New Delhi: Northern Coalfields Ltd (NCL) a Coal India Ltd subsidiary has once again outshined in its performance. The company has produced more coal than its assigned targets and has also crossed dispatch targets of FY 2019-20.
The company till the last day of the financial year has produced 108.05 MT coal with 6.45% growth surpassing its annual target of 106.25 MT coal production. Similarly, the company has also surpassed its annual coal dispatch targets of 106.25 MT by dispatching 107.42 MT of coal with 5.75% growth y-o-y.
On this spectacular performance of the Company, the CMD NCL Shri P.K. Sinha, Director (Technical / Operations) Shri Gunadhar Pandey, Director (Finance) Shri N. N. Thakur, Director (Technical / Project and Planning) Shri M.K Prasad, and Director (Personnel) Shri Bimlendu Kumar warmly congratulated Team NCL and all the stakeholders of the company and urged them to stand with full zeal for the coming year.
They also appealed to Team NCL to abide by all instructions and precautions with due regard to safety during coal production in the wake of the Corona Virus (COVID 19) epidemic.
On Tuesday NCL also achieved its highest-ever single day production with 4.13 Lakhs Tonnes of Coal and NCL is the only subsidiary of Coal India to have positive growth in Coal Production, Dispatch, and OBR for the FY 2019-20. The company has dispatched more than 80% of its total dispatch to powerhouses.
NCL is Singrauli (The energy capital of India) based Miniratna company of Government of India and Subsidiary of Coal India Limited the company produces coal from its 10 highly mechanized open cast coal mines with more than 1200 Heavy Machines. The company utilizes modern infrastructure like Rapid Loading System for loading and Merry-Go-Round and Belt Pipe conveyor systems for coal transportation for coal dispatch. The company has also deployed surface miners in its mines.
Posted Date : 01-04-20
Categories : PSU NEWS