The Public Enterprises Selection Board (PSEB) recommended Central Coalfields CMD Polavarapu Mallikharjuna Prasad as the next Chairman and Managing Director of Coal India (CIL). Prasad is expected to take the charge of India’s largest coal miner accounting for almost 80 per cent of the mined commodity from July 1.
A mining engineer from Osmania university, Prasad took over as the CCL CMD on September 1, 2020, and has more than three decades of experience in the mining sector. He is credited for the diversion of Nallah at Hingula opencast area to unlock coal reserve of 26 million tonnes (MT) in FY15 and the commencement of a new railway siding at the Talcher Coalfields.
Prasad also took over as the CMD of Bharat Coking Coal (BCCL) in August 2019. Both CCL and BCCL are subsidiaries of CIL. Prasad will take over the baton from serving CMD Pramod Agrawal, whose term ends on June 30, 2023. Agrawal is a Madhya Pradesh cadre IAS officer, who took over the charge of CMD of the mining behemoth from Anil Kumar Jha in January 2020. He is the third officer from the Indian Administrative Service to hold the top post at CIL.
Important takeaways for all competitive exams:
You may also read this:
The world is entering a new technological era — one where quantum computing, quantum communication…
The World Meteorological Organization (WMO) has issued its latest ENSO (El Niño–Southern Oscillation) Update, predicting…
Marking its 25th anniversary, IFFCO-TOKIO General Insurance Company (GIC) announced a new initiative aimed at…
New York-based AI company Runway has launched Gen-4.5, its most advanced text-to-video generation model to…
Following good monsoon rains, migratory birds like storks, pelicans, painted storks, and bar-headed geese have…
With rising crime complexity and new legal mandates requiring forensic evidence, India is strengthening its…