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COAL INDIA LIMITED A Maharatna Company Partnering an energised India 2014-15 Annual Report & Accounts Contents 005 Members of the Board 006 Management During 2014-2015 007 Bankers, Auditors and Corporate Office 008 Chairman’s Statement 013 Performance of CIL at a glance (Graphical Representation) 018 Operational Statistics 027 Brief Profile of Directors 030 Directors’ Report 075 Comments and review of the Comptroller & Auditor General of India on Standalone Accounts of Coal India Limited 077 Auditors’ Report on the Standalone Financial Statements for the year ended 31st March, 2015 & Management’s Reply 096 Observation of Auditor on Standalone Financial Statements and Management Explanation under Sec 134(3)(f)(i) of Companies Act 2013 099 Secretarial Audit Report 129 Report on Corporate Governance 155 Comments and review of the Comptroller and Auditor General of India on Consolidated Account of Coal India Limited 157 Auditors Report on the Consolidated Financial Statements for the year ended 31st March’ 15 and Management Reply 198 Observations of Auditors on Consolidated Financial Statements and Management Explanation under Section 134(3)(f)(i) of Companies Act 2013. 200 Sustainable Development Report 201 Management Discussion and Analysis Report 217 Standalone Accounts of CIL 269 Consolidated Accounts of CIL & its Subsidiaries ANNUAL REPORT & ACCOUNTS 2014-15 001 Coal India Limited. A Maharatna Company GREEN INITIATIVE IN CORPORATE GOVERNANCE Dear Shareholder, Pursuant to the initiative taken by the Ministry of Corporate Affairs, encouraging the companies to reduce the carbon footprint by enabling them to send the Annual Report etc to the Shareholders through electronic mode, your company has already taken the following steps:- 1. Emails have been sent to all those shareholders who have registered their emails ids with CDSL, NSDL or our Share Transfer Agent intimating them that all future communication including notice of Annual General Meeting and the Annual Report shall only be sent to them at their registered email. They were further requested to intimate if they wish to receive these communication physically. 2. Individual letters have been sent to shareholders who have not registered their emails ids and also to those shareholders from whom emails have bounced back, requesting them to register their email ids to enable the company to send future communication including Annual Report etc through email. After seeking their response, individual emails have been sent to all shareholders who have not exercised the option to receive the Annual Report 2014-15 in physical mode. They have been provided with a link (URL) to the website of COAL INDIA LIMITED for downloading the Annual Report 2014-15. For members who have not registered their email address, physical copy of Annual Report 2014-15 is being sent by the permitted mode. In case you have not yet registered your email id, we urge you to furnish your email id to NSDL/CDSL/M/s Karvy Computershare Pvt Ltd(R&T Agent of Coal India Ltd) at their address indicated in the report elsewhere or email at [email protected]. Please ensure that you have indicated your Folio No/DP & Client ID No as well as your consent to receive future communications from Coal India Ltd including Annual Report etc through email at your registered email address. Please help us to save the environment. sd/- M.Viswanathan Company Secretary 002 ANNUAL REPORT & ACCOUNTS 2014-15 MISSION To produce and market the planned quantity of coal and coal products efficiently and economically in an eco-friendly manner with due regard to safety, conservation and quality. VISION To emerge as one of the global players in the primary energy sector committed to provide energy security