South Eastern Coalfields Limited is the largest
coal producing company in the country.
It is one of the eight subsidiaries of Coal India
Limited (A Govt. of India Undertaking) under the
Ministry of Coal.
SECL has been awarded “Mini Ratna" Status by
Govt of India in 2007.
No. of SECL in Districts
The SECL occur in five districts i.e. Bilaspur,
Korba, Raigarh , Surguja & Korea in
And three districts Shahdol, Umaria, Anuppur
district in Madhya Pradesh.
No. of Mines
SECL has 92 Mines. Total UG Mines are 70
and Total OC mines are 21.There is 1 mixed
There are 42 UG Mines, 13 OC Mines, 1 Mixed
Mines in Chhattisgarh
28 UG Mines, 8 OC Mines in Madhya Pradesh.
These mines are divided into 13 Administrative areas -
3.Jamuna & kotma area
The corporate office is at Bilaspur (C.G.).
PRODUCTION & PRODUCTIVITY
Total Production in the year 2009-10 was
108.01 Million Tonnes against the target of 106
Million Tonnes which is 6.78 % more than in
the year 2008-09.
PRODUCTION (MT)[ 2008 - 09 ]
Chhattisgarh = 88.72 %
Madhya Pradesh = 12.43 %
Gross profit before tax
YEAR RS. IN CRORES
The cost may be one of acquisition, in which case
the amount of money expended to acquire it is
counted as cost. In this case, money is the input that
is gone in order to acquire the thing.
A Budget is a plan that outlines an organization's
financial and operational goals. So a budget may be
thought of as an action plan; planning a budget
helps a business allocate resources, evaluate
performance, and formulate plans.
The basic process of planning a budget involves
listing the business's fixed and variable costs on a
monthly basis and then deciding on an allocation of
funds to reflect the business's goals.
Incremental budgets are budgets in which the
figures are based on those of the actual expenditure
for the previous year, with a percentage added for
an inflationary increase for the new year.
This is an easy method that saves time but it is the
“lazy” way and is often inaccurate.
This budgeting technique is only suitable for
organizations where each year is very similar to
the previous one in terms of activities.
In zero based budgets, past figures are not used as
the starting point.
The budgeting process starts from “scratch” with
the proposed activities for the year.
The result is a more detailed and accurate budget,
but it takes more time and energy to prepare a
budget in this way.
The work will done in the slow process.
The are not doing any research.
According to previous year data they will
prepared new budgets.