CCL Full Form
What is the full form of CCL?
Central Coalfields Limited (CCL) is an Indian Miniratna company. Since October 2007, it has been the first category of the Miniratna firm. This corporation was founded on November 1, 1975. Their objective is to "create a world-class, innovative, competitive, and profitable coal mining operation that prioritises customer satisfaction."
During 2009-10, the company's coal output hit an all-time high of 47.08 million tonnes, with a net value of Rs.2644 crore and a paid-up capital of Rs.940 crore. CCL (previously National Coal Development Corporation Ltd) was founded on November 1, 1975, as one of five subsidiaries of Coal India Ltd, the country's first coal holding company (CIL now has 8 subsidiaries).
History of the CCL
CCL has an illustrious history. As a part of the NCDC, it signalled the start of India's nationalisation of coal mines. National Coal Development Corporation Ltd. (NCDC) was established in October 1956 as a government-owned company in accordance with the Government of India's Industrial Policy Resolutions of 1948 and 1956. It began with a core of 11 former state collieries(industry machines required for coal production) (owned by the railways) with an annual output capacity of 2.9 million tonnes of coal. Prior to the founding of NCDC, coal mining in India was mostly limited to the Raniganj coal belt in West Bengal and the Jharia coalfields in Bihar (now in Jharkhand), as well as a few other places ithe n Bihar (now in Jharkhand) and a portion of Madhya Pradesh (present-day Chhattisgarh).
The Assimilation of Coal Mines into the Central Government
The Coal Mines Authority Ltd. (CMAL) was established, with its headquarters in Calcutta (now Kolkata), to administer and develop NCDC collieries and other newly nationalised enterprises. In the process, NCDC became a subsidiary of CMAL (which later came to incorporate the CCL), which possessed 36 collieries (industry machines required for coal production) in commercial production in Bihar, Orissa, Madhya Pradesh, and Maharashtra, as well as four coal washeries.
Formation of The CCL
The CMAL, with its three divisions, existed until November 1, 1975, when it was renamed Coal India Limited (CIL) in response to the Government of India's determination to reform the coal business. Central Coalfields Limited was formed from the Central Division of CMAL and became an independent business having the status of a subsidiary of CIL, which became the holding company.
Purpose of The CCL
The purpose of the CCL is as follows:
Optimize internal resource creation through increasing resource productivity, reducing waste, and mobilising appropriate external resources to satisfy investment needs.
To maintain high safety standards and strive towards accident-free coal mining.
To prioritise afforestation, environmental conservation, and pollution control.
To conduct extensive exploration and planning for new projects in order to fulfil future coal demand.
To upgrade existing mines.