Business

MCL, a subsidiary of Coal India Ltd, on Friday stated it has actually published a record production of 148.01 million tonne and attained the highest-ever dispatch of 146 million tonne in the 2020-21 fiscal.

These accomplishments by the Odisha-based miner will help Coal India, a Maharatna PSU, strengthen its foundation to satisfy the one billion production target by 2024, an official said.

Mahanadi Coalfields Ltd likewise signed up a record of 174.5 MCuM of overburden removal in the last fiscal, its chairman-cum-managing Director P K Sinha informed reporters.Overburden elimination is a process of getting rid of topsoil and rock to expose coal joints in open cast mines.

He stated Mahanadi Coalfields Ltd spent Rs 2,300 crore as capital investment, which was the greatest among all Coal India subsidiaries in FY21.

MCL is dedicated to supply tidy coal with minimum effect on the environment.

The business is carrying out nine jobs to offer a pollution-free rake packing system with an overall expense of Rs 3,600 crore, Sinha said.

He stated MCL had signed an agreement with the Odisha government and SUM Hospital for establishing medical facilities in Bhubaneswar and Talcher for the treatment of COVID-19 patients.The business also established a devoted COVID Health Centre in Jharsuguda, he said.

The miner had actually invested Rs 193 crore for its corporate social obligation program in the last financial, he added.





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