Northern Coalfields Limited (NCL) is a subsidiary of Coal India Limited established in 1986 and headquartered in Singrauli, Madhya Pradesh. NCL operates coal mines across over 2,202 square kilometers and achieved an annual turnover of 9,303.88 crores in 2013-14. NCL aims to be the leading energy supplier in the country through best practices from mine to market. It plans to set up a 1,000 megawatt coal-based power plant in Uttar Pradesh and has various running and future coal mining projects. Financial analysis shows NCL to be in good financial condition with efficient working capital management.