Thursday, Apr 25 2024 | Time 21:46 Hrs(IST)
image
Business EconomyPosted at: Apr 6 2020 6:49PM


Coal India’s subsidiary MCL to fund Covid-19 hospital in Bhubaneswar: Pralhad Joshi

New Delhi, Apr 6 (UNI) Mahanadi Coalfields Limited (MCL) will finance all expenses of the COVID-19 country’s second largest COVID-19 hospital in Bhubaneswar including cost of treatment of patients for which MCL has already released Rs 7.31 crore as immediate advance. said Union Minister of Coal and Mines Pralhad Joshi on Monday.
The hospital is a great medical asset for the people of Odisha, said Mr Joshi during inauguration programme of hospital co-ordinated through Video Conferencing.
MCL, Coal India’s subsidiary company, is funding the total operations of the hospital having 500 beds and 25 Intensive Care Unit beds with ventilators.
Odisha Chief Minister Naveen Patnaik inaugurated the hospital. Union Minister of Petroleum & Natural Gas Dharmendra Pradhan and Mr Joshi also attended the programme.

Mr Joshi said that the central government has already issued guidelines to allow state governments to utilise up to 30 per cent of the balance fund available with District Mineral Fund (DMF) to combat the pandemic. He added that this will also help the mineral rich state like Odisha in fighting with the disease.
''I had personally directed the PSUs of Coal and Mines Ministries to extend best possible support to the respective state governments to help fight COVID-19, which has engulfed most of the countries of the world. I am happy that these PSUs have risen to the occasion,'' the Minister added.

Coal India’s subsidiaries have set up over 1500 quarantine and isolation beds in eight states. Similarly, employees of Bhubaneswar headquartered NALCO have pledged to contribute their one day salary amounting to Rs. 2.5 Crores to Odisha Chief Minister’s Relief Fund.
NALCO has also given its consent to fund a dedicated COVID-19 hospital to be set up by the Odisha Government in Koraput district.
UNI RSA SB 1848
Please log in to get detailed story.
Tags: #Coal India’s subsidiary MCL to fund Covid-19 hospital in Bhubaneswar: Pralhad Joshi
More News

Tech Mahindra net at Rs 661 crore in Q4; Company gives dividend of Rs 28 per share

25 Apr 2024 | 7:28 PM

New Delhi, April 25 (UNI) Mahindra Group company Tech Mahindra, a technology consulting and digital solutions provider, on Thursday reported about 41 per cent decline in net profit at Rs 661 crore year-on-year basis for the fourth quarter ended March 31, 2024.

see more..

Kottayam-Kochi Rubber Market Rates

25 Apr 2024 | 7:26 PM

Kottayam, April 25 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal.

see more..
Indusind Bank net up 15 pc in Q4

Indusind Bank net up 15 pc in Q4

25 Apr 2024 | 7:10 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported a 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023–24, compared to Rs 2,043 crore in the same quarter in 2022–23.

see more..

25 Apr 2024 | 6:53 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023-24 compared to Rs 2,043 crore in the same quarter in 2022-23.

see more..

Regulations to become more stringent, demanding in coming years : CUB MD

25 Apr 2024 | 6:40 PM

Chennai, Apr 25 (UNI) “Regulations are going to be here, and they are going to
get more stringent as there is a learning depending upon the changes in the
environment and the role of the CFO's,” City Union Bank (CUB) MD and CEO
Dr N Kamakodi observed on Thursday.

see more..
image