Singareni Collieries aims for Rs. 600 bn turnover in 5 years

24 Sep 2024 CW Team

The Singareni Collieries Company Ltd (SCCL) aims to achieve a turnover of Rs 60,000 crore within the next five years, up from Rs 37,500 crore recorded in 2023-24, through business expansion and diversification efforts.

Chairman and Managing Director N. Balaram announced these plans during the ‘Praja Palana Dinotsavam’ celebrations, where he also unfurled the national flag. He mentioned that the company is looking to diversify its operations in collaboration with the State government, which includes initiatives in solar power generation in Rajasthan and pumped storage hydroelectric generation in closed or abandoned opencast mines.

Additionally, SCCL plans to enhance its existing thermal power plant, currently operating at 2x600 megawatts, by adding an 800 MW unit. The company is also set to establish a new 2x800 MW thermal power plant near its Naini coal block in Odisha, alongside the development of 800 MW floating solar power plants, a green hydrogen plant, and a battery storage system aimed at ensuring a sustainable future.

Balaram noted that over 50% of the company’s workforce consists of youth, emphasizing that SCCL can supply coal to clients at competitive prices while enhancing productivity and quality to alleviate the burden on power consumers.

Infrastructure Urban

13 Oct 2025

Jharkhand Forms Teams to Modernise Urban Infrastructure

The Jharkhand Urban Development Department has constituted multiple expert teams to plan, assess, and modernise urban infrastructure across the state’s cities and towns, an official said on Thursday. The initiative aligns with Chief Minister Hemant Soren’s vision to position Jharkhand among India’s leading states in the field of advanced and sustainable urban development. The teams have been tasked with identifying existing infrastructure gaps and proposing new projects to promote stable and long-term growth. According to Sunil Kumar, Principal Secretary of the Urban Development and Ho..

Kerala CM Seeks Rs 22 Billion NDRF Aid, AIIMS Nod from PM

Kerala Chief Minister Pinarayi Vijayan met Prime Minister Narendra Modi in New Delhi on Friday, seeking urgent financial and policy support for the state. The Chief Minister requested the release of the Rs 22.21 billion National Disaster Response Fund (NDRF) grant for Wayanad landslide reconstruction and pressed for immediate approval to establish an AIIMS at Kinaloor, Kozhikode. “Called on the Hon’ble Prime Minister Narendra Modi Ji and requested the urgent release of the full Rs 22.21 billion NDRF grant for Wayanad landslide reconstruction. Also urged immediate approval for establishing..

Meta Picks Mumbai, Vizag for Global Subsea Cable Project

Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, has selected Mumbai and Visakhapatnam as the landing sites for its multibillion-dollar subsea cable project, Waterworth. The company has appointed Sify Technologies as its landing partner in India under a USD 5 million (Rs 420 million) contract. Google has also partnered with Sify for the Indian landing of its USD 400 million (Rs 33.6 billion) Blue-Raman subsea cable, underscoring the surge in global investment into India’s digital infrastructure and its growing strategic significance in international data connectivity..