Section 4(b)-(i):Particulars of the Organisation

  • Name and address of the Organization
    Western Coalfields Limited (A Miniratna Company)
    Civil Lines, Nagpur

 

  • Head of the organization
    Shri Manoj Kumar
    CMD, WCL

 

  • Vision, mission and key objective
    Vision- To emerge as a global player in the primary energy sector committed to provide energy security to the country by attaining environmentally and socially sustainable growth through best practices from mine to market.
    Mission- 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.

 

  • Any other details- the genesis, inception, formation of the department and HoD’s from time to time as well as committee from time to time have been dealt
    With the government's national energy policy the near total national control of coal mines in India took place in two stages in 1970s. The Coking Coal Mines (Emergency Provisions) Act 1971 was promulgated by government on 16 October 1971 under which except the captive mines of TISCO, and DVC, the Government of India took over the management of all 226 coking coal mines and nationalised them on 1st May, 1972. Bharat Coking Coal Limited was thus born. Further by promulgation of Coal Mines (Taking over of Management) Ordinance 1973 on 31 January 1973 the Central Government took over the management of all 711 non-coking coal mines. In the next phase of nationalization these mines were nationalized with effect from 1 May 1973 and a public sector company named Coal Mines Authority Limited (CMAL) was formed to manage these non-coking mines.
    Sub- committees of Boards are :-
    1. Audit Committee.
    2. Nomination and Remuneration Committee
    3. Corporate Social Responsibility Committee
    4. Risk Management Committee
    5. Stakeholders Relationship Committee
    6. Share Transfer Committee