Company Profile

Company Name: Coal Bharat Limited

suryadatta
simmc

By : - Dhrubajyoti Goswami
(Marketing+IT)
Division -- A
 Contents
Page
1. Acknowledgement ------------------------------------------------- 3

2. Company Profile
2.1 Chairman’s Message ------------------------------------------ 3
2.2 Company History ------------------------------------------- 4
2.3 Company Vision ------------------------------------------- 6
2.4 Company Mission -------------------------------------------- 6
2.5 Company Philosophy ----------------------------------------- 7
2.6 Objective of Company --------------------------------------- 7

3. Activities
3.1 Location and Subsidiaries ------------------------------------ 8
3.2Type of company ------------------------------------------------ 9
3.3 Board of Directors --------------------------------------------- 10
3.4 Organizational Structure ------------------------------------- 10
3.5 Products/Services ---------------------------------------------- 10

4. Operations
4.1 Production Details ---------------------------------------------- 13
4.2 Mine Safety ------------------------------------------------------ 21
4.3Quality Control by ‘ECO FRIENDLY MINING’-------- 23
4.4 Coal Distribution Policy -------------------------------------- 23
4.5 Market-mix of coal produced ------------------------------- 23
4.6 Customers ------------------------------------------------------- 25

5. Financial Data
5.1 Sources of Funding -------------------------------------------- 27
5.2 Balance Sheet --------------------------------------------------- 28
5.3 Profit/Loss ------------------------------------------------------- 29

6. Learning Experience ----------------------------------------------- 30

6.1 What did I learn? ---------------------------------------------- 31
6.2 It’s relevance to become a manager ------------------------ 31
6.3 How can I put it to practice? -------------------------------- 31
6.4 Conclusion ------------------------------------------------------ 31

2
ACKNOWLEDGEMENT

Apart from the efforts of me, the success of this project depends
largely on the encouragement and guidelines of many others. I take
this opportunity to express my gratitude to the people who have
been instrumental in the successful completion of this project.

I would like to express my greatest gratitude and

appreciation to the people who have helped and supported me
throughout. They are Prof. Dr.S.B.Chordiya, Prof. Lodha and Prof.
Behere, Mr. Manish Sing the staffs in SIMMC, and last but not
least my course mates who have provided me with invaluable
advice and help.

I can’t say thank you enough for his tremendous support,

help and guidance. I feel motivated and encouraged every time I
attend his meeting. Without his encouragement and guidance this
project would not have materialized.

The guidance and support received from all the team

members who contributed and are contributing to this project, was
vital for the success of the project. I am grateful for their constant
support and help.

Chairman’s Message

COAL will for decades continue to be the dominant source of

global energy despite community expectations over climate change,
according to two international industry figures.

Indian coal at the pithead is the cheapest coal in the world. With
low sulphur content, Indian coal is eco-friendly. Our business plan
therefore aims primarily to translate these strong economic
fundamentals of coal into prosperity for the country and the
company.

I believe coal is here to stay as our primary energy source. Coal

production has to grow, India has to consume more coal, and we
can’t deny that.
3
I think the Indian government is in the process of ramping up
electricity supplies to its population of more than one billion, and
our country’s growing economy had pushed energy demand up by
7 percent a year.
But this is true that India is taking climate change seriously and the
coal industry was looking to reduce its environmental impact.

Renewable energies made up 13 percent of world energy

consumption and that was expected to rise to just 14 percent by
2030.
There isn’t actually enough energy of other forms to replace coal.
By 2030, we need it all, we need the coal, we need the oil, we need
the gas, and we need the renewable. 

It’s incumbent upon us as a society to continue to focus on

developing clean coal, because we need the energy.

Background History

The Indian energy sector is largely dependent on coal as the prime

source of energy. After the Indian independence, a greater need for
coal production was felt in the First Five Year Plan. In 1951 a
Working Party for the coal industry was set up, which suggested
the amalgamation of small and fragmented producing units. Thus
the idea of a nationalized, unified coal sector was born.

In the pre-nationalized era coal mining was controlled by private

owners, and suffered from their lack of interest in scientific
methods, unhealthy mining practices and sole motive of
profiteering. The miners lived in sub-standard conditions as well.
1n 1956, the National Coal Development Corporation (NCDC) was
formed with 11 collieries with the task of exploring new coalfields
and expediting development of new coal mines.

