Mahanadi Coalfields Limited
(A Miniratna Subsidiary Company of Coal India Limited)
GSTIN:21AABCM5188P1Z3
CIN:U10102OR1992GOI003038
Jagriti Vihar, Burla, Sambalpur--768020, Odisha
Profile of Shri Uday A Kaole, CMD MCL
Shri Uday A Kaole is a seasoned professional who assumed the charge of Chairman-Cum-Managing Director of Mahanadi Coalfields Limited (MCL) on 19-12-2023. Prior to joining MCL, he was shouldering the responsibility of Director (Technical) in BCCL. Shri Kaole, graduate in Mining Engineering from Nagpur University in the Year 1987 and commenced his illustrious journey in the Coal Industry from WCL, continually demonstrating his commitment to excellence, complemented by an extensive educational background, including obtaining a 1st Class Mine Manager Certification of Competencies, an MBA, and an LLB.
Over the years, he climbed the professional ladder, showcasing his dedication and leadership skills. In the year 2007 he was promoted to M1 and joined South Eastern Coalfields Limited (SECL); thereafter in the year 2012 he was again promoted to M2. Among innumerable achievements to his credit, the land acquisition of 1163.51 Ha at Wani Area, WCL providing 711 employments and disbursing 206 Crores in compensation stands out. He is credited for introduction of mass-production -technologies in UG and Surface Mines at WCL.
During his tenure as Director (Technical) at Bharat Coking Coal Limited (BCCL), with meticulous and detailed planning award of discontinued mines on revenue-sharing basis started. He expedited the developments of new mega projects (such as: Amalgamated NTST, Reorganized Block-E, Kalyaneshwari-Ramnagor) to facilitate continued growth in production. He also expedited construction of new Washeries, monetization of old washeries and implementation of 45 MW solar power projects.
Shri Kaole is abreast with the advanced technologies being used in the mining industry globally. He represented Coal India Limited in the ‘Mission of Indian companies from mining sector to the Czech Republic’ in October, 2023. In 2022, he also participated in the South African conference “Mining Indaba” on Evolution of African Mining: Investing in the Energy Transition, ESG and Economies.
Shri Kaole's illustrious career spanning over 36+ years is characterized by a rich blend of academic accomplishments, and a proven track record of driving growth and operational excellence in the coal mining sector. As the CMD of MCL, he continues to lead with a vision for sustainable development, steering the company towards new heights of success.
Profile of Shri Ajit Kumar Behura, Director(Finance)
Professional Summary: Shri Ajit Kumar Behura assumed the role of Director (Finance) at Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited (CIL), on 1st August 2022.
A qualified Cost and Management Accountant from the Institute of Cost Accountants of India, Shri Behura holds a Bachelor of Commerce degree from Kendrapara College and a Master of Commerce degree from SCS College, Puri.
Professional Experience: Shri Behura commenced his professional journey at NHPC Limited (1993-1996). With over 28 years of extensive experience in the coal industry, he has held various roles at both area and corporate levels within MCL and CIL. This extensive background has equipped him with comprehensive insights into industry operations, spanning from grassroots management to top-level strategic decision-making. He is widely recognized for his analytical acumen and composed demeanour.
Areas of Expertise: Shri Behura possesses extensive expertise across several financial domains, including:
Financial modelling
Business intelligence
Costing and budgeting
Treasury management
Corporate accounts
Project finance
MDO contracts (notably the finalization of two major contracts: Subhadra OCP and Siarmal OCP)
Financial process innovation and automation
A key contributor to technological advancements in financial systems, Shri Behura played a pivotal role in the successful implementation of the SAP-ERP system at MCL, effective from 1st April 2021. He served as the Subject Matter Expert (SME) and Specific Point of Contact (SPOC) for the SAP-FICO module.
Vision and Strategic Focus: Shri Behura's strategic priorities for MCL include:
Financial discipline
Working capital management
Ease of Doing Business
Strategic capital investment
Strengthening compliance management
With his extensive experience and strategic foresight, Shri Ajit Kumar Behura continues to play a crucial role in driving MCL's financial stability and growth.
Profile of Shri Jugal Kumar Borah, D(T/OP) MCL
Shri Jugal Kumar Borah has taken over the charge of Director(Technical), Mahanadi Coalfields Limited (MCL), a Subsidiary of Coal India Limited, on 19th April 2022 and he was entrusted with the charge of Director (Project & Planning), MCL on 21st April 2022.
Shri Borah, before taking over the charge on elevation as the Director(Technical/Project & Planning), MCL, was posted in Coal India Limited HQ, Kolkata as General Manager(Production). Shri J.K. Borah has taken additional charge of of Director(Tech/OP) from 12.12.2022 to 01.06.2023. On 08.06.2023 Shri Borah has taken full charge of Director(Tech/OP).
