PSU NEWS
NCL celebrates its 36th Foundation Day
Has reached a record level of Initially, the company making less than 100 crore profit has earned a record 6985.45 crore profit in the financial year 2019-20 after a few decades.
CMD of NCL Shri P. K. Sinha while giving an inaugural speech at the 36th Foundation Day (PSU Connect)
Singrauli: On the 36th foundation day of Northern Coalfields Limited (NCL), the CMD of NCL pens down some word and extends the warm greeting to the NCL family and all the stakeholders of the company and all the NCL miners, physicians, paramedical staff, sweepers, and corona control in this difficult time of the global epidemic.
CMD of NCL Shri P. K. Sinha, Shri Bimlendu Kumar Director (personnel), Dr. Anindya Sinha Director (Technical/Operations), Shri R N Dubey Director (Finance), Shri S S Sinha Director (Technical/Project & Planning) inaugurated 'Shaheed Smarak' and paid floral tributes.
CMD NCL also addressed the gathering at NCL HQ premises on the occasion of the 36th NCL Foundation Day function held early morning today. JCC Members from TUs, General Managers, employees were also present on the occasion.
Shri Sinha said, with the establishment of NCL on this day in 1985, the golden journey of its contribution to nation-building started. The journey started in the first year of establishment in 1985-86 with 11.62 million tonnes of coal production and 11.42 million tonnes of coal dispatch with an increase of about 900% in the year 2019-20 with 108.05 million tonnes of coal production and 107.42 million tonnes of dispatch. Has reached a record level of Initially, the company making less than 100 crore profit has earned a record 6985.45 crore profit in the financial year 2019-20 after a few decades.
NCL is contributing about 18 percent to the production while contributing about 5 percent to the total labor force of Coal India. Today, NCL coal produces an estimated 10 percent of the country's electricity. I am confident that the dedication, hard work, and dedication our forefathers have given NCL. Has been transported here. Together we will take him to new circles, he further mentioned.
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