Mr. Amitava Goswami initiates commercial coal

1983
mining at Asansol(W.B)

4
 A Nagpur coalfield was established as a subsidiary
1987
in Maharastra.

A Bilaspur coalfield was established. That time it

1988
was in M.P

Minimal development; River transportation used to

Up to
transport coal to Calcutta; railway lines at Calcutta
1990
leads to expansion of Coal Production

Early
Capacity at 6 million tonnes per annum
1992s

Focus on Coal Industry; capacity up to 38.4 Million

1993
tonnes

Coking Coal Industry Nationalized, Bharat Coking

Coal Limited formed to manage operations of all
1995
Coking Coal mines in SINGARAULI Coalfields
LTD...

Coal Bharat Limited formed as holding Company

with 4 subsidiaries viz. Asansol coalfields ltd.
1999 (ACL), Nagpur coalfields Ltd (NCL), Singarauli
Coalfields Ltd.(SCL), Bilaspur Coalfields Ltd.
(BCL)

Coal Bharat & four of its no

2001 Subsidiaries,viz,NCL,ACL,SCL,BCL  was accorded
coveted "Mini Ratna" Status

5
About the company
BANKER Allahabad Bank
S SBI
HDFC
ICICI
Punjab National Bank
Bank of Baroda

SOLICITORS M/s Fox & Mondal

12, Old Post Office Street ,
Calcutta - 700 001

Udayan Sen
10, Old Post Office Street
Calcutta - 700 001

10, Old Post Office Street

Calcutta - 700 001

AUDITORS M/s. Mitra, Kundu &Basu

Chartered Accountants
1,Acharya Jagadish Chandra Basu
Rd,
Kolkata-700020

Vision of Coal Bharat 

To emerge from the position of domestic leader to leading global

player in the energy sector by adopting best practices from mine to
market with due care to environmental and social sustenance.

Mission of Coal Bharat 

6
Produce the planned quantity of coal efficiently and economically with
due regard to safety, conservation & quality.

Target of Coal Bharat

CBL has been consistently increasing its production, sustaining

growth, over years and ended the fiscal 2008-09 with a production of
403.74 Million Tonnes. CBL’s targeted production for 2009-10 is 435
MTs. With the annualized growth rate pegged at 7.6% during the XI
Five Year Plan, and entrusted with a modest coal production of 79
Million Tonnes (MTs) at its inception in 1975, with the task of fuelling
country’s energy needs, CBL is expected to produce about 520.50 by
2011-12.

Company Philosophy

Objectives of Coal Bharat

The objective of the company is the conservation of the scarce coal

resource, particularly coking coal, in India by:

 Stopping wasteful, selective and slaughter mining.

 Planned development of available coal resources
 Improvement in safety standards
 Ensuring adequate investment for optimal utilization consistent
with growth needs
7
Location and Subsidiaries:

Subsidiaries:
SINGARAULI
COALFIELDS LTD.

NAGPUR Coal Bharat LTD. ASANSOL

COALFIELDSLTD. COALFIELDS LTD.

BILASPUR
COALFIELDSLTD.

CBL

Coal Bharat Limited (CBL) is a Public Limited company of India,

with Headquarters in Kolkata, West Bengal. With proven coal
reserves of 105.82 Billion Tonnes out of total reserves of 267 Billion
Tonnes (as on 1 April 2009) Coal Bharat plays a pivotal role in
Indian energy scenario.

CBL joined the select band of significant players in the economic

development of the country. The elevated status provides more
financial and operational autonomy to CBL and it can take decisions
8
 on its own for investing in projects. CBL shall be even more diligent
and responsive to the needs of its consumers.

NCL

Nagpur Coalfields Limited is one of the four Subsidiary Companies of

Coal Bharat Limited (CBL) . The Company incorporated under the
Companies Act, 1956 has its registered office at Coal Estate, Civil
Lines, Nagpur–440001.

The Company has contributed about 9.5% of the national coal

production during 2007-08. It has mining operation spread over the
states of Maharashtra (in Nagpur, Chandrapur & Yeotmal Districts) and
Madhya Pradesh (in Betul and Chhindawara Districts).

BCL

The coal deposits of BCL occur in five districts i.e. Bilaspur, Korba,
Raigarh, Surguja &Korea in Chhattisgarh and three districts Shahdol,
Umaria, Anuppur district in Madhya Pradesh. This occurs in the great
Son Mahanadi master basin.

SCL

A subsidiary company of Coal Bharat Limited. Its headquarter is

located at Singrauli, Distt. Sidhi (M.P.). Singrauli is connected by road
with Varanasi (220 Km.)

