Sunday, September 11, 2011

In appreciation of the performance of SCCL - A Coal Mining Company, with which we have a long association.

The Annual Accounts Report (2010-11) of the 140 year old CoalMining Industry, and the 90 year old Singareni Collieries Company Limited, aGovernment Company in Telangana, is just received by me. The results are good, Iam happy as the company is doing well.  
In the long past, we were directly associated with SCCL – TheSingareni Collieries Company, Kothagudem, for three decades, as my father, Sri.N. Bhaskarachary has served the Company as Chief Personnel Officer for severalyears and later my brother, Dr. N. Lakshminarsu as Dental Surgeon and me as anAsst. Engineer for few years. A strong attachment to the Organization, the Town,and the People there with which we have been happily associated for a longperiod is perhaps very natural. The memories and experiences of those days livewith us forever. Though it is several years since we left Singareni Collieriesand Kothagudem, we feel happy whenever there is good news about the town or theCompany, on TV or in the newspapers. We still have a few acquaintances andfriends from Kothagudem visiting us, when they come to Hyderabad. And then thereis so much for us to find out, and talk about Singareni Collieries andKothagudem.
Further, as shareholders in the Company (though of a microscopicamount), we keep receiving information on the Board Meetings and the ‘AnnualReport and Accounts’. During the year 2010-11, the Company has produced 51.33million tons of Coal, with Gross Sales of Rupees 92.87 billion! and a NetProfit after Tax of Rupees 3514 million!
Great figures! I am elated, and I am sure that anyone who sees theabove two excerpts from the Company’s Annual Report would appreciate the results,even if they do not know anything about this 140 year old Coal Mining Industryin Telangana.
Some of my readers who would like to know more about SingareniCollieries and Kothagudem and my relationship with them; may see some articlesI wrote on this association, by clicking on the following links:

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