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Singareni Collieries achieves record coal production, dispatches in Q1

 

Hyderabad | July 2, 2017: The state-owned Singareni Collieries Company Ltd (SCCL) has achieved record coal production and dispatches during the first quarter ended June 30, 2017.

 

The mining company also registered higher overburden removal during the first quarter of 2017-2018 notwithstanding the strike by a section of workers for about 10 days last month pressing for jobs for dependants and other issues.

 

The mining company said in a statement that it has mined 14.34 million tonnes of coal during the first quarter, up 2 per cent over 14.1 million tonnes it logged during the corresponding quarter last fiscal. This in itself is an all-time record for the company.

 

During June 2017, the production was up at 4.81 mt against 4.74 mt during June last year.

 

The statement further mentioned that the company has set a record in coal dispatches by transporting 15.59 mt, up 11 per cent, over 14 mt dispatched during the corresponding period of last year.

 

Inspite of the 10-day strike by a section of miners during June, the coal dispatches stood at 4.97 mt against 4.48 mt achieved during June last year.

 

The company, which has set a higher target for this fiscal, has also managed to surpass the overburden removal by removing 94.5 million cubic meters in the first quarter of the current financial year against 76.4 million tonnes last year. During June, the mining company achieved overburden removal of 26.4 million cubic meters against 21.4 million cubic meters it achieved during June 2016.

 

 

(Source: http://www.thehindubusinessline.com/)