NCL ups coal output by 61%, sets record
The company has not only crossed the assigned target for FY 15-16, but registered the double digit growth of 10.7 per cent in comparison to the last year’s coal output.
NCL has also crossed its coal offtake target of 78.10 million tonnes and has achieved 78.51 million tonnes in the just concluded financial year. Similarly, Company’s over burden (OB) removal target for FY 15-16 was set at 260 million cubic meters against which the company has achieved a 61.26 per cent growth rate with an output of 339.64 million cubic meters. CMD Tapas Kumar Nag and company’s functional directors have congratulated the team NCL for achieving all key targets and setting a new pinnacle of success.
Nag said that coal production and offtake targets for the new financial year 2016-17 have been set at 82 million tonnes each, which he hoped to achieve within time with the help of dedicated manpower and team work.
The company’s performance in the field of corporate social responsibility (CSR) has also been outstanding in the just concluded financial year.