Company Profile
Company Name: Coal Bharat Limited
11/26/2009 suryadatta simmc
By : - Dhrubajyoti
Goswami
(Marketing+IT) Division -- A
Contents
Page
1. Acknowledgement ------------------------------------------------2. Company Profile 2.1 Chairman¶s Message -----------------------------------------2.2 Company History ------------------------------------------2.3 Company Vision ------------------------------------------2.4 Company Mission -------------------------------------------2.5 Company Philosophy ----------------------------------------2.6 Objective of Company --------------------------------------3. Activities 3.1 Location and Subsidiaries -----------------------------------3.2Type of company -----------------------------------------------3.3 Board of Directors --------------------------------------------3.4 Organizational Structure ------------------------------------3.5 Products/Services ---------------------------------------------4. Operations 4.1 Production Details ---------------------------------------------4.2 Mine Safety -----------------------------------------------------4.3Quality Control by µECO FRIENDLY MINING¶-------4.4 Coal Distribution Policy -------------------------------------4.5 Market-mix of coal produced ------------------------------4.6 Customers ------------------------------------------------------5. Financial Data 5.1 Sources of Funding -------------------------------------------5.2 Balance Sheet --------------------------------------------------5.3 Profit/Loss ------------------------------------------------------6. Learning Experience ----------------------------------------------6.1 What did I learn? ---------------------------------------------6.2 It¶s relevance to become a manager -----------------------6.3 How can I put it to practice? -------------------------------6.4 Conclusion -----------------------------------------------------2
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27 28 29 30 31 31 31 31
ACKNOWLEDGEMENT
Apart from the efforts of me, the success of this project depends
largely on the encouragement and guidelines of many others. I take this opportunity to express my gratitude to the people who have been instrumental in the successful completion of this project. I would like to express my greatest gratitude and appreciation to the people who have helped and supported me throughout. They are Prof. Dr.S.B.Chordiya, Prof. Lodha and Prof. Behere, Mr. Manish Sing the staffs in SIMMC, and last but not least my course mates who have provided me with invaluable advice and help. I can¶t say thank you enough for his tremendous support, help and guidance. I feel motivated and encouraged every time I attend his meeting. Without his encouragement and guidance this project would not have materialized. The guidance and support received from all the team members who contributed and are contributing to this project, was vital for the success of the project. I am grateful for their constant support and help. Chairman¶s Message for decades continue to be the dominant source of global energy despite community expectations over climate change, according to two international industry figures. Indian coal at the pithead is the cheapest coal in the world. With low sulphur content, Indian coal is eco-friendly. Our business plan therefore aims primarily to translate these strong economic fundamentals of coal into prosperity for the country and the company. I believe coal is here to stay as our primary energy source. Coal production has to grow, India has to consume more coal, and we can¶t deny that. I think the Indian government is in the process of ramping up
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COAL will
electricity supplies to its population of more than one billion, and our country¶s growing economy had pushed energy demand up by 7 percent a year. But this is true that India is taking climate change seriously and the coal industry was looking to reduce its environmental impact. Renewable energies made up 13 percent of world energy consumption and that was expected to rise to just 14 percent by 2030. There isn¶t actually enough energy of other forms to replace coal. By 2030, we need it all, we need the coal, we need the oil, we need the gas, and we need the renewable. It¶s incumbent upon us as a society to continue to focus on developing clean coal, because we need the energy.
