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Odisha will soon become energy hub of India: CMD MCL

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Odisha will soon become the new energy hub in the country, with Mahanadi Coalfields Limited (MCL) strategically heading towards 250 million tonne 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 MT OB and dispatched 86.527 MT of dry fuel to the consumers, registering a growth of 10 %, 11% and 11.5 % respectively, Mr Anil Kumar Jha, Chairman-cum-Managing Director, MCL said at a press conference here today.

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Odisha will soon become the energy hub of India with MCL alone fueling over 20 per cent of power plants in India, Mr Jha said, as this Coal India arm in coastal state has started leading in coal production, OB removal and dry fuel dispatch in the country. 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, Mr Jha said.

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 transmission utility Neelachal Power Transmission Co. Pvt. Ltd. MCL, the youngest subsidiary of world leader Coal India Limited 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.

RAILWAY INFRASTRUCTURE The company has entered into joint venture with Odisha Government and the Railways to form a company — MAHANADI COAL RAILWAY LIMITED — boost the rail development project and strengthen transport communication network in the state.  Coal production from Mahanadi Coalfields Limited (MCL) is likely to get a fillip as Indian Railways is expected to complete the 52-kms-long Barpali-Jharsuguda line by June 2016, solving the major evacuation problem in the coal-rich Basundhara fields in Sundergarh district of Odisha.  Completion of single-line at the estimated cost of Rs 1,007 crore, is projected to increase off-take from MCL by 35 million tones.

This would increase the dispatch to 45 million tonne from the Basundhara and Siarmal project areas, which will further feed about nine million tonne to its proposed 800×2 MW super critical thermal power plant within the area. – Source

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