Achievements

1. Achievement

  • The company paid dividend of Rs. 112.17 Crores to its shareholders, out of which Rs.74.20 crore paid to Government of India for FY 2021-22 being 30.01% of PAT in line with the provisions of DIPAM Guidelines.
  • The company declared dividend of Rs. 88.97 Crores (approx.) to its shareholders, for FY 2022-23.
  • The Govt of Madhya Pradesh vide order dated 25.05.2022 has extended the validity of Malanjkhand copper mining lease till 27.08.2043 as per Mineral (Mining by Government Company) Rules, 2015.
  • Production of ore from underground mine at Malanjkhand Copper Project has been started.
  • HCL has launched a platform on 15.07.2022 in Kuilisuta village, Jharkhand to promote micro-enterprises for craftsmen in various user segments of copper especially with a mission to revive Dokra craft, one of the earliest known methods of metal casting using lost-wax casting technique, reflecting the beauty of life in its various forms, in observance of the iconic week of Azadi Ka Amrit Mahotsav from 11.07.22 to 17.07.22.
  • Indian Copper Complex (ICC), Ghatsila unit of HCL, supplied Copper Strips for the work at Construction of Shri Ram Temple, Parkota and Development of infrastructure facilities at Shri Ram Janmbhoomi Complex at Ayodhya, UP.
  • Letters of appointment were distributed to the selected Doctors (4 nos.) for the mining units of HCL after the launch of mission recruitment drive by Hon’ble Prime Minister of India, Shri Narendra Modi. Further, company had done recruitment of 84 Nos. GET (Graduate Engineer Trainee) in various technical disciplines.
  • The Company has been rated ICRA A1+ (the best possible rating on short term scale) & ICRA AA+ (stable) (the second-best rating on long term scale) for its borrowing limits.
  • HCL has signed the tripartite 8th Wage Settlement for revision of Wages and Allowances of workmen for 10 years (w.e.f. 01.11.2017 to 31.10.2027) settlement periods.
  • HCL was signed a MoU with IIT (ISM), Dhanbad for collaborative and sponsored research projects for enhancing production through modifying mining methods with application of technologies, improvement of productivity and safety in mines, environmental clearance etc.
  • MCP was adjudged for 5-star Rating Award for excellence in all set norms in the Mining Industry for the Year 2021-22.
  • The Hon’ble Vice President of India, Shri Jagdeep Dhankhar, along with the Second Lady of India, Dr Sudesh Dhankhar and Shri Vivek Bharadwaj, IAS Secretary (Mines), Govt. of India visited Khetri Copper Complex (KCC) on 19.11.2022.
  • 43rd national seminar has been organized by Indian Institute of Metals (IIM) at KCC unit on 24 to 25 Feb’ 2023, on the subject “Capacity Expansion through extensive Exploration & Innovations for sustainable growth in Non-Ferrous Mineral Industries”.
  • TCP unit signed MoU with SCPPL (Savli Copper Products PVT. LTD.) for long term tolling agreement on 2 Marc’2023 for a period of 2 years.

2. Awards and Accolades

  • Hindustan Copper Limited (HCL) has won the prestigious 35th CFBP Jamnalal Bajaj Uchit Vyavahar Puraskar - 2022-23 in the Category of Manufacturing Enterprises – Large in recognition of the Company’s highest ethical standards and fair business practices.
  • Hindustan Copper Limited (HCL) has won the prestigious ASSOCHAM Business Excellence Award for Smart Waste Management Initiative of the Year at the Indian Mining and Minerals Conclave.
  • HCL received the first prize of “Rajbhasha Implementation Excellence Award” for its best performance in the direction of progressive use and implementation of Hindi in the meeting of the Town Official Language Implementation Committee (Undertaking), Kolkata held on 25.8.2022.
  • HCL was felicitated as sectoral star at the Fortune India’s “The Next 500: Breaking news Frontiers event at New Delhi on 24.06.22 for its outstanding rising performance in the Metal Industry.
    • Malanjkhand had won the following prizes during the celebration of Metalliferous Mines Safety Week 2022-23 at Malanjkhand under the aegis of DGMS Nagpur Region.
    • First prize in First Aid Team Competition and Cable Bolt Operator Trade Test
    • Second prize in Electrician and Diesel Mechanic Trade Test
    • Third prize in LHD Operator Trade Test
  • Malanjkhand copper mine have been declared Winner of the National Safety Award in the large opencast metalliferous mine’s category for Longest Injury Free Period.
  • Khetri Copper Mine of Khteri Copper Complex had received various awards on 36th Mine Safety Week of DGMS, Ajmer Region and 33rd MEMC by IBM, Ajmer Region are mentioned below: -
    • First prize in Storage transport & use of explosive, Electrical equipment & Installations and Mineral conservation
    • Second prize in Plant, Machinery maintenance & operation of winder and Environmental Monitoring
    • Third prize in Occupational health, safety, welfare amenities, vocational training & first aid, Overall performance and Publicity & Propaganda.
  • Kolihan Copper Mine of Khetri Copper Complex had received various awards on 36th Mine Safety Week, by DGMS, Ajmer Region and 33rd MEMC by IBM, Ajmer Region are mentioned below.
    • First prize in Occupational health & safety & welfare amenities and vocational training & first aid
    • Second prize in Overall, VT & First Aid, Mine Working & Plan and Publicity & Propaganda
    • Third prize in Electrical equipment & maintenance, Plant, machinery & Maintenance, Publicity & Propaganda, Azadi ka Amrit Mahotsav and Afforestation
  • Surda Mines of Indian Copper Complex had received various awards as per below:
  • Awards received on 60th Annual Metalliferous Mines Safety Week 2022.
    • Winner in VTC: Training Facilities
    • Runner in Drilling, Blasting, safe handling of Explosives and Implementation of PPE’s, SMP, SOP & safety Practices
  •   Awards received on 28th Mine Environment and Mineral conservation week  (2020-21)
    • Overall Performance: Winner
    • Sustainable Development, Afforestation, Environment Monitoring & Waste Dump Management: Best Performance
  •  Awards received on 29th Mine Environment and Mineral conservation week (2021-22)
    • Winner in Overall Performance, Publicity & Propaganda, Systematic & Scientific Development, Afforestation & Environment Monitoring
    • Kendadih Mines of Indian Copper Complex had received various awards as per below:
  • Awards received on 60th Annual Metalliferous Mines Safety Week 2022.
    • Winner in Mucking, Loading, Transport, Crushing, Winding, Underground Machineries, Garage, Plant & Equipment Maintenance.
    • Runner in Overall Performance of the contractor
  • Awards received on 28th Mine Environment and Mineral conservation week (2020-21)
    • Overall Performance: Runner
    • Best Performance in Reclamation & Rehabilitation, Systematic & Scientific Development
  • Awards received on 29th Mine Environment and Mineral conservation week (2021-22)
    • Winner in Reclamation & Rehabilitation, Sustainable Development & Waste Dump Management

