DOCSLIB.ORG

World Bank Document

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
World Bank Document Repo". No. J'^111q Inrcia Public Disclosure Authorized September 14, 1982 Industry Department South Asia Programs Department FOR OFFICIAL USE ONLY Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Document of the Wbrld Bank This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization. CURRENCY EQUIVALENTS Currency Unit = Rupees (Rs) June 1966 to mid-December 1971 : US$1.00 = Rs 7.5 Re 1.00 = US$0.13333 Mid-December 1971 to end-June 1972: US$1.00 = Rs 7.27927 Re 1.00 = US$0.137376 After end-June 1972 : Floating Rate Spot Rate end-December 1980 : US$1.00 = Rs 7.930 Rs 1.00 = US$0.126 Spot Rate end-December 1981 : US$1.00 = Rs 9.099 Rs 1.00 = US$0.110 Spot Rate end-February 1982 : US$1.00 = Rs 9.268 Re 1.00 = US$0.1079 WEIGHTS AND MEASURES All units are metric value, i.e., 1 ton = 2,205 lbs PRINCIPAL ABBREVIATIONS AND ACRONYMS BCCL = Bharat Coking Coal Ltd. BEML = Bharat Earth Movers Ltd. CCL = Central Coalfields Ltd. CFRI = Central Fuel Research Institute CIL = Coal India Ltd. CMPDI = Central Mine Planning and Design Institute CMRS = Central Mine Research Station ECL = Eastern Coalfields Ltd. GSI = Geological Survey of India IISCO = India Iron and Steel Company IR = Indian Railways MEC = Mineral Exploration Corporation NEC = North Eastern Coal Fields NTPC = National Thermal Power Company SCL = Singareni Collieries Company Ltd. TISCO = Tata Iron and Steel Company WCL = Western Coalfields Ltd. INDIAN FISCAL YEAR April 1 - March 31 FOR OFFICIAL USE ONLY INDIA COAL SECTOR SURVEY Table of Contents Page No. I. SUMMARY .................................................. 1 II. RESERVES AND EXPLORATION ................................. 5 A. Coal Reserve Estimates ............................... 5 B. Organization of Exploration Activities .... ........... 5 C. Operational Issues ................................... 7 III. COAL PRODUCTION .................... ..................... 10 A. Production Performance ............. .. ................ 10 B. Underground Mining .................................. 12 C. Open Pit Mining .................. .. ................. 14 D. Coal Beneficiation .......................---------. 17 E. Employment and Productivity .......... .. ............. 19 F. Operating Costs .................. 21 IV. TRANSPORTATION ............................................ 24 A. Recent Trends in Rail and Road Traffic and Loadings . 24 B. Causes of Decline in Rail Shipments ................. 27 C. Institutional Linkages Between Coal and the Railway Industry ................................... 30 D. Outlook for Rail Transport of Coal .... ............... 31 V. COAL PRICES AND FINANCIAL PERFORMANCE .................. 33 A. Coal Price Structure .............. .. ................. 33 B. The Relative Price of Coal ........................... 36 C. Financial Performance .............. .. ................. 38 D. Financial Position ............... .. .................. 41 E. Pricing Issues and Financial Outlook .................. 44 VI. COAL CONSUMPTION AND DEMAND/SUPPLY PROSPECTS .... ......... 51 A. Consumption ......................................... 51 B. Coal Imports and Exports ............................. 52 C. Demand Projections ..... .................................. 52 D. Coal Supply Prospects and Investment Requirements ... 55 E. Production Projections ............................... 63 F. Supply/Demand Balance and Prospects . ................ 64 VII. SUMMARY OF RECOMMENDATIONS ................................ 