Kathara area earned Rs 140 crore in one year from rejected coal dispatch.

Rakesh Verma, Bermo. The target of coal production of CCL’s Kathara area in the current financial year 2024-25 is set at 4.4 million tonnes. If the area achieves this production target in the current financial year, it will be the highest production in the last one and a half decade. If we look at the production figures from the financial year 2008-09 to 2023-24, Kathara area had produced the highest coal production in the last one and a half decade at 36 lakh 62 thousand 357 tonnes in the financial year 2015-16. From the financial year 2013-14 to the financial year 2016-17, the area always produced more than 30 lakh tonnes of coal annually. After the financial year 2016-17, the area never produced more than 30 lakh tonnes annually. However, in the financial year 2023-24, the area produced 28 lakh 61 thousand 11 tonnes of coal, surpassing its AAP target of 27 lakh. This means that compared to last year, the area recorded a total positive growth of 23 percent in coal production. There was a growth of 57 percent in coal dispatch (offtake) as compared to last year. The area has also achieved success in disposal of OB. In the financial year 2023-24, the company earned a profit of more than Rs 140 crore from the sale of reject coal lying in Kathara Washery under Kathara area. According to the management, the area dispatched a total of 2.48 lakh tonnes of reject coal in the financial year 2023-24. It earned a minimum of Rs 600 per tonne. Reject dispatches in the financial year 2022-23 were zero. According to the information received, after last 4-5 years Kathara area dispatched such a large quantity of reject coal. According to Kathara regional management, in the financial year 2023-24, the area earned a revenue of Rs 4 crore by disposing of thousands of tonnes of scrap. By February 2024, Kathara Area reduced its losses from last year by 21 percent, which is a big achievement.

Jarangdih produced more than double the APP target:

The APP target of coal production for Jarangdih project under Kathara field was set at 6.5 lakh tonnes in the financial year 2023-24, while 14.81 lakh tonnes was produced from Jarangdih OCP. Similarly, the target of OB disposal of this project was 23 lakh cubic meter tonnes, whereas 30.36 lakh cubic meter OB was disposed. This project offtaked 20.71 lakh tonnes instead of the APP target of 6.5 lakh tonnes.

Kathara Colliery is not performing well:

The APP target of coal production of Kathara OCP in the financial year 2023-24 was 8 lakh tonnes, whereas only 4.2 lakh tonnes were produced. Similarly, instead of the APP target of 17 lakh cubic meter tonne OB disposal, 13.03 lakh cubic meter tonne OB was disposed. Against the APP target of 8 lakh tonnes offtake, 4.52 lakh tonnes were offtaked.

Govindpur Phase 2 project lagging behind in offtake:

The APP target of coal production of Govindpur Phase II OCP in the financial year 2023-24 was 12.5 lakh tonnes, while the production was 9.6 lakh tonnes. Similarly, 28.48 lakh tonnes of OB was disposed of, surpassing the APP target of 24 lakh cubic meter tonnes of OB disposal. Whereas instead of the APP target of 12.5 lakh tonnes of offtake, only 4.63 lakh tonnes of offtake was done.

Rs 110.28 lakh spent on CSR:

In the financial year 2023-24, CCL Kathara Area spent a total of Rs 110.28 lakh on CSR items. Apart from the rural areas falling within the eight km radius of the area, the CSR amount was spent on public utility items. In particular, apart from deep boring and well construction, toilets were constructed in five schools, libraries at two places, two sheds and two sanitary machines were installed.

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