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Old 23rd November 2016, 03:20 PM
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Default Objectives of Coal India Limited

Hi buddy will you plz tell me here main Objectives of Coal India Limited, as I am going to appear in its recruitment exam and want to know its Objectives before join this company??
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Old 23rd November 2016, 03:58 PM
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Join Date: Mar 2013
Default Re: Objectives of Coal India Limited

Coal India Limited is an Indian state-controlled coal mining company headquartered in Kolkata, West Bengal, India.

As you asking I am telling its main Objectives
1
To ensure achievement of Annual Action Plan targets for coal production and off-take, OBR removal, lignite production and lignite based
power generation.
2
Auction of coal blocks and facilitation of development and production from coal blocks.
3
To ensure coal supply to various consumers as per existing policy.
4
Introduction of appropriate technology for improving production, productivity, safety and quality.
5
Research and development initiatives.
6
Augmenting the resource base by enhancing exploration efforts
7
Acquisition of land under CBA (A&D) Act,1957
8
Infrastructure development to augment coal & washed coal production.
9
Joint Responsibility for power generation

Company profile :
Type State-owned enterprise
Public company
Traded as BSE: 533278
NSE: COALINDIA
BSE SENSEX Constituent
CNX Nifty Constituent
Industry Metals and Mining
Founded 1975
Headquarters Kolkata, West Bengal, India
Area served India
Key people Sutirtha Bhattacharya
(Chairman & MD)
Products Coal, Bituminous
Revenue 806.91 billion (US$12 billion)
(2014–15)[2]
Operating income 215.83 billion (US$3.2 billion)
(2014–15)[2]
Profit 137.27 billion (US$2.0 billion)
(2014–15)
Total assets 1,024.5 billion (US$15 billion)
(Mar 2015)
Total equity 403.53 billion (US$6.0 billion)
(Mar 2015)
Owner Government of India (79.65%)
Number of employees 333,097 (1st April-2015)
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