Srirampur And Mandamarri Areas Trail In Monthly Coal Production

04 Jun 2026 CW Team

All production figures in this report are shown in million (mn) to aid comparison. The SCCL Srirampur Area recorded production of 0.316 mn of coal against a monthly target of 0.547 mn in May, achieving 58 per cent of its goal. The area chief general manager, Muniganti Srinivas, briefed media on the unit's monthly performance and attributed mixed results to site conditions. All units were required to prioritise safety and compliance during operations.

Several underground mines including RK five, RK New Tech and SRP one recorded more than 100 per cent of their individual targets while SRP three and RK seven registered 96 per cent. IK IA achieved 85 per cent of its production target for May. Opencast projects at SRP and IK underperformed owing to challenges in removal of overburden and the management said steps were being taken to improve output in the coming days. Supervisors were directed to review equipment readiness and logistics.

The SCCL Mandamarri Area produced 0.122 mn against a target of 0.224 mn in May, achieving 55 per cent of the monthly target and reflecting continued operational constraints. The shortfall in Mandamarri mirrors issues seen at Srirampur where surface stripping and logistical delays affected hauling and dispatch. Management indicated targeted interventions to address overburden handling and equipment deployment. The area office will monitor progress and report weekly to central management.

By contrast, the Bellampalli Area exceeded expectations with production of 0.313 mn against a target of 0.300 mn, achieving 113 per cent of the monthly goal and providing a performance benchmark. The company will consolidate learnings from Bellampalli to inform corrective measures across lagging units. Continued monitoring and adjustments to project execution were planned to support recovery of monthly targets. Performance reviews will shape resource allocation for the next planning cycle.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..