Shri Borah is having 35 years of rich experience in the Underground as well as Opencast Projects and has served at different important positions in North East Coalfields (NEC) and Bharat Coking Coal Limited (BCCL), Dhanbad.
Shri Borah is resident of Nagaon District in Assam and has done his schooling from Sainik School, Golpara and Bachelor of Engineering (Mining) from NIT Nagpur in the year 1987. He holds First Class Mine Manager’s Certificate of Competency from DGMS, Dhanbad in the year 1991. He had also obtained Competency Certificate in Coal Mine Safety from JICA, Japan in the year 1996 and did Diploma in Project Management from George Washington University, USA in the year 2013.
Profile of Shri Sanjay Kumar Jha, DT(OP/P&P) MCL
Shri Sanjay Kumar Jha assumed the charge of Director Technical(Project & Planning), Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited, on March 7, 2025.
Prior to his appointment as Director(Tech), Shri Jha served as the Area General Manager, Lakhanpur Area of Mahanadi Coalfields Limited (MCL).
With over 35 years of extensive experience in the mining industry, Shri Jha has held significant positions in both Central Coalfields Limited (CCL) and Mahanadi Coalfields Limited (MCL).
A native of Durgouli village in Madhubani district, Bihar, Shri Jha holds a Bachelor of Engineering (Mining) degree from IIT (ISM), Dhanbad, in 1990. He obtained the First Class Mine Manager’s Certificate of Competency from DGMS, Dhanbad, in 1994.
He has also visited numerous coal mines, different HEMM manufacturers’ sites such as Caterpillar, Komatsu etc., and visited the SIMTARS laboratory in Queensland, Australia.
Shri Jha’s exemplary leadership has earned him several accolades, including the “Best Area General Manager” Award from Coal India Limited for the year 2022-23, the “Best Area General Manager” Award from the Ministry of Coal for 2021-22, and the “Best Area General Manager” Award for 2019-20.
Known for his results-oriented approach and strong determination, Shri Jha has consistently demonstrated his ability to translate strategic plans into achievable goals that align with the company's objectives.
A skilled communicator and influential leader, Shri Jha is committed to societal improvement and works tirelessly for the betterment of both industry and nation.
Profile of Shri Keshav Rao, D(H.R) MCL
Shri Keshav Rao is an alumnus of I.I.T. Bombay and IIM, Ahmadabad. He also holds a PG diploma in HR. He joined at Mahanadi Coalfields Ltd (MCL), a Subsidiary of Coal India Ltd. in December 2019 and took charge as Director (Personnel). He is handling various functions such as Industrial Relations, Human Resource Management & Development, Corporate Social Responsibility, Public Relations, Welfare, Land acquisition, Liaison with Government and other authorities, Security, Legal affairs, Formulation of Policies and Corporate level decision making as a member of the MCL Board. He is also Chairman of two subsidiary companies of MCL i.e., Mahanadi Coal Railway Ltd. (MCRL) and Mahanadi Basin Power Ltd. (MBPL), which are SPVs for diversification initiatives of MCL.
During his tenure in MCL, the company has grown steadily from 140MT of Coal production to 225MT last financial year. His efforts in the company have contributed to averting Power Crisis two years ago.
He has received appreciation from the Ministry of Coal for various accomplishments including CSR. He was also conferred the CSR Leader of the Year award by “Governance Now” for the CSR initiatives in MCL. His team also won the National CSR award in “Agriculture and Rural Development” category. During the pandemic time, he has shown a proactive leadership and ensured all needful assistance to State Govt., Central Govt. to combat the Covid-19 crisis.
He has attended various training programmes/conferences in US, UK, France, Austria and Portugal. He delivered training sessions in South Africa and also delivers lectures on various topics in several organizations.
Profile of Shri Mukesh Choudhary, Director(Marketing) CIL
Pursuant to letter No. 21/20/2001-BA/ESTT dated 27.01.2023 of Under Secretary to Govt. of India, Shri Mukesh Choudhary, Director (Marketing), CIL has been appointed as Director on MCL Board w.e.f. 27.01.2023.
Mr. Mukesh Choudhary took over as Director (Marketing), Coal India Limited (CIL), the state-owned Maharatna coal mining behemoth on and from 23rd December 2022(A/N)
Prior to taking up the reins of the CIL marketing division’s top slot, he was Deputy Director General, Department of Defence Production, and Ministry of Defence.
