Barapukria Coal Mining Company Limited (BCMCL) in 2014-15 fiscal had extracted 6.76 lakh matric tonne coal against its target of extracting 7 lakh metric tonne coal.
During the fiscal, BCMCL had earned Tk 853.84 crore by selling 5.22 lakh metric tonnes coal to 250 MW Barapukriacoal fired power plant of Power Development Board (PDB) and 3.14 metric tonne to other entities including brick fields.
The information was disclosed during the 17th Annual General Meeting (AGM) of the BCMCL held at the Bangabandhu International Conference Centre (BICC) on November 12, 2015. Ishtiaque Ahmed, chairman of Petrobangla and the Board of Directors of BCMCL presided over the AGM.
Ishtiaque said that the company made a net profit of Tk 379.47 crore in 2014-15 fiscal which was Tk 336.11 crore in 2013-14 fiscal. The company had deposited Tk 225.61 crore to the government exchequer in the 2014-15 fiscal.
In the same fiscal year, the BCMCL successfully completed the extraction work from the 1212 longwall face of the second sluice. The company has been extracting coal from 1208 longwall face which is considered as the milestone for the company.
From May 2013, BCMCL has adopted Loangwall Top Coal Caving (LTCC) for extracting coal from the coal mine. It had paved the way to adopt the usage of state of art technology in coal mining in the country.
After the AGM, a dinner was organized at the BICC where Mostafizur Rahman, Minister of Primary and Mass Education, Chairman of Petrobangla and other officials attended.