Central Mine Planning & Design Institute Limited (CMPDI), a Ranchi-based subsidiary of Coal India Limited (CIL), has registered an all-round performance in 2009-10. The PSU crossed the barrier of 4 lakh meter of drilling in a year.
A senior official of CMPDI told Business Standard that the company had achieved a new record in exploration. The company, along with various agencies, has carried out about 5.22 lakh metres of drilling during 2009-10, registering a growth of 58% over the previous year by adopting a multi-pronged strategy which is induction of new drills/high capacity drills, replacement of old drills, opening of new camps, entering MoU with MECL and engaging government and private agencies for exploration.
Exploratory drilling has been carried out in 102 blocks/mines spread over 25 Coalfields in seven states. Apart from this, GSI & MECL have taken up promotional drilling in coal sector and has taken up regional exploration of 16 blocks in 8 coalfields.
CMPDI drills have achieved 2.64 lakh metres of drilling as compared to 2.28 lakh metres in the previous year. The average productivity of CMPDI’s drills has increased to 413 metre/drill/month as compared to 397 metre/drill/month last year registering a growth of 4%. One new drilling camp at Korba (in SECL area) has become operational.
Eighteen geological reports have been prepared by CMPDI establishing about 2.6 billion tonnes of coal resources to the ‘proved category’. He said 14 geological reports had been prepared under promotional exploration estimating 4.6 billion tonnes of new coal resources in indicated/inferred category.
Project reports have also been prepared with capacity addition of about 72 mt per year.
Nine reports have been prepared for setting up of various washeries on BOM (Build, Operate and Maintain) basis for coking/non-coking/NLW coal. Fourteen numbers of R&D and S&T projects have been completed.
The official said CMPDI recorded its highest turnover of Rs 457 crore in comparison to Rs 330 crore during last year registering a growth of about 39%. CMPDI has earned an estimated profit (before tax) of Rs 16.68 crore during 2009-10 as compared to Rs 6.74 crore in the last fiscal.
