Shortfall in physical performance of the Company during is due to the following:
The turnover of the Company was Rs. The total expenditure of the Company declined by about The outgo on this account will be Rs. The Company has paid an amount of Rs.
Change in the nature of business: There has been no change in the nature of Business of the Company 5. Physical performance Factor Affecting Performance During —15, adverse performance of the Company can be attributed to the following: Also, submerging of lower benches for a longer period to due to unseasonal rainfall affected by cyclonic storm.
Stoppage of Surda Mine Jharkhand operation from 8. Jharkhand Government has extended the Surda Mine lease pursuant to the MMDR Amendment Act and production from the mine is likely to commence after the mobilization of resources is completed by the Contractor.
Dewatering system at Malanjkhand mine has been strengthened to take care of excessive rainfall during the year. Necessary steps have been initiated to enhance excavation at MCP open pit mine to expose more ore face which will improve the copper ore grade.
To argument the water availability at Khetri in near term, deepening of four existing wells at Chaonra has been taken up to augment additional Cu. As a long term measure, proposal for providing surface water Cu. The mine—wise scheme and status is given below: Malanjkhand Copper Project It is proposed to expand the production capacity of Malanjkhand mine from present 2 Mtpa to 5 Mtpa by developing an underground mine below the existing open cast mine at an estimated cost of Rs.
The Foundation stone laying of the project had been held on Mine wise status is given below: Action for floating tender is under process. Development of Banwas deposit started in May,and the work is expected to be completed by Surda mine expansion The plan envisages increase in the depth of the mine and enhancement of production capacity from 0.
Operation of Surda mine has been stopped since The contract for reopening and allied mine development for 4 years has been awarded to the successful bidder on Environmental clearance from MoEF obtained on The contract for reopening and expansion of Rakha Copper mine for 5 years has been awarded to the successful bidder on Environmental clearance of Rakha mining lease obtained on The work shall start after obtaining statutory clearances and restoration of the power facility at site.Hindustan Copper Limited Kolkata Your Directors have pleasure in presenting the forty-ninth Annual Report of HindustanCopper Ltd.
(HCL/the Company) together with the audited statement of accounts andAuditors' Report thereon for the year ended 10 days ago · Hindustan Copper: Detailed Slugfest in Annual Report. Hindustan Copper: Detailed Slugfest in Annual Report.
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Kolkata. Your Directors have pleasure in presenting the forty–seventh Annual Report of the Company . Hindustan Copper Director Reports, Company Financial Results of Hindustan Copper, Company History, Directors Report, Chairman's Speech, Auditors Report & Director Reports, Company .