Latest news with #SECL
Time of India
27-05-2025
- Time of India
2 dead, 1 injured as portion of coal mine collapses in SECL in Chhattisgarh
RAIPUR: Two persons were killed, and another sustained injuries after a portion of the boundary wall of a coal mine collapsed on them in wee hours on Tuesday at South Eastern Coalfields Limited's (SECL) Gevra open-cast coal mine in Chhattisgarh's Korba district. The three villagers had entered the mine site to steal coal when they got trapped under the debris of coal after a portion of the boundary wall of Dipka and Gevra mines suddenly collapsed. According to officials, Vishal Yadav (18) and Dhan Singh Kanwar (24) died after getting trapped under the debris of coal while Sahil Dhanwar sustained injuries and is presently under treatment. The bodies were retrieved and a probe was launched in the matter. The SECL team and police were informed after the incident took place and a rescue operation was launched at the site. According to SECL's public relations officer Sanish Chandra said that primarily, it appears that the youths entered the mine area without permission, without any safety measures, and they infiltrated our mine security checkpoints and reached the site. According to information received from the local police, three youths from Hardi Bazaar and Mundapara Bazaar allegedly entered the Gevra-Dipka mine boundary area late last night or early this morning without permission, with the intent of stealing leftover coal. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Transform Your Child's Confidence with Our Public Speaking Program Planet Spark Book Now Undo 'It is known that some coal deposits remain along the mine boundaries, where coal walls can be as high as 15–25 feet. It is suspected that during the act of coal theft, a layer of coal collapsed, causing the tragic incident,' said Chandra. Dipka and Hardi police have begun an investigation after sending the bodies for post-mortem. 'Trespassing into mine premises is prohibited. SECL management earnestly appeals to all to stay away from such risky and illegal activities and not to fall prey to any form of temptation,' said Chandra.
Business Upturn
02-05-2025
- Business
- Business Upturn
Coal India's April coal production rises 2.1% YoY to 63.4 MT; offtake flat at 64.2 MT
By Aditya Bhagchandani Published on May 2, 2025, 10:58 IST State-run Coal India Ltd (CIL) reported a 2.1% year-on-year increase in coal production for April 2025, reaching 63.4 million tonnes (MT), up from 62.1 MT in April 2024, according to provisional data submitted to exchanges on May 2. Meanwhile, coal offtake for the month stood at 64.2 MT, marginally higher than 64.1 MT in the same period last year — reflecting a flat growth on the logistics and demand side. Subsidiary Performance: Mahanadi Coalfields Ltd (MCL) led with the highest production of 16 MT South Eastern Coalfields Ltd (SECL) followed at 14 MT Northern Coalfields Ltd (NCL) produced 12.2 MT Notably, MCL and SECL also reported the highest offtake at 17.3 MT and 15.6 MT, respectively CIL's management said the numbers reflect steady operational execution despite minor declines in output across some subsidiaries. This update was shared in compliance with SEBI (LODR) Regulation 30 and provides a snapshot of the company's opening performance for FY26. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Yahoo
21-04-2025
- Business
- Yahoo
SECL signs $823m agreement for large-scale coal production utilising paste fill technology
South Eastern Coalfields (SECL), a subsidiary of Coal India, has entered into a Rs70.4bn ($823.6m) agreement with TMC Mineral Resources to deploy paste fill technology for coal production over the next 25 years at the Singhali underground coal mine in Korba, Chhattisgarh. SECL will be the first coal public sector undertaking (PSU) in India to adopt paste fill technology, a move that signifies a shift towards more sustainable and environmentally friendly mining practices. This technology is expected to yield approximately 8.4 million tonnes (mt) of coal from the Singhali underground coal mine. SECL chairman and managing director Harish Duhan said: "I firmly believe that paste fill technology will not only secure the future of underground mining but also offer an innovative, eco-friendly solution. This project is a landmark step toward green