Background History
The Indian energy sector is largely dependent on coal as the prime
source of energy. After the Indian independence, a greater need for coal production was felt in the First Five Year Plan. In 1951 a Working Party for the coal industry was set up, which suggested the amalgamation of small and fragmented producing units. Thus the idea of a nationalized, unified coal sector was born. In the pre-nationalized era coal mining was controlled by private owners, and suffered from their lack of interest in scientific methods, unhealthy mining practices and sole motive of profiteering. The miners lived in sub-standard conditions as well. 1n 1956, the National Coal Development Corporation (NCDC) was formed with 11 collieries with the task of exploring new coalfields and expediting development of new coal mines. 1983 Mr. Amitava Goswami initiates commercial coal mining at Asansol(W.B)
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1987 1988
A Nagpur coalfield was established as a subsidiary in Maharastra. A Bilaspur coalfield was established. That time it was in M.P Minimal development; River transportation used to transport coal to Calcutta; railway lines at Calcutta leads to expansion of Coal Production Capacity at 6 million tonnes per annum Focus on Coal Industry; capacity up to 38.4 Million tonnes Coking Coal Industry Nationalized, Bharat Coking Coal Limited formed to manage operations of all Coking Coal mines in SINGARAULI Coalfields LTD... Coal Bharat Limited formed as holding Company with 4 subsidiaries viz. Asansol coalfields ltd. (ACL), Nagpur coalfields Ltd (NCL), Singarauli Coalfields Ltd.(SCL), Bilaspur Coalfields Ltd.(BCL) Coal Bharat & four of its no Subsidiaries,viz,NCL,ACL,SCL,BCL was accorded coveted "Mini Ratna" Status
Up to 1990 Early 1992s 1993
1995
1999
2001
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About the company
BANKERS Allahabad Bank SBI HDFC ICICI Punjab National Bank Bank of Baroda
SOLICITORS
M/s Fox & Mondal 12, Old Post Office Street , Calcutta - 700 001
Udayan Sen 10, Old Post Office Street Calcutta - 700 001 10, Old Post Office Street Calcutta - 700 001
from the position of domestic leader to leading global player in the energy sector by adopting best practices from mine to market with due care to environmental and social sustenance.
Mission of Coal Bharat
Produce the planned quantity of coal efficiently and economically with
due regard to safety, conservation & quality.
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Target of Coal Bharat
CBL has been consistently increasing its production, sustaining
growth, over years and ended the fiscal 2008-09 with a production of 403.74 Million Tonnes. CBL¶s targeted production for 2009-10 is 435 MTs. With the annualized growth rate pegged at 7.6% during the XI Five Year Plan, and entrusted with a modest coal production of 79 Million Tonnes (MTs) at its inception in 1975, with the task of fuelling country¶s energy needs, CBL is expected to produce about 520.50 by 2011-12.
Company Philosophy
Objectives of Coal Bharat
The objective of the company is the conservation of the scarce coal
resource, particularly coking coal, in India by:
Stopping wasteful, selective and slaughter mining. Planned development of available coal resources Improvement in safety standards Ensuring adequate investment for optimal utilization consistent with growth needs
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Location and Subsidiaries:
Subsidiaries:
SINGARAULI COALFIELDS LTD.
NAGPUR COALFIELDS LTD.
Coal Bharat LTD.
ASANSOL COALFIELDS LTD.
BILASPUR COALFIELDS LTD.
CBL
Coal Bharat Limited (CBL) is a Public Limited company of India,
with Headquarters in Kolkata, West Bengal. With proven coal reserves of 105.82 Billion Tonnes out of total reserves of 267 Billion Tonnes (as on 1 April 2009) Coal Bharat plays a pivotal role in Indian energy scenario. CBL joined the select band of significant players in the economic development of the country. The elevated status provides more financial and operational autonomy to CBL and it can take decisions on its own for investing in projects. CBL shall be even more diligent and responsive to the needs of its consumers.
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NCL
Nagpur Coalfields Limited is one of the four Subsidiary Companies of
Coal Bharat Limited (CBL) . The Company incorporated under the Companies Act, 1956 has its registered office at Coal Estate, Civil Lines, Nagpur±440001. The Company has contributed about 9.5% of the national coal production during 2007-08. It has mining operation spread over the states of Maharashtra (in Nagpur, Chandrapur & Yeotmal Districts) and Madhya Pradesh (in Betul and Chhindawara Districts).
