+
Singareni Collieries aims for Rs. 600 bn turnover in 5 years
POWER & RENEWABLE ENERGY

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

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code