K M Dayashankar
Telangana formation day celebrated at Singareni bhavan
HYDERABAD: Singareni Collieries Company Limited chairman and managing director N Sridhar has called upon the employees to rededicate themselves to progress with a mission of achieving 100 million tonnes of coal production per annum and generation of 3,00 MWs of power generation in the coming five years period.
The SCCL chairman was participating in the Telangana formation day celebrations at Singareni bhavan in Hyderabad on Thursday (June 2, 2022). Speaking after hoisting the national flag, Mr Sridhar said that the Telangana state had progressed on all fronts during the last eight years after its formation. Similarly, the SCCL had also competed on par with the Navaratna companies in the coal production, transportation and sales and also power generation, he stated.
In the year 2014, the company was producing only 50 million tonnes of coal per annum, now during the last financial year it had crossed 65 million tonnes of coal, he said and added that the turnover which was Rs 11,000 crore in 2014 had crossed Rs 26,000 crore and steadily increased its profits. He informed the employees to continue the steady progress of the company with an increase in production and reaping riches with good profits.
Stating that the coal reserves in the Telangana state were being come down, he said that they had been exploring the coal excavation in neighbouring states and accordingly they had taken upon Naini coal blocks in Odisha state. As part of the diversification of the business activities, the Singareni had entered into the production of thermal and solar power, he said and added that they were presently generating 1200 MWs of power, he said and added that the plans afoot to generate additional 800 MWs of power at Jaipur thermal power station at a cost of Rs 6,000 crore and generate additional 1,000 MWs of solar power making it a total of 3,000 MWs of power generation in the coming five years.
The Singareni chairman also said that they had provided employment to 18,287 persons including 13,869 through the dependent employment scheme, 3,763 through direct recruitment and 665 ST backlog vacancies. On this occasion, the chairman had felicitated the best employees Tadaboina Srinivas (DGM marketing) and Purushothama Charyulu (senior account), B Anand (junior inspector) and P Sunil (PA to chairman).
Advisor (mining) DN Prasad, advisor (forestry) Surendra Pandey, ED (coal movement) J Allwyn, GM (coordination) K Suryanarayana, GM (marketing) M Suresh, CMOAI general secretary SV Rajashekhar Rao, administrative manager N Bhaskar and others were also present.