Celebration of Constitution Day at MSTC

 

 

Sh.S.K.Gupta, CMD MSTC Limited administering the pledge to the employees of HO on the inaugural day(27-10-2020) of the VAW-2020

 Inaugural address of Sh.Suresh Madhavan, CVO MSTC

 Smt Bhanu Kumar, Director(Commercial) addressing the audience on the inaugural day

Shri Subrata Sarkar, Director(Finance) addressing the audience 

Employees at Corporate Office taking the pledge observing social distancing norms

Elocution competition at Corporate Office on 28.10.2020 following social distancing norms

Observation of Birth Anniversary of Late Sardar Vallabbhai Patel as “ Rashtriya Ekta Diwas” ( National Unity Day) on 31st October, 2020

During observation of "Rashtriya Ekta Diwas" (National Unity Day) MSTC employees have taken pledge 31st October 2020.

 

 

MSTC employees have taken pledge during the “Campaign for COVID-Appropriate Behaviour” on 8th October 2020.

 

              श्री एस. के. गुप्ता, अध्यक्ष एवं प्रबंध निदेशक, एमएसटीसी 26.08.2020  को नराकास(पीएसयू), कोलकाता की ई-बैठक में शामिल

 

PM Modi to address launching of auction of 41 coal mines for commercial mining

Ministry of Coal in association with FICCI is launching the process for auction of 41 coal mines for commercial mining, Govt is looking forward to commercial coal mining as one of the most significant reforms in coal sector post-liberalisation

 PSU WATCH BUREAU- JUNE 17, 2020



New Delhi: Ministry of Coal in association with FICCI is launching the process for auction of 41 coal mines on Thursday under the provisions of CM (SP) Act and MMDR Act meant for commercial coal mining. PM Modi will address during the launch of the auction process outlining his vision for the country to achieve atmanirbharata in the mining sector. This landmark step is expected to boost private participation which will increase production, induce competition, enhance productivity by facilitating the use of latest equipment, technology and services through higher investments, pave way for sustainable mining and creation of avenues for more employment generation in the backward regions of the country. With the launch of commercial mining, India has unlocked the coal sector fully with opportunities for investors related to mining, power and clean coal sectors. Govt has dubbed commercial coal mining as the historic reform post liberalisation.
The coal mining auction process marks the beginning of the opening of the Indian coal sector for commercial mining. It will enable the country to achieve self-sufficiency in meeting its energy needs and boost industrial development. The commencement of this auction process of coal mines for sale of coal is part of the series of announcements made by the Government of India under the Atmanirbhar Bharat Abhiyan. The event will take place virtually at 11 AM on June 18, 2020. The event will be open to all to join virtually through various networks hosted by NIC, NeGD of MEiTY and FICCI. A two-stage electronic auction process is being adopted for allocation of the coal mines. Details about the auction process including the bid documents with the model agreement, detailed timelines of the auction process, coal mines on offer can be accessed at http://cma.mstcauction.com/auctionhome/coalblock/index.jsp which is being hosted by MSTC Limited, the auction platform provider.
"The mines will contribute Rs 20,000 crores revenue annually to the state governments and will generate approximately Rs 33,000 crore of capital investment in the country over next 5-7 years" a press release issued by the Ministry of Coal mentioned.

Top Benefits of Auction of 41 Coal Mines: Employment for over 2.8 lakh, Rs 20k cr revenue to states and much more

Prime Minister Narendra Modi on Thursday launched the auction process for 41 coal blocks for commercial mining.

Prime Minister Narendra Modi on Thursday launched the auction process for 41 coal blocks for commercial mining, a move that opens India's coal sector for private players, and termed it a major step in the direction of India achieving self-reliance. Launching the auction of mines for commercial mining, the Prime Minister said India will win the coronavirus war and turn this crisis into an opportunity, and the pandemic will make India self-reliant.

- Upon attainment of Peak Rated Capacity of production of 225 MT, these mines shall contribute about 15% of the country’s projected total coal production in 2025-26.

- JOBS: Employment generation for more than 2.8 lakhs people: Direct employment to approximately 70,000 people and indirect employment to approximately 210,000 people.

- Rs 33k cr investment: Expected to generate approximately Rs 33,000 crore of capital investment in the country over next 5-7 years.

- Rs 20,000 crores revenues: These mines will contribute Rs 20,000 crores revenues annually to the state governments 100 per cent FDI is likely to bring in international practices, latest technologies and mechanisation in mining operations.

- Self-reliance with substitution of imports by independent thermal power plants and captive power plants resulting in saving of foreign currency.

- Boost to the regulated and non-regulated sector by ensuring sustained coal stocks for industries with greater reliability.

- FREE MARKET: Moving towards a free market structure with implementation of the National Coal Index.

-CLEAN ENERGY: Promoting the practice of efficient use of clean energy and reduce the scourge of environmental pollution with incentive to Coal Gasification & Liquefaction.

AUCTION PROCESS:

- A two-stage electronic auction process is being adopted for allocation of the coal mines.

- Details about the auction process including the bid documents with the model agreement, detailed timelines of the auction process, coal mines on offer can be accessed at http://cma.mstcauction.com/auctionhome/coalblock/index.jsp which is being hosted by MSTC Limited, the auction platform provider.