65 This document has a-restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization. ANNEXES Page No. 3-1 Indigenous Manufacture of Mining Equipment .... ............... 71 3-2 CIL Washeries - Capacity Utilization and Yield .... ........... 72 5-1 Income Statements ............................................ 73 5-2 Summary Balance Sheets ....................................... 78 5-3 Income Statement -- Coal India (Overall) ..................... 84 5-4 CIL and Subsidiaries - Summarized Balance Sheet .... .......... 85 6-1 CIL--Annual Capital Expenditures ............................. 86 6-2 Estimated Project Cost and Statistics--Singrauli Open Pits ... 87 6-3 Estimated Project Cost--Selected CIL Mines .... ............... 89 6-4 CIL Holding Company, Funds Remitted to Subsidiaries .... ...... 91 This Report was prepared following an IBRD mission to India to review the coal sector from October 20-November 15, 1980. The mission consisted of Mr. Z. Ecevit, Mrs. S. Sengupta, Mr. J.E. Strongman, (IBRD Economists) and Messrs. P. Dyson, K. Fordwor, A. Sharkey and C. Wardell (Consultants). COAL SECTOR SURVEY Preamble This report presents the findings of a coal sector mission that visited India for four weeks in October/November 1980. An earlier draft was revised in early 1982 following a mission in October 1981 to incorporate the more recent statistical data then available. Developments since that time, including the coal price increase announced in June 1982, have not been incorporated in this paper. The Report presents a general review of the sector and highlights a number of issues identified by the mission as important to the future development of the coal industry. While the Report covers a broad range of issues, it does not attempt to provide a fully comprehensive coverage of this large, complex sector. Rather it focuses on a number of selected issues regarding coal exploration, production, investment, trans- portation, consumption and pricing in India to provide recommendations to guide future actions in the sector. For many of the issues, the analyses and recommendations presented here should be viewed as a starting point for further analysis and refinement rather than as a final, definitive statement. INDIA COAL SECTOR SURVEY I. SUMMARY 1.01 India is the world's seventh largest coal producer, with a coal production of 114.0 million tons in 1980/81--nearly three times as large as any other developing country. Coal is essential to India's economic progress providing nearly 34% of India's estimated commercial energy consumption 1/ in 1980/81. India's coal reserves are large--over 80 billion tons of reserves and resources compared with about 6.5 billion tons of prognostic, recoverable hydrocarbon reserves. 2/ Coal is expected to play a critical role in providing a large share of commercial energy supplies for the next several decades. 1.02 This report addresses selected issues regarding the coal sector 3/ as part of the Annual Economic Report and as a contribution to overall Bank energy sector work in India. In particular, the report examines coal produc- tion and supply prospects and certain key issues relating to the coal supply/ demand balance, transportation, pricing, investment and finances as summarized in the following paragraphs. 1.03 The coal industry in India was nationalized in the early 1970s and the holding company, Coal India Ltd. (CIL) was established in 1975 along with its wholly-owned operating subsidiaries, Bharat Coking Coal Ltd. (BCCL), Central Coalfields Ltd. (CCL), Eastern Coalfields Ltd. (ECL), North Eastern Coalfields (NEC) 4/ and Western Coalfields Ltd. (WCL) and with the wholly-owned technical service group, Central Mine Planning and Design Institute (CMPDI). The Coal India Group accounted for 88% of India's coal production in 1980/81. The remainder was supplied by Singareni Collieries Company Ltd. (SCL)-9% and Tata Iron and Steel Company (TISCO)/Indian Iron and Steel Company (IISCO)-3%. 