The Latest Breaking News from MCL

McLaren Is The Latest Car Company To Change Its Logo

The refreshed branding will appear on next-generation models, including an SUV.

Motor1 · Sep 22

Coal India arm Mahanadi Coalfields files IPO papers, plans OFS of up to 66 cr shares

Mahanadi Coalfields has filed its DRHP for an IPO comprising an OFS of up to 66.18 crore shares by promoter Coal India. The proposed listing will give investors direct exposure to one of India’s largest non-coking coal producers, backed by substantial reserves and established mining infrastructure.

The Economic Times · Sep 2

Mahanadi Coalfields gets govt nod for IPO; Coal India to dilute up to 25% stake

The government approved the listing and disinvestment of Mahanadi Coalfields through an IPO, enabling Coal India to dilute up to 25% stake. MCL may raise fresh capital through multiple routes, marking another major PSU divestment initiative aimed at expanding investor participation in state-owned enterprises.

The Economic Times · May 15

CCEA approves ₹5,607 crore equity investments by Coal India arms in two thermal power projects

The Cabinet Committee on Economic Affairs approves equity investments for two thermal power projects in New Delhi.

The Hindu · Jan 18, 2024

Andhra Pradesh: MCL to supply 35 lakh tonnes of coal per annum to the new 800-MW unit of SDSTPS from May 1

The Fuel Supply Agreement that has been entered into to this effect will facilitate maintenance of enough coal stocks required to run the unit at its rated capacity, thereby meeting the rising grid demand this summer

The Hindu · Apr 30, 2023

End coal supply crisis to NALCO in 24 hours, says Orissa High Court

In its plea, Nalco Officers’ Association has said supply from Mahanadi Coalfields has come down by 60%

The Hindu · Apr 25, 2022