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Hans India
29-06-2025
- Business
- Hans India
MCL to start operation in two new coal mines in Talcher
Sambalpur: Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Ltd (CIL), is going to start operation in two of its new mines having total coal reserve of 35 million tonnes (MT) in Talcher coalfield area of Angul district. 'We are going to start operation of Subhadra coal mine having a reserve of 25 MT in Talcher area by the end of financial year 2025-26,' Chairman-cum- Managing Director (CMD) of MCL, Uday A Kaole, said during a media interaction here. Similarly, the Balabhadra coal mine, with a capacity of 10 MT, will be made operational by the end of financial year 2029-30, he said. At present, MCL is operating 18 coal mines in Angul, Sundargarh and Jharsuguda districts of which three are underground mines and the remaining 15 are open-cast mines. Among the coal mines, the public sector company has seven operational mines in Angul district which include Jagannath, Bhubaneswari, Bharatpur, Hingula, Lingaraj, Kaniha and Talcher (UG). Now, the company is going to start exploration from Subhadra and Balabhadra mines, he said. To maintain transparency in its mining activities, MCL has installed CCTVs in 98 per cent of its operational areas while the remaining 2 per cent will be done soon, the CMD said, adding, 'We are also using artificial intelligence (AI) for real-time tracking of coal transportation vehicles which are GPS enabled.' He further said MCL has a reserve of about 35 MT of coal to ensure that there will be no crisis of coal for power generation. The company has produced 225 MT of coal during 2024-25 with a growth of 9 per cent compared to its previous financial year. The total coal dispatch was 210 MT, which also registered a growth of 6 per cent, he said. The CMD said '98 per cent of our total coal production is being done through eco-friendly surface mines, which is highest in the country.' The coal-producing company has targeted to achieve net zero carbon emission by FY 29. It has planned to set up several renewable energy projects including solar, wind and pumped storage power plant projects in different parts of the State with an estimated investment of Rs 17,900 crore, another official of the company said. Further, the company has set a target to produce 239 million tonnes of coal in FY26, which is expected to reach 300 MT by the fiscal 2029-30, he said.
The Print
28-06-2025
- Business
- The Print
MCL to start operation in two new coal mines in Odisha's Talcher area by FY 2029-30
Similarly, the Balabhadra coal mine with a capacity of 10 MT will be made operational by the end of financial year 2029-30, he said. 'We are going to start operation of the Subhadra coal mine having a reserve of 25 MT in Talcher area by the end of financial year 2025-26,' chairman cum managing director (CMD) of MCL, Uday A Kaole, said during a media interaction here. Sambalpur (Odisha), Jun 28 (PTI) Mahanadi Coalfield Ltd (MCL), a subsidiary of Coal India Ltd (CIL) is going to start operation in two of its new mines having total coal reserve of 35 million tonnes (MT) in Talcher coalfield area of Odisha's Angul district, a senior company official said. At present, MCL is operating 18 coal mines in Angul, Sundargarh and Jharsuguda districts in Odisha of which three are underground mines and the remaining 15 are open-cast mines. Among the coal mines, the public sector company has seven operational mines in Angul district which include Jagannath, Bhubaneswari, Bharatpur, Hingula, Lingaraj, Kaniha and Talcher (UG). Now, the company is going to start exploration from Subhadra and Balabhadra mines, he said. To maintain transparency in its mining activities, MCL has installed CCTVs in 98 per cent of its operational areas while the remaining 2 per cent will be done soon, the CMD said, adding, 'We are also using artificial intelligence (AI) for real-time tracking of coal transportation vehicles which are GPS enabled.' He further said MCL has a reserve of about 35 MT of coal to ensure that there will be no crisis of coal for power generation. The company has produced 225 MT of coal during 2024-25 with a growth of 9 per cent compared to its previous financial year. The total coal dispatch was 210 MT, which also registered a growth of 6 per cent, he said. The CMD said that '98 per cent of our total coal production is being done through eco-friendly surface mines, which is highest in the country.' The coal-producing company has targeted to achieve net zero carbon emission by FY 29. It has planned to set up several renewable energy projects including solar, wind and pumped storage power plant projects in different parts of the state with an estimated investment of Rs 17,900 crore, another official of the company said. Further, the company has set a target to produce 239 million tonnes of coal in FY26, which is expected to reach 300 MT by the fiscal 2029-30, he said. PTI BBM BBM RG This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Time of India
28-06-2025
- Business
- Time of India
MCL to start operation in two new coal mines in Odisha's Talcher area by FY 2029-30
Mahanadi Coalfield Ltd (MCL), a subsidiary of Coal India Ltd (CIL) is going to start operation in two of its new mines having total coal reserve of 35 million tonnes (MT) in Talcher coalfield area of Odisha's Angul district, a senior company official said. "We are going to start operation of the Subhadra coal mine having a reserve of 25 MT in Talcher area by the end of financial year 2025-26," chairman cum managing director (CMD) of MCL, Uday A Kaole, said during a media interaction here. Similarly, the Balabhadra coal mine with a capacity of 10 MT will be made operational by the end of financial year 2029-30, he said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Unsold Container Homes in Pampanga - Prices You Won't Believe! Shipping Container Homes | Search Ads Search Now Undo At present, MCL is operating 18 coal mines in Angul, Sundargarh and Jharsuguda districts in Odisha of which three are underground mines and the remaining 15 are open-cast mines. Among the coal mines, the public sector company has seven operational mines in Angul district which include Jagannath, Bhubaneswari, Bharatpur, Hingula, Lingaraj, Kaniha and Talcher (UG). Now, the company is going to start exploration from Subhadra and Balabhadra mines, he said. Live Events To maintain transparency in its mining activities, MCL has installed CCTVs in 98 per cent of its operational areas while the remaining 2 per cent will be done soon, the CMD said, adding, "We are also using artificial intelligence (AI) for real-time tracking of coal transportation vehicles which are GPS enabled." He further said MCL has a reserve of about 35 MT of coal to ensure that there will be no crisis of coal for power generation. The company has produced 225 MT of coal during 2024-25 with a growth of 9 per cent compared to its previous financial year. The total coal dispatch was 210 MT, which also registered a growth of 6 per cent, he said. The CMD said that "98 per cent of our total coal production is being done through eco-friendly surface mines, which is highest in the country." The coal-producing company has targeted to achieve net zero carbon emission by FY 29. It has planned to set up several renewable energy projects including solar, wind and pumped storage power plant projects in different parts of the state with an estimated investment of Rs 17,900 crore, another official of the company said. Further, the company has set a target to produce 239 million tonnes of coal in FY26, which is expected to reach 300 MT by the fiscal 2029-30, he said.
