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SCCL to open 10 new projects in 2016-17
The Singareni Collieries Company Limited (SCCL) is planning to open 10 new projects in the beginning of next financial year (2016-17). The decision was taken in the review meeting of the Projects and Planning Department chaired by N Sridhar, the Chairman and Managing Director (CMD) of SCCL, here on Tuesday.
Hyderabad: The Singareni Collieries Company Limited (SCCL) is planning to open 10 new projects in the beginning of next financial year (2016-17). The decision was taken in the review meeting of the Projects and Planning Department chaired by N Sridhar, the Chairman and Managing Director (CMD) of SCCL, here on Tuesday.
During the meeting, it was decided to produce 660 lakh tons of coal in next financial year, which is 10% additional to the current financial year’s target. “Keeping in view of the growing needs of Telangana state, the SCCL has planned to increase production for the next financial year,” said the CMD.
Several new mines are proposed to be opened in 2016-17, including Bellampally OC -2 , Kasipeta -2, Shanthi Khani Continuous miner, Koyagudem OC-2 Pit-1, J.V.R.O.C.2, Manuguru OCP, K.T.K. OC-2, P.V.K. Continuous miner and KKOC.
They are expected to produce 130 lakh tons per year. N Sridhar has directed the officials to take all necessary steps to open the new mines in the first quarter of the financial year. B Ramesh Kumar, Director (Operations), A Manohar Rao, Director (Projects & Planning) and several other officials were present.
