MCL targets 250 mt coal production by 2020
Bhubaneswar. Mahanadi Coalfields Ltd (MCL), has set 250 million tonne (MT) of coal production target by 2020 along with diversification into power generation and transmission sectors.
"As on November 24, 2015, MCL has produced 81.051 MT coal, removed 59.364 million cubic meter over burden (OB) and dispatched 86.527 MT of dry fuel to the consumers, registering a growth of 10 per cent, 11 per cent and 11.5 per cent respectively,`` Anil Kumar Jha, chairman-cum-managing director, MCL told media persons at Sambalpur.
We are at a position from where we can easily achieve 250 million tonne coal production target by 2020, given the conducive atmosphere to enhance production and dispatch, he added.
Stating that Odisha will soon become the energy hub of India with MCL alone fueling over 20 per cent of power plants in India, the CMD said, this Coal India arm in the coastal state has started leading in coal production, OB removal and dry fuel dispatch in the country.
The company is setting-up a 2 x 800 MW super critical thermal power plant at its Basundhara area in Sundergarh district besides a joint venture with transmission utility Neelachal Power Transmission Company Pvt Ltd.
MCL, the youngest subsidiary of CIL, which is on its way to be the largest coal producer in the country by the end of this financial year, has also made strategic tie-ups with the state government and railways for evacuation of coal output, said an official statement.
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