The 3rd Conclave on Explosives Organised by Indian Oil Corporation Limited IBP Division, Business Group (Explosives) was inaugurated at Hotel Taj Gateway Kolkata recently by lighting the ceremonial lamp in the august presence of Director (P&BD) & Director (I/C-IBP Division) Debasis Sen, Coal India Limited(CIL) Chairman Sutirtha Bhattacharya, Chief Controller of Explosives (CCOE)–PESO, Nagpur S Kamal, Mahanadi Coal Fields Limited (MCL) CMD Anil Kumar Jha, Central Coalfield Limited(CCL) Director (Technical) P K Tiwari and ISM Dhanbad Director D C Panigrahi.
The programme began with the launching of “INDOGEL”-IndianOil’s flagship Explosives Brand followed by release of special edition of Mines, Metals and Fuels by the dignitaries. During the inaugural address, Coal India Limited(CIL) Chairman Sutirtha Bhattacharya emphasised on creating an Economical and Ecological Balance for sustainable business environment. He urged to create a task force to work on the ideas emanating from the conclave and its effective implementation. PESO CCOE S Kamal elaborated on the safety practices and the role of PESO in the current business scenario.
MCL CMD A K Jha, emphasised on the active co-operation between IOCL & CIL. He also highlighted IndianOil’s role towards CIL’s productivity and stressed the need of continuous supply of quality explosives in view of the prospective projected coal production target of 1 billion mt by 2020. Speaking on the occasion, ISM Director D C Panigrahi stressed on the need of technological developments in the field of explosives manufacturing and its applications.
Director (T) CCL P K Tiwari, elaborated and stressed on slashing of production costs and exploring new technology to embrace the same for attaining higher productivity at optimal cost. Director (P&BD) & Dir(I/c) IBP Division Debasis Sen, delivered the key note and welcomed the august gathering. In his address he complemented all the stakeholders of IOC explosives division and highlighted CIL’s patronage for Indian Oil’s explosive business. CIL is the biggest customer of Indian Oil’s explosives business portfolio accounting for nearly 89 per cent of sales volume. He complimented explosives team on achieving a business growth of 44 per cent and augmenting storage capacity by 50 per cent in last fiscal.