ACL

A subsidiary company of Coal Bharat Limited. Its headquarter is

located at Asansol (Dist. Burdwan, West Bengal)

Type of company: Public Limited

9
 Board of Directors
Dr. Dhrubajyoti Goswami (Chairman)
Mr. Ravi Nawani (Finance)
Dr. Jamal Mazhar (Marketing)
Mr. Goutam Dhar (Technical)

Organizational Structure and key Departments in the

company
Board of Directors

Chairman

Corporate
Communication

Director Director Director Director

(Finance) (Operation) (Project &Panning) (Personnel)

Finance Production Corp. Plg. & Proj Personnel

Accounts Industrial Engg Civil Engg. HRD

Internal
Quality Control Safety & Conservation and Rescue Welfare
Audit
Systems Sales & Mkt. Electronics & Tele-Communication Medical

New Technology Security

Land & Revenue Legal

Environment

Products/Services
• Coking Coal
10
 • Semi Coking Coal
• Non Coking Coal
• Hard Coal
• WASHED AND BENEFICIATED COAL
• MIDDLINGS
• REJECTS
• TAR / HEAVY OIL / LIGHT OIL / SOFT PITCH

Coking Coal:
These coals, when heated in the absence of air, form coherent beads,
free from volatiles, with strong and porous mass, called coke.

 These have coking properties

 Mainly used in steel making and metallurgical industries
 Also used for hard coke manufacturing

Semi Coking Coal:

These coals, when heated in the absence of air, form coherent beads not
strong enough to be directly fed into the blast furnace. Such coals are
blended with coking coal in adequate proportion to make coke.

 These have comparatively less coking properties than coking coal

 Mainly used as blend-able coal in steel making, merchant coke
manufacturing and other metallurgical industries

Non Coking Coal:

These are coals without coking properties.

 Mainly used as thermal grade coal for power generation

 Also used for cement, fertilizer, glass, ceramic, paper, chemical
and brick manufacturing, and for other heating purposes

Hard Coal:
Hard coke is formed from coking / semi-coking coal through the
process of carbonization.

 Mainly used in metallurgical industries

11
 Also used in industrial plants utilizing furnaces

Washed and beneficiated Coal:

These coals have undergone the process of coal washing or coal
beneficiation, resulting in value addition of coal due to reduction in ash
percentage.

 Used in manufacturing of hard coke for steel making

 Beneficiated and washed non-coking coal is used mainly for
power generation
 Beneficiated non-coking coal is used by cement, sponge iron and
other industrial plants

Middlings:
Middlings are by-products of the three stage coal washing /
beneficiation process, as a fraction of feed raw coal.

 Used for power generation

 Also used by domestic fuel plants, brick manufacturing units,
cement plants, industrial plants, etc.

Rejects:
Rejects are the products of coal beneficiation process after separation of
cleans and / or middlings, as a fraction of feed raw coal.

 Used for Fluidized Bed Combustion (FBC) Boilers for power

generation, road repairs, briquette (domestic fuel) making, land
filling, etc.

Tar/Heavy Oil/Light Oil/Soft Pitch:

These are produced using low temperature carbonization of non-coking
coal in vertical retorts. Used in furnaces and boilers of industrial plants
as well as power houses, oil, dye, pharmaceutical industries, etc.

12
Production Details:
Total
EQUIPMENT
Nos.

DRAGLINE 24/96 w200: 12 nos.; ESH 20/90: 04 nos.; 15/90 ESH: 01 no.;
19
10/70 ESH: 02 nos.

SHOVEL 20 CuM: 03 nos.; 12.5 CuM: 09 nos.; 11 CuM: 01 no;

112
10 CuM: 62 nos.; 9.5 CuM: 03 nos.; others: 34 nos.

DUMPERS 170T: 23 nos.; 120T: 153 nos.; 85T: 383 nos. 559

DRILLS 311mm: 10 nos.; 250mm: 85 nos.; 160mm: 35 nos.; 100mm: 03

133
nos.

DOZERS 770 HP: 07 nos.; 480HP: 08 nos.; 460HP: 01 no.; 410HP: 155
nos.; 184
others: 13 nos.;

PAYLOADERS 5.7 CuM: 08 nos.; 3.5 CuM: 01 nos.; others: 04 nos. 13

GRADER 280 HP: 36 nos.; 145 HP: 13 nos. 49

WATER SPRINKLER 85 T: 11 nos.; 50 T: 03 nos.; 35 T: 37 nos.; 53

CRANE 90T: 05 nos.; 75T: 03 nos.; 70T: 1nos.; 60T: 05 nos.; 50T: 01 no.; 65
40T: 02 nos.; 30T: 06 nos.; 18T: 12 nos.; 10T: 6 nos.; others: 24 nos.  
TYRE HANDLER BEML: 14 nos.; LANSING: 02 nos.; TEXMACO: 03 nos. 19

TRAILER BDCH 60T: 04 nos. 04

COMPACTOR CAT 82-5B: 02 nos. 02

Coal Production Method

A five step process to deliver a quality product.
Coal production takes place through a five step process to deliver a
quality
product with a focus on reducing long term environmental impact.