1.04 Following nationalization, coal production increased rapidly from 78.1 million tons in 1973/74 to 99.7 million tons in 1975/76 at which point production was plentiful relative to demand. Subsequently, however, production stagnated and fell behind demand, reaching only 103.9 million tons in 1979/80. Production increased sharply in 1980/81 to 114.0 million tons, but even so was still an estimated 10.0 million tons below estimated demand. From 1979/80 to 1980/81 pithead stocks of coal increased from 14 million tons to 16 million tons largely because of inadequate rail capacity for coal haulage which increased the severity of coal shortages. 1.05 Mining and operating conditions are very difficult for two of the col companies, namely BCCL and ECL. Both these companies operate mostly deep, 1/ In terms of coal equivalent. 2/ 1 ton of oil is equivalent to 2 tons of coal. 3/ This report does not address the lignite sector with a production and consumption of 3 million tons in 1980/81. 4/ This subsidiary has small mining operations, the complete statistics of which were not made available to the mission. Consequently, in some tables containing data for CIL subsidiaries, NEC is not mentioned. - 2 - underground mines with difficult geological conditions, including thick seams, sandstone roofs, spontaneous combustion and gassiness. These difficulties have been accentuated in recent years by power and explosive shortages, absenteeism, general labor unrest and mine floodings. From 1975/76 to 1979/80, BCCL's production did not increase above about 20 million tpy and ECL suffered a decline from 26 million tpy to 20 million tpy. In 1980/81, both companies achieved small production increases--to 21.4 million tons for BCCL and 22.7 million tons for ECL. 1.06 In contrast, WCL and CCL face much easier operating conditions. WCL
Load more

Recommended publications
  • Overview of Coal Mining Industry in India
    GOVT. OF INDIA OVERVIEW OF COAL MINING INDUSTRY IN INDIA FUTURE PROSPECTS AND POSSIBILITIES PARTHA S. BHATTACHARYYA CHAIRMAN, COAL INDIA LIMITED 05-07Th. JUNE 2007 CONTENT SN TOPIC SLIDE No. 1 Background 1-6 2 Nationalisation of Coal Industry 7-11 3 Turn around of CIL 12-15 4 X Plan performance 16-19 5 Demand and production projections 20-25 6 THRUST AREAS 26 A New Strategy 27-38 B Beneficiation of Non-coking coal 39-41 C Clean coal technologies 42-45 D Coal Videsh 46 % SHARE OF COMMERCIAL PRIMARY ENERGY RESOURCES - INDIA NUCLEAR 2% HYDRO 2% NATURAL GAS 9% COAL 51% OIL 36% 1 A.CIL :COAL PRODUCING SUBSIDIARIES 1 8 EASTERN COALFIELDS LTD. (1) 5 4 3 BHARAT COKING COAL LTD. (2) CENTRAL COALFIELDS LTD. (3) NORTHERN COALFIELDS LTD. (4) WESTERN COALFIELDS LTD. (5) SOUTH EASTERN COALFIELDS LTD.(6) MAHANADI COALFIELDS LTD. (7) NORTH EASTERN COALFIELDS. (8) ( A UNIT UNDER CIL(HQ) ) 2 PLANNING & DESIGN INSTITUTE COAL 7 LIGNITE CENTRAL MINE PLANNING & DESIGN INSTITUTE (CMPDIL) 6 B.SINGARENI COLLIERIES CO. LTD. (9) 9 10 C.NEYVELI LIGNITE CORPORATION (10) 2 INDIAN COAL RESOURCES – 2007 (Bill T) 33.2 222 Coking Non-Coking TOTAL RESOURCE – 255.2 3 COAL RESERVES IN INDIA (As on 1.1.2007) (Billion T) TYPE OF COAL PROVED INDICATED INFERRED TOTAL Prime Coking 4.6 0.7 0.0 5.3 Medium Coking 11.8 11.6 1.9 25.3 Semi Coking 0.5 1.0 0.2 1.7 Non coking 80.6 105.6 35.8 222.0 TOTAL 97.9 119.0 38.3 255.2 Lignite 4.3 12.7 20.1 37.1 4 Proved resource is around 10% of world’s proved reserves CHARACTERISTICS OF INDIAN COAL DEPOSITS 1.
