2. INTRODUCTION
Indian Coal at the pithead is the cheapest Coal in the world with low
sulphur content Indian Coal eco-friendly, CIL’s business plan therefore
aims primarily to translate these strong economic fundamentals of Coal
in to prosperity for the country and the company.
CIL’S welcome private participation in Coal beneficiation participation
of international Coal mining companies in development of underground
mines with Modern technology is also Receiving CIL’S considerations.
Of all fossil fuels, coal by far the most abundantly found fuel on the
face of the earth especially true for India where abundant coal reserve
make it the only viable energy option in the long run. About 63% of
electricity generated in the country is from combustion of coal.
3. Coal is usually classified into four categories, or ranks, based on how it
responded to increasing heat and pressure over long periods of time and how
much carbon it contains:
Lignite (soft),
Sub bituminous (medium-soft),
Bituminous (medium-hard) and
Anthracite (hard).
Different types of coal have different application. Lignite contains a lot of
moisture and ash and breaks apart easily. This kind of coal, also called brown
coal, is used mainly at electricity-generating plants. Sub bituminous is a kind
of dull black coal is generally used to produce steam for electricity generation.
Bituminous used to generate electricity and to produce coke, a coal residue
used in the steel industry. Anthracite is at the top of the rank scale and has a
correspondingly higher carbon and energy content and a lower level of
moisture. Anthracite makes a good heating fuel for homes.
4. OBJECTIVE OF THE STUDY
COMPANY’S VISION
"Committed to create eco-friendly mining"
The Mission of CCL is to produce and market the planned quantity of coal and
coal products efficiently and economically with due regard to safety,
conservation and quality.
The main thrust of CCL in the present context is to orient its operations towards
market requirements maintaining at the same time financial viability to meet the
resource needs.
COMPANY’S MISSION
“To become a World class, Innovative, Competitive & Profitable Coal Mining
Operation to achieve Customer Satisfaction as top priority."
5. COMPANY’S OBJECTIVES
To carry on business of Coal mining.
Production, sale and disposal of Coal it’s by products.
To act as an entrepreneur on behalf of state in respect of Coal industry.
To manufacture and sale Coal as a patent fuel. To act as a colliery and
mines proprietors, coke manufacturer in all their branches.
Marketing of Coal as Main Product.
6. INDUSTRY PROFILE
Date of Incorporation: Coal India limited was formed was formed as holding
company with 5 subsidiaries in 21st October 1975.
Corporate status : The company was incorporated under the company’s act 1956
and is wholly owned by the Government .of India.
Business : Engaged in the mining of coal, coal based products and mining
consultancy.
Registered office : Coal Bhawan , 10,
Netaji Subash road,
Kolkata- 700001
West Bengal, (India)
7. COMPANY PROFILE
Company Name Central Coalfield Ltd.
Address Darbhanga house, Ranchi
Level of office Head office
Phone no 0651-2360606, 2360123
Website www.ccl.gov.in
Industry mining
State Jharkhand
Pin 834001
Total turnover 5211 crores
No. of employees 67681,in the year of 2012 -2013( 35% ST & SC)
Sector Public sector
9. Functional Areas
SALES AND MARKETING DEPARTMENT
FUNCTIONS
Looks after the linkage of core & Non-Core (Rail) Consumers:
Accepts program from core & Non-core Consumers.
Checks financial status of the consumers.
Accordingly consent is given & sent to Railways & finalized offers on day to day
basis.
Receives Bills from the Areas.
Process Rail Refund.
Keep vigilance over realization.
Co-ordinates with Power Houses.
Dealt with all Rail related jobs excepts supply
10. FINANCE DEPARTMENT
A finance department is a committee which manages the money used in a company
and its functions include
Providing key financial aid for business
Operational planning
Meeting internal and internal financial reporting requirement of an organization
A finance department is the executive department of the government that is
responsible for the formulation ,institutionalization and administration of fiscal
policies, management of financial resources of the government, supervision of the
revenue operations of all operation units ,the review, approval and management of
all public sector debt,
Rationalization , privatization and public accountability of corporations and assets
owned , controlled or acquired by the government.
11. HUMAN RESOURCE DEPARTMENT
HRM has to be done in a planned and systematic manner like :
Keeping an eye on the objectives and requirement of the organization.
Proper appreciation of knowledge, skills , attitude of an executive will help in
managing the human resource effectively.
Adequate management support of HRM dept helps to increase motivation
Reduces grievances to great extent, which in return increases the efficiency and
production significantly.
HRD in coal sector has been set up to deal with the development of existing as well
as new induct human resource, with reference to technological advances and to
fulfill demand of production technology.
12. SWOT ANALYSIS
Strengths
World’s third largest coal producing company with about 7.7% share in coal
production world wide.
India is having huge coal reserve’s of about 92,445 million tons which is 10.2%
share of coal reserve world wide.
Coal India is largest player in Indian mining industry with almost above 90%market
share.
Coal India is having 3,57,926 manpower and its operates through 81 mines.
Coal price of CIL is cheaper compared to imported coal.
13. Weaknesses
Indian coal is having more ash content which makes Indian coal inferior in
quality.
Day by day demand of coal is increasing rapidly due to huge increase in
consumption where Coal India is lacking in satisfying the current demand.
Due to widespread of company it is difficulty to monitor the activities of
company.
Implementation of new policies ,procedures etc is sometimes difficult due to
presence of huge man power or unions.
14. Opportunities
CMPDI planning and designing subsidiary of coal India is working on
finding new coal reserves for company.
Setting up of advance washeries can largely deal with problems of inferior
goods.
Through proper training and development , knowledge on current affairs keeps
on updating.
With employment opportunities and new talent employed ,it will lead the
company to growth.
15. Threats
If a quality coal is not delivered to customers, customer may shift to imported coal.
If coal production is not increased on par with coal demand , government ,
may give more coal blocks to private parties or large consumers for coal mining
and this may take off the monopolistic power.
Danger of life as it is a mining work.
16. CONCLUSION
After completing the organizational study at CCL, DARBHANGA
HOUSE (RANCHI) , I came to conclusion that the employees are more
comfortable with Training and Development programmes of
organizations as it solves almost problems of the employees towards
their work needs.
Coal India is the third large coal producing country, it gives opportunity
to 4.25 lakh employees and their needing facility.
It also contributes in shaping the country by paying tax.
Per ton price is very cheap and the buyers release the products at
maximum price.
The coal distribution policy is very effective and auction is very
interesting for the buyers.
The company also takes positives decision that doesn’t involves in
service to the buyers like transport , material handling, logistics
supply chain .
