Mahanadi Coalfields Ltd 2023 AR2
The report details the financial and operational performance of Mahanadi Coalfields Limited (MCL) for the fiscal year 2022-23. MCL achieved a record coal production of 193.26 million tonnes, representing a 15% growth over the previous year, and recorded its highest-ever profit after tax of Rs 13,475.21 crore. The company demonstrated its commitment to sustainable development by producing 97.6% of its coal through eco-friendly surface miners and spending Rs 207.97 crore on corporate social responsibility initiatives. Additionally, MCL advanced its green energy transition by progressing on a 50 MW ground-mounted solar power plant and implementing extensive environmental protection measures.
Company: Mahanadi Coalfields Ltd
Sector: Mining & quarrying
Country: India
Year: 2023
Type: AR2
Pages: 380
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Mahanadi Coalfields Ltd
Annual Report And Accounts
The report details the financial and operational performance of Mahanadi Coalfields Limited (MCL) for the fiscal year 2022-23. MCL achieved a record coal production of 193.26 million tonnes, representing a 15% growth over the previous year, and recorded its highest-ever profit after tax of Rs 13,475.21 crore. The company demonstrated its commitment to sustainable development by producing 97.6% of its coal through eco-friendly surface miners and spending Rs 207.97 crore on corporate social responsibility initiatives. Additionally, MCL advanced its green energy transition by progressing on a 50 MW ground-mounted solar power plant and implementing extensive environmental protection measures.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
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
Workplace Fatalities
Employees