Limited (CIL), the Maharatna
coal mining, ended the fiscal 2011-12 with a production of 435.84 Million Tonnes (MTs), more than 4.52 MTs compared to
previous fiscal, registering a growth of 1.0%. Now it is fully geared up to put
up a spirited performance in attaining the optimistic target for 2012 which has
been fixed for 470 Mt”. This has been stated by Ms. Zohra
Chatterji, CMD of the coal major while reviewing the performance of the company for 2011-12 here yesterday
said that the Company has turned around the crippling negative growth of 19 and
16.9% in the months of August, September 2011 due to unprecedented rains and
ended with a positive growth of 1% this fiscal. Production picked up in
February 2012 recording 17% growth over the previous year as the entire Coal India
team geared up to meet the challenge. Maximum
production in a day touched a record 2.03 MT, coal offtake reached an all
time high of 231 rakes in a day while satisfaction of the power sector was
maintained at 94% recording 2% growth over the previous year. Coal production
and offtake in March were the highest ever in a single month since inception.
Multi-pronged action which was taken to
enhance production, productivity and overall performance of CIL on short-term
and long-term basis is as under:
Area level monitoring was introduced in the months of Feb & March, 2012 and
instructions issued for mine wise monitoring at area level with fixing of
accountability for non-achievement of target.
the wake of recent wage hike, an appeal was made to all the employees to
shoulder the responsibility of enhancing production to meet the energy
requirements of the country.
were effectively mobilized and supply of explosives streamlined. The adverse
impact, on coal production was negligible during the nation-wide one-day strike
was held with Chairman, Railway Board and intensive monitoring done to ensure
availability of at least 10-12 additional rakes per day in the month of
February & March 2012. An all time
high record of 231 rakes could be achieved on 31st March 2012 and
the highest ever average daily loading of 199 rakes was achieved in the month
of EC & FC was taken up with Secretary, MoEF for
expediting clearances on fast track basis; permission was sought to produce 25%
more than the existing EC capacity in 11 projects/Mines reaching capacity
limit. EC for 3 projects was obtained in Feb and 7 projects cleared in March,
2012 totaling 19 Mt.
issued for preparation of detailed Action Plan for 2012-13 by each subsidiary
Policy of CIL revised to facilitate faster acquisition of land for expansion of
projects/ opening of new projects
Amrapali Project, CCL of
12.0 MTPY with an estimated cost of Rs 858.11 Crores
sanctioned in the 278th Board meeting held on 13.02.2012. The
project is likely to contribute 1.5 MT of coal in 2012-13.
order to facilitate faster evacuation of coal, CHP for Jayant
project of NCL was sanctioned in 279th Board held on 12th March
matter for speedy realization of coal sale dues amounting to Rs.3545 crores has also been taken up with the Secretary/Chief
Secretary of Energy deptt. of
the respective States.
of 2011-12 performance are as under:
of raw coal during 2011-12 was 435.84 million tonnes
as against 431.32 million tonnes produced in 2010-11,
which represents a growth of 4.52 million tones in
absolute terms (1.0 %) over the corresponding period last year. In comparison
to the AAP target of 447 million tones set in the beginning of the year, the
achievement is 96.5%. The contribution
from opencast mines was 91% of total coal production which has improved to
397.45 million tonnes compared to 391.30 million tonnes in 2010-11.
quick look at the month-wise production analysis would reveal the fact that the
company had maintained a cumulative positive growth of 1.4% till July’11.
However, excessive rainfall in almost all the coalfields in August and
September 2011 had an adverse impact on coal production, and resulted
a catastrophic negative growth of 19.0% and 16.9% in the month of August and
September’11 respectively. Due to this heavy rainfall, coal production, OB
removal and offtake suffered heavily almost in all the subsidiaries as it had
caused major damages in mine haul road, coal transportation road and overburden
dumps. Some of the major coal mines were partially drowned in some of the
subsidiaries. The negative growth trend continued in the month of October’11
also (-8.4%). Due to concerted effort and focused strategy if CIL team, the
cumulative negative growth till January’12 (1.6%) was arrested and became
positive in the month of Feb’12 with significant production growth of 17.0%.
The company could thus wipe off the negative growth. The effort was sustained
in the month of March’12 which has led to a production of 54.14 million tonnes against 50.71 million tonnes
produced in March’11 thereby recording a growth of 6.8%.
contribution from two subsidiaries, namely, SECL and MCL is praiseworthy. SECL
and MCL have made an excellent effort in post rainfall recovery and produced an
all time high of 113.84 million tonnes and 103.12
million tonnes respectively this year. SECL and BCCL
have achieved respective AAP target for 2011-12.
