Home   »   Business Current Affairs & News   »   Mahanadi Coalfields Limited is now the...

Mahanadi Coalfields Limited is now the biggest coal-producing firm of India

The Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India, has announced that it has become the country’s largest coal producer. In the financial year 2021-22, the company reported it produced 157 million tonnes of coal.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

KEY POINTS:

  • The business also generated 7.62 lakh tonnes of dry fuel on March 12. In a statement, the corporation stated that it was the largest production in a single day during the current fiscal year.
  • OP Singh, Chairman-cum-Managing Director of the firm, complimented all officials, workers, contracted company employees, and other stakeholders for their contributions in making MCL the country’s biggest coal producer.
  • In his congratulatory message to the employees, the CMD stated, “MCL has to play a bigger role in maintaining energy security for the nation.”

MCL has delivered over 166 MT dry fuel to consumers, a 22 percent increase over the previous financial year, and has removed 195 MCuM (million cubic metres) of overburden, a 19 percent increase over the previous financial year, according to a statement.

Find More Business News Here

 

Mahanadi Coalfields Limited is now the biggest coal-producing firm of India_4.1L&T launches SuFin, a MSMEs e-Commerce platform_80.1

Mahanadi Coalfields Limited is now the biggest coal-producing firm of India_6.1