The five steps of the coal production process include:

1. Exploration and development

2. Mining
3. Processing
13
 4. Loading and transportation
5. Rehabilitation.

Exploration and development

The first stage to any coal production operation is exploration and

development. This takes place to locate and determine the most
appropriate methodology to extract the mineral.

Exploration and development involves the combined efforts of

geologists, geotechnical engineers, mining engineers, coal technologists
and surveyors.

The geologist is responsible for defining the shape, size and quality of
the coal reserves and for producing a computer model.

This model is used by the mining engineers to plan and manage the
mining process taking into consideration:
 

 Mine wall stability

 Scheduling of coal production at a consistent rate and quality
 Controlling groundwater seepage and rainwater runoff
 Mining block and backfill designs for minimal
possible overburden removal distance
 Optimizing equipment deployment and productivity
 Minimizing operational interruptions
 Optimizing drill and blast practices.

Surveyors support both the geologists and mining engineers by ensuring

that the data required for deposit modeling is correctly gathered in the
first instance. Surveyors also confirm that the engineers' mine plans are
accurately reflected in the mine development.

As Coal's mining occurs in soft, saturated sediments, sometimes at great

depth, Coal has had to achieve high standards of professionalism in the
above disciplines.

Once land has been prepared mining can commence.

14
Mining
As was the case 50 years ago, most coal is produced from two major
types of mines-- underground and surface.  But the methods for
recovering coal from the earth have undergone drastic changes in the
past 25 years, as a consequence of technological advances.

Fifty years ago when most coal mining was done manually,
underground mines accounted for 96 percent of the coal produced each
year.  Today, almost 60 percent is produced from surface mines.  Most
underground mines in the United States are located east of the
Mississippi River, although there are some in the West, particularly in
Utah and Colorado.

More than two-thirds of the coal produced underground is extracted by

continuous mining machines in the room-and-pillar method.  The
continuous mining machine contains tungsten bits on a revolving
cylinder. The continuous miner breaks the coal from the face and then
conveys it to a waiting shuttle car which transports it to the conveyor
belt to be moved to the surface.  No blasting is needed.  After
advancing a specified distance, the continuous miner is backed out and
roof bolts are put in place.  The process is repeated until the coal seam
is mined..

15
Another method, called longwall mining, accounts for about 20 percent
of production.   This method involves pulling a cutting machine across
a 400 to 600 foot long face (longwall) of the coal seam.  This machine
has a revolving cylinder with tungsten bits that shear off the coal.  The
coal falls into a conveyor system which carries it out of the mine.  The
roof is supported by large steel supports, attached to the longwall
machine.  As the machine moves forward, the roof supports are
advanced.  The roof behind the supports is allowed to fall.  Nearly 80
percent of the coal can be removed using this method.  The remaining
11 percent of underground production is produced by conventional
mining which uses explosives to break up the coal for removal.

Half of the minable surface coal in the United States is located in the
West, but significant amounts are also present in Appalachia and
Midwestern states.  Surface mining is used when the coal seam is
located relatively close to the surface, making underground mining
impractical. 

Before a company can surface mine, it must gather information about

the site regarding growing conditions, climate, soil composition,
vegetation, wildlife, etc.  With this information, the company then
applies to the state or federal government for a permit to mine.  The
company must post a bond for each acre of land it mines to assure that
it will be properly reclaimed.

16
Most surface mines follow the same basic steps to produce coal.  First,
bulldozers clear and level the mining area.  The topsoil is removed and
stored for later use in the reclamation process.  Many small holes are
drilled through the overburden (dirt and rock above the coal seam) to
the coal seam.  Each is loaded with explosives which are discharged,
shattering the rock in the overburden.  Giant power shovels or draglines
clear away the overburden until the coal is exposed.  Smaller shovels
then scoop up the coal and load it onto trucks, which carry the coal to
the preparation plant.

