Minister releases strategy report on Coal & Lignite

Coal India Limited (CIL), marked its 50th Foundation Day recently at the CIL Headquarters in Kolkata. 

This significant event not only celebrated CIL’s remarkable contributions to the nation’s energy sector over the past five decades but also laid the groundwork for its future initiatives and strategic direction.

Union Minister of Coal and Mines, Mr. G. Kishan Reddy, the chief guest, on the occasion released the Strategy Report on Coal and Lignite Exploration, inaugurated the Mine Closure Portal, and announced the development of a 50 MW solar power plant at the Nigahi project of Northern Coalfields Limited, involving an investment of Rs. 250 crores. This solar initiative is expected to generate 49 million units of electricity. 

The Minister concluded the ceremony by presenting awards to outstanding performers in both institutional and individual categories, recognizing their significant contributions to CIL.

During his address, Mr. Reddy also underscored the importance of miners’ welfare and the rehabilitation of communities affected by mine closures. 

“Contractual workers play a significant role in Coal India’s output, and I applaud the management’s decision to implement Performance Linked Incentives for them, effective FY 2023-24,” he stated.

The Minister further pointed out the launch of commercial coal mining in 2020 ushered in transparency, ease of doing business, and investment opportunities, helping to open the coal sector.

Mr Kishan Reddy also launched the Golden Jubilee logo and unveiled the mascot “Angara.”

The logo symbolizes Coal India Limited’s pivotal role as the backbone of India’s energy sector, reflecting the company’s commitment to innovation, progress, and sustainability. 

The mascot embodies the strength and resilience of coal miners, highlighting their courage and dedication. 

The Mascot is inspired by Royal Bengal Tiger. Secretary of Coal, Mr. Vikram Dev Dutt also spoke stated a release from the ministry of Coal.