kiocl limited - ministry of steel mou-2015-16.pdf4 part - iii the past five years’ actual...
TRANSCRIPT
MEMORANDUM OF UNDERSTANDING
2015 - 16
BETWEEN
&
GOVERNMENT OF INDIAMINISTRY OF STEEL
KIOCL LIMITED(A Government of India Enterprise)
1
MEMORANDUM OF UNDERSTANDING
KIOCL Limited and Ministry of Steel (MoS) agreed to enter
into Memorandum of Understanding (MoU) for the year
2015-16.
The MoU contains the following parts:
PART I : Vision, Mission & Objectives of KIOCL Limited.
PART II : Exercise of enhanced Autonomy and delegation
of Financial Powers.
PART III : Performance Evaluation Parameters and
Targets.
PART IV : Facilitation/Assistance from the Government.
PART V : Action Plan for Implementation and Monitoring
of the MoU.
2
PART - I
VISION, MISSION & OBJECTIVES OF KIOCL LIMITED
Vision
To emerge as a world class mining company with the highest international standards of quality, productivity, technological & environmental excellence and also as a leader in Beneficiation & Pelletisation Industry in India and establish a global credence.
Mission
a) Lasting relations with customers and Vendors to ensure smooth supply chain based on trust and mutual benefits.
b) Business with ethics & integrity.
c) To thrive to improve the socio economic condition in the neighborhood of Company’s production center.
d) Continuous learning.
e) Adaptability to Technology and changing Global Scenario.
f) Growth, recognition and reward for employees.
Objectives
a) Growth through expansion and diversification.
b) Explore new markets and segments.
c) Be competitive through cost reduction by change in processes.
d) Open new vistas of business by creating diversified Business Units.
e) To continue to invest in the capacity building of personnel for improving the knowledge, skill & attitude.
f) To ensure customers’ satisfaction by providing prompt and efficient dealing with customers and other business associates.
3
PART II
EXERCISE OF ENHANCED AUTONOMY
AND
DELEGATION OF FINANCIAL POWERS
All powers available to MoU signing Miniratna Companies will continue to be available with KIOCL Limited.
4
PA
RT -
III
The
Past
Fiv
e ye
ars’
act
ual
per
form
ance
dat
a al
ongw
ith p
roje
ctio
ns
for
nex
t tw
o y
ears
in r
espec
t of
KIO
CL
Lim
ited
is
indic
ated
in
Appen
dix
-I.
Info
rmat
ion o
n t
he
non-fi
nan
cial
tar
get
s fo
r th
e la
st T
wo y
ears
and e
xpec
ted a
chie
vem
ents
in t
he
nex
t Tw
o y
ears
is
encl
ose
d
at A
ppen
dix
-II.
The
Perf
orm
ance
eva
luat
ion p
aram
eter
s an
d t
he
targ
ets
set
for
the
year
2015-1
6 a
re indic
ated
bel
ow
:-
Sl.
No.
Eva
luat
ion C
rite
ria
Unit
Wei
ght
MO
U T
arget
Docu
men
tary
Evi
den
ce a
nd
sourc
e/origin
of
docu
men
tsExce
llen
t
(5)
Very
Go
od
(4
)G
oo
d
(3)
Fair
(2
)Po
or
(1
)
1S
tati
c/Fin
an
cial
Para
mete
rs
Man
dat
ory
Par
amet
ers
(sr
no
(i)-
(iii)
(i)
Gro
wth
/Siz
e/Act
ivity
a)Sal
es T
urn
over
, ex
cludin
g
inte
rest
and o
ther
inco
me
Rs.
in C
rore
s15
16
32
.50
15
51
.25
14
70
.00
1388.7
51307.5
0Annual
Rep
ort
b)
Gro
ss O
per
atin
g M
argin
Rs.
in C
rore
s15
49
.24
40
.22
31
.43
22.8
9
14.6
0
Annual
Rep
ort
/Cost
Shee
t of
Pelle
t Pl
ant
Unit
duly
cer
tified
by
Direc
tor
(F)
(ii)
Pro
fita
bil
ity
a)PA
T/N
et w
ort
h%
62
.67
2.4
02
.14
1.8
91.6
4Annual
Rep
ort
b)
EBIT
/Avg
. Cap
tial
Em
plo
yed
%6
3.9
23
.53
3.1
52.7
72.4
1Annual
Rep
ort
(iii)
Co
sts
an
d O
utp
ut
Effi
cien
cy
a)%
Red
uct
ion in c
ontingen
t
liabili
ty d
uring 2
015-1
6
%8
3.0
02
.50
2.0
01.5
01.0
0Annual
Rep
ort
Su
b-t
ota
l (
1)
50
5
Sl.