Once the coal is removed, the land is returned to the desired contour
and the topsoil is replaced.  Native vegetation and/or trees are planted. 
Coal companies operating surface mines must comply with strict
requirements and regulations of the Federal Surface Mining Control and
Reclamation Act.  A crucial part of the surface mining process is
restoring a mined site to acceptable ecological conditions, which means
it must be made as productive as it was prior to mining.  There are
farms, parks, and wilderness and recreation areas on what was once
surface mines.

The major stigma associated with the coal industry today is the
abandoned or "orphan" mines of the early coal mining years. These
orphan mines are systematically being reclaimed under the Surface
Mining Act taxes coal producers at the rate of 35 cents a ton for surface
mined coal, 10 cents a ton for lignite mined coal, and 15 cents a ton for
underground mined coal.  The tax is paid to the government and is used
to reclaim the orphaned mines.

17
Processing
Processing involves crushing, screening and beneficiation.

Processing takes place at Griffin Coal's Ewington Mine. It is a

process wherein coal is converted from Run of Mine to a
product that meets the customer's requirement.

Crushing

Mined coal can include lumps up to a meter in size, so

crushing to a manageable size is required. Coal crushing can
include a two stage process dependant on deposit size.

Crush One: Feeder Breaker

Coal is crushed in a feeder breaker, a chain conveyor under a

toothed drum that breaks the biggest lumps.

Crush Two: Sizer

Coal size is further reduced through a sizer, where each

oversize particle is reduced to less than 75 millimeters.

Screening

Screening is used to separate different sizes of crushed coal. In

this process coarse and fine coal is separated so to
accommodate for specific markets and industrial usage.
Screening takes place at a processing plant adjacent to the
Mine.

Coal’s screened coal is ideal for burning in horizontal kilns. In

these kilns uniform particle grading is used to create even
combustion along the length of the kiln. Coarser coal is also
required by customers who burn coal in grate–fired
applications.

Beneficiation/Washing

Beneficiation has been trialed at factory. During beneficiation,

coal is processed to remove impurities reducing ash and
sulphur thereby improving the market value of the coal.
18
Beneficiation can improve the quality of contaminated coal
that would otherwise be wasted.

Most cleaning processes involve washing the coal in order to

separate coal particles from stone particles as coal is
considerably lighter.

Charring

Coal can be charred, a process wherein hydrogen and oxygen

are removed from the coal to make it purer form of carbon.
Once processed according to specifications, coal is loaded and
transported accordingly.

Loading & Transportation

Preparation of coal for sale to industrial customers is an

integral aspect of Ewington operations. Coal preparation
involves crushing, screening and loading trucks and trains. A
variety of products are produced to specification for size and
quality.

All coal consignments are sampled to Australian and

International Standards and analysis is undertaken by an
independent NATA accredited laboratory.

At this point it is important to rehabilitate the environment so

as to return it to its natural state.

Rehabilitation

Restoring the environment to its natural state.

Mine site rehabilitation is important to environmental

sustainability. Rehabilitation involves returning the land
to its natural state post mining through strict, well
researched strategies of revegetation and the regeneration
of natural ecosystems. Work to restore disturbed areas is
carried out progressively as soon as practicable.

19
Griffin Coal’s environmental commitment includes the
progressive rehabilitation of its mining operations. The
objective of mine rehabilitation is to create a structurally
stable landform capable of future productive use.

Rehabilitation also occurs to return land to a scale and

morphology similar to that which exists elsewhere in the
Collie Basin.

Rehabilitation involves a comprehensive process of

classifying overburden material, land recontouring,
seeding and regeneration.

1. Overburden Material Classification

Overburden material is classified according to its potential
to cause geochemical impacts (acid rock drainage) on the
environment. Dumping of waste material is undertaken so
the best materials end up near the surface of waste
landforms and the other material is encapsulated in the
middle.

2. Land Recontouring
When the landforms are no longer needed for mining or
dumping purposes the slopes are recontoured to around 10
degrees to control surface runoff and to ensure a stable
slope. Topsoil is then spread to a depth of 150 millimeters
before the area is contour ripped, fertilized and seeded
with local natives.

3. Seeding
Rehabilitation areas are seeded at the break of the winter
rainy season, and initially are susceptible to erosion
damage until germination and root development has
occurred. Historically dumps were rehabilitated to pasture
species. This approach was chosen to stabilize the dump
outslope quickly to prevent erosion. More recently efforts
have been directed to the re-establishment of native flora.

