Union Minister for Railways, Coal, Corporate Affairs and Finance, Piyush Goyal, has appreciated the rapid progress the state-owned mining company, The Singareni Collieries Company Ltd, has made in production and sales.

The Minister assured the Singareni management that the Centre would extend its co-operation in opening new mines and taking up projects as it aims to achieve a target of 100 million tonnes per annum over the next few years. During his visit here, the minister conducted a review meeting on Singareni Collieries Company’s performance and long-term business plans.

N. Sridhar, C&MD, SCCL, in a Powerpoint presentation outlined the company’s performance, its expansion and sustainability initiatives. Goyal expressed his happiness over the high growth recorded by the company in coal production, dispatches and over-burden removal over the last four years and also the multi-faceted welfare activities taken up by the company.

The Minister was appreciative of various activities Singareni initiated, including providing super-speciality medical facilities to employees and their parents, extending highest matching grant, taking up CSR activities and eco-friendly mining initiatives.

The Minister lauded SCCL for setting up a 1200 Mega Watt power plant, which is contributing to the power needs of the state and the nation. Singareni’s initiative to establish 500MW solar power plants in the coal belt was a good move, the Minister said.

The Union Minister said he would look into the request made by the C&MD to allocate some coal blacks in Chhattisgarh and Orissa to Singareni and provide clearances for new projects in Telangana.

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