How many subsidiary are there in CIL?
CIL has seven producing subsidiaries namely Eastern Coalfields Limited (ECL), Bharat Coking Coal Limited (BCCL), Central Coalfields Limited (CCL), Western Coalfields Limited (WCL), South Eastern Coalfields Limited (SECL), Northern Coalfields Limited (NCL)and Mahanadi Coalfields Limited (MCL) and One mine planning and …
Which subsidiary of CIL has produced highest coal?
subsidiary Northern Coalfields Ltd. (NCL)
CIL subsidiary Northern Coalfields Ltd. (NCL) has registered highest coal production in the ongoing fiscal (FY’22). As on 14 March, NCL’s production was recorded at 115.26 mnt, surpassing the 115.04 mnt mark attained during FY’21.
Which is the best subsidiary of Coal India?
Coal India: Subsidiary-wise production in fiscal 2017-18
- 126.36 MT.
- 83.95 MT. Northern Coalfields Limited.
- 50.44 MT. Central Coalfields Limited.
- 32.93 MT. Western Coalfields Limited.
- 37.56 MT. Eastern Coalfields Limited.
- 28.61 MT. Bharat Coking Coal Limited.
- 0.65 MT. North Eastern Coalfields.
- 495.09 MT. Coal India combined.
Who owned coal mines in India?
the Central Government of India
As of 14 October 2015, CIL is a PSU owned by the Central Government of India which controls its operations through the Ministry of Coal. As of 14 October 2015, CIL’s market capitalisation stood at ₹2.11 lakh crore (US$28 billion) making it India’s 8th most valuable company.
Who was the first chairman of CIL?
Coal India has had two IAS officers as its chairman in entire history. The first being, S. Narsing Rao, who took over in April 2012. He was succeeded by Sutirtha Bhattacharya, also an IAS officer, who retired in August 2017.
Is CIL a Government company?
Coal India Ltd (CIL) is a ‘Maharatna’ Public Sector Undertaking under Ministry of Coal Government of India with headquarters at Kolkata West Bengal. CIL is the single largest coal producing company in the world and one of the largest corporate employers.
When was Coal India Limited established?
November 1975Coal India / Founded
When did coal become Nationalised in India?
On account of these reasons, the Central Government took a decision to nationalise the private coal mines. The nationalisation was done in two phases, the first with the coking coal mines in 1971-72 and then with the non-coking coal mines in 1973.
Is CIL a government company?
CIL and its subsidiaries are incorporated under the Companies Act, 1956 and are wholly owned by the Central Government. The coal mines in Assam and its neighbouring areas are controlled directly by CIL under the unit North Eastern Coalfields.
When was Coal India Nationalised?
Who is the first chairman of Coal India Limited?
Ram Nath Sharma
Ram Nath Sharma. NEW DELHI- Coal India Ltd. on Monday celebrated the 99th birthday of its first Chairman, Dr. Ram Nath Sharma.
Who is the present chairman of Coal India Limited?
Pramod Agrawal (Feb 1, 2020–)Coal India / CEO
Who is the CFO of Coal India Limited?
Coal India Ltd (CIL) on Wednesday said Ghatak Choudhary, GM(Finance)I/C & CFO, will be superannuating from the services of the company with effect from December 31. The company has appointed SK Mehta, GM (Finance) as CFO from January 1, 2022 till such time a regular director (Finance) is appointed.
Who is Anil Kumar Jha?
Former Coal India chief Anil Kumar Jha appointed member of key green panel. Jha retired as of Coal India’s chairman in January 2020. He has three decades of experience in coal mining. During his tenure Coal India’s output surpassed 600 million tonnes in 2018-19.
Who is the CEO of Coal India Limited?
Is Coal India a monopoly?
Shares of Coal India cracked 5 per cent in Monday’s trade after Finance Minister Nirmala Sitharaman on Saturday announced commercial mining of coal by the private sector, ending government’s monopoly.
Who was the first Chairman of CIL?
Will Coal India Limited be Privatised?
Coal India will not be privatised, and it is given the target of producing one billion tonne coal by 2023,” he said.
When was the coal industry Privatised?
Set up under the Coal Industry Nationalisation Act 1946, it took over the United Kingdom’s collieries on “vesting day”, 1 January 1947. In 1987, the NCB was renamed the British Coal Corporation, and its assets were subsequently privatised….National Coal Board.
| National Coal Board logo | |
|---|---|
| Abbreviation | NCB |
| Legal status | Statutory corporation |
Is CIL privatized?
CIL rules out privatisation buzz, says no coal shortage Coal India is fully capable to fulfil the coal demand in India, he said, adding the company has plans to open new mines in the future.
Should the government privatize CIL?
‘Privatisation of CIL subsidiaries may not be the best way forward’ Another government official in the Coal Ministry said that the privatisation of CIL subsidiaries is unlikely because it may not be the best way forward at a time when the government is trying to increase competition in the mining sector.
When did the NCB start?
National Coal Board
| National Coal Board logo | |
|---|---|
| Abbreviation | NCB |
| Successor | British Coal |
| Formation | 12 July 1946 |
| Dissolved | 5 March 1987 |
Who is the founder of NCB?
NCB Financial Group
| Type | Public company |
|---|---|
| Founded | 1837 |
| Headquarters | Kingston, Jamaica |
| Key people | Michael Lee-Chin (Chairman) Patrick Hylton (President and Group Chief Executive Officer) Dennis Cohen (Group Chief Financial Officer and Deputy Chief Executive Officer) |
| Revenue | US$756 million (2018) |
Who is the owner of NCB?
NCB Financial Group
National Commercial Bank Jam
National Commercial Bank Jamaica Limited/Parent organizations
Who is Patrick Hylton?
Patrick Hylton was appointed President and Group Chief Executive Officer of the NCB Financial Group effective May 1, 2017. Prior to that in 2004, he was the Group Managing Director of the National Commercial Bank Jamaica Limited.