"n-balram"

SBI has agreed to support Singareni Collieries Company Limited’s upcoming “Singareni Global” projects. SCCL plans to expand into critical minerals, gold and copper exploration, and large-scale renewable energy ventures, including solar, thermal, pumped storage, green hydrogen, and methanol production

SCCL received licences from Union Minister G Kishan Reddy to explore gold and copper in Karnataka's Devadurga region. Won in a March auction covering 199 square kilometres, the handover occurred at a Hyderabad seminar.

Singareni Collieries has earned national-level Five Star Ratings for four of its coal mines under the Ministry of Coal’s annual performance evaluation. CMD N. Balram received the awards in Mumbai from Union Minister G. Kishan Reddy, marking a first-time achievement of this scale for SCCL.

Singareni Collieries has announced aggressive new daily targets to recover production losses caused by recent heavy rains. CMD N. Balram has stressed boosting underground mining, reducing costs, enhancing coal quality, and accelerating project clearances.

CCL CMD N Balram warned that the 136-year-old company faces an existential crisis due to rising competition, cheaper coal from rivals and imports, and renewable energy growth. He urged employees to boost productivity and cut costs to retain customers

At a review meeting held with officials and contractors at Singareni Bhavan in Hyderabad, Balram directed all stakeholders to expedite pending works, making it clear that no further extensions would be granted beyond October.

SCCL has extended the last date to apply under the Rajiv Gandhi Civils Abhaya Hastham scheme till July 12. Telangana candidates who cleared Civils Prelims can avail Rs 1 lakh assistance. Children of Singareni employees are also eligible

The CMD highlighted that Singareni rescue teams had recently rendered commendable service during the Srisailam tunnel mishap, a fire accident in Hyderabad, and an accident in Tamil Nadu, earning widespread appreciation.

Expressing satisfaction over the performance, SCCL Chairman appreciated the efforts of all teams in achieving the set targets. He instructed officials to ensure uninterrupted coal production from opencast mines during the ongoing monsoon season.

SCCL has already implemented a Rs 40 lakh accidental insurance scheme for contract workers through PNB.

This accident insurance scheme implemented in Singareni has now been adopted by states such as Assam, Uttar Pradesh, and even by Coal India Limited.

To enhance production by encouraging the workers, the CMD took out the two-day yatra, as part of which he visited coal mines in different areas

Since the government allowed private companies to explore coal in the country, the monopoly of SCCL as the single largest coal producer in south India was being challenged

Balram, who held a review meeting with general managers of all the coal areas through virtual mode on Tuesday, asked them to tighten their belts and work towards achieving the target.

The QR codes would be placed in mines, offices, and various departments, and workers and locals could scan them and get the latest information about Singareni

According to company CMD N Balram, Mars India Antennas and RF Systems, Kanpur had been given the task of setting up a one megawatt capacity battery energy storage system as a pilot project

Company Chairman and Managing Director N Balram during a recent meeting with the workers expressed serious concern over the high cost of coal production and asked officials to find solutions to bring it down.

Singareni CMD N Balram said 33 per cent of the profits made by the company would be distributed as a bonus to the coal workers on October 9

During the tour the Deputy Chief Minister will visit the headquarters of leading companies and meet with investors at the international expo related to mining and green power sectors.

Singareni Collieries Company Limited CMD N Balram said the way coal production was picking up the company's turnover was likely to increase four fold in next few years.