    [Show full text]
  • Internal Audit
    Annexure-1 Oraganisations who recognised CMAs for Internal Audit/Concurrent Audit S.No. Name of Organisations Central PSU 1 Airports Authority of India 2 Andaman and Nicobar Islands Integrated Development Corporation Limited 3 Andrew Yule & Company Limited 4 Artificial Limbs Manufacturing Corporation of India Limited 5 Biecco Lawrie Limited 6 Bharat Coking Coal Limited 7 Bharat Heavy Electricals Limited 8 Bharat Wagon Engineering Co. Ltd 9 BharatBroadband Network Limited 10 Bharat Sanchar Nigam Limited 11 Brahmaputra Valley Fertilizer Corporation Limited 12 Braithwaite & Co. Limited 13 Bharat Dynamic Limited 14 Burn Standard Co. Ltd 15 Central Cottage Industries of India Ltd. 16 Central Coalfields Limited 17 Central Electronics Limited 18 Central Mine Planning & Design Institute Limited 19 CENTRAL COTTAGE INDUSTRIES CORPORATION OF INDIA LIMITED 20 Coal India Limited 21 Container Corporation of India 22 Dedicated Freight Corridor Corporation of India Limited 23 Durgapur Chemicals Limited 24 Eastern Coalfields Limited 25 Fertilisers and Chemicals Travancore Limited (FACT Ltd.) 26 Ferro Scrap Nigam Ltd 27 Garden Reach Shipbuliders & Engineers Limited 28 GOA SHIPYARD LIMITED 29 Heavy Engineering Corporation Limited 30 Hindustan Aeronautics Limited 31 HIL (INDIA) LIMITED formerly known as Hindustan Insecticides Limited 32 Hindustan Newsprint Limited 33 Handicrafts & Handlooms Exports Corporations of India Ltd. 34 HLL Lifecare Ltd 34 HMT Ltd. 35 HMT MACHINE TOOLS LIMITED 36 IFCI Infrastructure Development Limited India-Infrastructure-Finance-Company-Limited
    [Show full text]
  • Presentation Satellite Suveillanc
    ENVIRONMENT DIVISION COAL INDIA LTD HEADQUARTERS LAND RECLAMATION • Opencast mining method necessitates excavation of land. • This initially leads to degradation of land. • Coal India, tries to bring back the lost greenery by continuous afforestation and other reclamation activities. • The mine reclamation is being monitored by advanced techniques i.e. Satellite Surveillance SATELLITESATELLITE SURVEILLANCESURVEILLANCE OFOF OPENCASTOPENCAST MINESMINES OBJECTIVES SATELLITE SURVEILLANCE To have practical idea about Areas of backfilled zone Plantation status / Social Forestry Position of OB Dumps – Internal / External Active Mining Area Water bodies Land Use Classes viz. waste land, agricultural land & forest land. Status of Settlement / Resettlement To assess the remedial measures required for land reclamation / restoration. To utilize the reclaimed land for larger socio-economic benefits in a planned way. Procedures: Satellite Data: Procurement of RESOURCESAT (LISS-IV) data from NRSA, Hyderabad (Government of India Undertaking). Collateral Data: Procurement of Ancillary Data related to concerned OCP from coal company. Satellite Data Processing: Data processed using ERDAS image processing software. Information stored on GIS Platform for temporal analysis. Ground Truthing: Selective ground verification of land use classes to be validated in each project. Report Finalisation: Report finalised and uploaded in websites of CIL, CMPDIL & concerned subsidiary. Basic Data Data Source Secondary Data Topographical Maps Pre-processing,
    [Show full text]
  • Government of India Ministry of Coal Lok Sabha Starred Question No.210 to Be Answered on 26.12.2018
    GOVERNMENT OF INDIA MINISTRY OF COAL LOK SABHA STARRED QUESTION NO.210 TO BE ANSWERED ON 26.12.2018 Allocation of Coal *210. SHRI JAI PRAKASH NARAYAN YADAV: Will the Minister of COAL be pleased to state: (a) whether the Government has made allocation of coal quota to each State to meet the requirement of coal at local level across the country; (b) if so, the quantum of coal in tonnes allocated across the country during each of the last three years, State-wise along with the coal reserves from where coal allocation was made, location-wise; and (c) whether coal is allocated in a discriminatory manner across the country, due to which consumers have to pay higher prices for coal at local level and if so, the details thereof, State-wise? ANSWER MINISTER OF RAILWAYS AND COAL (SHRI PIYUSH GOYAL) (a) to (c ): A statement is laid on the table of the House. Statement referred to in reply to parts (a) to (c) of Lok Sabha Starred Question No.210 for answer on 26.12.2018 asked by SHRI JAI PRAKASH NARAYAN YADAV: (a) The New Coal Distribution Policy, 2007 (NCDP, 2007), provided for distribution of coal to those units/consumers in small and medium sector across the country whose requirement was less than 4,200 tonnes per annum and were otherwise not having any access to purchase coal or concluded Fuel Supply Agreement (FSA) for coal supply with coal companies. The earmarked coal quantity would be distributed through State Nominated Agencies (SNAs) notified by the State Governments. This provision of the NCDP, 2007 has been amended on 27.09.2016 by which the annual cap of 4,200 tonnes per annum for sale through SNAs has been increased to 10,000 tonnes per annum and the phrase of small and medium sector as mentioned in NCDP, 2007 has been amended as small, medium and others.
