NCL Khadia Area Achives Coal Despatch Target 32 Days Ahead of Fiscal Completion PERFORMANCE

NCL Khadia Area Achives Coal Despatch Target 32 Days Ahead of Fiscal Completion

 

Singrauli: Coal projects of the Northern Coalfields Limited (NCL) have begun to accomplish assigned targets long before the completion of fiscal and the said beginning has been marked by Khadia coal area of the company. On Wednesday, Khadia Opencast Project achieved its coal dispatch target straight 32 days ahead of fiscal completion by dispatching 10.54 million tonnes of coal in the financial year 2018-19 against the assigned target of 10.50 million tonnes. With this, the area has achieved the distinction of being the first project to achieve either of the targets given for production and dispatch for the current financial year.
 
Khadia Area also crossed 10 million tonnes of coal production in current fiscal on Thursday. The area has been assigned the target of 10.25 million tonnes of coal production in the current financial year and going by the present level of performance, the project is likely to achieve the goal shortly. The area has recorded a historical increase of 30% and 43% in coal production and dispatches respectively in comparison to the corresponding period of last year
 
Shri P. K. Sinha, CMD, NCL and Functional Directors of the company congratulated General Manager Khadia Shri M.K.Prasad and his entire team for the extraordinary achievement and hoped that other coal areas of the company will also meet its annual targets well in time and the company will surpass its coal production target of 100 million tonnes and dispatch of 100.50 million tonne.
 
Besides being closer to the achievement of annual coal production target, NCL Khadia Area has also entered the bracket of projects with 10 million tonne coal production and despatch. After Jayant, Nigahi, Amlori and Dudhchua, the Khadia OCP has become the fifth project of NCL producing and dispatching more than 10 million tonnes of coal in a financial year. During the fiscal year 2017-18, the Khadia project had produced 8.80 million tonnes of coal and dispatched 8.20 million tonnes of coal.


Posted Date :  28-02-19

Categories : PERFORMANCE

Similar news

IOT Achieves Near-double Profits

Mumbai: Indian Oiltanking limited (IOT), a joint venture of Indian Oil Corporation, continues its profitable streak for a second consecutive year as it records a near-double Total Comprehensive income of nearly 157 Crore in its approved audited financials for FY 2019. The double-digit percentage
Posted Date :  06-06-19

Read more

NALCO s Net Profit for 2018-19 up by 29 Percent

Bhubaneswar: Continuing its soaring performance, National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, Government of India, has once again proved its mettle by registering high in terms of both physical and financial performances.   According to the audited
Posted Date :  31-05-19

Read more

NBCC Reports 15.14 percent Rise in Profit for FY 2018-19

New Delhi: NBCC (India) Ltd., the State-owned Navratna CPSE under the Ministry of Housing and Urban Affairs, has announced its Audited Finance Results for the quarter and financial year ended March 31, 2019.   For the financial year ended March 31, 2019, the company has reporte
Posted Date :  30-05-19

Read more

POWERGRID s PAT Crossed 10000 Crore in FY - 2018 -19

New Delhi: Power Grid Corporation of India Limited (POWERGRID), a ‘Navratna’ Company under Ministry of Power, Government of India and the ‘Central Transmission Utility (CTU)’ of the country, crossed Rs. 10,000 Crore profit for the first time as it posted a Profit After Tax of Rs. 10,034 C
Posted Date :  30-05-19

Read more

BEL Achieves Rs. 11789.22 Cr turnover in FY 2018-19

Bangalore: Navratna Defence PSU Bharat Electronics Limited (BEL) achieved a turnover of Rs.11789.22 Crore (audited) for the ended F.Y. 2018-19 registering a growth of 16.90% over the turnover of Rs.10084.84 Crore achieved in the previous year.   The profit after tax (PAT) for the year en
Posted Date :  30-05-19

Read more

NMDCs Spectacular Performance in 2018-19

Hyderabad: NMDC Limited has produced and sold 32.36 million tonnes of iron ore during 2018-19 against production of 35.58 million tonnes and sales of 36.08 million tonnes during previous year. The Company’s turnover for the year 2018-19 is Rs.12,153 cr against  Rs.11,615 cr during 2017-18, reg
Posted Date :  29-05-19

