Sambalpur: Mahanadi Coalfields Limited (MCL) has signed an MoU with National Institute of Technology (NIT) Rourkela for construction of a girls hostel “MCL Hall of Residence” at the cost of Rs 43 crore.
The MoU was signed in the presence of MCL chairman-cum-managing director Uday Anant Kaole and director (human resources) Keshav Rao and NIT, Rourkela, director Prof K Umamaheshwar Rao.
“Under this CSR initiative, MCL will be funding for the hostel which will accommodate girl students, encouraging their pursuit of higher education, particularly in science, technology, engineering and mathematics. Besides, the facility will also provide state-of-the-art amenities, including fire safety systems, LAN connectivity, CCTV, and rainwater harvesting,” an MCL release said.
It further stated that MCL has been supporting educational infrastructure at NIT, Rourkela, with a total CSR contribution of Rs 93.77 crore, including financial assistance for another 500-seater girls’ hostel and the Technology Business Incubator (TBI).