to the country by attaining environmentally & socially sustainable growth through best practices from mine to market. ANNUAL REPORT & ACCOUNTS 2014-15 003 Coal India Limited. A Maharatna Company BOARD OF DIRECTORS Shri S. Bhattacharya Dr A. K. Dubey Smt. Sujata Prasad Shri R. Mohan Das Shri N. Kumar Shri B. K. Saxena Shri C. K. Dey PERMANENT INVITEES Shri A. N. Sahay Shri A. K. Debnath Shri Kundan Sinha 004 ANNUAL REPORT & ACCOUNTS 2014-15 MEMBERS OF THE BOARD as on 4th July, 2015. Functional Directors: Shri S. Bhattacharya : Chairman Shri R. Mohan Das : Personnel & Industrial Relations Shri N. Kumar : Technical Shri B.K.Saxena : Marketing Shri C.K Dey : Finance Part-Time Official Directors: Dr A.K.Dubey : Additional Secretary, MoC, New Delhi. Smt. Sujata Prasad : Joint Secretary & Financial Advisor, MoC, New Delhi Permanent Invitees: Shri A.N.Sahay : Chairman-cum-Managing Director, MCL Shri A.K.Debnath : Chairman-cum-Managing Director, CMPDIL Shri Kundan Sinha : Addl. Member (Traffic Transportation), Railway Board. (from 06.04.2015) Company Secretary: Shri M.Viswanathan ANNUAL REPORT & ACCOUNTS 2014-15 005 Coal India Limited. A Maharatna Company MANAGEMENT DURING 2014-15 Shri S.Bhattacharya : Chairman (From 05.01.2015) Dr A.K.Dubey : Chairman [Additional Charge (from 26.06.2014 till 04.01.2015] Shri S. Narsing Rao : Chairman (From 24.04.2012 till 25.06.2014) Functional Directors Shri R. Mohan Das : Director (P&IR) (From 01.06.2007) Shri N.Kumar : Director (Technical) (From 01.02.2012) Shri B.K.Saxena : Director (Marketing) (From 19.06.2012) Shri C.K. Dey : Director (Finance) (From 01.03.2015) Shri A.Chatterjee : Director (Finance) (From 01.11.2012 till 28.02.2015) Part Time Official Directors Dr A. K. Dubey : Additional Secretary, Ministry of Coal (From 03.04.13) Smt. Sujata Prasad : Joint Secretary & Financial Advisor (From 03.05.13) Independent Directors Dr. R.N. Trivedi : (From 31.10.13 till 10.09.2014) Shri Alok Perti : (From 31.10.13 till 08.09.2014) Shri C Balakrishnan : (From 19.12.13 till 09.09.2014) Dr Noor Mohammad : (From 19.12.13 till 10.09.2014) Shri Sri Prakash : (From 06.02.14 till 02.09.2014) Prof Indranil Manna : (From 06.02.14 till 10.09.2014) Permanent Invitees Shri A. K. Debnath : CMD, CMPDI (From 23.04.13) Shri A. N. Sahay : CMD, MCL (From 23.04.13) Shri A. K. Maitra : Addl. Member (Traffic Transportation) Railway Board (From 10.06.2014 till 31.12.14) Company Secretary Shri M.Viswanathan : (From 14.12.2011) 006 ANNUAL REPORT & ACCOUNTS 2014-15 BANKERS, AUDITORS AND CORPORATE OFFICE BANKERS 1. STATE BANK OF INDIA 2. PUNJAB NATIONAL BANK 3. UNITED BANK OF INDIA 4. CANARA BANK 5. ALLAHABAD BANK 6. UNION BANK OF INDIA 7. BANK OF BARODA 8. BANK OF INDIA 9. ORIENTAL BANK OF COMMERCE 10. HDFC BANK 11. ICICI BANK 12. HSBC LTD 13. ROYAL BANK OF SCOTLAND 14. STANDARD CHARTERED BANK 15. BNP PARIBAS 16. CITI BANK 17. DEUTSCHE BANK 18. IDBI BANK 19. UCO BANK 20. CENTRAL BANK OF INDIA 21. BANK OF MAHARASHTRA STATUTORY CORPORATE WEBSITE REGISTRAR & AUDITOR OFFICE SHARE TRANSFER AGENT M/s Chaturvedi and Co Coal Bhawan, www.coalindia.in M/s. Karvy Computershare Pvt. Ltd. Chartered Accountants Premises No-04 MAR, Karvy Selenium Tower B, 60, Bentick Street, Plot No-AF-III, Plot 31-32, Gachibowli Kolkata-700069 Action Area-1A, Financial District, Nanakramguda, New town, Rajarhat, Hyderabad – 500 032 Kolkata-700156 Phone No: 040 6716 2222 Phone-03323245555 Direct No: 040 6716 1571 Fax-03323246510 E-mail id: [email protected] Toll Free No.: 18003454001 ANNUAL REPORT & ACCOUNTS 2014-15 007 Coal India Limited. A Maharatna Company CHAIRMAN’S STATEMENT Friends, I am delighted to welcome you to the 41st Annual General Meeting of Coal India Limited. The Directors’ Report and the Audited Accounts for the year ended 31st March, 2015 together