Mahanadi Coalfields Limited (MCL) is one of the major coal producing company of India. It is one of the eight subsidiaries of Coal India Limited. Mahanadi Coalfields Limited was carved out of South Eastern Coalfields Limited in 1992 with its headquarters at Sambalpur in Odisha. It has its coal mines spread across Odisha It has total seven open cast mines and three underground mines under its fold.
MCL has two subsidiaries with private companies as a joint venture. The name of these companies are MJSJ Coal Limited & MNH Shakti Ltd.Total Mining Projects sanctioned till date in MCL are 53 (including 3 exhausted Projects). The Rated Production Capacity of these sanctioned Projects is 230.61Mty, with a sanctioned Capital outlay of Rs.17578.11Crs (Including RCE). Out of total 53 Projects, 37 Projects are completed Projects and 16 Projects are On-going Projects. These 16 On-going projects have a capacity of 156.83 MTY with a capital investment of Rs.14231.26Crs.