Mahanadi Coalfields Ltd 2016 AR2
The report highlights Mahanadi Coalfields Limited's performance for the fiscal year 2015-16, during which it achieved a record coal production of 137.90 million tonnes, registering a growth of 13.61% over the previous year. The company recorded gross sales of Rs. 20,599.85 crore and a profit after tax of Rs. 4,184.74 crore. Key sustainability initiatives included the deployment of eco-friendly surface miners for 91.15% of coal production, reducing carbon footprint, and extensive CSR spending of Rs. 184.64 crore, notably on the Swachh Vidyalaya Abhiyan and the Mahanadi Institute of Medical Sciences and Research. Additionally, the company advanced its diversification into renewable energy with a 2 MW solar power plant and proposed a 1600 MW thermal power project.
Company: Mahanadi Coalfields Ltd
Sector: Mining & quarrying
Country: India
Year: 2016
Type: AR2
Pages: 278
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Mahanadi Coalfields Ltd
Annual Report And Accounts
The report highlights Mahanadi Coalfields Limited's performance for the fiscal year 2015-16, during which it achieved a record coal production of 137.90 million tonnes, registering a growth of 13.61% over the previous year. The company recorded gross sales of Rs. 20,599.85 crore and a profit after tax of Rs. 4,184.74 crore. Key sustainability initiatives included the deployment of eco-friendly surface miners for 91.15% of coal production, reducing carbon footprint, and extensive CSR spending of Rs. 184.64 crore, notably on the Swachh Vidyalaya Abhiyan and the Mahanadi Institute of Medical Sciences and Research. Additionally, the company advanced its diversification into renewable energy with a 2 MW solar power plant and proposed a 1600 MW thermal power project.
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Document Details
Report Year
2016
Reporting Period
Apr 1, 2015 - Mar 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Women on Board
Workplace Fatalities
Employees