Madhav Copper News and Updates

Keep track of all breaking news on Madhav Copper from all sources in a single place.

11 Jan 2022

45.94

1.48%

MCL offers 2.25 mn tonne coal to power consumers via road-cum-rail mode

Business Standard

CIL arm Mahanadi Coalfields Ltd said it has offered 22.5 lakh tonnes of coal to power consumers via the road-cum-rail mode

Madhav Copper has lost -22.10% in the last 6 Months

Madhav Copper Ltd.

31 Dec 2021

45.94

1.48%

Industry body seeks Odisha CM's intervention in resolving coal shortage

Business Standard

An industry body has sought the intervention of Odisha Chief Minister Naveen Patnaik in resolving the acute coal shortage faced by captive power plants in the state. The Utkal Chamber of Commerce and Industry Ltd (UCCI) said the paucity due to curtailment of coal supplies since August was a threat to the survival of the local industry, leading to loss of lakhs of jobs. Industries that rely on captive power plants (CPP) in Odisha are facing alarmingly depleted coal stocks of only two-three days as compared to the prescribed level of 15 days, UCCI president Brahma Mishra said. Over 65 per cent of the coal in Odisha is being supplied by the Mahanadi Coalfields Ltd (MCL) to power plants in other states, resulting in local industries facing coal deficit, Mishra said in a letter to Patnaik, urging him to take steps to bring normalcy. The acute coal shortage due to the diversion of the supply has brought down the CPP-based industries, and micro, small and medium enterprises (MSMEs) to a .

Madhav Copper Ltd. is trading below all available SMAs

Madhav Copper Ltd.

18 Oct 2021

45.94

1.48%

Coal India arm MCL dispatches over 5.47 lakh tonnes of dry fuel

Business Standard

The statement assumes significance in the wake of the country's power plants grappling with coal shortages.

Madhav Copper Ltd. is trading below all available SMAs

Madhav Copper Ltd.

02 Sep 2021

45.94

1.48%

CIL chairman lays foundation stone of MCL's 285 crore FMC project

Business Line

The project would add 15 mt per annum dispatch capacity to Mahanadi Coalfields

Madhav Copper has lost -37.22% in the last 1 Year

Madhav Copper Ltd.

21 Jun 2020

45.94

1.48%

Mahanadi Coal Fields to invest Rs 60,000 crore in Odisha

Business Today

MCL, a subsidiary of Coal India Ltd, targets to increase its coal production capacity to 300 million tonne with investment in the acquisition of land for three new MDO (mine, develop and operate) projects

Madhav Copper Ltd. is trading below all available SMAs

Madhav Copper Ltd.

20 Mar 2020

45.94

1.48%

CBI books Adani group of companies and others in corruption case

Economic Times

CBI's FIR says that a reliable source information was received that officers of MCL entered into criminal conspiracy during the year 2013 to 2017 with 25 accused coal consumers and unknown others with an intention to defraud MCL in the matter relating to supply of coal by MCL through rail rake under FSAs between MCL and said coal consumers.