Published in Zee Business Online

Prime Minister Modi to address launching of Auction of 41 Coal Mines for Commercial Mining on 18th June, 2020

Posted On: 17 JUN 2020 7:16 PM by PIB Delhi

1. With a view to achieve atmanirbharata in the Coal sector, the Ministry of Coal in association with FICCI is launching the process for auction of 41 coal mines under the provisions of CM (SP) Act and MMDR Act. This auction process marks the beginning of opening of Indian coal sector for commercial mining. It will enable the country achieve self-sufficiency in meeting its energy needs and boost industrial development. The commencement of this auction process of coal mines for sale of coal is part of the series of announcements made by the Government of India under the Atmanirbhar Bharat Abhiyan. The event will take place virtually at 11 AM on 18th June, 2020. The event will be open to all to join virtually through various networks hosted by NIC, NeGD of MEiTY and FICCI.

Launch of the Auction Process

2. Hon’ble Prime Minister will grace the occasion by delivering an address during the launch of the auction process outlining his vision for the country to achieve atmanirbharata in mining sector which is the key source of input for many basic industries like Power, Steel, Aluminium, Sponge Iron etc. Shri PralhadJoshi  Hon‘ble,  Minister for Coal, Mines and Parliamentary Affairs will be present during the occasion.

3.This landmark step is expected to boost private participation which will increase production, induce competition, enhance productivity by facilitating use of latest equipment, technology and services through higher investments, pave way for sustainable mining and creation of avenues for more employment generation in the backward regions of the country. With the launch of commercial mining, India has unlocked the coal sector fully with opportunities for investors related to mining, power and clean coal sectors.

4. Shri Dr Sangeetha Reddy, President, FICCI, Mr Anil Agarwal, Chairman Vedanta Group, and MrN. Chandrasekharan, Chairman, Tata Sons will also speak during the event.

5. The event will be web telecast live and is expected to be attended by eminent industrialists, businessmen, banking professionals, mining industry entrepreneurs, diplomats, foreign delegations etc.

Key terms of the auction process

6. A two stage electronic auction process is being adopted for allocation of the coal mines. Details about the auction process including the bid documents with the model agreement, detailed timelines of the auction process, coal mines on offer can be accessed at http://cma.mstcauction.com/auctionhome/coalblock/index.jsp which is being hosted by MSTC Limited, the auction platform provider.

7. Benefits to the country:

• Upon attainment of Peak Rated Capacity of production of 225 MT, these mines shall contribute about 15% of the country’s projected total coal production in 2025-26.
• Employment generation for more than 2.8 lakhs people: Direct employment to approximately 70,000 people and indirect employment to approximately 210,000 people.
• Expected to generate approximately Rs 33,000 crore of capital investment in the country over next 5-7 years.
• These mines will contribute Rs 20,000 crores revenues annually to the state governments
• 100 per cent FDI is likely to bring in international practices, latest technologies and mechanisation in mining operations.
• Self-reliance with substitution of imports by independent thermal power plants and captive power plants resulting in saving of foreign currency.
• Boost to the regulated and non-regulated sector by ensuring sustained coal stocks for industries with greater reliability.
• Moving towards a free market structure with implementation of the National Coal Index.
• Promoting the practice of efficient use of clean energy and reduce the scourge of environmental pollution with incentive to Coal Gasification & Liquefaction.

Celebration of International Women's Day in MSTC Limited, Head Office at Kolkata

CMD, MSTC Ltd called on Additional Secretary, Revenue Department, Govt of Odisha on 6th March, 2020

CMD MSTC called on Joint Secretary, Excise Department, Odisha on 6th March, 2020

CMD, MSTC Ltd called on Director of Mines, Odisha on 6th March, 2020

CMD MSTC Limited called on Additional Chief Secretary(Steel & Mines), Odisha on 6th March, 2020

CMD MSTC, called on CMD NALCO on 6th March, 2020

CMD MSTC in Bhubaneswar Office on 06.03.2020

CMD, MSTC addressing employees of Bhubaneswar Branch office

National Voters’ Day celebrated

National Voters’ Day is celebrated since 2011 to mark the Foundation day of Election Commission of India, which was established on 25th January 1950.

National Voters’ Day celebrated at MSTC Limited on 24-01-2020. In a function at Head Office Kolkata, CMD administered the pledge; functional Directors, CVO, executives and non-executives were present.

नराकास(उपक्रम), कोलकाता द्वारा प्रथम पुरस्कार प्राप्त

नगर राजभाषा कार्यान्‍वयन समिति, कोलकाता की ओर से निगमित कार्यालय वर्ग में एमएसटीसी लि. के प्रधान कार्यालय को राजभाषा के क्षेत्र में श्रेष्‍ठ कार्य-निष्‍पादन हेतु 29.01.2020 को पश्चिम बंगाल के राज्‍यपाल माननीय श्री जगदीप धनखड़ जी के द्वारा पुरस्कार प्रदान किया गया। एमएसटीसी लि. की ओर से यह पुरस्‍कार श्री सुरेंद्र कुमार गुप्ता, अध्‍यक्ष एवं प्रबंध निदेशक ने प्राप्‍त किया। श्रीमती दीपान्विता राय, वरिष्‍ठ प्रबंधक, राजभाषा को प्रशस्ति-पत्र दिया गया। इसके अतिरिक्त श्री आदित्य सोनी, स.प्र.(वि व ले) ने हिंदी में टिप्पण व पत्र लेखन प्रतियोगिता में प्रथम पुरस्कार प्राप्त किया। इस सम्‍मान को प्राप्‍त कर समस्‍त एमएसटीसी परिवार गर्वित है।

यह पुरस्कार एमएसटीसी लि. के उन सभी कार्मिकों को समर्पित है, जिन्होंने अपने कार्य में राजभाषा हिंदी को बढ़ावा दिया है।