亚博体育官网首页

Northern Coalfields to spend Rs 133 cr on CSR in FY22
COAL & MINING

Northern Coalfields to spend Rs 133 cr on CSR in FY22

The Ministry of Coal announced on Saturday that Northern Coalfields Limited (NCL) plans to spend Rs 132.75 crore on corporate social responsibility (CSR) activities this fiscal year.

In 2020-21, the company spent around Rs 130 crore on CSR.

Northern Coalfields Ltd (NCL), a coal ministry company, will provide plastic engineering training to 500 youth living in and around NCL's operational areas, ensuring their job readiness in the competitive market.

According to the ministry, the training will be organised with the help of the Central Institute of Petrochemicals Engineering and Technology (CIPET) in Chennai.

NCL will spend Rs 70,000 per trainee as part of its CSR programme for this residential training programme, which includes course fees, course materials, uniforms, training kits, housing, and other overhead costs.

CIPET will provide training in plastic processing, injection moulding, blow moulding, and plastic recycling to the selected candidates at its centres in Bhopal, Gwalior, and Lucknow.

The National Skill Qualification Framework (NSQF) has set the standards for this training programme, which has been approved by the National Skill Qualification Committee (NSQC).

In this regard, NCL's holding company, Coal India, and CIPET, Chennai, have signed a Memorandum of Understanding (MoU).

NCL, in collaboration with CIPET, held a two-day screening session at the Nigahi and Khadia projects to select candidates, and 345 qualified candidates were chosen for the skill development programme.

The remaining candidates will be chosen in subsequent rounds of screening.

NCL owns and operates ten highly mechanised opencast coal mines that produce 15% of the country's coal. In the previous fiscal year, the company produced over 115 million tonne (mt) of coal.


Also read: Coal India plans Rs 17,000 cr capital expenditure target in FY22

The Ministry of Coal announced on Saturday that Northern Coalfields Limited (NCL) plans to spend Rs 132.75 crore on corporate social responsibility (CSR) activities this fiscal year. In 2020-21, the company spent around Rs 130 crore on CSR. Northern Coalfields Ltd (NCL), a coal ministry company, will provide plastic engineering training to 500 youth living in and around NCL's operational areas, ensuring their job readiness in the competitive market. According to the ministry, the training will be organised with the help of the Central Institute of Petrochemicals Engineering and Technology (CIPET) in Chennai. NCL will spend Rs 70,000 per trainee as part of its CSR programme for this residential training programme, which includes course fees, course materials, uniforms, training kits, housing, and other overhead costs. CIPET will provide training in plastic processing, injection moulding, blow moulding, and plastic recycling to the selected candidates at its centres in Bhopal, Gwalior, and Lucknow. The National Skill Qualification Framework (NSQF) has set the standards for this training programme, which has been approved by the National Skill Qualification Committee (NSQC). In this regard, NCL's holding company, Coal India, and CIPET, Chennai, have signed a Memorandum of Understanding (MoU). NCL, in collaboration with CIPET, held a two-day screening session at the Nigahi and Khadia projects to select candidates, and 345 qualified candidates were chosen for the skill development programme. The remaining candidates will be chosen in subsequent rounds of screening. NCL owns and operates ten highly mechanised opencast coal mines that produce 15% of the country's coal. In the previous fiscal year, the company produced over 115 million tonne (mt) of coal. Image Source Also read: Coal India plans Rs 17,000 cr capital expenditure target in FY22

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement