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Business Economy


Singareni aims to reach Rs 50,000cr turnover in next 5-yeas, says SCCL CMD Sridhar

Singareni aims to reach Rs 50,000cr turnover in next 5-yeas, says SCCL CMD Sridhar

Hyderabad, Jan 26 (UNI) State-owned Singareni Collieries Company Limited (SCCL) would reach turnover of Rs 50,000 crore from the present Rs 25,000 crore in coming 5-years, said SCCL Chairman and Managing Director N Sridhar in his Republic Day speech here on Sunday.

Addressing the employees after hosting the national flag at Singareni Bhawan here, Sridhar said the company is planning to achieve the target of a hundred million ton coal production by 2025.

He said that SCCL has become the first coal company in India to enter into Solar and Thermal power generation.

He urged all the employees to re-dedicate themselves to serve the nation with production of required supply of coal to thermal power stations.

On this occasion, he honoured the best officers and employees of singareni.

Administrative manager N Bhaskar, PRO B Mahesh, Finance Manager B Arvind, civil supervisor R. Venkateswar Reddy, PA to directors D.vijaykumar, Deputy superintendent Mrs Vinita are honoured by the CMD on this occasion.

UN KNR ASN 1407

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