Read more

IRCON Declared its Financial Results for the FY 2019-20

New Delhi: Ircon International Limited has announced its financial results for the fourth quarter and year ended March 31, 2019.  The company has recorded revenue from operations of Rs.4,798 crore in FY19, a growth of 19 % over FY18 which was Rs.4,024 crore. Increase in revenue from operat
Posted Date :  29-05-19

Read more

GAIL Records highest ever Annual Profit of Rs. 6026 Crore

Highlight:  Profit after Tax (PAT) up by 30 % and PBT up by 31 % to Rs. 9,085 crore in FY 2018-19, year-on-year basis Gross Margin up by 25 % to Rs. 10,774 crore, EPS up by 30% Board recommends Final Dividend of Rs.1.77/share on paid-up equity (pre bonus issue), Total Dividen
Posted Date :  27-05-19

Read more

HUDCO Posts Robust Financial Results in 2018-19

New Delhi: Dr. M. Ravi Kanth, CMD, Housing and Urban Development Corporation (HUDCO), shared the highlights of HUDCO’s robust performance in 2018-19, wherein the company has registered a 17% rise in Net Profit that has touched an all-time high of Rs. 1180 crore in 2018-19, from Rs. 1010 crore
Posted Date :  27-05-19

Read more

BHEL Registered 50.7% profit growth in Q4FY19

New Delhi: As a result of strategic initiatives taken, Bharat Heavy Electricals Limited (BHEL) has registered quantum growth in its profitability and entered several new business areas in fiscal 2018-19, ending the year with significant traction in growth drivers.   During the year, the
Posted Date :  27-05-19

Read more

REC Declares its Annual Financial Results for FY19

New Delhi: The Board of Directors of REC Limited, Formerly Rural Electrification Corporation Limited, a Navratna NBFC and Infrastructure Finance Company (IFC) focusing on Power Sector Financing and Development across India, approved the audited standalone financial results for Q4 and 12M FY19 tod
Posted Date :  25-05-19

Read more

NTPC Surges Ahead - Group Profit After Tax up by 20.3%

New Delhi: The Country’s largest power generator - NTPC Ltd. which along with its group companies, has an installed capacity of 55126 MW, declared its audited annual financial results for FY19 along with the unaudited financial results for Q4 FY19 on 25 May 2019.   The Gross Generation
Posted Date :  25-05-19

Read more

KIOCL Reports Highest turnover Since Inception

New Delhi: The Board of KIOCL Limited, a CPSU under Ministry of Steel, approved the Financial Results for the 4th quarter and for the financial year 2018-19 on 21th May 2019 at New Delhi. During the year, the Company reported total revenue of Rs. 2012.68 Crores, with profit before tax of Rs. 184.
Posted Date :  21-05-19

Read more

Hyderabad International Airport Among top 10 in the World

Hyderabad/New Delhi: Rajiv Gandhi International Airport of Hyderabad among top 10 Airport in the world. According to the AirHelp's, a website that specializes in air traveller rights and seeks compensation in cases of delays or cancellations, survey Rajiv Gandhi International Airport has rank
Posted Date :  13-05-19

Read more

ITI Limited Records a Turnover of Rs. 2051 Crore for the Year 2018-19

Bengaluru: ITI Limited, a Public Sector Undertaking under DoT announced the turnover of Rs. 2051 Crore (unaudited) for the financial year ended on 31th March, 2019 (corresponding figure for the financial year 2017-18 was Rs. 1703 Crore). The Company has posted 20% growth in revenue during 2018-19
Posted Date :  12-04-19

Read more

SECL Becomes The Frist Company to Produce Over 150 MT Coal

Bilaspur: South Eastern Coalfields (SECL) a Miniratna' Company, and one of eight fully owned subsidiaries of Coal India Limited. has crossed coal production of 150 Million Tonnes on 20th March 2019. With this new record, SECL has become the first company in India to cross the coal production
Posted Date :  29-03-19

Read more