Off-take of raw coal continued to maintain its
upward trend and reached an all time high of 432.53 million tonnes
during the year 2011-12, surpassing previous highest figure of 424.50 million tonnes achieved last year representing a growth of 1.9 %.
As compared to AAP target of 452.0 million tones, the achievement is 95.6 %.
BCCL and SECL have the distinction of achieving their AAP targets and have
registered an impressive growth of 2.5% and 5.6% respectively over the
corresponding period last year. While ECL, CCL, and MCL could achieve positive
growth of 3.5%, 2.7% and 0.4% respectively, NCL, WCL and NEC have registered
Lack of adequate wagon supply till Dec’11 held
the Company back on projected growth in off-take and consequent liquidation of
coal stock. The issue was taken up with Railway Board. Sustained efforts and
regular coordination with railways at different levels saw wagon loading
improve by another 345 boxes per day over last year. However in relation to AAP
target, materialization was 96.6%.The average loading of rakes touched an all
time high of 196.6 rakes/day in Feb’12 and 198.9 rakes/day in Mar’12 as against
168.1 rakes/day and 179.6 rakes/day achieved in the corresponding month last year.The average number of rakes per day was 168.7 in
2011-12 against 161.9 in 2010-11.
Major deviation from AAP target has taken
place in CCL,
MCL and WCL. The loading potentials of CCL and MCL/Ib-valley
could not be utilized due to inadequate supply of empty wagons. In some of the coalfields like CCL-Karanpura and MCL-Talcher desired
level of rail dispatch was affected due to less transportation of coal to
sidings arising out of naxalite bandh
and obstruction/agitation by local people on various demands. Dispatch at NCL
was affected due to supply of BOBR rakes moving in close circuit within Singrauli region and non-availability of Box ‘N’ rakes.
removed during 2011-12 was 745.55 million cubic meters as against 732.13
million cubic meters in 2010-11 thereby recording a marginal growth of 1.8%.
CCL exceeded the AAP target in OBR with a growth of 5.0% and maximum growth in
OBR has been witnessed in NCL (15.7%), followed by ECL (7.3%) and WCL (5.8%).
Highlights of 2011-12
Limited was granted the ‘Maha Ratna’
status on 11 April, 2011 by the Government of India thus becoming only the 5th
PSU in the country, of a total of 215 Central Public Sector Enterprises
(CPSEs), to have been conferred with this status.
India joins SENSEX:
Coal India made
it to the 30-stock Sensex, on 8 August 2011, globally
considered to be the barometer of the Indian economy, in short span of nine
months since its listing on 4 November 2010. No other company has made it to
the index in such a short time. And then Coal India’s raise to the top came in
just seven trading sessions since its entry to SENSEX. This is considered to be
a remarkable accomplishment.
Valued Company in the country:
On 17 August
2011, Coal India emerged as the Most Valued Company in the country in terms of
Market Capitalization – the pinnacle of success every business entity dreams of
and aspires for. The company’s value stood at a whopping Rs.2,51,296
Crores. What made the achievement all the more
significant was that a public sector company could attain such lofty heights.
‘Company of the Year Award’
Limited was conferred the coveted “Company of the Year Award” by Indian Chamber
of Commerce and Department of Public Enterprises (DPE) on 19 September 2011 at
2nd Summit on ‘India Public Sector Agenda @2020’ at New Delhi.
Limited received the MoU Excellence Award for
Outstanding rating for the year 2009-10 in New Delhi, on 31 January 2012 in a
formal awards function ‘MoU Excellence Awards/SCOPE
Excellence Awards for outstanding contribution to the Public Sector Management’
organized by Department of Public Enterprises (DPE), Ministry of Heavy
Industries & Public Enterprises.
National Coal Wage Agreement IX in record time:
Limited (CIL) on 31 January 2012, finalized the wage
agreement for its 3.63 Lakh strong non-executive work
force by giving a 25% increase on gross wages as of 30 June 2011. The wage hike
that would be effective retrospectively from 1 July 2011 is for a five-year
period. With the conclusion of the wage
negotiation, Coal India for the second time becomes the first Central Public
Sector Undertaking in the country to successfully finalize the wage pact. The
NCWA IX was concluded in a record time of only 6 months since the formation of
JBCCI in August 2011. Never in the history of CIL was a wage agreement
concluded so swiftly.