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.
Deputy Chief Minister Mallu Bhatti Vikramarka said in the 2023-24 financial year, the Singareni Collieries Company Limited recorded a profit of Rs.4,701 crore.
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.
Balram, who held a video conference with general managers of all the coal mines of the company, asked them to take steps to produce at least 2 lakh tonnes of coal everyday.
To supply sufficient coals to thermal plants, the SCCL needs to produce at least 2.20 lakh tonnes per day. However, currently it was able to produce just 1.10 lakh tonnes, creating problems for the plants.
SCCL CMD N Balram said those who have worked for 190 days in underground mines and 240 days in surface mines and departments in a calendar year since joining the organization were being regularized.
The delay over granting recognised status to the union has been attributed to the company’s dilemma over fixing tenure of recognition for the elected union.
The State government has reportedly asked the SCCL management to enter into the field of lithium mining as it would help the company in expanding its presence in other areas.
During the meeting, Odisha Chief Minister Mohan Charan Majhi assured that his government would provide all kind of support to take up coal projects, including Naini coal block
The coal mine area of the State-owned Singareni Collieries Company Limited (SCCL) at Pagideru village of Manuguru region of Bhadradri Kothagudem district has been identified to have the potential of generating 3567 megawatts of geothermal power
Singareni Chairman and Managing Director N Balaram, ONGC Director (Exploration) Sushma Rawat and TGREDCO General Manager Satya Varaprasad signed the agreement on behalf of their respective organisations.