NECF Coal India Limited faces huge losses: Officials

From a Correspondent

MARGHERITA, June 18: At a press meet held at the conference hall of NECF Coal India Limited, Margherita on Saturday,  N Kumar, Director (Technical), Coal India Limited, Kolkata, J K Borah, General Mager, NECF Coal India Limited, Margherita, UC Chakraborty, Deputy Mager (Fince) and C Momin, Area Personnel Mager of NECF Coal India Limited,  Margherita, were present.  Addressing the media persons, N Kumar, Director (Technical) CIL, said that NECF Coal India Limited, Margherita is suffering from huge losses as its yearly turnover was Rs 3  crore which was very low and this was due to insufficient coal marketing due to intertiol pressure.

N Kumar said, “We want to set up new innovative technology equipments for underground mining, which we will buy from countries like Spain and Belarus, at NECF Coal India Limited Margherita so as to make the unit self-sustaible. There are environmental issues like water pollution but through Effluent Treatment Plant the water pollution can be reduced.”

J K Borah, General Mager of NECF CIL, Margherita, said that through CSR Scheme North Eastern Coal Fields Coal India Limited  Margherita  had taken many projects such as skill development project, health project and employment generation project. “Within the year 2017 all backfilling and re-plantation work of Tikak Colliery and Ledo Colliery will be completed. We have selected 10 villages from Margherita region where through mobile medical health clinic we treat patients every month free of cost,” he said.

When asked about the proposed project of Lekhapani Coal Base Power Project, N Kumar said that NECF CIL Margherita had sufficient coal but due to the presence of high grade coal it would be difficult to run such a big power-based Project. “Hence we have to purchase coal from outside so that we can mix the coal with high grade coal of NECF CIL Margherita to run the Lekhapani Coal Base Power Project smoothly,” he added.

J K Borah assured that all-round development work would be taken up to make Margherita region a developed and beautiful place.