BCL
The coal deposits of BCL occur in five districts i.e. Bilaspur, Korba,
Raigarh, Surguja &Korea in Chhattisgarh and three districts Shahdol, Umaria, Anuppur district in Madhya Pradesh. This occurs in the great Son Mahanadi master basin.
SCL
A
subsidiary company of Coal Bharat Limited. Its headquarter is
located at Singrauli, Distt. Sidhi (M.P.). Singrauli is connected by road with Varanasi (220 Km.)
ACL
A
subsidiary company of Coal Bharat Limited. Its headquarter is
located at Asansol (Dist. Burdwan, West Bengal)
Type of company:
Public Limited
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Board of Directors
Dr. Dhrubajyoti Goswami (Chairman) Mr. Ravi Nawani (Finance) Dr. Jamal Mazhar (Marketing)
Mr. Goutam Dhar (Technical) Organizational Structure and key Departments in the company
Board of Directors
Chairman Corporate Communication
Director (Finance)
Director (Operation)
Director (Project &Panning)
Director (Personnel)
Finance Accounts Internal Audit Systems
Production Industrial Engg Quality Control Sales & Mkt.
Corp. Plg. & Proj Civil Engg. Safety & Conservation and Rescue Electronics & Tele-Communication New Technology Land & Revenue Environment
Hard Coal WASHED AND BENEFICIATED COAL MIDDLINGS REJECTS TAR / HEAVY OIL / LIGHT OIL / SOFT PITCH
Coking Coal:
These coals, when heated in the absence of air, form coherent beads, free from volatiles, with strong and porous mass, called coke.
These have coking properties Mainly used in steel making and metallurgical industries Also used for hard coke manufacturing
Semi Coking Coal:
These coals, when heated in the absence of air, form coherent beads not strong enough to be directly fed into the blast furnace. Such coals are blended with coking coal in adequate proportion to make coke.
These have comparatively less coking properties than coking coal Mainly used as blend-able coal in steel making, merchant coke manufacturing and other metallurgical industries
Non Coking Coal:
These are coals without coking properties.
Mainly used as thermal grade coal for power generation Also used for cement, fertilizer, glass, ceramic, paper, chemical and brick manufacturing, and for other heating purposes
Hard Coal:
Hard coke is formed from coking / semi-coking coal through the process of carbonization.
Mainly used in metallurgical industries Also used in industrial plants utilizing furnaces
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Washed and beneficiated Coal:
These coals have undergone the process of coal washing or coal beneficiation, resulting in value addition of coal due to reduction in ash percentage.
Used in manufacturing of hard coke for steel making Beneficiated and washed non-coking coal is used mainly for power generation Beneficiated non-coking coal is used by cement, sponge iron and other industrial plants
Middlings:
Middlings are by-products of the three stage coal washing / beneficiation process, as a fraction of feed raw coal.
Used for power generation Also used by domestic fuel plants, brick manufacturing units, cement plants, industrial plants, etc.
Rejects:
Rejects are the products of coal beneficiation process after separation of cleans and / or middlings, as a fraction of feed raw coal.
Used for Fluidized Bed Combustion (FBC) Boilers for power generation, road repairs, briquette (domestic fuel) making, land filling, etc.
Tar/Heavy Oil/Light Oil/Soft Pitch:
These are produced using low temperature carbonization of non-coking coal in vertical retorts. Used in furnaces and boilers of industrial plants as well as power houses, oil, dye, pharmaceutical industries, etc.
