Government mulls common coal trading platform for Coal India and private companies

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The history of Agarwal Group is an interesting saga of the transformation of a small venture to a Gigantic Business Group. It all began from Rohtak Haryana from where the founders of the group belong. Subsequently, destiny brought them to Indore the commercial capital of M. Purshottam Agarwal along with his brothers Mr. Vinod Agarwal and Mr. Sanjay Agarwal and with the outright support and encouragement of his beloved father Late Shri Ram Kumar Agarwal commenced Agarwal Transport Corporation in — a firm involved list of coal trading companies in india the transportation of Indian Coal.

Gradually they got diversified into coal business and embarked on to launch Agarwal Coal Corporation. Thereafter this firm was converted into a corporate company with the name Agarwal Coal Corporation Pvt. Today this company is one of the largest importers of coal in India. All the three brothers independently further strengthened the success and diversified the group into various sectors.

The group has set many milestones for itself and also for the others and can be rightly termed as a trendsetter. Its voyage in the vast ocean of success still continues as it diversifies itself into various fields.

This incredibly large business group of List of coal trading companies in india India saw the light of the day in with the incorporation of its very list of coal trading companies in india logistics company by the name Agarwal Transport Corporation Pvt. Agarwal - The Managing Director of the group. He humbly began his entrepreneurship career with the business of booking trucks for coal transportation which he soon diversified into various other ventures.

Purshottam Agarwal firmly believed that a business could take a global shape despite being based at Indore and he thus expanded the coal business all over the country. Sanjay Agarwal has always been the backbone of the group. In his teens, he started his career in the coal business with directly handling the mining operations. He has been the 'Creator' for the group by handling all the construction of the group. He later diversified the group into various sectors. Apart from the flagship coal business of the group it is diversified in ventures such as: The group initiated its success story with the incorporation of Agarwal Transport Corporation in It has twenty-five branches running profitably in the states of Madhya Pradesh, Maharashtra, Gujarat and Rajasthan.

The prospects of the group in this sector are bright visit Admanum Finance website. With a view to provide a congenial dwelling atmosphere to the people of Indore, the group has recently stepped in the rapidly growing field of construction. The third project by the name of Emerald Court is under execution. LBF offers course books in various subjects till 8th standard and is considered to be a revolutionary concept in list of coal trading companies in india modern academic arena.

Due to the list of coal trading companies in india volume of these factories the group holds the honor of being one of the largest cement sack manufacturers in India. Which are state list of coal trading companies in india the art plants imported from Switzerland. The Malwa Region is famous all over India for its hospitality and the delicious food. The group has also spread its branches outside the periphery of India and has acquired a global shape.

With the inspiration from his father and the blessings of his beloved mother, he commenced his business career at the juvenile age of merely 15 years. It is a fact worth noting that he was not a graduate when he launched his career. Subsequently, being a bright student he acquired the degree of B.

List of coal trading companies in india his strategic vision and knowledge, he has succeeded in taking his group to the top-most rung of the ladder. He believes in running the business in a very professional manner with strict supervision and guidelines. The company was established with a view to provide a congenial dwelling and working atmosphere to the people of Indore.

Emerald Court is the second project of the company which comprises of four mid rise buildings and a club house. The prospects of the group in this sector are bright. In this era when the whole world is aiming at energy generation through non-conventional energy resources, we have installed totally nine wind power generation plants in Madhya Pradesh, Rajasthan and Maharashtra generating Seven MW of electricity, with a view to promote the cause of environment protection.

Whenever Agarwal Coal takes a step forward towards profitable growth, it also makes a sincere effort to bring the society a step forward through its social initiatives.

To earn from every penny one invests in business is difficult but to yield the desired results from every penny invested in philanthropic initiatives is even more difficult thus in order to maximize the benefits to the society from its initiatives Agarwal Coal has chalked out the following areas of interest for its CSR initiatives. Sound Health is the basic need of human sustenance, thus Agarwal Coal has taken the following steps to improve the infrastructure and equipment associated with health care.

A facility set up to provide basic health care facilities to the population residing in the rural areas surrounding Salasar. Vinod Agarwal has also established a foundation in association with the members of the Agarwal Samaj, which intends to provide free health insurance to the hundreds of needful who are deprived of the best medical facilities.

Agarwal Coal is of the belief that good infrastructure is the corner stone of community development, thus Agarwal Coal has built some sizeable projects in order to create world-class infrastructure for the benefit of all. The company is supporting the Annapurna Trust, Indore in building a massive religious hermitage and temple at Nashik, Maharashtra. The company has also supported Agarwal Samaj to a great extent in building up necessary infrastructure which benefits the masses.

