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Singareni role in independent India is great: CMD N. Sridhar at Swatantra Vajrotsav celebrations

100 million tonnes of coal production with ten new projects in the next five years

Business expansion with coal, solar, thermal power

Singareni Company has been playing a vital role in the development of the country, continuing this, we will start 10 new projects in the next five years to meet the electricity needs of the state and the country, thereby achieving the target of 100 million tonnes of coal production, Chairman and MD Mr. N. Sridhar called upon everyone to contribute to this.

He unfurled the national flag and delivered a message as part of the Independence Diamond Jubilee celebrations held at Singareni Bhavan, Hyderabad today.

On this occasion, he paid tribute to the freedom fighters and mentioned the services rendered by the Singareni organization Swatantyra Bharatavani. He said that Singareni Company has not contributed to the progress of the region by providing enough coal to the power companies in South India and has also become a partner in the progress of the country by supplying coal to 2000 industries.

In the same trend, Singareni Company is also stepping into the fields of thermal power and solar power in addition to coal and supporting the development of the country. He said that the Singareni Company has already constructed a 1200 MW thermal power station and has been recognized as the best thermal power station in the country with the best PLF. The state government has recognized this progress and has ordered another 800 megawatt thermal power station to be set up.

He said that the Singareni company has achieved remarkable growth in the last eight years after the formation of Telangana state, while the turnover before the advent of Telangana was 12,000 crores, it reached 26,500 crores in the last financial year, and it has also registered growth in terms of production, coal transportation and profits, which is the highest growth for Maharatna companies.

He said that all this was possible due to the collective efforts of employees, officials, workers and trade union leaders. In next three months, coal production will start from Naini coal block in Odisha state and Singareni is trying for new coal blocks in other states.

In the coming five years, they should work hard to reach the target of 100 million tonnes, so that Singareni can achieve a turnover of 50 thousand crores and a profit of more than 3 thousand crores.

The Chief Ministers of the state, who are contributing to the progress of Singareni, have announced many welfare programs for the workers of the company unlike anywhere else in the country, and these are being implemented successfully.

He said that everyone should work more dedicatedly for the production of 700 lakh tonnes of coal this year, so that they can register a record turnover of more than 33 thousand crores in this financial year.

Mr. Sattu Sanjay, DGM (Marketing) and Mrs. Shalem Kumari, Sports Supervisor, were honored on this occasion. Advisers in the program Mr. D.N. Prasad (Mining), Mr. Surendra Pandey (Forestry), ED (Coal Movement) Mr. J. Alvin, GM (Co-ordination) Mr. K. Suryanarayana, GM (Marketing) Mr. M. Suresh, Coal Mines Officers Association General Secretary Mr. N.V. Rajasekhara Rao, Administrative Manager Mr. N. Bhaskar and others participated.





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