SINGARENI COLLIERIES COMPANY LIMTED (SCCL)

SCCL is a joint undertaking of Government of Andhra Pradesh and the Government of India. The equity capital is shared in the ratio of roughly 51:49 between Government of Andhra Pradesh and the Central Government respectively. The headquarters of the company is at Kothagudem in Andhra Pradesh SCCL produces about 10% of the country’s coal production and 76% of its production is despatched to the coal based thermal power plants in Maharashtra, Andhra Pradesh and Karnataka. The remaining part of SCCL’s coal production is supplied to the cement companies and other industries. In order to provide long-term financial stability in SCCL for investment in new coal projects and for increasing its production efficiently, the financial restructuring of the company has been done in June, 1999.