Business PSU

MCL targets to produce 163 million tonnes coal to meet growing demand: CMD

Bhubaneswar; Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited
has targeted to produce 163 million tonnes of coal to meet the growing energy demand of the country, according to its CMD P K Sinha. Mr. Sinha, who was on a three-day visit to Talcher coalfields, said that MCL was performing well and steadily progressing to achieve the targets.

MCL, he said has planned to supply 100 MT coal from Talcher coalfields, as it moves steadily to achieve coal production and set a dispatch target of 182 million tonnes for the current fiscal. Mr Sinha said coal will continue to keep its relevance in the energy sector. Apart from a couple of months, when industries were under COVID19-induced lockdown, the demand for coal has remained encouraging.

In the current financial year, MCL has been able to liquidate around 6 million tonnes of coal from
the stock, which was around 23 million tonnes at the end of the last financial year. On the commencement of medical college at Talcher, the CMD said the company had gone for an open tender to appoint an operator to run Mahanadi Institute of Medical Sciences and Research (MIMSAR), Talcher adding evaluation of offers is underway.

Mr Sinha said MCL was also planning to diversify its business operation. The company, which has successfully set up a 2MW solar power plant at Burla, aims to become a net-zero carbon emission company by setting up solar power plants of a total 182 MW capacity in Odisha.

This apart, the company, he said is also exploring possibilities to diversify into the aluminium sector
During his regular inspection of coal production and dispatch operations, he reviewed the performance and other issues related to employees and the peripheral population.

Mr Sinha also held a meeting with the Talcher MLA and the Angul Collector pertaining to the socio-economic development of the district, particularly in and around the mining areas of Talcher coalfields.
He said MCL is committed to providing clean coal with minimum impact on the environment.
A dedicated Coal Corridor to shift vehicular movement out of inhabited areas, deployment of a
fleet of new-technology “fog cannons” for dust suppression, a massive plantation in and around
mining areas are a few effective measures that have been undertaken by the company.
Mr. Sinha said the MCL is implementing nine First Mile Connectivity projects to provide pollution-free state-of-the-art rake loading systems at a total expenditure of Rs 3,600 Crore. This will also generate
a dispatch capacity of 126 MT/Yr by 2024.

The company which operates coal mines in the Jharsuguda, Sundergarh and Angul districts of Odisha, continued uninterrupted mining operations during the lockdowns to fuel electricity generation.

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