Psu
NCL secures excellent rating for outstanding performance
Singrauli: Northern Coalfield Limited, has secured an excellent rating in MoU performance parameters for the year 2018-19. The holding company of NCL The Coal India Limited released these ratings on Tuesday based on Guidelines of Department of Public Enterprises. NCL has been awarded 90.69 marks for performance on production, productivity, financial status, Turnover, Profit, capital expenditure, Research and Development, Human Resources, and several other factors. NCL is the only subsidiary of Coal India Limited to get an excellent rating.
On this splendid achievement, NCL CMD Shri PK Sinha and Functional Directors of the Company congratulated team NCL and expressed that in future also NCL will continue with its excellent performance.
NCL is a Singrauli Based Miniratna Company of GoI and Subsidiary Company of Coal India Limited which is energizing the nation with its round the clock coal production. NCL operates with more than 1200 HEMMS in 10 opencast mega mines for more than 100 Million Tonnes of Production. NCL holds one of the world's largest Dragline fleet and Uses Mega Infrastructure of crushers for quality coal and Network of Coal Handling Plants (CHPs). NCL is also planning to construct CHPs of 50 Million Tonne Capacity.
NCL uses the modern Merry Go Round (MGR) system for transporting coal to its nearby pit head plants and boasts to be the only subsidiary of Coal India Limited to use environment-friendly Belt Pipe Conveyor (BPC).
In FY2019-20 NCL completed all of its targets and became one of the highest composites (Coal + Overburden) producing company of the nation. NCL has been entrusted with the responsibility of 113.25 MT production and dispatch in the current fiscal. Amid COVID19 pandemic NCL is moving ahead on its targets with all safety norms. Also, NCL is commissioning 50 MW solar power plants and working with various prestigious institutes of the nation for Research and Development works in the company.
Join PSU Connect on WhatsApp now for quick updates! Click here
Read Also : DVC Signs Power Purchase Agreement with HPPC in Panchkula, Haryana