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Journalism of Courage
The Central Coalfields Limited recorded the highest-ever coal production digging 47.08 MT coalduring 2009/10 fiscal,registering a growth of 9 per cent.
8220;The record production reflects an increase of 3.84 MT production compared to the previous year,the highest ever in the history of CCL,8221; Chairman-cum-Managing Director R K Saha said in a release at a news conference in Ranchi.
Bouyed by the achievement,the CCL set the production target at 50 MT for the fiscal 2010-11.
The CCL8217;s contribution to the exchequer by way of royalty and taxes has also registered an increase,contributing Rs 1,466 crore in comparison to the previous fiscal8217;s Rs 1,288 crore,the release said.
The gross turnover attained a new high of Rs 6,790 crore in comparison to the previous year8217;s Rs 5,978 crore and the estimated PBT almost doubled to Rs 1,500 crore from last fiscal8217;s 763.80 crore,he said.
The net worth of the public sector stood at Rs 2,644 crore,a rise from last fiscal8217;s Rs 1,288 crore.
