BCCL got excellent grade in Coal India in Corporate Governance Grading Report

CPSEs Grading Report 2019-20 In the subsidiaries of Coal India, all the companies except WCL have got excellent grading. ECL and CCL have also got excellent grading. BCCL CMD PM Prasad said that it is a matter of pleasure for the company to get this excellent grading.

Jagran Correspondent, Dhanbad. After a long time, there has been a lot of improvement in the financial situation of BCCL and in every level. Its effect is now visible. The grading of CPSEs for the year 2019-20 on the basis of compliance with the guidelines on Corporate Governance of CPSEs has been released. BCCL got excellent rating in the performance in the ongoing grading. Whereas in the year 2018-19, the company got very good rating. This is a big deal for the company. It is clear that the company’s performance is improving. The company’s CMD CM Prasad has expressed happiness. The employees are also happy.

Good luck for the company

Talking about the subsidiaries of Coal India, except WCL, all the companies have got excellent grading. ECL and CCL have also got excellent grading. On receiving excellent grading on the performance of the company, PM Prasad, CMD BCCL cum CCL said that it is a matter of happiness for the company. Everyone needs to work together. This trend needs to be continued. The development of all is linked to the performance of the company. He said that this performance is expected to yield better Performance Related Pay (PRP). Here, everyone is very excited about the performance of the company.

Grading List: Corporate Governance Grading Report of CPSEs (2019-20)

grading list of coal company

  1. BCCL-Excellent
  2. CCL-Excellent
  3. ECL-Excellent
  4. CMPDI-Excellent
  5. WCL-Very Good
  6. SECL-Excellent
  7. NCL-Excellent
  8. MCL-Excellent
  9. NLC-Excellent
  10. Coal India-Excellent

Edited By: mritunjay