No.
Eva
luat
ion C
rite
ria
Unit
Wei
ght
MO
U T
arget
Docu
men
tary
Evi
den
ce a
nd
sourc
e/origin
of
docu
men
tsExce
llen
t
(5)
Very
Go
od
(4
)G
oo
d
(3)
Fair
(2
)Po
or
(1
)
2D
yn
am
ic/
no
n-fi
nan
cial
Para
mete
rs
(i)
Rese
arc
h &
Develo
pm
en
t
Stu
dy
on e
ffec
t of ad
ditio
n
of M
ill s
cale
s on p
hys
ical
pro
per
ties
of pel
lets
Dat
e of
Com
ple
tion
23
0.1
1.2
01
53
1.1
2.2
01
53
1.0
1.2
01
629.0
2.2
016
31.0
3.2
016
R&
D R
eport
/
Cer
tifica
te b
y
Direc
tor
(P&
P)
(ii)
Init
iati
ves
for
Gro
wth
a)Pr
oduct
ion o
f Pe
llets
in M
illio
n
Tons
42
.00
1.9
01
.80
1.7
01.6
0Annual
Rep
ort
b)
Des
pat
ch o
f Pe
llets
in M
illio
n
Tons
42
.00
1.9
01
.80
1.7
01.6
0Annual
Rep
ort
c)Fi
nal
izat
ion o
f N
ew C
orp
ora
te
pla
n
Dat
e of
com
ple
tion
53
0.0
9.2
01
53
1.1
0.2
01
53
0.1
1.2
01
531.1
2.2
015
31.0
1.2
016
Corp
ora
te P
lan /
Boar
d M
inute
s
d)
Exp
lora
tion o
f N
ew M
arke
ts in
MEN
A C
ountr
ies
Dat
e of
Com
ple
tion
23
0.1
1.2
01
53
1.1
2.2
01
53
1.0
1.2
01
629.0
2.2
016
31.0
3.2
016
Cer
tifica
te b
y
Direc
tor(
C)
(iii)
Pro
ject
Man
ag
em
en
t &
im
ple
men
tati
on
a)Com
men
cem
ent
of
explo
ration for
min
ing o
f
Blo
ck N
o.2,
Hom
bal
agat
ta
& H
osa
hal
li m
inin
g lea
se in
Tum
kur
Dis
tric
t, K
arnat
aka
Dat
e3
30
.11
.20
15
31
.12
.20
15
31
.01
.20
16
29.0
2.2
016
31.0
3.2
016
DM
G/
Sta
te F
ore
st
Dep
artm
ent
b)
CAPE
X (
Cap
ital
outlay
of
` 27
crore
s fo
r th
e ye
ar 2
015-1
6)
–
Annex
ure
A
Rs.
in C
rore
s2
27
23
19
15
11
Sel
f Cer
tifica
tion
6
Sl.
No.
Eva
luat
ion C
rite
ria
Unit
Wei
ght
MO
U T
arget
Docu
men
tary
Evi
den
ce a
nd
sourc
e/origin
of
docu
men
ts
Exce
llen
t
(5)
Very
Go
od
(4
)G
oo
d
(3)
Fair
(2
)Po
or
(1
)
(iv)
Pro
du
ctiv
ity a
nd
In
tern
al
Pro
cess
es
a)%
of cu
stom
er s
atis
fact
ion
conduct
ed in h
ouse
am
ongst
th
e em
pan
elle
d c
ust
om
ers
%3
80
70
60
50
40
Cer
tifica
te b
y D
irec
tor(
C)
b)
Incr
ease
in p
roduct
ivity
of
pel
lets
in t
erm
s of m
etric
tonne/
man
day
%4
32
.52
1.5
1Cer
tifica
te b
y D
irec
tor
(P&
P)
c)Ener
gy
consu
mption p
er t
onne
of pel
let
incl
usi
ve o
f grindin
g,
filter
atio
n a
nd p
elle
tisa
tion
kWh
36
06
16
263
64
Annual
Rep
ort
d)
Spec
ific
consu
mption o
f Fu
rnac
e oil
Ltrs
/Ton
31
51
5.5
16
16.5
17
Cer
tifica
te b
y D
irec
tor
(P&
P)
(v)
Tech
no
log
y,
Qu
ali
ty,
Inn
ovati
ve P
ract
ices
a)Reg
istr
atio
n o
f Kudre
mukh
bra
nd &
Monogra
m u
nder
Tr
ade
Mar
k Act
, 1999.
