Mahanadi Coalfields’ Production increased by 14% during 2021-22.

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Mahanadi Coalfields’ Production increased by 14% during 2021-22.
02 Apr 2022
6 min read

News Synopsis

On Friday, a subsidiary of Coal India Ltd, Mahanadi Coalfield Ltd. reported that its production during the financial year 2021-22 increased by 14% compared to the previous financial year. It reported 168 million tonnes (MT) of coal production during the financial year 2021-22. It also said that it has achieved new milestones in all the performance parameters vis-a-vis coal production, dispatch, and overburden removal (OBR). MCL Chairman and Managing Director, O P Singh while addressing a press conference said: "The last fiscal has been a great year, full of achievements for the company, and I am happy to inform that MCL's achievement in coal production had been 103 percent of the target at a record 168.17 million tonne for the financial year ended yesterday." Additionally, he also informed that MCL has dispatched 21% more coal to the consumers than the previous year. MCL, for the current financial year 2022-23 has set a target to produce 176 million tonnes of coal. Mr. Singh further said: "We have also made advance preparations, keeping in view the erratic rainy season and other operational challenges, to meet the rising demand by producing more coal."

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