Sunday, October 2, 2022

NCL to go for all-round sustainable development model for coal mining: CMD NCL

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New Delhi: Northern Coalfields Limited (NCL) has established an all-round development model for coal mining by setting up its research and development (R&D) centre “SARAS,” the centre of excellence, infrastructure up-gradation and IT initiatives. This was presented by NCL’s CMD PK Sinha to the gathering of policymakers and think tank of the country at the National Seminar on Innovation Driving Productivity with special focus on coal, power, steel and MSME sectors organised by World Confederation of Productivity Science in New Delhi on Friday.

With the fast-changing technology-driven world, innovation is an essential part of business strategy for any successful organisation in a highly competitive environment and is crucial in identifying trajectory for future growth. In a vision to ensure advance preparation with current and future challenges of the mining sector, NCL has come up with a unique concept/model ‘SARAS (Science & Applied Research Alliance and Support)’ spreading wings from Lab to Industrial ground.

SARAS comprises of four pillars described as:

(i) Integration of Innovation and Research for enhancing production, productivity, and safety in mines, for this company has set up a dedicated R&D centre in collaboration with IIT (BHU) and have already commenced six varied domain projects worth Rs 60 Million

(ii) Establishment of centres of excellence to ensure technical support to R&D along with thrust on quality skill development and employment to local youths of company’s operational area, in another initiative in this line NCL has NCL-IIT (BHU) incubation centre, where 21 nos. of budding startups are nurturing

(iii) Continuous improvement of the existing technical infrastructure of the company for operational efficiency where up-gradation of its training facility and mega repair workshops will be done and

(iv) The last to Integrate all initiatives under SARAS with common tech platforms for optimum utilization of resources.

In the conference, Sinha was also elected as a fellow in world academy of productivity science by World Confederation of Productivity Science for his significant and longitudinal contributions to the improvement of productivity, quality of work, and other countless contributions to the coal sector.

Disclaimer: This story is a press release and is being published without any editing by PSU Watch desk. Our editorial team has only changed the headline.

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