Lok Sabha Question No. 2053 (UNSTARRED), answered on 2015-12-10
Subject: Financial Performance of CIL
Ministry: COAL
Asked by: GAJANAN CHANDRAKANT KIRTIKAR, KUNWAR HARIBANSH SINGH, NARANBHAI KACHHADIA, SUDHEER GUPTA, SUNIL BALIRAM GAIKWAD

## GOVERNMENT OF INDIA

## MINISTRY OF COAL LOK SABHA

UNSTARRED QUESTION No. 2053 TO BE ANSWERED ON 10.12.2015

Financial Performance of CIL

## 2053.  SHRI GAJANAN KIRTIKAR: KUNWAR HARIBANSH SINGH: SHRI NARANBHAI KACHHADIYA: SHRI SUDHEER GUPTA: DR. SUNIL BALIRAM GAIKWAD:

Will the Minister of COAL be pleased to state:

- (a) whether the Government has reviewed the performance of Coal India Limited (CIL) and its subsidiary companies;
- (b) if  so,  the  details  thereof  along  with  the  financial  performance  of  CIL  and its subsidiary companies during each of the last three years and the current year, company-wise;
- (c) the  steps  taken  to  augment  the  capacity  along  with  the  details  of  ongoing/new projects being implemented at present, State-wise; and
- (d) the  steps  being  taken  by  the  Government  to  fulfil  the  corporate  social responsibility of these companies?

## Answer

## MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF COAL, POWER AND NEW AND RENEWABLE ENERGY

## (SHRI PIYUSH GOYAL)

(a)&(b): Performance  of  Coal  India  Ltd.  (CIL)  is  periodically  reviewed  in  the Ministry. Particularly, projects having more than 3 MTY capacity and with capital expenditure  of  more  than  Rs.  500  crores  are  reviewed  by  Secretary  (Coal)  on quarterly basis. Major infrastructure projects are reviewed regularly.

Financial  performance  of  CIL  and  its  subsidiary  companies,  in  terms  of  profit before tax (PBT), as per audited accounts of the last three years and the current year (Half year ending as on 30.09.2015 are as follows:

(Rs.in Crore)

| Subsidiary                                               |   2012-13 |   2013-14 |   2014-15 | 2015-16 ( as on 30.09.2015)   |
|----------------------------------------------------------|-----------|-----------|-----------|-------------------------------|
| ECL                                                      |   1897.18 |   1299.28 |   1782.41 | 218.83                        |
| BCCL                                                     |   1709.06 |   2089.01 |   1154.22 | 349.66                        |
| CCL                                                      |   2683.56 |   2525.87 |   2740.34 | 1553.32                       |
| NCL                                                      |   4420.58 |   3355.71 |   3713.47 | 1773.10                       |
| WCL                                                      |    428.87 |    325.86 |    544.79 | (-)49.40                      |
| SECL                                                     |   6290.37 |   7202.4  |   5659.46 | 2578.67                       |
| MCL                                                      |   6202.48 |   5429.08 |   5314.24 | 3147.65                       |
| CMPDIL                                                   |     29.77 |     34.6  |     39.33 | 16.89                         |
| CIL standalone (net of dividend received and adjustment) |   1317.17 |    617.73 |    635.66 | 95.07                         |
| Total CIL (Consolidated)                                 |  24979    |  22879.5  |  21583.9  | 9683.79                       |

(c): The  focus  of  the Government  is  on  increasing  coal  production  to  the extent possible by facilitating Environment & Forest clearances expeditiously,  pursuing with State Government for assistance in land acquisition and coordinated efforts with Railways for  movement of coal. Steps have also been taken by CIL and its subsidiaries  to  augment  coal  production  which  includes  capacity  addition  from new  projects  and  use  of  mass  production  technologies.  The  details  of  ongoing projects,  state-wise,  costing  Rs  20  Cr  and  above  and  presently  under  various stages of implementation are as follows:

| Sl. No.   | State          |   No of Ongoing Projects |
|-----------|----------------|--------------------------|
| 1         | Assam          |                       04 |
| 2         | Chhattisgarh   |                       29 |
| 3         | Jharkhand      |                       26 |
| 4         | Madhya Pradesh |                       11 |
| 5         | Maharashtra    |                       22 |
| 6         | Odisha         |                       20 |
| 7         | Uttar Pradesh  |                       01 |
| 8         | West Bengal    |                       14 |
|           |                |                      127 |

(d): So far as corporate social responsibility is concerned, CIL and its subsidiaries follow  the  Department  of  Public  Enterprises  (DPE)  guidelines  on  the  subject effective from 1.4.2014. These guidelines are based on Section 135(I) of Companies Act, 2013 which stipulates that at least 2% of the average net profit of the company for the three immediate preceding financial years should be spent on CSR activities. Accordingly, CIL has formulated its policy.Subsidiary companies of CIL undertake various projects for community welfare under CSR in and around the mines.

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