Financial Daily from THE HINDU group of publications
Sunday, May 14, 2006


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Home Page - Steel
Corporate - Human Resources
Web Extras - Coal


SAIL eyes CIL's excess manpower for IISCO mines

Ambarish Mukherjee

Panel to prepare detailed plan

New Delhi , May 13

Steel Authority of India Ltd may use excess manpower available with Coal India Ltd (CIL) for increasing the productivity from its coalmines. Three coalmines belonging to IISCO have come under SAIL's fold following the merger of IISCO with SAIL last fiscal.

IISCO had its captive collieries at Chasnalla and Jitpur for supply of metallurgical coke. IISCO's third captive colliery at Ramnagore is around 10 km from its Kulti colliery and supplies non-coking coal to Burnpur. Chasnalla also has a pithead coal washery and is connected to Burnpur by a 54-km long aerial ropeway.

Sources said that internal studies have indicated the possibility of higher productivity in all the three mines and SAIL and CIL were already contemplating on a joint venture for coal blocks abroad. SAIL is also investing in a joint venture with Bharat Coking Coal Ltd (BCCL). The two companies have identified three coking coalmines for development in Jharkhand — two mines at Monidi, and one at Kapuria.

"Because of this association the proposition for using CIL's human resources for augmenting coal output at the IISCO mines came in naturally in view of the limited mining skills available with SAIL," sources said.

Sources also pointed out that though it is not a common practice among PSUs at the workmen level, hiring staff on deputation from one PSU by another is permitted as per Government policy subject to the approvals of the ministries concerned.

Sources also pointed out that the trade unions have already been sounded out about this new possibility but they are yet to respond.

Joint committee

A joint committee with officials from SAIL and CIL may be set up to prepare a detailed plan and after taking the labour organisations into confidence a presentation would be made to the Ministries of Steel and Coal Ministry of Steel and the Ministry of Coal.

Though initial talks have started, sources said it may take at least one year before the plans are fully prepared because it involves a lot of complex issues, mostly related to the labour laws.

More Stories on : Steel | Human Resources | Coal | Steel Authority of India Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Carbon trading market likely to stay depressed for 2 years


SAIL eyes CIL's excess manpower for IISCO mines
Govt plans stockholding limits for sugar
Suzlon, Siemens replace SCI, Tata Chem in Nifty
IT, ITES industry may add 3.2 lakh jobs this fiscal
Banking on stem cells as a corporate perk



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line