South Eastern Coalfields dispatches 100 million tonnes
COAL & MINING

South Eastern Coalfields dispatches 100 million tonnes

The Coal India subsidiary, South Eastern Coalfields (SECL), announced that they had achieved a coal dispatch of 100 million tonnes for the fiscal year 2023-24. It was noted that this accomplishment marked the fastest 100 MT coal dispatch ever achieved by the Chhattisgarh-based company since its establishment. In the preceding year, SECL had dispatched approximately 85 million tonnes of coal during the same period, indicating a notable growth of 17.65% in the current financial year.

It was revealed that over 80% of the total coal dispatch, which amounted to around 81 million tonnes, was supplied to the power sector, serving various power plants across the nation. This achievement was particularly significant considering the upcoming festival season, during which the demand for power was expected to reach its peak.

The success in reaching the 100 million tonnes milestone was attributed to the substantial contributions from SECL's mega projects, namely Gevra, Dipka, and Kusmunda, located in the Korba district. Gevra, recognised as the largest coal mine in the country, contributed 30.3 MT, while Dipka and Kusmunda added 19.1 MT and 25.1 MT of coal respectively. Collectively, these three mega projects accounted for more than 74% of the total coal dispatch.

Additionally, SECL's Korea Rewa coalfield, housing several old and underground mines, significantly enhanced coal dispatch by 20% compared to the previous year, making a noteworthy contribution to the overall achievement.

SECL, a prominent coal-producing subsidiary of Coal India, had a historical coal production record of 167 MT in the fiscal year 22-23, accounting for approximately one-fourth of CIL?s total coal production. This year, the company aimed to produce 197 MT of coal, setting an ambitious target for its production efforts.

The Coal India subsidiary, South Eastern Coalfields (SECL), announced that they had achieved a coal dispatch of 100 million tonnes for the fiscal year 2023-24. It was noted that this accomplishment marked the fastest 100 MT coal dispatch ever achieved by the Chhattisgarh-based company since its establishment. In the preceding year, SECL had dispatched approximately 85 million tonnes of coal during the same period, indicating a notable growth of 17.65% in the current financial year. It was revealed that over 80% of the total coal dispatch, which amounted to around 81 million tonnes, was supplied to the power sector, serving various power plants across the nation. This achievement was particularly significant considering the upcoming festival season, during which the demand for power was expected to reach its peak. The success in reaching the 100 million tonnes milestone was attributed to the substantial contributions from SECL's mega projects, namely Gevra, Dipka, and Kusmunda, located in the Korba district. Gevra, recognised as the largest coal mine in the country, contributed 30.3 MT, while Dipka and Kusmunda added 19.1 MT and 25.1 MT of coal respectively. Collectively, these three mega projects accounted for more than 74% of the total coal dispatch. Additionally, SECL's Korea Rewa coalfield, housing several old and underground mines, significantly enhanced coal dispatch by 20% compared to the previous year, making a noteworthy contribution to the overall achievement. SECL, a prominent coal-producing subsidiary of Coal India, had a historical coal production record of 167 MT in the fiscal year 22-23, accounting for approximately one-fourth of CIL?s total coal production. This year, the company aimed to produce 197 MT of coal, setting an ambitious target for its production efforts.

Next Story
Building Material

JK Cement emerges successful bidder for Mahan coal mine in Madhya Pradesh

This marks the company’s second commercial coal block win, following its acquisition of the West of Shahdol (South) coal block. "The company is committed to becoming self-reliant for its existing cement plants and upcoming projects," JKC stated. The surplus coal from the mine will be sold commercially. The vesting order was handed over to JK Cement during a ceremony at Shastri Bhawan, New Delhi, a critical milestone for commencing mining operations within the stipulated timeline...

Next Story
Building Material

Prism Johnson's cement division goes live with Ramco ERP Suite

Prism Johnson has successfully gone live with the Ramco ERP Suite for its Cement Division. This milestone marks a significant step in Prism Johnson's digital transformation journey, leveraging Ramco Systems' advanced enterprise solutions and process control systems to streamline business processes, manufacturing operations and drive efficiency. The implementation includes cutting-edge modules for Maintenance, Sales, Distribution, Finance, Procurement, Manufacturing, Quality, and HR Management (HRM). These solutions enable Prism Johnson to achieve seamless integration across its business and wo..

Next Story
Infrastructure Urban

Indian shadow bank Shriram Finance gets record $1.28 billion loan

Shriram Finance Ltd. is reported to have borrowed $1.28 billion in a multi-currency social loan, marking the largest offshore facility ever undertaken by an Indian shadow lender. According to a press release issued by Shriram, the deal is divided across the dollar, euro, and dirham. Sources familiar with the transaction, who wished to remain anonymous, indicated that the tenors in the multi-tranche deal range from three to five years. This loan adds to the surge of offshore debt sales by Indian shadow lenders this year, a trend prompted by the Reserve Bank of India's tightening of rules in Nov..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000