Dat
e of
Com
ple
tion
23
0.1
1.2
01
53
1.1
2.2
01
53
1.0
1.2
01
629.0
2.2
016
31.0
3.2
016
Copy
of
Reg
istr
atio
n
Cer
tifica
te
b)
Inte
gra
ted M
anag
emen
t Sys
tem
co
mprisi
ng o
f Q
MS,
EM
S &
OH
SAS
No.
of N
on
Confo
rmity
31
23
45
Cer
tifica
te b
y D
irec
tor(
P&P)
(vi)
Hu
man
Reso
urc
e M
an
ag
em
en
t
a)%
act
ual
isat
ion o
f Tr
ainin
g
Plan
& T
rain
ing D
ays
per
em
plo
yee
per
yea
r
% fulfi
llmen
t &
Day
s /
per
em
plo
yee
per
yea
r
23
M
an
days
2.7
5
Man
days
2.5
0
Man
days
2.2
5
Man
day
s<
2.2
5
Man
day
sCer
tifica
te b
y D
irec
tor(
F)
b)
Rat
ional
isat
ion o
f m
anpow
er
as o
n 0
1.0
4.1
5%
34
%3
%2
%1%
< 1
%Cer
tifica
te b
y D
irec
tor(
F)
7
Sl.
No.
Eva
luat
ion C
rite
ria
Unit
Wei
ght
MO
U T
arget
Docu
men
tary
Evi
den
ce a
nd
sourc
e/origin
of
docu
men
ts
Exce
llen
t
(5)
Very
Go
od
(4
)G
oo
d
(3)
Fair
(2
)Po
or
(1
)
3S
ect
or
Sp
eci
fic
Para
mete
r/ E
nte
rpri
se s
peci
fic
para
mete
r
a)Pr
ocu
rem
ent
of iron o
re fi
nes
from
Ove
rsea
s so
urc
e
in lac
tons
12
.00
1.9
01
.80
1.7
01.6
0Cer
tifica
te b
y
Direc
tor(
C)
b)
Ove
rall
reduct
ion in c
ost
of
pro
duct
ion o
ver
pre
vious
year
%2
54
32
1Cer
tifica
te b
y
Direc
tor
(P&
P)
c)%
of Lo
ss o
f M
anday
s on
acco
unt
of ac
ciden
ts in P
lant
at M
angal
ore
(T
ota
l M
anday
s
938 x
100 =
93800 M
anday
s)
%1
0.0
40
.05
0.0
60.0
70.0
8Rep
ort
subm
itte
d
to F
acto
ry
Insp
ecto
r ab
out
acci
den
t occ
urr
ed d
uring
the
month
/yea
r.
d)
Incr
ease
in s
har
e of el
ectr
ic
ener
gy
consu
mption fro
m
alte
rnat
e ec
onom
ical
sourc
es
(Ener
gy
Exc
han
ge)
%1
86
42
0Cer
tifica
te b
y D
irec
tor(
P&P)
Su
b-t
ota
l (
2+
3)
50
To
tal
(1+
2+
3)
10
0
8
Assumptions:
1. It is assumed that the raw material for production of Pellets will be procured from outside sources.
2. M/s NMDC will ear-mark and supply major quantity of Iron Ore Fines required for Pellet Plant.
3. The Railways will allot the required number of rakes for movement of raw materials for the Pellet Plant.
4. Adequate quantity of water is available for the entire operations at Mangalore.
5. Net Worth as on 01.04.2016 estimated used for calculations under different columns of performance matrix is (in ̀ Crores) – Excellent ̀ 2192.22, Very Good ̀ 2187.68, Good ` 2183.27, Fair ` 2178.98, Poor ` 2174.81.
