INSUBCONTINENT EXCLUSIVE:
Coal India arm NCL is eyeing 139 million tonnes (MT) of coal production
(Representational)2 min read Last Updated : Aug 03 2024 | 7:09 PM IST
Northern Coalfields Ltd (NCL) CMD B Sairam on Saturday said that
the company despatched 94 per cent of its total coal to the power sector and contributed Rs 15,000 crore to the central as well as state
exchequer in FY24 in the forms of royalty and GST.
Sairam also reaffirmed the company's commitment towards fulfilling the energy security
of the nation.
Speaking at the sidelines of Singrauli Industrial Summit 2024 organised by NCL at its headquarters, the CMD of the Coal
India arm also outlined the company's contribution to the inclusive development of the Singrauli region.
He also underscored the benefits
of adopting an integrated approach based on shared values for the holistic development of Singrauli.
The summit was organised with the
objectives of driving economic growth, sustainable industrial growth, diversification, harnessing the full industrial potential, and
creating employment opportunities with socio-economic upliftment and regional development.
The summit marked brainstorming discussions
about creating opportunities in various sectors like energy, aluminum, cement, chemicals, and infrastructure
Besides, a panel discussion was held on the long-term development of Singrauli region.
In the summit, an e-book named 'Industrial
Landscape of Singrauli Region' was also released.
NCL is eyeing 139 million tonnes (MT) of coal production and dispatch in the current
In 2023-24 NCL had produced 136.15 MT of coal, despatched 137.63 MT of coal, and spent Rs 4,727 crore as capital expenditure.
NCL is a
Singrauli-based flagship subsidiary of Coal India operating out of 10 highly mechanised opencast coal mines located in the Singrauli and
Sonbhadra regions of Madhya Pradesh and Uttar Pradesh, respectively.First Published: Aug 03 2024 | 7:08 PMIST
