Coal India stock was quoting at ₹402.80, up 0.99 per cent from Thursday, April 17 close of ₹398.85
Coal India arm SECL on Friday said it has entered into a Rs 7,040-crore pact with TMC Mineral Resources for undertaking large-scale coal production using paste filling technology. Paste filling is a modern underground mining method that eliminates the need to acquire surface land. After coal extraction, the mined-out voids are filled with a specially prepared paste made from fly ash, crushed overburden from opencast mines, cement, water, and binding chemicals. This process prevents land subsidence and ensures the structural stability of the mine. "South Eastern Coalfields Ltd (SECL) is set to become the first coal PSU in India to adopt paste fill technology for coal mining... To implement this innovative underground mining technology, SECL has signed a Rs 7,040 crore agreement with TMC Mineral Resources Pvt Ltd," the public sector unit said in a statement. Under this agreement, large-scale coal production will be undertaken using paste filling technology in the Singhali underground
Coal India arm South Eastern Coalfields Ltd (SECL) on Thursday said that Harish Duhan has taken charge as its Chairman-cum-Managing Director (CMD). With his industry knowledge and strategic vision, Duhan is expected to steer SECL towards greater achievements in coal production, technological advancements, and sustainable development initiatives. Prior to his appointment as CMD of SECL, Duhan served as Director Technical (Operations) at Central Coalfields Ltd (CCL), another arm of Coal India. The Public Enterprises Selection Board (PESB) had recommended his name for the top post at SECL on December 7, last year, the company said in a statement. Duhan brings with him the experience of over 34 years in the mining sector. His expertise includes implementing first mile connectivity projects, driving digitisation initiatives, and overseeing the development of solar projects in Coal India Ltd. An alumnus of Nagpur University, Duhan holds a Bachelor's degree in Mining Engineering. He join
The DBT initiative aims to reform the delivery of benefits and subsidies by directly transferring funds to beneficiaries' bank accounts, minimising leakages
Till FY21, SECL was CIL's largest coal producing company. The output, however, dropped to 142.5 MT in FY22, only to be overtaken by MCL with coal production of 168.2 MT
Five subsidiaries of Coal India, including SECL, CCL and ECL, have not met their production targets for April-December period of this fiscal year. Against the target of 133 million tonne (MT) set for April-December period, South Eastern Coalfields Ltd (SECL) produced 111.54 MT of coal. The output by Central Coalfields Ltd (CCL) was 57.73 MT against the target of 66.48 MT. In the case of Bharat Coking Coal Ltd, the production was 29.07 MT against the target of 31.90 MT. Eastern Coalfields Ltd's (ECL) actual production was 33.82 MT while the target was 35.35 MT. The output of Northern Coalfields was 104.90 MT while the target was 105.12 MT, according to Coal India data. On the other hand, Coal India arms Western Coalfields Ltd (WCL), Mahanadi Coalfields Ltd (MCL) and North Eastern Coalfields (NEC)--a unit of Coal India Ltd --are ahead of their target. WCL produced 45.10 MT of coal against the target of 44.66 MT. MCL's production was 161.02 MT against the target of 158.79 MT. In
Chhattisgarh-based coal producer SECL, an arm of Coal India, on Monday said it has increased the pace of clearing mine overburden to ramp up its output. In the current financial year from April till date, it removed 281 million cubic metres (MCuM) of overburden, registering a growth of 7.6 per cent year on year. Overburden removal (OBR) involves clearing of soil and rock layers from the surface of a mine to access coal reserves. OBR of South Eastern Coalfields Ltd (SECL) has "crossed 281 million cubic metres, achieving 105 per cent of its pro-rata target and recording 19.82 MCuM (7.58 per cent) increase compared to the same period last year", the public sector enterprise said in a statement. The company said it is removing over 1.3 million cubic metres of overburden daily. With this momentum, SECL is confident of surpassing its annual target and achieving an additional 40-45 million cubic metres of OBR, marking the highest-ever in the company's history. "Despite various challenges
The Chhattisgarh-based firm produced 13.3 million tonne (MT) coal in November, which is 9.9 per cent less than 14.8 MT produced during the corresponding period of last year
This will free up a huge amount of space, which can be reused. Along with this, it will also generate additional revenue of about Rs 10 crore
In 2022-23, the company provided employment to 704 landowners, while in the previous financial year, 707 landowners were provided jobs, which is the highest figure in the last 10 years
In FY24, SECL recorded 248 MCuM OBR in FY23 (till March 15, 2023). This year, the company has registered growth of 24.64 per cent (61.32 million cubic metre)
The company joined the 100 mt club on November 18 and achieved the target in the shortest period since it came into being in 1985
The Chhattisgarh-based arm of CIL has so far cleaned more than 90 sites in the headquarters and various operational areas
The spokesperson said the MDO model would help achieve the CIL's 1 billion tonne production target
The South Eastern Coalfields Ltd (SECL), a subsidiary of Coal India, has decided to develop its closed Manikpur Pokhri open-cast coal mine in Chhattisgarh's Korba district as an eco-tourism spot, a company official said on Sunday. This will be the second such project in the state after a similar mine in neighbouring Surajpur district was developed into a tourist spot. The SECL along with Municipal Corporation Korba will spend more than Rs 11 crores to develop Manikpur Pokhari mine into an eco-tourism destination and the company has already released Rs 5.60 crore to Korba Collector for the purpose, SECL spokesperson Sanish Chandra said. Mining in Manikpur Pokhri, one of the first mines in Korba district, started in 1966 with Russian technical consultation. About 24 years later, during the excavation, groundwater source was discovered there and the inflow of water was so much that it could not be drained out even with the help of motor pumps etc. and finally the mine had to be closed,
The SECL is procuring over 400 HEMMs that include 261 dumpers with capacity between 60 tonnes to 240 tonnes
South Eastern Coalfields Ltd (SECL) is aiming to scale up the capacity of its Gevra mine to 70 MTPA to make it the world's largest coal producing site by the end of ongoing fiscal, company's CMD Prem Sagar Mishra said. Located at Korba, about 193 kilometer from Raipur, the capital of Chhattisgarh, SECL's Gevra mine is the world's fourth largest coal mine at present, the official told PTI in an interview at Bilaspur. While two of the largest coal mines are in the US, one is in Indonesia, Mishra said adding "we are in expansion mode of our Gevra mine to 70 million tonne per annum (MTPA) to make it the world's single largest coal producing site." In financial year 2022-23, the mine produced 52.5 MT of coal which was above its target for the year, the Chairman-cum-Managing Director said. When asked about the timeline for achieving the 70 MTPA target, the CMD replied "we aim to achieve it by the end of the current fiscal year. We are waiting for the environmental clearances which we exp
The SECL was holding the top position till FY21. Its output, however, dropped to 142.5 mt in FY22, only to be overtaken by MCL with coal production of 168.2 mt
While Gevra has been given a target of 52 mt, Kusmunda and Dipka plan to produce 45 mt and 38 mt, respectively, in FY23
Amid reports of coal shortage in the country, the Chhattisgarh government on Monday said SECL will ensure the supply of 29,500 metric tonnes of coal per day for thermal power plants in the state