Coal Production Method A five step process to deliver a quality product. Coal production takes place through a five step process to deliver a quality product with a focus on reducing long term environmental impact. The five steps of the coal production process include: 1. 2. 3. 4. Exploration and development Mining Processing Loading and transportation
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5. Rehabilitation. Exploration and development The first stage to any coal production operation is exploration and development. This takes place to locate and determine the most appropriate methodology to extract the mineral. Exploration and development involves the combined efforts of geologists, geotechnical engineers, mining engineers, coal technologists and surveyors. The geologist is responsible for defining the shape, size and quality of the coal reserves and for producing a computer model. This model is used by the mining engineers to plan and manage the mining process taking into consideration:
y y y y y y y
Mine wall stability Scheduling of coal production at a consistent rate and quality Controlling groundwater seepage and rainwater runoff Mining block and backfill designs for minimal possible overburden removal distance Optimizing equipment deployment and productivity Minimizing operational interruptions Optimizing drill and blast practices.
Surveyors support both the geologists and mining engineers by ensuring that the data required for deposit modeling is correctly gathered in the first instance. Surveyors also confirm that the engineers' mine plans are accurately reflected in the mine development. As Coal's mining occurs in soft, saturated sediments, sometimes at great depth, Coal has had to achieve high standards of professionalism in the above disciplines. Once land has been prepared mining can commence.
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Mining
As was the case 50 years ago, most coal is produced from two major types of mines-- underground and surface. But the methods for recovering coal from the earth have undergone drastic changes in the past 25 years, as a consequence of technological advances. Fifty years ago when most coal mining was done manually, underground mines accounted for 96 percent of the coal produced each year. Today, almost 60 percent is produced from surface mines. Most underground mines in the United States are located east of the Mississippi River, although there are some in the West, particularly in Utah and Colorado.
More than two-thirds of the coal produced underground is extracted by continuous mining machines in the room-and-pillar method. The continuous mining machine contains tungsten bits on a revolving cylinder. The continuous miner breaks the coal from the face and then conveys it to a waiting shuttle car which transports it to the conveyor belt to be moved to the surface. No blasting is needed. After advancing a specified distance, the continuous miner is backed out and roof bolts are put in place. The process is repeated until the coal seam is mined.. Another method, called longwall mining, accounts for about 20 percent of production. This method involves pulling a cutting machine across a 400 to 600 foot long face (longwall) of the coal seam. This machine has a revolving cylinder with tungsten bits that shear off the coal. The coal falls into a conveyor system which carries it out of the mine. The
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roof is supported by large steel supports, attached to the longwall machine. As the machine moves forward, the roof supports are advanced. The roof behind the supports is allowed to fall. Nearly 80 percent of the coal can be removed using this method. The remaining 11 percent of underground production is produced by conventional mining which uses explosives to break up the coal for removal.
Half of the minable surface coal in the United States is located in the West, but significant amounts are also present in Appalachia and Midwestern states. Surface mining is used when the coal seam is located relatively close to the surface, making underground mining impractical. Before a company can surface mine, it must gather information about the site regarding growing conditions, climate, soil composition, vegetation, wildlife, etc. With this information, the company then applies to the state or federal government for a permit to mine. The company must post a bond for each acre of land it mines to assure that it will be properly reclaimed.
