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 Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..