MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF COAL, POWER AND NEW AND RENEWABLE ENERGY
(SHRI PIYUSH GOYAL)
(a)&(b): Performance of Coal India Ltd. (CIL) is periodically reviewed in the Ministry. Particularly, projects having more than 3 MTY capacity and with capital expenditure of more than Rs. 500 crores are reviewed by Secretary (Coal) on quarterly basis. Major infrastructure projects are reviewed regularly.
Financial performance of CIL and its subsidiary companies, in terms of profit before tax (PBT), as per audited accounts of the last three years and the current year (Half year ending as on 30.09.2015 are as follows:
(Rs.in Crore)
Subsidiary 2012-13 2013-14 2014-15 2015-16
( as on 30.09.2015)
ECL 1897.18 1299.28 1782.41 218.83
BCCL 1709.06 2089.01 1154.22 349.66
CCL 2683.56 2525.87 2740.34 1553.32
NCL 4420.58 3355.71 3713.47 1773.10
WCL 428.87 325.86 544.79 (-)49.40
SECL 6290.37 7202.40 5659.46 2578.67
MCL 6202.48 5429.08 5314.24 3147.65
CMPDIL 29.77 34.60 39.33 16.89
CIL standalone (net of dividend received and adjustment) 1317.17 617.73 635.66 95.07
Total CIL (Consolidated) 24979.04 22879.54 21583.92 9683.79
--2/-
-2-
(c): The focus of the Government is on increasing coal production to the extent possible by facilitating Environment & Forest clearances expeditiously, pursuing with State Government for assistance in land acquisition and coordinated efforts with Railways for movement of coal. Steps have also been taken by CIL and its subsidiaries to augment coal production which includes capacity addition from new projects and use of mass production technologies. The details of ongoing projects, state-wise, costing Rs 20 Cr and above and presently under various stages of implementation are as follows:
Sl. No. State No of Ongoing Projects
1 Assam 04
2 Chhattisgarh 29
3 Jharkhand 26
4 Madhya Pradesh 11
5 Maharashtra 22
6 Odisha 20
7 Uttar Pradesh 01
8 West Bengal 14
127
(d): So far as corporate social responsibility is concerned, CIL and its subsidiaries follow the Department of Public Enterprises (DPE) guidelines on the subject effective from 1.4.2014. These guidelines are based on Section 135(I) of Companies Act, 2013 which stipulates that at least 2% of the average net profit of the company for the three immediate preceding financial years should be spent on CSR activities. Accordingly, CIL has formulated its policy.Subsidiary companies of CIL undertake various projects for community welfare under CSR in and around the mines.
****
Download PDF Files
