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MCL
MCL is one of India’s leading coal producers and operates as a subsidiary of the Coal India Group. It runs multiple open-pit and underground mines in Odisha and other regions, supplying coal for power plants and industries. In recent years, MCL has focused on expanding capacity, increasing output, and setting up new projects to meet rising energy demand. The firm’s performance is pivotal for India’s thermal power sector and industrial growth. While coal demand remains under pressure from environmental and regulatory shifts, MCL’s scale, government backing, and strategic mine approvals make it a key player to watch in India’s energy landscape.
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