MCL provides energy consumers with 2.25 million tonnes of coal through a road-rail regime

MCL provides energy consumers with 2.25 million tonnes of coal through a road-rail regime

State-claimed CIL arm Mahanadi Coalfields Ltd on Tuesday said it has offered 22.5 lakh tonnes of coal to power customers through the road-cum-rail mode as the supply of fossil fuel transcends 12.5 million tonnes at the mines with a gradual expansion in yield in the last quarter of FY22. MCL is searching for chances to boost despatch as the organization’s coal stock is scheduled to increment further with an increment production from its mines in Odisha, Mahanadi Coalfields Ltd (MCL) said in an assertion.

Till date, more than 8.5 lakh tonnes of coal, equivalent to about 225 rakes, has already been lifted by the state and central power gencos to build up stocks at their power plants.

The offer of 22.5 lakh tonne coal through the road-cum-rail (RCR) mode to consumers was made after this new initiative. A coal allocation of 18 lakh tonnes to state/ central power generation companies in November and December last year successfully helped MCL liquidate stocks.

They are lifting coal from various mines of MCL and transporting the same to their plants through nearby goods-shed sidings, like Nirgundi, Rajathgarh, Hindol Road, and Laikera Siding.

The leading subsidiary of Coal India, which alone contributes more than one-fourth to the total coal production, has produced 123 million tonnes as on date, with a growth of 15 per cent over the last financial year.

MCL had 12.2 million tonnes of coal stock at its mines as on January 1. The same is increasing with the gradual increase in coal production.

Similarly, record overburden removal of 156 million cubic meters to date, at the growth of about 20 per cent over FY21, has ensured the availability of sufficient coal to further accelerate coal production to achieve the highest-ever coal production in FY22.

The company is aggressively implementing first-mile connectivity projects with a capital outlay of Rs 3,600 crore by 2024 for the rapid movement of coal to the consumers.

MCL has a coal production target of 163 million tonnes for the ongoing financial year.

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