Team News Riveting
Ranchi, April 1
Central Coalfields Limited(CCL), the Jharkhand-based subsidiary of Coal India Limited(CIL), shattered all its previous records to register highest ever performance in coal production and dispatch.
The company’s coal production stood at 68.85 Million Tonnes(MT) while coal dispatch was 71.86 MT during fiscal 2021-2022 respectively. These figures are the best registered by company since its inception.
The company witnessed an unprecedented growth of 10 per cent in raw coal production compared to last fiscal. The average rake loading also registered a 4 per cent growth.
The Capital expenditure of the company was Rs 2000 crore in fiscal 2021-22, which is growth of 15 per cent compared to last fiscal. The company paid Rs 899.10 crore as land compensation in FY 2021-22 and carried out plantation in 133 Hectare against a committed target of 110 Ha in the FY 22
This performance of the company gains added relevance because of the post Covid-19 challenges and the nation’s increasing demand of coal.
CMD, CCL P M Prasad and the functional directors congratulated the entire team of CCL on this stellar performance. CMD, CCL said that this performance is a testimony of perseverance and dedication of the energy warriors of the company. He further added that the company under the leadership of Coal Minister Pralhad Joshi and his team and the guidance of Chairman Coal India Pramod Agrawal is committed to fulfill the “Atma Nirbhar Bharat” Vision of Hon’ble Prime Minister Narendra Modi.
He expressed his gratitude to the state government and local district administrations for their continuous support. He further acknowledged the trade union representatives, public representatives, villagers and the stakeholders of the company.
CCL mining areas is spread out in 8 districts of Jharkhand including Ranchi, In Jharkhand, CCL is one of the biggest contributors to the state exchequer and working in inclusive growth of state.
The company is also a pioneer in CSR and implements various welfare schemes for the benefit of the stakeholders. This year also company signed an MOU with Akshaya Patra Foundation for establishing a community kitchen at Ramgarh which will provide Mid-Day meal to about 50,000 students of the government schools of Jharkhand.