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Most surface mines follow the same basic steps to produce coal. First, bulldozers clear and level the mining area. The topsoil is removed and stored for later use in the reclamation process. Many small holes are drilled through the overburden (dirt and rock above the coal seam) to the coal seam. Each is loaded with explosives which are discharged, shattering the rock in the overburden. Giant power shovels or draglines clear away the overburden until the coal is exposed. Smaller shovels then scoop up the coal and load it onto trucks, which carry the coal to the preparation plant. Once the coal is removed, the land is returned to the desired contour and the topsoil is replaced. Native vegetation and/or trees are planted. Coal companies operating surface mines must comply with strict requirements and regulations of the Federal Surface Mining Control and Reclamation Act. A crucial part of the surface mining process is restoring a mined site to acceptable ecological conditions, which means it must be made as productive as it was prior to mining. There are farms, parks, and wilderness and recreation areas on what was once surface mines. The major stigma associated with the coal industry today is the abandoned or "orphan" mines of the early coal mining years. These orphan mines are systematically being reclaimed under the Surface Mining Act taxes coal producers at the rate of 35 cents a ton for surface mined coal, 10 cents a ton for lignite mined coal, and 15 cents a ton for underground mined coal. The tax is paid to the government and is used to reclaim the orphaned mines. Processing Processing involves crushing, screening and beneficiation. Processing takes place at Griffin Coal's Ewington Mine. It is a process wherein coal is converted from Run of Mine to a product that meets the customer's requirement. Crushing Mined coal can include lumps up to a meter in size, so crushing to a manageable size is required. Coal crushing can
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include a two stage process dependant on deposit size. Crush One: Feeder Breaker Coal is crushed in a feeder breaker, a chain conveyor under a toothed drum that breaks the biggest lumps. Crush Two: Sizer Coal size is further reduced through a sizer, where each oversize particle is reduced to less than 75 millimeters. Screening Screening is used to separate different sizes of crushed coal. In this process coarse and fine coal is separated so to accommodate for specific markets and industrial usage. Screening takes place at a processing plant adjacent to the Mine. Coal¶s screened coal is ideal for burning in horizontal kilns. In these kilns uniform particle grading is used to create even combustion along the length of the kiln. Coarser coal is also required by customers who burn coal in grate±fired applications. Beneficiation/Washing Beneficiation has been trialed at factory. During beneficiation, coal is processed to remove impurities reducing ash and sulphur thereby improving the market value of the coal. Beneficiation can improve the quality of contaminated coal that would otherwise be wasted. Most cleaning processes involve washing the coal in order to separate coal particles from stone particles as coal is considerably lighter. Charring Coal can be charred, a process wherein hydrogen and oxygen are removed from the coal to make it purer form of carbon.
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Once processed according to specifications, coal is loaded and transported accordingly. Loading & Transportation Preparation of coal for sale to industrial customers is an integral aspect of Ewington operations. Coal preparation involves crushing, screening and loading trucks and trains. A variety of products are produced to specification for size and quality. All coal consignments are sampled to Australian and International Standards and analysis is undertaken by an independent NATA accredited laboratory. At this point it is important to rehabilitate the environment so as to return it to its natural state.
Rehabilitation
Restoring the environment to its natural state.
Mine site rehabilitation is important to environmental sustainability. Rehabilitation involves returning the land to its natural state post mining through strict, well researched strategies of revegetation and the regeneration of natural ecosystems. Work to restore disturbed areas is carried out progressively as soon as practicable. Griffin Coal¶s environmental commitment includes the progressive rehabilitation of its mining operations. The objective of mine rehabilitation is to create a structurally stable landform capable of future productive use. Rehabilitation also occurs to return land to a scale and morphology similar to that which exists elsewhere in the Collie Basin. Rehabilitation involves a comprehensive process of classifying overburden material, land recontouring,
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seeding and regeneration. 1. Overburden Material Classification Overburden material is classified according to its potential to cause geochemical impacts (acid rock drainage) on the environment. Dumping of waste material is undertaken so the best materials end up near the surface of waste landforms and the other material is encapsulated in the middle. 2. Land Recontouring When the landforms are no longer needed for mining or dumping purposes the slopes are recontoured to around 10 degrees to control surface runoff and to ensure a stable slope. Topsoil is then spread to a depth of 150 millimeters before the area is contour ripped, fertilized and seeded with local natives. 3. Seeding Rehabilitation areas are seeded at the break of the winter rainy season, and initially are susceptible to erosion damage until germination and root development has occurred. Historically dumps were rehabilitated to pasture species. This approach was chosen to stabilize the dump outslope quickly to prevent erosion. More recently efforts have been directed to the re-establishment of native flora. 4. Regeneration Native species do not germinate and develop until the following spring, therefore the potential for massive erosion is present during the winter. A strategy has been developed whereby native bush species comprising grasses, groundcovers, shrubs and trees, are sown together with a "nurse" crop of cereal rye. The cereal rye germinates quickly and stabilizes the surface through the winter and the natives emerge the following spring. The seed mix includes Jarrah, Wandoo, Flooded Gum, numerous Acacias and understory species.