6. Absolute value of Net Block under different columns of performance matrix as on 01.04.2016 is ` 226.65 Crores has been estimated and used for calculation.
7. Absolute value of Gross Profit under different columns of performance matrix is (in ` Crores) – Excellent ` 129.49 , Very Good ` 120.47, Good ` 111.68, Fair ` 103.14, Poor ` 94.85
8. Absolute value of Net Profit (after Tax and before Dividend) under different columns of performance matrix is (in ` Crores) – Excellent ` 58.55, Very Good ` 52.58, Good ` 46.77, Fair ` 41.13, Poor ` 35.65.
9. It is assumed to dispatch a total quantity of 1.800 million tons of Pellets, out of 1.800 million tons, 1.000 million tons assumed to be export sale and 0.800 million tons in domestic market.
10. The Net Sales Realisation (NSR) is assumed on an average @ ` 7750/T for domestic sales and ` 8500/T for export sales.
11. It is assumed that total employee as on 01.04.2015 will be 938.
9
AN
NEX
UR
E A
C
AP
ITA
L B
UD
GET 2
01
4-1
5 (
REV
ISED
) A
ND
BU
DG
ET E
STIM
ATE F
OR
20
15
-16
(
` in
Cro
res)
Sl.
N
o.
Nam
e o
f th
e S
chem
e
Est
i-m
ate
d
Pro
ject
C
ost
Bu
dg
et
Est
imate
2
01
4-1
5
Revis
ed
Est
imate
2
01
4-1
5
Bu
dg
et
Est
imate
2
01
5-1
6
AC
on
tin
uin
g P
roje
cts
1.
Coke
Ove
n P
lant
incl
udin
g C
PP452.0
0-
-1.0
0
2.
Dev
elopm
ent
of Pe
rman
ent
Rai
lway
sid
ing a
t M
angal
ore
130.0
01.0
01.0
01.0
0
3.
Const
ruct
ion o
f Bulk
Mat
eria
l han
dlin
g fac
ility
173.0
01.0
01.0
01.0
0
4.
Dev
elopm
ent
of Chic
knay
akan
hal
li &
oth
er m
ines
200.0
03.0
0-
1.0
0
5.
Dev
elopm
ent
of Ram
andurg
min
es900.0
0-
--
To
tal
(A)
5.0
02
.00
4.0
0
BN
ew
Pro
ject
s
1.
Eco
-tourism
Dev
elopm
ent
at K
udre
mukh
243.0
01.0
0-
2.0
0
2.
Act
ivitie
s re
lating t
o s
couting e
tc.
and d
evel
opm
ent
of m
iner
al d
eposi
t in
cludin
g c
oal
under
su
itab
le m
echan
ism
for
com
mer
cial
exp
loitat
ion in I
ndia
9.0
0-
-1.0
0
3.
Act
ivitie
s re
lating t
o s
couting e
tc.
and d
evel
opm
ent
of m
iner
al d
eposi
t in
cludin
g c
oal
under
su
itab
le m
echan
ism
for
com
mer
cial
exp
loitat
ion a
bro
ad
22.0
0-
-1.0
0
4.
Set
ting u
p o
f 2 M
TPA
Pel
let
Plan
t an
d m
atch
ing c
apac
ity
ben
efici
atio
n p
lant
thro
ugh J
V w
ith
SAIL
, N
MD
C,
OM
DC,
RIN
L et
c.-
--
1.0
0
5.
Set
ting u
p o
f E-C
om
mer
ce fac
ility
1.0
0-
-1.0
0
6.
Set
ting u
p o
f Sola
r Po
wer
pla
nts
in I
ndia
18.0
0-
-1.0
0
7.
Dev
elopm
ent
of Anan
thap
ura
mu p
lant
& s
etting u
p o
f Pe
lletisa
tion a
nd B
enefi
ciat
ion P
lant
at
Anan
thap
ura
mu
-30.0
01.0
05.0
0
8.
Set
ting u
p o
f R&
D a
nd T
rain
ing C
entr
e at
Obhad
enah
alli
Indust
rial
Are
a, D
oddab
alla
pura
,
Ban
gal
ore
Rura
l D
ist
26.0
0-
6.5
05.0
0
9.
