New Delhi: Rajendra Prasad Shukla, has taken over as Director (Finance) of Western Coalfields Limited (WCL), a Miniratna PSU under the Ministry of Coal, on August 1. Prior to this assignment, he was serving as General Manager in South Eastern Coalfields Limited (SECL), also a Miniratna PSU under the Ministry of Coal. According to an order issued on July 30, Shukla has been appointed to the post with effect from the date of assumption of charge of the post till the date of his superannuation ie December 31, 2021, or until further orders, whichever is earlier.
Earlier, PSU Watch had reported when Shukla had been recommended for the post of Director (Finance) of WCL by a PESB panel on February 13. He was selected from a list of seven candidates.
Education & background
Shukla is a Cost Accountant from the Institute of Cost Accountants of India (ICAI). He also holds a Master's of Business Administration (MBA) degree in International Finance from Indira Gandhi National Open University (IGNOU). He has a work experience of about 34 years in the mining and metals industry. Over the course of his career, he has handled Indian Taxation, Internal Audit, Cost Management, Cost Control and Financial Accounting.
Western Coalfields Limited (WCL)
Western Coalfields Limited (WCL) is one of the eight subsidiary companies of Coal India Limited (CIL). It has its registered office at Nagpur (MH). WCL has been conferred "Miniratna" status on March 15, 2008. The company has contributed about 6.7 percent of the national coal production during 2014-15. It has mining operations spread over the states of Maharashtra (in Nagpur, Chandrapur and Yeotmal Districts) and Madhya Pradesh (in Betul and Chhindawara Districts). The company is a major source of coal supplies to the industries located in Western India in the states of Maharashtra, Madhya Pradesh, Gujarat and also in Southern India in the states of Andhra Pradesh, Tamil Nadu, Karnataka and Kerala.
(PSU Watch- India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)