Agarwal Coal Corporation Pvt. Agarwal Fuel Corporation Pvt. Agarwal Transport Corporation Pvt. Agarwal Coal Washery Pvt. The flagship company of the Agarwal Group with a turnover of more than Rs Three Thousand Crore is one of the largest importer and trader of coal in India.

In the last fiscal year the company imported nearly List of coal trading companies in india Million Tonnes of coal in the Indian Subcontinent. However, this summit was reached by the consortium of companies which operate together backing Agarwal Coal in its endeavors.

The consortium has twenty-five marketing offices located strategically in close reach of the Industries. The companies together offer a complete mine to plant solution for our customers which include Cement, Steel, Power, Textiles, Brick Chambers, Paper and all other types of industries. All the coal procurement and shipping contracts done by the company are in symphony with internationally proclaimed coal price indices and shipping list of coal trading companies in india indices in order to get list of coal trading companies in india best possible deals in the international markets.

As a part of the risk management policy the company follows a strong and dynamic hedging policy in order to reduce the impact of the highly volatile foreign exchange market. Agarwal Coal employs sophisticated enterprise resource planning software ERP throughout its business model to integrate all our business processes seamlessly and efficiently. During its long voyage since its incorporation in till date, the company has grown and made miraculous progress under the expert direction and farsighted business approach of Mr.

Agarwal — The Managing Director. He possesses commendable business intellect and indomitable determination. The company with the assistance of its sister concern Agarwal Transport Corporation Pvt. The different formats of delivery which the company offers are. The company in all also stocks a million tonnes of coal at various Indian ports throughout the year, it maintains high quality standards with the coal being inspected at various stages by recogonised and accredited inspection agencies.

Being one of the highest volume suppliers of coal Agarwal Coal has a distinctive edge over its competition in every aspect of the business. History Agarwal Group M. Corporate Social Responsibility Whenever Agarwal Coal takes a step forward towards profitable growth, it also makes a sincere effort to bring the society a step forward through its social initiatives. Infrastructural Development Agarwal Coal is of the belief that good infrastructure is the corner stone of community development, thus Agarwal Coal has built some sizeable projects in order to create world-class infrastructure for the benefit of all.

A One hundred rooms lodging facility with modern amenities for the pilgrims who travel from far off places to Salasar Dham. A high standards community hall set up along side a park in order to facilitate community events, recreation, weddings, religious gatherings and list of coal trading companies in india other types of events that the rural population wants to conduct.

The park also comprises of a staggeringly tall 61 Feet Hanuman Statue. Environmental Protection "Energy Conservation is the order of the day. Overview The flagship company of the Agarwal Group with a turnover of more than Rs Three Thousand Crore is one of the largest importer and trader of coal in India. Services Agarwal Coal Corporation Pvt. The different formats of delivery which the company offers are High Seas Sale Delivery at the Port Delivery at the Plant Tax-Paid Sale Delivery at the Port Delivery at the plant The company in all also stocks a million tonnes of coal at various Indian ports throughout the year, it maintains high quality standards with the coal being inspected at various stages by recogonised and accredited inspection agencies.

Coal Type Imported Indian. DGM Amresh Choudhary chennai agarwalcoal. DGM Amresh Choudhary tuticorin agarwalcoal. Accpl is always keen on hiring worthy and enthusiastic people.

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It encompasses the whole gamut of identification of coal reserves, detailed exploration followed by design and implementation and optimizing operations for coal extraction in its mines. The producing companies are:. As a natural corollary India's energy needs too are fast expanding with its increased industrialization and capacity addition in Power generation.

This is where 'Coal' steps in. In India coal is the critical input for major infrastructure industries like Power, Steel and Cement. Coal is the most dominant energy source in India's energy scenario. India is the 3rd largest coal producing country in the world after China and USA. Coal India Limited at a glance Coal India Limited CIL as an organized state owned coal mining corporate came into being in November with the government taking over private coal mines.

With a modest production of 79 Million Tonnes Mt at the year of its inception CIL today is the single largest coal producer in the world. Operating through 82 mining areas CIL is an apex body with 7 wholly owned coal producing subsidiaries and 1 mine planning and consultancy company spread over 8 provincial states of India.

CIL also manages other establishments like workshops, hospitals etc. CIL having fulfilled the financial and other prerequisites was granted the Maharatna recognition in April It is a privileged status conferred by Government of India to select state owned enterprises in order to empower them to expand their operations and emerge as global giants.