Mr. Choudhary assumed the charge from Dr. B. Veera Reddy, Director (Technical) CIL who was additionally officiating as Director (Marketing) since May of this year. An Officer of Indian Ordnance Factory Services (IOFS) 1996 batch, Mr. Choudhary is a Mechanical Engineering (Honours) graduate from Engineering College Kota
He also holds a Master of Financial Analysis (MFA) degree and a MBA degree. Importantly for CIL, Mr. Choudhary is well versed in the finer nuances of country’s coal demand supply chain and of CIL’s marketing system on the back of his six and half year exposure as Director (Coal Production and Despatch) in the Ministry of Coal where his functions included monitoring coal supplies, transport logistics and marketing policies. He also served on the boards of three government-owned coal companies – MCL, SECL, NLTPL, NCL, SCCL and CMDPI.
At a time when CIL’s coal supplies have peaked to record high levels, especially to the major coal-consuming power sector, and coal demand is expected to shoot up, spurred by the increased electricity generation in the country, Mr. Choudhary’s experience will help in tackling the challenging issues.
Profile of Shri Sanjeev Kumar Kassi, Jt. Secy. MoC
Pursuant to letter No. 21/3/2011-ASO/BA/ESTT dated 22.02.2023 of Under Secretary to Govt. of India, Shri Sanjeev Kumar Kassi has been appointed as Director on MCL Board w.e.f. 22.02.2023.
He is a 1992 batch Mechanical Engineering Graduate from NIT Allahahad (previously known as Moti Lal Nehru Regional Engineering College). He is presently Joint Secretary at Ministry of Coal
He started his career in 1992 with Bharat Electronics Limited and has also worked with Bharat Heavy Electricals Limited in the field of production, planning, and locomotive design. He joined Central Electricity Authority (CEA) in 1996 through Combined Engineering Services (1994 batch) as a Central Power Engineering Service (CPES) Group A Officer and has worked at various levels in CEA. During his tenure in CEA, he has worked in NTPC for 3 years in the field of O&M of power plant
He was involved in framing policy matters related to power generation in the country and sorting out technical problems of the power utilities at national level. He has formulated policies for adoption of new power generation technologies (such as supercritical coal fired units, advanced class CCGT modules, higher size coal fired units, etc ) for improving the Indian power sector w.r.t the current operating efficiencies, cost effectiveness and Green House Gas emissions
He has been associated with review of Technical Standards for Construction of Electric Power Stations, Design Standard for Balance of Plant Equipment, Safety Standards and revival of stranded gas and coal based power stations. His experience includes framing policy for Power Generation, Fuel Supply, Energy Conservation and sorting out technical problems of the power utilities at national level
He has attended various power sector programs in Germany, Japan, USA, China & Russia and has carried out many technical investigations in Indian Power Stations.
Profile of Dr. Asha Lakra, Ind. Director
Dr. Asha Lakra has joined as Non-official/Independent Director on MCL Board w.e.f. 01.09.2021
Dr. Asha Lakra is a Post Graduate in Geography from Ranchi University
She has been actively involved in various social works and very much active in the field of Education, Women Empowerment, Health and welfare etc.
Profile of Dr. R K Verma, Ind. Director
Dr. Rajesh Kumar Verma has joined as Non-official/Independent Director on MCL Board w.e.f. 31.05.2023.
Dr. Rajesh Kumar Verma is a Post Graduate in Philosophy, L.L.B and P.hD from B.R.A.B University, Muzaffarpur
He is an Assistant Professor in Baba Bhutnath College Awsani Bagha Pachim Champaran, Muzaffarpur, Bihar since 2004
Apart from his profession as an Asstt. Professor, he has been actively involved in various social works and very much active in the field of Education, Health and welfare etc.
Profile of Shri D C Tiwari, Ind. Director
Shri Dayashankar Chandrasekhar Tiwari has joined as Non-official/Independent Director on MCL Board w.e.f. 31.05.2023.
Shri Dayashankar Chandrasekhar Tiwari is a Post Graduate in MA (History)
He is the Founding Chairperson of Nityanand Girls College and Junior College, Namakganj, Nagpur, Lotus Cultural and Sporting association and acting as the Chairperson for Navin Gyanvikas Primary School, Itwari Nagpur.
Board of Directors
Shri Uday A Kaole Chairman-cum-Managing Director
Shri Keshav Rao Director(HR)
Shri Sanjay Kumar Jha Director(T/OP)
Shri Ajit Kumar Behura Director(Finance)
Shri Sanjay Kumar Jha Director(T/P&P)
Part Time Directors
Shri Sanjeev Kumar Kassi Jt. Secy. MoC
Shri Mukesh Choudhary Director(Marketing) Coal India Limited