal to meet energy requirements of the country.

MCL had earlier crossed 100 MT mark in coal production in the financial year 2009-10, while 150 MT mark was crossed in financial year 2021-22 when the company recorded over 168 MT coal production. 200MT has come within 2 years.

Related Business News

Will scrap Agniveer scheme as soon as government is formed: Rahul Gandhi

NEW DELHI: Rahul Gandhi targeting BJP has said that as soon as the government is formed, the Agniveer scheme will be thrown into the dustbin. “We will not allow discrimination against martyrs”,he said. Congress leader Rahul Gandhi and SP chief Akhilesh Yadav jointly add....

Fire broke out at NTPC-Kaniha conveyor belt

ANGUL: On Saturday,a major fire broke out in the conveyor belt 15 A & 15 B along with at coal transfer point (TP) 16 located between Unit 2 and Unit 3 at NTPC Kaniha plant. The fire call was quickly responded to by the CISF Fire Wing and Plant Disaster Team . The fire has been doused....

RBI Keeps Repo Rate Unchanged For 7th Time In Row

NEW DELHI: Reserve Bank of India’s Monetary Policy Committee kept repo rate unchanged for 7th time in a row. RBI Governor Shaktikanta Das today, April 5 announced the Monetary Policy statement and kept the Repo rate at 6.5%. He said, in the current Financial Year Real GDP rate is expec....

RBI Has Taken Numerous Steps To Popularise Use Of Indian Rupee In Global Markets

MUMBAI:With an aim to build an AtmaNirbhar Indian Economy and Viksit Bharat, Prime Minister Narendra Modi has emphasized the need to make the Indian Rupee more accessible and acceptable throughout the world. Accordingly, the Reserve Bank of India has taken numerous steps in the recent past to popula....

PM Modi To Address Ceremony Marking 90 Years Of RBI In Mumbai

NEW DELHI:Prime Minister Narendra Modi will be on a day-long visit to Mumbai today. During his visit, Mr Modi will address a ceremony marking 90 years of the Reserve Bank of India in the city. The Reserve Bank of India (RBI) commenced its operations on 1st of April in 1935 and enters its 90th ....