Set
ting u
p o
f 2 M
TPA
Pel
let
Plan
t on B
OO
bas
is a
t Boka
ro S
teel
Pla
nt
of M
/s S
AIL
1,0
00.0
0-
1.0
01.0
0
To
tal
( B
)-
31
.00
8.5
01
8.0
0
10
AN
NEX
UR
E A
C
AP
ITA
L B
UD
GET 2
01
4-1
5 (
REV
ISED
) A
ND
BU
DG
ET E
STIM
ATE F
OR
20
15
-16
(
` in
Cro
res)
Sl.
N
o.
Nam
e o
f th
e S
chem
e
Est
i-m
ate
d
Pro
ject
C
ost
Bu
dg
et
Est
imate
2
01
4-1
5
Revis
ed
Est
imate
2
01
4-1
5
Bu
dg
et
Est
imate
2
01
5-1
6
CA
dd
itio
ns,
Mo
difi
cati
on
s &
Rep
lace
men
t
1.
Sep
arat
e Coke
Grindin
g S
yste
m10.0
04.0
0-
-
2.
Buck
et W
hee
l fo
r re
clai
mer
3.0
03.0
0-
-
3.
Mai
n r
ecei
ving t
ransf
orm
er –
2 N
os.
2.0
02.0
0-
-
4.
Truck
Tip
ple
r2.0
02.0
0-
-
5.
Mis
cella
neo
us
15.0
02.0
02.0
03.5
0
To
tal
(C)
13
.00
2.0
03
.50
D
R&
D,
Feasi
bil
ity s
tud
ies
& C
on
sult
an
cy1
.00
0.5
01
.50
TO
TA
L
(A +
B +
C +
D)
50
.00
13
.00
27
.00
11
An
nexu
re -
B
Sl.
No
.Evalu
ati
on
Cri
teri
aU
nit
Mo
U T
arg
et
Do
cum
en
tary
Evid
en
ce a
nd
sou
rce/
ori
gin
of
do
cum
en
ts
Exce
llen
t
(5)
Very
Go
od
(4)
Go
od
(3)
Fair
(2)
Po
or
(1)
(i)
Co
rpo
rate
So
cial R
esp
on
sib
ilit
y &
Su
stain
ab
ilit
y
a)Spo
nsor
of Cat
arac
t Sur
gery
to
Poor
/O
rpha
ns in
the
Sta
te o
f Kar
nata
ka.
N
o. o
f
Ben
efici
ary
10
09
08
070
60
CSR R
eport
/
Annual
Rep
ort
b)
Const
ruct
ion o
f Toile
ts in
educa
tional
in
stitution
under
"S
wac
ch
Bhar
at
Abhiy
an"
and c
onduct
ing A
war
enes
s pro
gra
mm
e to
war
ds
pro
moting
of
usa
ge
of
toile
ts in
th
e sc
hool.
Ext
endin
g
finan
cial
as
sist
ance
fo
r M
ainte
nan
ce Contr
acts
fo
r re
gula
r m
ainte
nan
ce o
f fa
cilit
ies,
supply
of
clea
nin
g
mat
eria
ls,
consu
mab
les
like
soap
, dis
infe
ctan
ts,
bro
om
s,
bru
shes
, buck
ets
etc.
Dat
e of
Com
ple
tion
30
.04
.20
15
31
.05
.20
15
30
.06
.20
15
31.0
7.2
015
14.0
8.2
015
CSR R
eport
/
Annual
Rep
ort
c)Const
ruct
ion o
f Sch
ool
Build
ing f
or
Dak
shin
a Kan
nda
Zill
a Pa
nch
ayat
Lo
wer
Prim
ary
Sch
ool, T
annee
rbav
i,
Panam
bur, M
angal
ore
.