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Production (Figs in Million Tonnes)
Subsidiary Type NCL U/G OC Total U/G OC Total U/G OC Total U/G OC Total 200506 9.65 31.76 41.41 16.52 66.50 83.02 9.34 21.78 31.11 4.90 19.30 24.21 200607 10.04 33.17 43.20 16.20 72.30 88.50 8.27 22.20 30.47 4.46 20.75 25.21 200708 9.92 33.30 43.21 16.74 77.05 93.79 8.32 15.74 24.06 4.13 21.38 25.51 200809 9.98 33.53 43.51 17.57 83.58 101.15 8.39 19.74 28.13 1.65 8.53 10.20
Mine Safety
We have always given the highest priority towards µSafety¶ considered as a part of our core production process. There is
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significant improvement in our safety performance fory Commitment by the management, workers & regulators y Advanced & continuous training of the work force. y Technological advancement in the field of mining method and better equipment design. y Well thought out & conscientious safety awareness drives. Objective of mind safety is to achieve µzero harm potential in all mines. Following thrust areas have been identified
y
Steel support such as roof bolting/ roof stitching is being implemented to replace timber. Scientific study such as RMR for support design is being carried out by scientific cell establish under safety department. Hydraulic/ pneumatic drilling of roof bolts holes Roof bolting with resin and cement capsules Extensive training and retraining of all category of workers, supervisory stall and executives at Area and company level. Telemonitoring system for c0ntinucus monitoring of underground mine environment parameters in respect of methane and carbon monoxide gas is provided in 4 mines of WCL. Shortly 2 or more mines are going to be provided with Telemonitoring System" at Mathani and Mahakali Mine. Risk Assessment as a tool for development of appropriate health and safety management system is being introduced Man-riding System has been introduced in Tandsi Mine. Same is being considered for mines having arduous travel. Roof Strata behavior is being monitored by installing Tell -Tale, bore hole extensometer for recording
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y y y
y
y
y
y
convergence.
y y y
Safety Audit of all the mines is completed Drive on Inspection of Belt Conveyor is conducted Random testing of roof bolts installed before six month to judge its efficacy is being carried out.
Quality Control by µECO FRIENDLY MINING¶
y y y
y y
y
The company is highly concerned about protection of the environment and has taken several steps in this regard. More than 2 crores (2,35,29,240) saplings have been planted till 1.4.2007 with over 90% survival rate. In the year 2006-07 total 4,90,000 saplings have been planted.1562 ha mined out land has already been reclaimed . Regular monitoring of air, water and noise pollution for mines. Total backfilling of about 2673 ha of land has been done. Research studies have been undertaken by various research institutes at company¶s initiative for self sustaining eco-restoration system on overburden dumps and other mined out areas. Company was awarded Greentech Environment Excellence Silver Award ,New Delhi in 2004-05 and Kunwar Yudhwir Singh Afforestation award ,Raipur in 2005
Coal Distribution Policy
y y y y y
Classification of Consumer Distribution & price of coal to different consumers Power utilities including independent power plants &fertilizer sector Coking coal to integrated steel plants E-Auction of coal
Market-mix of coal produced in CBL
y
Approximately 30 percent of coal is being marketed to steel sector
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y y
y
50 percent of coal is being dispatched to power and fertilizer sectors. 18 percent of coal is being marketed to noncore sector consisting of different types of industrial units, cokery units, Brick kilns, cement industry etc 2 percent of coal is being used towards internal consumption
Offtake Sector Steel Power Fertilizer Cement Internal Consumption Total Offtake Offtake 08-09 (mt) 3238.25 3311.26 2331.74 3330.01 3330.66 15541.92
Promotional Activities:
CBL is committed to satisfy the needs of the consumers. The main commitment of CBL is to supply good quality coal at right price in right time to the consumers. For the maintenance of quality of coal proper crushing, deshaling, shale picking, proper loading & weighment through electronic weighbridge and stock yards are being done. CBL is visualising the requirment of the consumers, analysing their needs and also extending technical counseling to the consumers. Special efforts are being made for the consumers' grievances redressal and complaints resolution. CBL has adopted the philosophy of "Societal Concept of Marketing". Several professional personnel have been inducted and processes of marketing research has been adopted. For Eco-friendly measures, CBL has started beneficiating non linked washery coal at Dugda Washery for power houses. For boosting the coal sale for noncore sector, special scheme
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under "Open Sales Scheme" has been adopted under which any buyer can purchase the coal on the first come first serve basis as per the guide lines of the scheme. For the conveniences of the consumers cash road sale is being done at CBL(HQ), Koyla Bhawan while cash rail sale is being done at CBL, Calcutta office. CBL has risen to the occasions to fulfill the needs of metallurgical coal & Non Linked Washeries and non coking coal for all round infrastructural development of the country.
HOW TO GET COAL
Coal can be purchased through following system:1. LINKAGE/SPONSORSHIP :Consumers who have permanent requirement can get coal by establishing linkages with CBL. Seasonal consumer get coal based on state sponsorships only 2. LIBERALISED SALE SCHEMES : For the benefit of consumers who cannot get linkages/sponsorships, Coal company has started two liberalized sales schemes viz Open sale scheme(De-regulated Coal), OSS(DC) and Liberalized sales scheme (Modified) LSS (M).The fover cover sale of coking coal and A,B,C and D grades of non-coking coal. The later covers E,F and G grades of non-coking coal.CBL at present do not offer coal for sale under LSS(M). The details of OSS (DC) scheme are given here under.
Customers
Customer Satisfaction NCL has adopted II Maintenance of "Quality of Coal supplies" and "Customer satisfaction" as the key result areas. The following steps are being taken in this direction : Ensuring RIGHT Grade :
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y
By following right mining practices for eliminating extraneous material getting mixed with good quality coal. By adopting beneficiation methods like picking of shale & stones. By Sampling & Analysis through independent agency at loading / unloading points.
y
y
Ensuring RIGHT Size: By creating sufficient crushing & optimization of blasting. Ensuring RIGHT Weight: 100% weighment through Electronic Weigh-bridges with printout faility and introducing computer at all weigh-bridges. Ensuring supply at RIGHT Time:
y
By providing uninterrupted loading at sidings with proper loading capacity augmentation & maintaining sufficient Stocks at sidings with effective liaison with railways. Constant liaisoning is maintained with all the customers and feedback is collected from them. Prompt actions are taken on the complaints received. Regular consumer meets are held where all major & small consumers are invited to ventilate their views freely and suggestions are accepted and evaluated for implementation.
y
y y
Consumer List
1. J. K. TYRE & INDUSTRIES LTD.(W.B), 2. LAFARGE INDIA PRIVATE LIMITED(U.P) 3. GUJARAT NARMADA VALLEY FERTILIZERS COMPANY LIMITED (Gujarat) 4. HIRA POWER & STEELS LTD(Orissa) 5. IND POWER LIMITED(M.P)
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6. STEEL AUTHORITY OF INDIA LIMITED(Chhattisgarh) 7. GODAWARI POWER & ISPAT LTD(A.P) 8. HI-TECH POWER AND STEEL LTD(Jharkhand) 9. INDIAN STEEL & POWER PVT. LTD(Delhi) 10. VISHWA FUEL INDUSTRIES(Tamilnadu) These are our primary customers whom we have been providing service by selling our high quality coal as per their requirements for a long period of time.
