Business Daily from THE HINDU group of publications
Wednesday, Nov 29, 2006
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - Performance
Industry & Economy - Coal
Coal India chief praises SECL performance

Our Bureau

Kolkata , Nov. 28

After assuming the charge of Chairman of Coal India Ltd (CIL) in October 2006, Mr Partha S. Bhattacharyya, on his first visit to any subsidiary of CIL, recently visited South Eastern Coalfields Ltd (SECL). He praised the overall performance of SECL in the field of production, productivity and profitability, and lauded the efforts of SECL family and its Chairman & Managing Director, Mr Birendra Kumar Sinha, for maintaining its flagship status in the country.

While addressing the review meeting with functional directors, area CGMs and head of departments, Mr Bhattacharyya is stated to have suggested the SECL management to increase underground production to meet the higher demand in the future. In fact, SECL would have various challenges ahead, he cautioned.

He indicated that coal demand would increase substantially in conformity with the increased requirement of energy due to higher economic growth. He stressed for enhancing UG production, maintaining the best safety standards.

Mr Bhattacharyya indicated that by 2011-2012 the annual demand would increase to 731 million tonnes (mt). Of the total demand, CIL's annual contribution should be at least 500 mt. This suggests that in the next five years the combined production of CIL would have to proportionately increase at least by 137 mt from the present annual production of about 363 mt.

More Stories on : Performance | Coal

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



Stories in this Section
SAIL to invest Rs 10,000 cr in IISCO upgrade


`Strict compliance of Factories Act norms can prevent mishaps'
IVRCL bags Rs 388-cr orders
Tata Steel wins safety award
`M&As will fuel faster growth of Indian steel industry'
Stormy public hearing over Jindal project
Due diligence on for JSW Steel's Bengal plant
MSD Pharma to set up base in Kolkata
Ess Dee Aluminium to enter capital market
DLF, UK co joint venture pact
Suryajyothi Spinning joins hands with Italian company
Elementary education: Far from standard
Intl Tractors to come out with IPO
Exide Ind gains on insurance foray
Choice Hotels India set to add more properties
Deutsche Messe may set up subsidiary in India
Aker Kvaerner Powergas sees 30 pc growth
Alcan may soon enter pharma packaging industry
Honda launches new CR-V; small car to take time
Autokast likely to make light-weight rly wagons
Cairn yet to find solution for evacuation of Rajasthan crude
Crossword eyes 15-pc share of organised book market
Bal Pharma enters Japanese market
Coal India chief praises SECL performance
Homage to Nagarjuna founder
All smiles


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | 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