Dat
e of
Com
ple
tion
15
.01
.20
16
30
.01
.20
16
15
.02
.20
16
02.0
3.2
016
17.0
3.2
016
CSR R
eport
/
Annual
Rep
ort
12
Annexure-C
Calculation of Gross operation margin of Pellet Plant in
MoU 2015-16 “Good” Target
(Rs. In Lakhs)
Description Target “GOOD” Rs./ Ton
Total Quantity to be dispatched 18,00,000
Gross sales 1,63,634.00 9090.78
Less: Excise Duty (on DTA sales) 12,384.00 688.00
Less: Export Duty 4,250.00 236.11
Total Sales (A) 1,47,000.00 8166.67
Less:
Selling expenses 1,418.94 78.83
Net Sales 1,45,581.06 8087.84
Operating expenses – Variable Cost
Raw Material - Iron Ore 1,07,040.00 5946.67
Limestone & Burnt Lime 904.50 50.25
Bentonite 529.20 29.40
Coke Fines 3,060.00 170.00
Furnace Oil 12,312.00 684.00
Power Charges 7,254.00 403.00
Stores and Spares 810.00 45.00
Total Variable Cost: 1,31,909.70 7328.32
Fixed Expenses
Power Charges 600.00 33.33
Stores and Spares 720.00 40.00
Salaries & Wages 7,000.00 388.89
Repair and Maintenance – PP 600.00 33.33
Rent, Rates, Taxes & Insc. 900.00 50.00
Misc expenses 708.00 39.33
Total Fixed Costs 10,528.00 584.89
Total operating expenses (A+B) 1,42,437.70 7913.21
Gross Margin 3,143.36
Documentary evidence: Cost sheet of Pellet Plant Unit duly certified by Director(Finance) and authenticated by Auditor of the Company.
13
PART - IV
FACILITATION/ASSISTANCE FROM THE GOVERNMENT
To assist the Company in regard to:
v Support from MoS for resolving boundary dispute at
Karnataka Government level and for getting the forest
clearance from State Government and Ministry of
Environment & Forest for Iron ore Mines allocated to
them in Tumkur District.
v Support from MoS for obtaining major quantity & quality
of Iron Ore Fines from M/s NMDC Limited for Pellet Plant
operation.
v Support for allotment of required number of rakes by
Railways for movement of raw material for the Pellet
Plant.
v Facilitation from MoS for obtaining permission to draw
water from Lakya Dam and pump through existing
arrangement to Mangalore.
v To take timely action for filling up Non-official Directors
on the Board of KIOCL by 31.12.2015.
by taking up the matter with the appropriate Ministries/
Departments of the Government of India/Karnataka, wherever
necessary.
14
PART - V
ACTION PLAN FOR IMPLEMENTATION AND
MONITORING OF THE MOU
ACTION PLAN FOR IMPLEMENTATION OF THE MOU
• The Company has drawn–up monthly production plan for Pellets. Every effort will be made to adhere to this plan.
• The Company has also prepared shipment plan in consultation with the offshore/domestic buyers for dispatch of Pellets. Efforts will be made to ensure production of required quality and quantity to meet the dispatch plan. The Company will be in touch with buyers regularly to ensure timely nomination of ships.
• Every effort will be made for conservation of energy to adhere to the Targets.
• The company is making lot of efforts in the area of maintaining pollution free environment and preservation of ecology. These efforts will be intensified.
• The Company has drawn up short & long term action plans for its future operations. Actual implementation of these plans will largely depend on extraneous factors and assistance from the State Government and the Administrative Ministry. Notwithstanding this, the Company will put in vigorous efforts to make these plans a reality.
• Due to non-availability of Captive Mines with KIOCL since 01.01.2006, the Pellet Plant at Mangalore is now being run from Iron Ore sourced from NMDC and from other sources. In order to achieve the production target of the Pellet Plant, it is necessary to procure Ore from outside source. The Company is planning to procure Iron Ore Fines from M/s NMDC and from other sources for Pellet Plant operation. This has to materialize in order to achieve the targeted production of 2.00 million tones of Pellets at “Excellent” level.
15
MONITORING OF THE MOU
• The Performance Evaluation against MoU parameters shall be carried out every month and monitored by the functional Directors and CMD.
• The Performance Evaluation shall be submitted to the Board on quarterly basis during the Board meetings for information.
• The joint review by KIOCL Limited and Ministry of Steel shall be carried out at the end of each quarter in Quarterly Performance Review Meetings.
Chairman-cum-Managing DirectorKIOCL Limited
Secretary to the Govt. of India
Ministry of Steel
New Delhi, dated: 30th March, 2015
16
Foot Note :
a) All internal documents would be signed by at least by functional Director of Board.
b) There would be negative marking for non compliance of Corporate Governance principles, non-compliance of guidelines relating to the percentage fixed for procurement from MSME, non-Compliance of DPE guidelines and CSR provisions as per Companies Act and other non-compliance of any directives of Government including submission of data for Public Enterprises (PE) survey and MOSPI data updating.
