CIL sets huge target for MCL

TALCHER:  To meet the burgeoning demand for coal in the country, Mahanadi Coalfields Limited (MCL), comprising coalfields in Odisha, has been asked to meet the target of a staggering 112

Published: 07th April 2012 07:32 AM  |   Last Updated: 16th May 2012 07:22 PM   |  A+A-

TALCHER:  To meet the burgeoning demand for coal in the country, Mahanadi Coalfields Limited (MCL), comprising coalfields in Odisha, has been asked to meet the target of a staggering 112 million tonne coal in the current fiscal. The target was way below at 103.12 mt in the last fiscal.

In contrast, the number one CIL Company -- South Eastern Coalfields  Limited (SECL) -- which produced 113.84 MT in the last fiscal has been asked to produce 117 mt in the current fiscal. This is just an increase of 3.16 MT for SECL, while on the other hand MCL will have to increase production by nine MT, according to a CIL projection.

 Hard pressed under nation-wide cry and concern for coal, CIL in the current financial year fixed a target of 464 MT from 435.84 MT last year, an increase of 28.16 MT. Out of this, MCL will alone share nine MT, the highest among all the eight coal companies in CIL.

Except SECL and MCL, no other company has been given the target to produce 100 million tonne of coal in the current year.

It is not the first time that most of the CIL burden is borne by MCL alone. In past too CIL depended on MCL for its accelerated growth.

Any  slump had a bearing on the CIL growth. In 2010-11 when MCL production remained stagnant, CIL’s  production was restricted within 431.32 MT.

It is under the stewardship of CMD AN Sahay that MCL despite multiple adversaries produced 103.12 MT of coal, three million tonne more than the previous year.  The CIL  record shows that even in last fiscal, out of the 4.5 MT growth of CIL, MCL’s share was three MT. If this growth rate is maintained, MCL will be the number one coal company in CIL within two years, company sources said.

The CMD of MCL, AN Sahay, termed the target as too big. He said, “The production can be increased to meet the nation’s needs if the company is provided land and the support of Government as well as locals.”

Stay up to date on all the latest Odisha news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp