Coal india share bonus

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Fresh linkages to consumers in Non-Regulated Sector (NRS) are granted through auction linkages conducted in terms of the policy formulated by the government on 15th Feb 2016. The coal against the linkages secured in the linkage auctions are supplied under FSAs to be executed for a period of 5 years, the tenure of which can be extended further for 5 years upon mutual consent. In case of Steel Sector, the FSA tenure has been increased to 15 years, with a provision of mutual extension by another 15 years.

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4. Statutory, Secretarial, and Cost Auditors had not resigned during the year 2020-21 In view of the above scenario, the pace of implementation of 1 Bt programme shall definitely be governed by coal demand scenario. Though CIL is all set for implementing the proposed programme on Best-Effort basis for achieving the targets, yet in view of the projections of low demand from power sector and accumulated pithead stock, the review of the programme will be taken up with MoC to avoid lot of wastage of resources and further addition to already huge idle inventory of coal which shall prevent losses due to quality deterioration, incipient fire and pilferage. The review shall also prevent further addition to already accumulated large amount of Trade receivables. Internal Financial Control & its Adequacy : (Details are disclosed in MD & AR portion) 40. ACCOUNTS OF THE SUBSIDIARIES 3.8 Payment of Royalty, Cess, Sales Tax, Stowing Excise Duty, Central Excise Duty, Clean Energy Cess, Entry Tax & Others 1. CIL is undertaking job of complete digitization of seven of its biggest mines for enhancement of coal production through IT initiatives. Tender process is complete and LOI has been issued.

In 2020-21, 77.7% discharged mined water utilized for internal & community use and balance 22.3% used for ground water recharge. During 2020-21, 53,145 employees were trained in house, out of this 9,480 were executives and 43,665 were non-executives. In addition, 2,058 employees were sent outside for training. Thus, a total of 55,203 employees were trained. Copyright © 2021 IIFL Securities Ltd. All rights Reserved. The outbreak of COVID-19 pandemic and imposition of subsequent lockdown resulted in subdued demand of coal by power and non-power sector during FY21 which adversely affected coal production & offtake of CIL. Coal production was regulated due to high pit head coal stock, sufficient coal stock at power houses end and less offtake. CIL also has plans for setting up non-coking coal washeries in MCL. One is under construction and if more demand is there for beneficiated coal at value added prices, 2 more washeries may be set up. Infrastructure Creation

D) Land Reclamation: z Reclamation of the mined out areas and external OB dumps are major environmental mitigatory activities taken up by CIL. C. Vaccination to Health workers and those above 45 years of age with co-morbities In accordance with the provision of the Mines Act, 1952 and Rules and Regulations framed there-under, subsidiaries of Coal India Limited are maintaining various statutory welfare facilities for the coal mines such as Canteen, Rest Shelters etc. 14.2: Safety Policy of CIL: The Members, Coal India Limited Thereafter, to enable the power plants to run their plants with 100% domestic supplies, SLC(LT) enhanced the linkage by the remaining 10% of the normative requirement. z In spite of the subdued demand scenario due to Covid-19, CIL achieved a major milestone during FY 2020-21 by successfully booking 124 MT of coal under E-auction channel. This is the highest booking of coal under E-auction since its inception, surpassing the previous highest booking of 113.6 MT achieved in FY 2016-17. The quantity booked under E-auction during 2019-20 was around 66 MT.

CIL HQ has identified ‘Building energy efficiency project(BEEP) & installation of roof top solar plant with EESL. 2.1 Financial Results (CIL Consolidated) 2.3 Supplementary Audit of Financial Statements by Comptroller and Auditor General of India (C&AG).

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2 thoughts on “Coal india share bonus

  • 02.12.2021 at 13:55

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