3. Conservation of Energy

  • 5 kWp Roof top solar plant has been installed at MCP unit, which has produced approx. 3.78 lakhs of electricity in the year 2022-23 and saved approx. Rs. 20.4 lakhs.
  • 200 kWp Roof top solar plant and 800 KWp ground based Solar Power plant have been installed at KCC unit and is ready for commissioning (Regulatory approval is awaited).
  • 20 kWp Roof top solar plant has been installed at Surda, ICC unit, saved approx. 1.34 lakhs of electricity in the year 2022-23.
  • Total 856.50 kWp solar plant has been implemented across various units of HCL. Approximately 6.99 Lakhs unit of solar electricity has been generated by the installed Solar Power Plants resulting in a saving of Rs. 39.17 Lakhs during FY 2022-23.
  • Conventional motors in continuous running equipment have been replaced by energy efficient motors in all plant areas to improve efficiency and reduction in energy consumption.
  • Energy consumption is constantly monitored at the mines, plants and townships with a view to achieve overall reduction. In place of conventional lights, LED lights are installed in all five units to save energy and environment. The Company has saved around Rs.92.4 Lakhs in FY 2022-23 by replacing conventional lights with LED lights.
  • “IE3 energy efficient motors” has been made the standard specification, for motor procurement, across all applications in the units of HCL.
  • Approximately 6.99 Lakh unit of solar electricity has been generated by the installed Solar Power Plants across various units at HCL resulting in a saving of Rs. 39.17 Lakhs during FY 2022-23.
  • HCL has saved electricity charges of Rs. 550.61 Lakhs approx. during FY 2022-23 by taking various initiatives like reduction of contract demand, power factor improvement, introducing energy efficient equipment etc. across various units.

4. Technology Absorption

  • A trial development has been done successfully to enhance capacity of Vertical Froth Pump at MCP to process high grade ore more than 1%.
  • Up gradation of obsolete blower model FLANKT (centrifugal fan) to Twin Lobe Blowers (positive displacement blower) has been done at concentrator plant of MCP unit.
  • A trial development has been done successfully for enhancing the capacity of Ball Mill discharge pump at MCP, by subsequently increasing Ball Mill’s feed rate.
  • An advanced PLC based control system at MCP was adopted for control of Vertical Boring Machine.
  • Replacement/retrofitting of old Electro-Mechanical protection relay done with sophisticated, precise and reliable microprocessor based latest relay for better electrical protection of equipment and resources at MCP unit.
  • Air Circuit Breakers are installed for isolation & safety against electrical hazards and also enhance overall reliability of remote areas, protection to transformers, starters & motors at MCP unit.
  • MCP unit has procured and installed “Surpac” software for design and planning for underground project.
  • A study has been conducted to establish a suitable system for communication and auto-signaling at MCP underground mine and procurement of suitable communication system is under process.
  • The backing filling operation of under-ground void i.e. paste fill technology which will avoid the surface disposal of copper ore tailings and also reducing thereby the pollution load due to solid waste generated by the project. The construction of paste fill plant has started at MCP unit.
  • KCC unit has conducted Drone Survey for its three mining leases for generation of high resolution orthomosaic images capable of showing details in lateral direction as well as its elevations.
  • New screen panels (Screen 20A & 30A is changed in 25mmX25mm to 20mmX25mm) have been installed in KCC unit, resulted in achieving maximum fineness (-20mm size) ore in rod mill feed.
  • The tripper arrangement in bedding building has been renovated at KCC unit for capacity enhancement.
  • Concreting work of floor of bedding building is under progress at KCC unit i.e. 8 out of 15 bays have been completed in FY 2022-23.