Political unrest, mine mishap bring Talcher Coalfields to a halt

Talcher Coalfields in Odisha is in the midst of a political quagmire which has brought its production to a halt.

Asia’s largest coal mine, with a daily average production of 300,000 tonnes, is facing protests from local people and political parties over a mine accident. A week of shut down has adversely impacted the revenue of Mahanadi Coalfields Limited (MCL) — the Coal India subsidiary operating the mine.

“As on date, the company has incurred cumulative operational losses of up to 2.1 million tonnes of coal and 2.42 million tonnes of despatch. Its coal value loss stands at Rs 213.60 crore,” MCL