4. Regeneration
Native species do not germinate and develop until the
20
following spring, therefore the potential for massive
erosion is present during the winter. A strategy has been
developed whereby native bush species comprising
grasses, groundcovers, shrubs and trees, are sown together
with a "nurse" crop of cereal rye.

The cereal rye germinates quickly and stabilizes the

surface through the winter and the natives emerge the
following spring. The seed mix includes Jarrah, Wandoo,
Flooded Gum, numerous Acacias and understory species.

Production (Figs in Million Tonnes)

Type 2005- 2006- 2007- 2008-
Subsidiary 06 07 08 09
NCL U/G 9.65 10.04 9.92 9.98
OC 31.76 33.17 33.30 33.53
Total 41.41 43.20 43.21 43.51
BCL U/G 16.52 16.20 16.74 17.57
OC 66.50 72.30 77.05 83.58
Total 83.02 88.50 93.79 101.15
SCL U/G 9.34 8.27 8.32 8.39
OC 21.78 22.20 15.74 19.74
Total 31.11 30.47 24.06 28.13
ACL U/G 4.90 4.46 4.13 1.65
OC 19.30 20.75 21.38 8.53
Total 24.21 25.21 25.51 10.20

Operational Statistics
OBR(MCUM) OMS(Tonne) OFFTAKE(MT)
Overall
2008- 645.13 4.09 401.46
21
 09
2007- 607.56 3.79 375.33
08
2006- 537.65 3.54 351.14
07
2005- 533.95 3.26 333.67
06
“
Mine Safety
We have always given the highest priority towards ‘Safety’
considered as a part of our core production process. There is
significant improvement in our safety performance for-

 Commitment by the management, workers & regulators

 Advanced & continuous training of the work force.

 Technological advancement in the field of mining

method and better equipment design.

 Well thought out & conscientious safety awareness

drives.

Objective of mind safety is to achieve ‘zero harm

potential in all mines.

Following thrust areas have been identified

 Steel support such as roof bolting/ roof stitching is

being implemented to replace timber. Scientific study
such as RMR for support design is being carried out
by scientific cell establish under safety department.

 Hydraulic/ pneumatic drilling of roof bolts holes

 Roof bolting with resin and cement capsules

 Extensive training and retraining of all category of

workers, supervisory stall and executives at Area and

22
 company level.

 Telemonitoring system for c0ntinucus monitoring of

underground mine environment parameters in respect
of methane and carbon monoxide gas is provided in 4
mines of WCL. Shortly 2 or more mines are going to
be provided with Telemonitoring System" at Mathani
and Mahakali Mine.

 Risk Assessment as a tool for development of

appropriate health and safety management system is
being introduced

 Man-riding System has been introduced in Tandsi

Mine. Same is being considered for mines having
arduous travel.

 Roof Strata behavior is being monitored by installing

Tell -Tale, bore hole extensometer for recording
convergence.

 Safety Audit of all the mines is completed

 Drive on Inspection of Belt Conveyor is conducted

 Random testing of roof bolts installed before six

month to judge its efficacy is being carried out.

Quality Control by ‘ECO FRIENDLY MINING’

 The company is highly concerned about protection of the
environment and has taken several steps in this regard.
 More than 2 crores (2,35,29,240) saplings have been
planted till 1.4.2007 with over 90% survival rate.
 In the year 2006-07 total 4,90,000 saplings  have been
planted.1562 ha mined out land has already been
reclaimed . Regular monitoring of air, water and noise
pollution for mines.
 Total  backfilling of about 2673 ha of land has been done.
23
  Research studies have been undertaken by various
research institutes at company’s initiative for self
sustaining eco-restoration system on overburden dumps
and other mined out areas.
 Company was awarded Greentech Environment
Excellence Silver Award ,New Delhi in 2004-05 and
Kunwar Yudhwir Singh Afforestation award ,Raipur in
2005

Coal Distribution Policy

 Classification of Consumer
 Distribution & price of coal to different consumers
 Power utilities including independent power plants
&fertilizer sector
 Coking coal to integrated steel plants
 E-Auction of coal

Market-mix of coal produced in CBL

 Approximately 30 percent of coal is being marketed to
steel sector
 50 percent of coal is being dispatched to power and
fertilizer sectors.
 18 percent of coal is being marketed to noncore sector
consisting of different types of industrial units, cokery
units, Brick kilns, cement industry etc
 2 percent of coal is being used towards internal
consumption
Offtake Offtake 08-
Sector 09 (mt)
Steel 3238.25
Power 3311.26
Fertilizer 2331.74
Cement 3330.01
Internal
3330.66
Consumption
Total Offtake 15541.92
Promotional Activities:

24
CBL is committed to satisfy the needs of the consumers. The
main commitment of CBL is to supply good quality coal at
right price in right time to the consumers. For the maintenance
of quality of coal proper crushing, deshaling, shale picking,
proper loading & weighment through electronic weighbridge
and stock yards are being done. CBL is visualising the
requirment of the consumers, analysing their needs and also
extending technical counseling to the consumers.