    [Show full text]
  • Ngo Documents 2013-08-14 00:00:00 Coal India Investor Brief High Risk
    High risk, low return COAL INDIA LTD’s shareholder value is threatened by poor corporate governance, faulty reserve estimations, regulatory risk and macro-economic issues. Introduction Coal India Limited is the world’s largest coal miner, with a production of 435 million metric tons (MT) in 2011 -201 2. There is significant pressure on CIL to deliver annual production growth rates in excess of 7%. The company has a 201 7 production target of 61 5 MT.[1 ] Coal India’s track record raises questions over its ability to deliver this rate of growth. In addition, serious governance issues are likely to impact CIL’s financial performance. These pose a financial and reputational risk to CIL, its shareholders and lenders, while macro- economic issues in the Indian energy economy pose a long term threat to Coal India. • CIL’s attempts to access new mining areas are facing widespread opposition from local communities and environmental groups. With its reliance on open-pit mining, access to new mines are essential for CIL to achieve production targets. G • CIL has grown reliant on shallow, open pit mining for 90% of its production, and has lost in-house expertise on deep mining techniques. N I • CIL has a record of poor corporate governance, manifested in rampant corruption, poor worker safety and repeated legal violations. This has, in the last year alone, led to penalties and F closure notices for over 50 mines, threatening both its financial performance and reputation. E I • CIL’s financial performance has been affected by directives from majority shareholder Government of India to keep coal prices artifically low.[2] According to one estimate, this cost R CIL $1 .75 billion in the 201 2-1 3 financial year alone.[3] The government has also taken away coal blocks allocated to CIL and given them to private players.[4] B • Changing economics of coal power in India; renewable energies are becoming cost- competitive even as coal faces increased regulatory scrutiny and public opposition.