mining and will shape the future of the coal industry in the years to come." Paste filling is an advanced underground mining technique that negates the need for surface land acquisition. Post coal extraction, the voids are filled with a paste composed of fly ash, crushed overburden from opencast mines, cement, water, and binding agents. This method not only prevents land subsidence but also maintains the structural integrity of the mine. The process incorporates industrial waste materials, thereby promoting environmental sustainability and waste recycling. The Singhali mine, operational since 1993, currently holds 8.45mt of G-7 grade non-coking coal reserves and was initially developed using the Bord and Pillar method. The densely populated surface area above the mine, with villages, high-tension electricity lines, and a Public Works Department road, has made traditional caving methods impractical due to safety and environmental concerns. Paste fill technology enables mining to continue without disrupting the surface structures. The application of this technology at Singhali is anticipated to set a precedent for restarting operations in other underground mines facing similar land constraints. In March 2024, SECL secured environmental clearance for its Gevra mine, which is also located in the Korba area. "SECL signs $823m agreement for large-scale coal production utilising paste fill technology" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
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Business Standard
21-04-2025
- Business
- Business Standard
Coal India gains 2% as arm SECL inks ₹7,040 crore coal mining pact
Coal India share price: Shares of state-run coal giant Coal India rose around 2 per cent to hit an intraday high of ₹406 on Monday after the company's subsidiary South Eastern Coalfields (SECL) entered into a ₹7,040 crore pact with TMC Mineral Resources for undertaking large-scale coal production in Korba area of Chhattisgarh using paste filling technology. Coal India will be the first coal PSU in India to adopt paste-fill technology for coal mining. It is a modern underground mining technique that eliminates the need to acquire surface land. After coal extraction, the mined-out voids are filled with a specially prepared paste made from fly ash, crushed overburden from opencast mines, cement, water, and binding chemicals. According to the company's statement, the project is expected to yield around 8.4 million tonnes of coal during its 25-year duration. The Singhali underground coal mine will be the site of this innovative approach. At 1:33 PM on Monday, the stock was quoting at ₹402.80, up 0.99 per cent from Thursday, April 17 close of ₹398.85. In comparison, the benchmark NSE Nifty50 index was trading at 24,156.35, up 304.70 points or 1.29 per cent. The stock has fallen around 26 per cent from its 52-week high of ₹543.55 touched on August 26, 2024. The total market capitalisation of the company stood at ₹2.48 trillion. Coal India Q3 flashback In the December 2024 quarter (Q3 FY25), the company reported a net profit of ₹8,491.2 crore, down 17.5 per cent from ₹10,291.7 crore in the corresponding quarter of previous fiscal. The company's revenue from operations stood at ₹35,779.8 crore, down 1 per cent compared to ₹36,154 crore in the year-ago period. The company's Ebitda (Earnings before interest, tax, depreciation and amortisation) came in at ₹12,317.2 crore, down 5 per cent Y-o-Y from ₹12,970.7 crore. READ | About Coal India Incorporated in November 1975, state-owned Coal India is the largest coal producer in the world. The company's headquarters is situated in Kolkata, West Bengal. Across eight Indian states, CIL operates in 84 mining areas, managing a total of 313 active mines, consisting of 131 underground, 168 opencast, and 14 mixed mines. It has 12 subsidiary companies including Eastern Coalfields (ECL), Bharat Coking Coal (BCCL), Central Coalfields (CCL), Western Coalfields (WCL), South Eastern Coalfields (SECL), Northern Coalfields (NCL), Mahanadi Coalfields (MCL), Central Mine Planning & Design Institute (CMPDIL), CIL Navikarniya Urja (CNUL), CIL Solar PV (CSPL), Coal India Africana (CIAL) and Bharat Coal Gasification and Chemicals (BCGCL). In the year 2023-24, Coal India recorded the best-ever production figure of 773.647 MT registering a growth of 10 per cent.