Special efforts are being made for the consumers' grievances

redressal and complaints resolution.

CBL has adopted the philosophy of "Societal Concept of

Marketing". Several professional personnel have been inducted
and processes of marketing research has been adopted.

For Eco-friendly measures, CBL has started beneficiating non

linked washery coal at Dugda Washery for power houses.

For boosting the coal sale for noncore sector, special scheme
under "Open Sales Scheme" has been adopted under which any
buyer can purchase the coal on the first come first serve basis
as per the guide lines of the scheme.

For the conveniences of the consumers cash road sale is being

done at CBL(HQ), Koyla Bhawan while cash rail sale is being
done at CBL, Calcutta office.

CBL has risen to the occasions to fulfill the needs of

metallurgical coal & Non Linked Washeries and non coking
coal for all round infrastructural development of the country.

HOW TO GET COAL

Coal can be purchased through following system:-
1. LINKAGE/SPONSORSHIP :Consumers who have
permanent requirement can get coal by establishing
linkages with CBL. Seasonal consumer get coal based
on state sponsorships only
2. LIBERALISED SALE SCHEMES : For the benefit of
25
 consumers who cannot get linkages/sponsorships, Coal
company has started two liberalized sales schemes viz
Open sale scheme(De-regulated Coal), OSS(DC) and
Liberalized sales scheme (Modified) LSS (M).The fover
cover sale of coking coal and A,B,C and D grades of
non-coking coal. The later covers E,F and G grades of
non-coking coal.CBL at present do not offer coal for
sale under LSS(M). The details of OSS (DC) scheme are
given here under.
Customers
Customer Satisfaction

NCL has adopted II Maintenance of "Quality of Coal supplies"

and "Customer satisfaction" as the key result areas.

The following steps are being taken in this direction :

Ensuring RIGHT Grade :

 By following right mining practices for eliminating

extraneous material getting mixed with good quality
coal.

 By adopting beneficiation methods like picking of shale

& stones.

 By Sampling & Analysis through independent agency at

loading / unloading points.

 
Ensuring RIGHT Size: By creating sufficient crushing &
optimization of blasting. 

Ensuring RIGHT Weight: 100% weighment through

Electronic Weigh-bridges with printout faility and introducing
computer  at all weigh-bridges. 

Ensuring supply at RIGHT Time:

26
  By providing uninterrupted loading at sidings with
proper loading capacity augmentation & maintaining
sufficient Stocks at sidings with effective liaison with
railways.

 Constant liaisoning is maintained with all the customers

and feedback is collected from them.

 Prompt actions are taken on the complaints received.

 Regular consumer meets are held where all major &

small consumers are invited to ventilate their
views freely and suggestions are accepted and evaluated
for implementation.

Consumer List
1. J. K. TYRE & INDUSTRIES LTD.(W.B),
2. LAFARGE INDIA PRIVATE LIMITED(U.P)
3. GUJARAT NARMADA VALLEY FERTILIZERS
COMPANY LIMITED (Gujarat)
4. HIRA POWER & STEELS LTD(Orissa)
5. IND POWER LIMITED(M.P)
6. STEEL AUTHORITY OF INDIA
LIMITED(Chhattisgarh)
7. GODAWARI POWER & ISPAT LTD(A.P)
8. HI-TECH POWER AND STEEL LTD(Jharkhand)
9. INDIAN STEEL & POWER PVT. LTD(Delhi)
10.VISHWA FUEL INDUSTRIES(Tamilnadu)
These are our primary customers whom we have been
providing service by selling our high quality coal as per their
requirements for a long period of time.