    [Show full text]
  • Atomic Energy Civil Aviation
    Atomic Energy S.N Agency State Project Name Pro Code DOA Cost Org 1 BHAVINI LIMITED Tamil Nadu PROTOTYPE FAST BREEDER REACTOR 020100044 09/2003 3492.00 (BHAVINI, 500 MWE) 2 NUCLEAR POWER Tamil Nadu KUDANKULAM APP (NPCIL) 020100040 12/2001 ******** CORPORATION OF INDIA LIMITED 3 NUCLEAR POWER Karnataka KAIGA 3 and 4 UNITS (NPCIL) 020100041 05/2001 4213.00 CORPORATION OF INDIA LIMITED 4 NUCLEAR POWER Rajasthan RAJASTHAN ATOMIC POWER PROJECT 020100042 04/2002 3072.00 CORPORATION OF 5 and 6 (NPCIL) INDIA LIMITED 5 URANIUM Andhra URANIUM ORE MINE & PROCESSING N02000007 09/2007 1106.29 CORPORATION OF Pradesh PLANT AT TUMMALAPALLE INDIA LIMITED Civil Aviation S.N Agency State Project Name Pro Code DOA Cost Org 6 AIRPORT AUTHORITY Tamil Nadu D/O KAMARAJ DOMESTIC TER-PH-II N04000038 08/2008 1273.00 OF INDIA LIMITED & EXP. ANNA INT. TER BLDG 7 AIRPORT AUTHORITY Madhya C/O EXPANDABLE MODULAR N04000035 03/2008 135.04 OF INDIA LIMITED pradesh INTEGRATED TER. BULD. RAJA BHOJ AIRPORT 8 AIRPORT AUTHORITY Gujarat CONSTRUCTION OF NEW N04000017 02/2007 290.92 OF INDIA LIMITED INTERNATIONAL TERMINAL BLDG. AT SVPI AIRPORT, AHMEDABAD 9 AIRPORT AUTHORITY Madhya C/O EXPANDABLE MODULAR TER. N04000036 02/2008 135.60 OF INDIA LIMITED pradesh BULD. AT DABH INDORE 10 AIRPORT AUTHORITY Tamil Nadu D/O OF TERMINAL BLDG. AND N04000040 01/2008 535.00 OF INDIA LIMITED PAVEMENT WORKS AT CHENNAI AIRPORT 11 AIRPORT AUTHORITY West Bengal C/O INTEGRATED PASSENGER TER. N04000037 08/2008 1942.51 OF INDIA LIMITED BULD. NSCBI AIRPORT 12 AIRPORT AUTHORITY Tamil Nadu C/O INTEGERATED CARGO N04000039 08/2008 144.94 OF INDIA LIMITED COMPLEX(PH-III) AT CHENNAI AIRPORT 13 AIRPORT AUTHORITY Kerala CONSTRUCTION OF NEW N04000016 10/2006 245.58 OF INDIA LIMITED INTERNATIONAL TERMINAL BUILDING 14 AIRPORT AUTHORITY Chhatisgarh C/O NEW EXPANDABLE MODULAR N04000034 03/2008 129.65 OF INDIA LIMITED INTEGRATED BLDG.
    [Show full text]
  • IMPORT SUBSTITUTION to BOOST DOMESTIC COAL CONSUMPTION Monthly Coal News Commentary: May - June 2020
    19 June 2020, Volume XVII, Issue 2 Energy News Monitor IMPORT SUBSTITUTION TO BOOST DOMESTIC COAL CONSUMPTION Monthly Coal News Commentary: May - June 2020 India accounting for more than four fifths of India’s domestic production. Domestic Production & Demand CIL’s Odisha-based subsidiary MCL reported a 42.6 IL which accounts for over 80 percent of the percent growth in top soil removal from coal seams domestic fuel output, has been mandated by the C during the current fiscal up to 25 May 2020 against the government to replace at least 100 mt of imports with corresponding period last year. Highest among all coal domestically-produced coal in the ongoing fiscal. The producing companies, the subsidiary cleared 27.51 mcm Centre had earlier asked power generating companies, of top soil and extraneous matter till 25 May, compared including NTPC Ltd, Tata Power and Reliance Power, to to 19.29 mcm during the previous corresponding period reduce import of the dry fuel for blending purposes and — a volume increase of 8.22 mcm. Despite lukewarm replace it with domestic coal. The government has also demand for the dry fuel from the consuming sectors, given directions to target thermal coal import substitution, amid Covid-19 slowdown, MCL managed to produce particularly when huge coal stock inventory is available in 20.54 mt of coal up to 25 May this year, the highest the country this year. State governments have been asked among all coal companies of CIL. not to import coal and take domestic supply from CIL, which has the fuel in abundance.
