Singareni: Progress in coal production and transport: 352 lakh tonnes of coal production and 362 lakh tonnes of coal transport: CMD
Singareni coal shipments have grown by 68% in the last 7 months
Singareni ensures that there is no shortage of contracted thermal power stations
60% growth in coal production, 28% growth in OB removal
Transport of two lakh five thousand tonnes of coal per day from now on to meet the needs of the country: Chairman & MD Shri. N. Sridhar Review
Mr. N. Sridhar, Company Chairman & MD said that Singareni Collieries Company Limited achieved a record 68% growth in coal transport and 60% growth in coal production in the last seven months ending October in this financial year when compared with last year ensuring that there is no shortage of coal supply to States which have fuel supply agreements with Singareni and coal was supplied to thermal power stations in other States.
Last financial year in the same period only 218 lakh tonnes of coal was transported and this year in the first 7 months 367 lakh tonnes of coal was transported with a growth of 68%. Thus ensuring that there is enough stock at thermal power stations in the State.
Last year in the first seven months 220 lakh tonnes of coal was produced whereas this year in the first seven months 352 lakh tonnes of coal was produced with a growth of 60%. Last year in the same period 156 million cubic meters of OB was removed whereas in the same period this year in the first seven months 201 million cubic meters of OB was removed with a growth of 28%.
He said that in the balance five months of this financial year two lakhs five thousand tonnes of coal per day has to be transported to ensure that all the companies with agreements are supplied coal without any shortage.
Target has been set to achieve 330 lakh tonnes of coal production and transport in the remaining five months and to this effect maximum coal production is being proposed and planned in each area. He gave out these details after holding a video conference from Hyderabad Singareni Bhavan with the Company Directors and General Managers of all areas.
At the review meeting he said was speaking to the General Managers and said that as per the power needs of the State and Country the set targets must be achieved and to achieve record production, transport, sales and profits this year.
He asked to ensure that every day 40 racks are transported. Chairman & MD wished a happy diwali to the Singarenians and their families at the review meeting the area GMs. He asked the Singarenians to celebrate Diwali with happiness and safety with family members.
Director Operations Sri. S.Chandrashekar, Director (Personal, Finance, P&P) Sri. N.Balaram, Director (E&M) Sri. D.Satyanarayana Rao, Advisor (Mining) Sri. D.N.Prasad, ED (Coal movement) Sri. J.Allwyn, GM (Co-ordination) Sri. K.Suryanarayana, GM (CPP) sri K.Nagabhushan Raddy and respective area General Managers, Corporate GM’s participated in the meeting.