Financial Data
Sources of Funding

2008-09 (in billions)

27
 INTERNAL
42.26
RESOURCES

BUDGETORY
13.28
RESOURCES

BORROWINGS 25.81

TOTAL
AVAILABLE 81.35
FUND

Year 2008-09 (in crores)

Profit before Tax & 5744.10
Dividend
Cost of Production 663.42
Gross Sales 45796.59
Net Sales 38788.83

Payment Year
(in crores) 2008-09
Royalty 4300.97
Cess 1065.85
Sales Tax 1406.18
Total 6773.0
BALANCE SHEET AS AT 31st MARCH
(in Crores)
PARTICULARS 2008-09
SOURCE OF FUND
SHARE CAPITAL 297.10
RESERVES & SURPLUS 1343.88

28
PROFIT & LOSS A/C 1794.26
LOAN FUND 112.98
DEFERRED TAX LIABILITIES 29.18
Total 3577.4
APPLICATION

FIXED ASSESTS:

GROSS BLOCK 3782.45

LESS DEPRECIATION 2398.13
LESS IMPSIRMENT OF 85.75
ASSETS
NET BLOCK 1298.57
CAPITAL WORKS  IN 187.65
PROGRESS
SURVEYOFF ASSETS 11.36
INVESTMENTS 272.77
DEFERRED TAX ASSETS 315.83
CURRENT ASSESTS : LOANS & ADVANCES :
INVENTORIES 301.43

SUNDRY DEBTORS 126.02

CASH & BANK BALANCE 2262.20

LOANS & ADVANCES 2490.98

SUB TOTAL 5180.63

LESS: CURRENT LIABILITIES 3689.41

NET CURRENT ASSETS 1491.22

TOTAL 3577.40

PROFIT / LOSS

2008-09
PARTICULARS
TURNOVER 5681.34
SALES 4909.18
OTHER INCOME 507.63

29
 ACCRETION/ DECRETION IN STOCK (-) 54.08
TOTAL : 5362.73
EMPLOYEE  REMUNERATION 1910.02
CONSUMPTION OF STORES & 762.88
SPARES
POWER & FUEL 225.63
REPAIRS (PURCHASED) 117.40
CONTRACTUAL EXPENSES 491.84
SOCIAL OVERHEAD 228.14
DEPRECIATION 185.65
INTEREST 4.33
PROVISIONS 45.68
OTHER EXPENSES :
OBR ADJUSTMENT 262.77
OTHERS 208.32
TOTAL : 4442.66
PROV. FOR TAXATION 487.96
DEFERRED TAX (-) 169.52
PROFIT AFTER TAX 611.78

 PARTICULARS 2008-09
CAPITAL EMPLOYED (N.F.A. 2846.06
+N.C.A)
NET WORTH( PROFIT/LOSS) 2814.14
LOAN 112.98
DEBT/EQUITY RATIO 0.04:1
NET PROFIT FOR THE YEAR 32.33
AS % TO CAP. EMPLOYED
DEBTORS AS % TO SALES  5.73
30
 (INCL. LEVIES)
INVENTORY OF STORES & 0.91
SPARES IN NO. OF MONTHS
CONSUMPTION
VALUE ADDED/EMPLOYEE 590.60

Learning Experience
What I learnt
I learnt that:
1) Indian coal at the pithead is the cheapest coal in
the world. With low sulphur content, Indian coal
is eco-friendly. CBL’s business plan therefore
aims primarily to translate these strong economic
fundamentals of coal into prosperity for the
country and the company.
2) steps of coal mining
3) Utilization & significance of coal which is
inevitable to maintain the civilization.
4) The balance sheet, profit-loss account of a firm.
5) product distribution policy, sales & marketing
policy of a company
6) Quality control & customer satisfaction policy of
an organization
7) Organization structure.

How it is relevant to my approach to become a manager.

A manager whatever may be his role to a company-finance,
marketing, production; IT- is always expected to have some
basic/minimum knowledge in all those aspects. Because
decision making ability is a very important skill reqd. to be a
successful manager. And all those aspects are related to each
other.

How I can put it to practice

This company profile project has worked on me as a driven
force. Now I can understand how important it is. I am
interested also to put it to practice for the enhancement of my
knowledge which is reqd. to face the interview for managerial
job. I should not only be confined to a particular sector. I can
be more focused to a specific sector like automobile or

31
software etc. But an overall knowledge I should attain by
studying the profiles of different companies to know what is
happening in the corporate world. How they face the challenge
of survival in this competitive world, what are the ways of
making profit in different situations. Now there should be the
strategy for doing that.
While doing that
1) Having internet service very essential to study the
website of the concerned company.
2) If any business policy or any term I cannot
understand I should consult to the knowledge
faculties.
In future, if I would be in a position to establish a company,
that time this knowledge of making company profile will be
beneficial to me.
Conclusion
Gathering knowledge on business and organization involved
in business will give me an extra edge over others in this
competitive world to be a successful manager to serve my
company effectively & efficiently.





32
33
 

34