with the report of Statutory Auditors and report and review of Comptroller & Auditor General of India are already with you. 1. Importance of coal and Coal India Limited The world over coal’s contribution towards primary commercial energy is around 30% and coal helps generate 40% of world’s electricity. In the Indian context, the importance of coal scales-up higher than the global average. In India, coal is the most dominant energy fuel meeting around 50% of country's primary commercial energy. Around 72% of the entire power generated in the country is coal based. The pivotal role of coal is expected to continue in the foreseeable future primarily because of abundance of coal reserves, easy availability and affordability. As of 1st April 2015, the estimated geological resource of Indian coal stood at 306.59 Billion Tonnes. And, Coal India Limited is at the vanguard of country’s coal production, producing 82% of the country’s entire coal output. Coal India virtually empowers the power sector in the country with nearly 78% of Coal India’s entire supplies catering to power utilities of the country. 97 out of 100 Thermal Power Stations in the country receive coal from Coal India. 2. Accomplishments 2014-15 During 2014-15 the coal production was 494.24 Million Tonnes. You will be happy to know that stepping into a higher growth trajectory the increase in absolute terms, FY ending 2015, was nearly 32 Million Tonnes, the highest ever incremental increase in a single financial year since the inception of the company. The 32 Million Tonne increase is more than the incremental growth achieved during the previous four financial years combined. Raw coal off-take during FY ending 2015 was 489.38 MTs, an increase of 17.80 MTs on a year-on-year comparison. Despatch of coal and coal products, to power utilities of the country during 2014-15, registered a healthy growth of 8.9%. Coal supplies from Coal India as a whole surged ahead to 385.40 MTs, up by 31.57 MTs, from that of 353.83 MTs achieved in 2013-14.
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  • Town Survey Report, Dhanbad, Part XB, Series-4, Bihar

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    CENSUS OF INDIA 1981 PARTXB SERIES 4 BIHAR TOWN SURVEY REPORT DHANBAD Drafted by Rajendra Prasad Asstt. Director Edited by S.C. Saxena Deputy Director Supervised by V.K. Bhargava Deputy Director Directorate of Census Operations BIHAR FOREWORD Apart from the decennial enumeration of population, the Indian Census is ~teeped in the tradition of undertaking a variety of studies of topical interest. In fact, the publications brought out in connection with the earlier censuses contained veritable mines of informatfon!On racial, cultural, linguistic and a number of other aspects of life of the people of this country. With the advent of freedom, however, the scope and dimension of these special studies had to be re­ structured in a manner that would provide the basic feedbacks on the processes of development taking place in different spheres of life of the people especially under planned development. Thus, in connection with the 1961, Census, a massive programme wa~s launched inter-alia to conduct socio-economic survey of about 500 villages selected from different parts of the country. The main objective of this study was to know the way of life of the people living in Indian villages which accounted for 82 per cent of the total population as per the 1961 Census. There was, however, an imperative need to extand the area of the study to urban centres as well, to -provide a complete coverage of the people living in diverse sodo economic conditions. It was with this objective in view ancillary studies on towns were launched as part of the social studies programme in connection with the 1971 Census.