Mission of Coal India Limited To produce and market the planned quantity of coal and coal products efficiently and economically in an eco-friendly manner with due regard to safety, conservation and quality. The producing companies are: Coal India's major consumers are Power and Steel sectors. Others include Cement, Fertiliser, Brick Kilns, and small scale industries.

Against a coal production growth of 6. CIL's dynamic production momentum is evident from the fact that it leaped from Mt. Due to such massive growth in production of CIL, it has become possible that not a single Utility was in critical or supercritical condition for want of coal and at the same time there was decline in import of coal resulting in substantial Forex saving in Two of the subsidiary companies of CIL viz.

Acquiring assets abroad CIL is pursuing initiatives for acquiring metallurgical and high CV thermal coal assets abroad to enhance the energy security of the country. In spite of best efforts, realistically CIL would not be able to satiate growing demand of metallurgical coal, as well as good quality thermal coal, in the country from domestic sources due to scarce techno-economically extractable reserves of such grades. Since import of such grades of coal is inevitable, CIL, being the nation's leading energy supplier, is positioning itself in foreign coal producing countries to secure the supplies of domestically scarce grades of coal.

Transparency Initiatives Introduction of E-auction for selling coal to any consumer from any location in transparent manner In the endeavour to extend the facility of procuring coal in a transparent manner, CIL has brought a few additional features in the e-auction process for sale of coal. Now, multiple windows are available to cater the different needs of the consumers.

Segment specific forward e-auction for power and non-power consumers, apart from specific end-use consumers, the windows are designed to cater the need of those whose captive coal blocks have been de-allocated by the Order of Hon'ble Supreme Court or units otherwise stranded for non-availability of linkage or for not having Power Purchase Agreements with DISCOMs and therefore, are not entitled to procure coal through FSA route, etc.

Welfare measures for the community at large, so as to ensure the poorer section of the Society derived the maximum benefits. Contribution to the society at large by way of social and cultural development, imparting education, training and social awareness especially with regard to the economically backward class for their development and generation of income to avoid any liability of employment.

Protection and safeguard of environment and maintaining ecological balance. Mobile Dispensaries and wellness clinics introduced on a large scale. Tele-medicine facilities introduced in central hospitals.

Provides medical services to employees, their families and local populace through 86 fully equipped hospitals having beds. Employs specialist Doctors. Runs dispensaries and has Ambulances. Provides potable water to about 1. Introduced 'Coal India Scholarships' for Below Poverty Line students plus 25 wards of land losers in government engineering and medical colleges. Scholarship covers education, hostel and mess charges Meets the entire cost of wards of workmen securing admission in government engineering and medical colleges Committed to generate employment opportunities for people in mining areas by providing vocational training.

The poor and needy Section of the Society living in different parts of India would normally be covered. The company Pursues 'Mining with a human face' through socially sustainable inclusive model of growth by making Project Affected People stakeholders in the decision making process for their livelihood. Medical facilities extended to nearby communities in fully equipped company hospitals.

Mobile dispensaries and Tele-medicine facilities meant for employees also extended to nearby village populace. Care for Environment Coal India has been playing a proactive role in environment protection so as to ensure that its mining operations are carried out in environmentally compatible manner. Committed to minimize the adverse impact of coal mining on environment through well structured Environment Management Plans and sustainable development activities.

Suitable water spraying systems for arresting fugitive dust in roads, washeries, CHPs, Feeder Breakers, Crushers, coal transfer points and coal stock areas have been installed. Mist spray systems have been introduced along conveyor routes, transfer points and on bunkers. Mobile water sprinkling has been provided in all the haul roads of OC mines. Automatic sprinklers have also been installed in CHPs. Eco-friendly mode of transport in order to reduce the dust pollution due to road transportation are being adopted.

Massive tree plantation in and around mining area, controlled blasting, use of modern techniques reduce air and noise pollution.

Domestic waste water treatment facilities have also been provided to deal with the domestic effluent. The level of pollutants is being monitored on routine basis as per the statutory guidelines to ascertain the efficacy of the pollution control measures being taken in the projects. Additional remedial measures are taken, if required, to keep the pollutant level within the limits prescribed by regulatory bodies.

Technical ad biological reclamation of the mined out areas and the external overburden dumps are being taken by planting native species of plants for restoring the ecology. For effective Bio- reclamation of used land, scientific studies are being carried out to select suitable species of plants for each coalfield and sustainable sequence of reclamation from grass to shrubs to trees for 3 tier plantation are also adopted.

The subsidiaries of CIL have planted around This integration is being extended to all mines in phases. Sitemap Disclaimer Privacy Policy.