Economy
Talcher is known for its coal reserves. It has numbers of underground and open-cast mines. Dera colliery is the oldest mine here. The coalfields are managed by Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited (CIL). The establishment of Talcher Thermal Power Station (TTPS), Heavy Water Plant and the Collieries (MCL) have enhanced the importance of the place.
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Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)