December 02, 2008

CIL MCL to focus on social development in Orissa

It is reported that Coal Indian Limited’s Mahanadi Coalfields Limited wants to give the organization a new shape both in business and social sector.

Mr Ramji Upadhyay new CMD of MCL said “Profit and a stable business is the prime aim of any Public Sector Unit. But MCL has also got the alacrity for socio economic development of the people of Orissa and areas adjoining the mines.”

Mr Upadhyay said within a fortnight of joining MCL, he has prioritized three points privilege, safety, production and productivity, dispatch and profitability with a view to compete the current competitive world market. These are necessary because we want to see MCL as the flag bearer in the entire Coal India Ltd. Gradewise MCL is not at par with the other subsidiaries of CIL, still it is the largest profit maker of CIL.”

Mr Upadhyay said “Orissa possesses one fourth of the total coal deposits of the country. Hence, an effort can be made take by both MCL and the state as whole a whole to a new height.”