Financial Data
Sources of Funding
2008-09 (in billions)
INTERNAL RESOURCES BUDGETORY RESOURCES BORROWINGS TOTAL AVAILABLE FUND
42.26
13.28 25.81
81.35
Year
2008-09 (in crores) 5744.10 663.42 45796.59 38788.83
Profit before Tax & Dividend Cost of Production Gross Sales Net Sales
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Payment (in crores) Royalty Cess Sales Tax Total
Year 2008-09 4300.97 1065.85 1406.18 6773.0
BALANCE SHEET AS AT 31st MARCH (in Crores) PARTICULARS
2008-09
SOURCE OF FUND SHARE CAPITAL RESERVES & SURPLUS PROFIT & LOSS A/C LOAN FUND DEFERRED TAX LIABILITIES Total
APPLICATION FIXED ASSESTS:
297.10 1343.88 1794.26 112.98 29.18 3577.4
GROSS BLOCK LESS DEPRECIATION LESS IMPSIRMENT OF ASSETS NET BLOCK CAPITAL WORKS IN PROGRESS SURVEYOFF ASSETS INVESTMENTS DEFERRED TAX ASSETS INVENTORIES
PARTICULARS TURNOVER SALES OTHER INCOME ACCRETION/ DECRETION IN STOCK TOTAL : EMPLOYEE REMUNERATION CONSUMPTION OF STORES & SPARES POWER & FUEL REPAIRS (PURCHASED) CONTRACTUAL EXPENSES SOCIAL OVERHEAD DEPRECIATION INTEREST PROVISIONS OTHER EXPENSES : OBR ADJUSTMENT OTHERS TOTAL :
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. PARTICULARS CAPITAL EMPLOYED (N.F.A.+N.C.A) NET WORTH( PROFIT/LOSS) LOAN DEBT/EQUITY RATIO NET PROFIT FOR THE YEAR AS % TO CAP. EMPLOYED DEBTORS AS % TO SALES (INCL. LEVIES) INVENTORY OF STORES & SPARES IN NO. OF MONTHS CONSUMPTION VALUE ADDED/EMPLOYEE 2008-09 2846.06 2814.14 112.98 0.04:1 32.33 5.73 0.91
590.60
Learning Experience
What I learnt I learnt that: 1) Indian coal at the pithead is the cheapest coal in the world. With low sulphur content, Indian coal is eco-friendly. CBL¶s business plan therefore aims primarily to translate these strong economic fundamentals of coal into prosperity for the country and the company. 2) steps of coal mining 3) Utilization & significance of coal which is inevitable to maintain the civilization. 4) The balance sheet, profit-loss account of a firm. 5) product distribution policy, sales & marketing
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policy of a company 6) Quality control & customer satisfaction policy of an organization 7) Organization structure. How it is relevant to my approach to become a manager. A manager whatever may be his role to a company-finance, marketing, production; IT- is always expected to have some basic/minimum knowledge in all those aspects. Because decision making ability is a very important skill reqd. to be a successful manager. And all those aspects are related to each other. How I can put it to practice This company profile project has worked on me as a driven force. Now I can understand how important it is. I am interested also to put it to practice for the enhancement of my knowledge which is reqd. to face the interview for managerial job. I should not only be confined to a particular sector. I can be more focused to a specific sector like automobile or software etc. But an overall knowledge I should attain by studying the profiles of different companies to know what is happening in the corporate world. How they face the challenge of survival in this competitive world, what are the ways of making profit in different situations. Now there should be the strategy for doing that. While doing that 1) Having internet service very essential to study the website of the concerned company. 2) If any business policy or any term I cannot understand I should consult to the knowledge faculties. In future, if I would be in a position to establish a company, that time this knowledge of making company profile will be beneficial to me. Conclusion Gathering knowledge on business and organization involved in business will give me an extra edge over others in this competitive world to be a successful manager to serve my company effectively & efficiently.
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