Northern Coalfields Ltd (NCL) is presently the highest profit earning company of Coal India Limited. NCL produces coal only from opencast mines and 90 per cent of its coal goes to thermal power plants.
“NCL has 10 working Opencast Coal Projects, which produced 67.67 million tonnes of coal during 2009-10. This year, we are targeting a production of 72 million tones,” said Vinay Kumar Singh, chairman & managing director, NCL.
The company has consistently been showing an excellent financial performance over the years.
Over a period of last 10 years, the turnover of the company has risen from Rs.5,455.21 crores in 2007- 08 to Rs.6,700 crores in 2009-10. The profit has reached an all time high at Rs.3,700 crores during 2009-10.
“This year we are expecting a turnover of Rs.9,000 crore and a profit of Rs.4,000 crore, said Singh.
Total Employee strength in NCL is less than 17,000. Its also the first Indian coal company to have obtained ISO-14001 International Certification for its Environment Management System in 2001 that is renewed upto 2010. NCL is also having ISO 9001 certification.
The company is veritably the harbinger of many firsts in coal mining industry: The first GPS (Global Positioning System) based Operator Independent Truck Despatch System (OITDS) was installed in at Jayant Project of NCL. Using Information Technology to its advantage, NCL has adopted Integrated Business Solutions (an ERP package) as its resource management tool. NCL heaquarters as well as its projects are equipped with FO cable based LANs and all projects are linked with headquarters through FO cable. More than 800 PCs are installed in this industry along with approximately 15 high performing servers.
Environment concerns
NCL is doing many projects in the field of environment protection. Singh cited the example of areas under northern coalfields, where he said the company’s afforestation efforts have led to favourable climate change, with rainfall increasing as well as temperature levels going down.
Similar efforts can be taken, if NCL is allowed to mine areas with shrubs, which are presently classified as forests and awaiting the forest clearance from the Union Ministry of Environment and .
Presently, the company is busy upgrading its older equipment and installing many new equipment for its coal handling plants, concluded Singh.
“NCL has 10 working Opencast Coal Projects, which produced 67.67 million tonnes of coal during 2009-10. This year, we are targeting a production of 72 million tones,” said Vinay Kumar Singh, chairman & managing director, NCL.
The company has consistently been showing an excellent financial performance over the years.
Over a period of last 10 years, the turnover of the company has risen from Rs.5,455.21 crores in 2007- 08 to Rs.6,700 crores in 2009-10. The profit has reached an all time high at Rs.3,700 crores during 2009-10.
“This year we are expecting a turnover of Rs.9,000 crore and a profit of Rs.4,000 crore, said Singh.
Total Employee strength in NCL is less than 17,000. Its also the first Indian coal company to have obtained ISO-14001 International Certification for its Environment Management System in 2001 that is renewed upto 2010. NCL is also having ISO 9001 certification.
The company is veritably the harbinger of many firsts in coal mining industry: The first GPS (Global Positioning System) based Operator Independent Truck Despatch System (OITDS) was installed in at Jayant Project of NCL. Using Information Technology to its advantage, NCL has adopted Integrated Business Solutions (an ERP package) as its resource management tool. NCL heaquarters as well as its projects are equipped with FO cable based LANs and all projects are linked with headquarters through FO cable. More than 800 PCs are installed in this industry along with approximately 15 high performing servers.
Environment concerns
NCL is doing many projects in the field of environment protection. Singh cited the example of areas under northern coalfields, where he said the company’s afforestation efforts have led to favourable climate change, with rainfall increasing as well as temperature levels going down.
Similar efforts can be taken, if NCL is allowed to mine areas with shrubs, which are presently classified as forests and awaiting the forest clearance from the Union Ministry of Environment and .
Presently, the company is busy upgrading its older equipment and installing many new equipment for its coal handling plants, concluded Singh.
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