Time of India
28-06-2025
- Business
- Time of India
Coal expansion push: Mahanadi Coalfields Ltd to open two new mines in Odisha by FY30; targets 300MT output
Mahanadi Coalfields Ltd (MCL), a subsidiary of Coal India Ltd, will begin operations in two new coal mines in Odisha's Talcher coalfield area by FY 2029-30, adding 35 million tonnes (MT) to its reserves, a senior company official said on Friday. "We are going to start operation of the Subhadra coal mine having a reserve of 25 MT in Talcher area by the end of financial year 2025-26," MCL Chairman-cum-Managing Director (CMD) Uday A Kaole said during a media interaction in Sambalpur. The Balabhadra coal mine, with a capacity of 10 MT, is expected to be operational by FY 2029-30, he added, quoted PTI. At present, MCL operates 18 coal mines in Odisha's Angul, Sundargarh and Jharsuguda districts. Of these, three are underground mines and 15 are open-cast, the agency reported. The operational mines in Angul include Jagannath, Bhubaneswari, Bharatpur, Hingula, Lingaraj, Kaniha and Talcher (UG). Subhadra and Balabhadra will be added to this list. To improve transparency, MCL has installed CCTVs in 98% of its operational areas. The remaining 2% will be covered soon, the CMD said. 'We are also using artificial intelligence (AI) for real-time tracking of coal transportation vehicles which are GPS enabled,' Kaole added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Step-by-Step Warehouse Cleaning Guide SearchMore Learn More Undo He said MCL has a coal reserve of 35 MT, ensuring steady supplies for power generation. In FY 2024-25, MCL produced 225 MT of coal, registering 9% growth over the previous year. Total coal dispatch stood at 210 MT, reflecting a 6% increase, the report said. '98 per cent of our total coal production is being done through eco-friendly surface mines, which is highest in the country,' Kaole said. The company has set a net zero carbon emission target for FY 2029. To support this transition, it plans to invest Rs 17,900 crore in renewable energy projects including solar, wind and pumped storage power plants across Odisha, another official added. MCL has set a coal production target of 239 MT for FY 2025-26, with an aim to raise output to 300 MT by FY 2029-30. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
New Indian Express
21-06-2025
- Business
- New Indian Express
NIT-R convocation: 2,065 students receive degrees
ROURKELA: At least 2,065 students were awarded degrees at the 22nd convocation ceremony of the National Institute of Technology-Rourkela (NIT-R) held here on Friday. Addressing the graduating students, chief guest and CMD of Mahanadi Coalfields Ltd (MCL) Uday A Kaole said, 'This day marks the beginning of a new, challenging chapter where your knowledge must translate into performance, with accountability, integrity and purpose. Education is the foundation of national progress, and institutes like NIT-Rourkela are critical pillars in this journey. Be adaptable, stay rooted in your values, and always strive to give back.' Virtually addressing the students, chairman of the Board of Governors (BoG), NIT-R SN Subrahmanyan said, 'We are in an era defined by youth, innovation, and boundless potential. As engineers graduating into a rapidly transforming world, you are architects of change.' NIT-R director Prof K Umamaheshwar Rao said by introducing new-age programmes such as BTech in Artificial Intelligence, and a growing international student community, the institute is preparing graduates to thrive in a rapidly evolving global landscape. On the occasion, 1061 BTech degrees, 21 BArch, 39 BTech and MTech dual degree, 68 Integrated MSc, 180 MSc, six MA, 43 MBA, 469 MTech, one Master of Technology (Research) and 177 PhD degrees were awarded. The degree recipients included 93 international students from USA, Afghanistan, Sri Lanka, Bhutan, Bangladesh, Nepal and Non-Resident Indians. Gold medals were awarded to Swayansha Routray for best graduate in BTech and BArch, Barsa Barnali Das for best postgraduate in MTech, Satyajit Sahu for best postgraduate in MBA, Pranay Sahu for best postgraduate in Integrated MSc, Akash Devgan for best postgraduate in MSc and MA, Estari Uday Kiran for best postgraduate in BTech and MTech dual degree, Vaghasiya Rominkumar Ashvinbhai for best postgraduate project in MTech and dual degree besides Shishir Khanal for best undergraduate project in BTech and BArch. Four distinguished alumnus awards were also given to Prof Sukumar Mishra, Ashok Kumar Basa, RS Raghavan, Dr Bhartendu Deo.