    [Show full text]
  • SOUTH EASTERN COALFIELDS LIMITED (A Mini Ratna PSU)
    SOUTH EASTERN COALFIELDS LIMITED (A Mini Ratna PSU) 34th ANNUAL REPORT 2019-20 Empowering India Enabling Life CONTENTS CORPORATE OVERVIEW Vision & Mission 2 SECL at a Glance 3 Corporate Information 4 Board of Directors 5 The Year at a Glance 6 Performance Trend 7 Chairman’s Letter 10 Awards and Accolades 14 Operational Statistics 15 Directors’ Profile 21 Our Management Team 32 Our Presence 36 STATUATORY REPORTS Board’s Report 37 Report on Performance of Subsidiaries 99 Annual Report on CSR 105 Secretarial Audit Report 114 Information u/s 134(3) (m) of the Companies Act, 2013 118 Report on Corporate Governance 121 Certificate on Corporate Governance 139 Management Discussion and Analysis Report 140 FINANCIAL STATEMENTS Comments of C&AG of India 155 Auditors’ Report 156 Balance Sheet 172 Statement of Profit & Loss 174 Statement of Changes in Equity 176 Cash Flow Statement 178 Notes to Financial Statements 180 Comments of C&AG of India (on Consolidated Financial Statements) 256 Auditors’ Report (on Consolidated Financial Statements) 257 Balance Sheet (Consolidated) 268 Statement of Profit & Loss (Consolidated) 270 Statement of Changes in Equity (Consolidated) 272 Cash Flow Statement (Consolidated) 274 Notes to Financial Statements (Consolidated) 276 Statement containing salient features of Financials of Subsidiaries (AOC-1) 354 Annexure-I & IX under Regulation 33 of SEBI (LODR) Regulations 355 CEO & CFO Certification 359 Notice of 34th Annual General Meeting 360 VISION To be one of the leading energy suppliers in the MISSION country, by adopting the To produce and market the best practices and leading planned quantity of coal technology from mine to and coal products efficiently market.
    [Show full text]
  • The Mineral Industry of Iindia in 2001
    THE MINERAL INDUSTRY OF INDIA By Chin S. Kuo India’s economy in 2001 was characterized by a gross Government Policies and Programs domestic product (GDP) growth of 5.4%. Fiscal deficit was projected to be 4.7% of GDP (Far Eastern Economic Review, India’s import duty on gold had been reduced from $8.57 per 2001a). Interest rates were low with the Reserve Bank of India 10 grams (g) of metal to $5.35 per 10 g in an attempt to reduce lending rate at 7%. Agriculture encompassed 25% of GDP and smuggling. The tariff on imports of second-choice and was forecast at 3.5% growth rate. Industrial production growth defective quality steel was raised from 25% to 35%. The rate declined compared to that for 2000. The Government reduced duty rate of 5% on scrap for melting, currently scrapped various surcharges on corporate income tax, simplified available only to electric arc furnace operators, had been excise duties, and cut interest rates. It also sold its stakes in extended to all steel producers irrespective of process route. state-owned enterprises through privatization. The rate of Meanwhile, dumping action had restricted Indian flat producers’ growth of exports led by jewelry, leather goods, machinery, exports to Canada, the European Union, and the United States. software, and textiles declined in 2001 and total exports The Government asked the U.S. Government to suspend represented 10% of GDP. dumping duties on its steel exports in exchange for tonnage India is endowed with vast mineral resources, and their quotas and price limits (Metal Bulletin, 2001j).
    [Show full text]
  • BHARAT COKING COAL LIMITED (A Govt
    BHARAT COKING COAL LIMITED (A Govt. of India Undertaking) (A Subsidiary of Coal India Limited) NOTIFICATION FOR ENGAGEMENT OF DOCTORS ON TEMPORARY CONTRACT BASIS TO COMBAT COVID-19 Notification No: BCCL/EE/COVID/2021/421 DT. 29.04.2021 Bharat Coking Coal Limited (BCCL) is looking for dedicated doctors to work in its Hospitals/Dispensaries on temporary contract basis to combat COVID-19. If you are ready to accept the challenge and meet our requisite criteria, this is an opportunity to work in BCCL. Details of requirement : Sl. Category of Doctor Number of Monthly Consolidated No. Posts Honorarium 1. Doctor with MBBS qualification 19 ₹ 90,000 /- Doctor with MBBS plus 2. 14 ₹ 1,25,000 /- Specialization Vacancies : There are total 33 vacancies of General Duty Medical Officers and Specialists. The vacancies for GDMOs and Specialty-wise break-up of vacancies in BCCL are indicated below: General Duty Medical Officer : 19 posts Specialist : 14 posts SPECIALTY - WISE BREAKUP Sl.No. Specialty No. of posts 1 Medicine 04 2 Anaesthetist 04 3 Pathologist 04 4 Radiologist 02 TOTAL 14 General Role Profile : A. GDMOs – Services will be utilized for work of Medical Department, BCCL as per requirement on day to day basis including COVID duties in Company’s hospital/dispensaries/any Area/any Unit of BCCL. B. Medical Specialist – Services will be utilized for work of Medical Department, BCCL as per requirement on day to day basis in company’s hospital/dispensaries/any Area/any Unit of BCCL including COVID ward. In addition to this, assistance to CMS I/c as per requirement on day to day basis is also to be provided.
    [Show full text]
  • 1 Objectives, Functions, Schemes and Organizational Structure
    1 Objectives, Functions, Schemes and Organizational Structure The core objectives of MoC are linked to its vision of securing the availability of coal to meet the demand of different sectors of the economy in an eco-friendly and sustainable manner and the overall mission of augmenting production through Government companies as well as the captive mining route by adopting state-of-the-art, clean-coal technologies; enhancing exploration efforts with thrust on increasing proven resources and developing the necessary infrastructure for prompt evacuation of coal. 1.1 Objectives Ensuring achievement of Annual Action Plan targets for coal production and off-take, OBR removal, lignite production and lignite based power generation. Infrastructure development to augment coal and washed coal production. Leveraging technology to minimize environmental externalities. Cutting edge research and development initiatives. Enhancing exploration to augment resource base. Quality and reliability in customer services. Expeditious and joint solutions to inter-ministerial issues. Improving efficiency of Coal India Attracting private investments Allocating new coal blocks in a transparent manner. 1.2 Functions Facilitating exploration, development and exploitation of coking and non-coking coal and lignite reserves in India. All matters related to production, supply, distribution and prices of coal. 3 Development and operation of coal washeries other than those for which Department of Steel is responsible. Administration of the Coal Mines (Nationalisation)
    [Show full text]
  • Organisational Structure and Functions
    CHAPTER 1 44th Foundation Day of CIL ORGANISATIONAL STRUCTURE AND FUNCTIONS ANNUAL REPORT 2018-19 Ministry OF Coal ORGANISATIONAL STRUCTURE AND FUNCTIONS Introduction Allocating coal blocks in a transparent manner. The Ministry of Coal has the overall responsibility of determining Functions of the Ministry of Coal policies and strategies in respect of exploration and development The Ministry of Coal is concerned with exploration, development of coal and lignite reserves, sanctioning of important projects of and exploitation of coal and lignite reserves in India. The subjects high value and for deciding all related issues. These key functions allocated to the Ministry of Coal (includes Subordinate or other are exercised through its public sector undertakings, namely Coal organizations including PSUs concerned with their subjects) India Limited (CIL) and NLC India Limited (NLCIL) and Singareni under the Government of India (Allocation of Business) Rules, Collieries Company Limited (SCCL), a joint sector undertaking of 1961, as amended from time to time as follows :- Government of Telangana and Government of India with equity capital in the ratio of 51:49. (i) Exploration and development of coking and non-coking coal and lignite deposits in India. Vision (ii) All matters relating to production, supply, distribution The core objectives of MoC are linked to its vision of securing and prices of coal. the availability of coal to meet the demand of different sector of the economy in an eco-friendly and sustainable manner and the (iii) Development and operation of coal washeries other than overall mission of augmenting production through Government those for which the Department of Steel is responsible.
    [Show full text]