Authorised Signatory
17
Self declaration/Certification by CPSE
It is hereby certified that the targets and actual achievements in
respect of financial parameters have been worked out as per MoU
Guidelines by adopting the norms and definitions laid down in MoU
Guidelines for the year 2015-16. In case, any deviation is found
at the time of appraisal of performance, DPE is free to evaluate
as per MoU Guidelines. CPSE has no right of claim in this regard.
Authorised Signatory
18
Self–declaration for compliance of Directives of Government & Regulations
It is hereby certified that the CPSE has complied all the directives of
Government and requirement of regulators. In case, any deviation
is found at the time of appraisal of performance, DPE is free to
evaluate as per Guidelines, directives issued by the Government/
regulators. CPSE has no right of claim in this regard.
Authorised Signatory
19
TR
EN
D O
F C
PS
E'S
PER
FO
RM
AN
CE O
N F
INA
NC
IAL P
AR
AM
ETER
S F
OR
TH
E L
AS
T F
IVE Y
EA
RS
ALO
NG
WIT
H P
RO
JEC
TIO
N O
F N
EX
T T
WO
YEA
RS
Ap
pen
dix
-I
Sl.
N
o.
Part
icu
lars
Un
it
20
10
-11
20
11
-12
20
12
-13
20
13
-14
20
14
-15
20
15
-16
20
16
-17
20
17
-18
Late
st
Ben
ch-
mark
ing
D
eta
ils
avail
ab
le
Mo
U
Targ
ets
-
Go
od
Act
uals
Mo
U
Targ
ets
-
Go
od
Act
uals
Mo
U
Targ
ets
-
Go
od
Act
uals
Mo
U
Targ
ets
-
Go
od
Act
uals
Mo
U
Targ
ets
-
Go
od
Pro
ject
ed
fo
r 3
1.3
.20
15
Pro
ject
edP
roje
cted
Pro
ject
ed
1
2
3
4
5
6
7
8
9
10
1
1
12
Cap
acity
Utilis
atio
n
Pel
lets
% a
ge
79
61
86
49
71
36
49
49
51
29
51
54
57
Pig
Iro
n%
age
-
-
-
-
-
Product
ion (
in Q
ty)
Pel
lets
Mil.
ton
nes
2.7
80
2.1
24
3.0
00
1.7
10
2.5
00
1.2
65
1.7
00
1.7
10
1.8
00
1.0
00
1.8
00
1.9
00
2.0
00
Pig
Iro
nM
il. t
onne
s 0
.100
-
-
-
-
-
-
-
-
Product
ion (
in C
r)
Pel
lets
Rs.
cro
re1,5
30.2
0
1,7
80.5
9
2,6
43.9
8
1,5
06.4
8
2,3
19.0
8
1,1
74.0
8
1,4
50.9
8
1,6
02.5
9
1,7
04.2
4
917.6
1
1,6
36.3
4
1,7
27.4
5
1,8
18.5
7
Pig
Iro
nRs.
cro
re 2
29.9
4
-
125.1
2
-
-
Pro
fit
& L
oss
Ite
ms
Sal
es T
urn
over
Rs.
cro
re 1
,674.2
4
1,6
76.5
6
2,5
97.4
4
1,3
89.2
9
2,1
87.5
0
976.2
9
1,2
75.0
0
1,2
72.3
5
1,5
57.0
0
796.6
8
1,4
70.0
0
1,5
49.0
2
1,6
30.1
6
Inte
rest
and o
ther
inco
me
Rs.
cro
re 5
6.0
0
117.7
9
70.0
0
171.3
3
97.0
0
205.1
8
138.0
0
184.3
5
155.0
0
200.2
3
168.5
7
168.5
7
168.5
7
Gro
ss o
per
atin
g M
argin
Rat
e%
age
7.9
3%
4.7
6%
7.7
7%
3.6
4%
0.3
9%
3.0
8%
2.0
0%
-0.2
3%
2.1
4%
2.6
0%
3.0
2%
Gro
ss o
per
atin
g M
argin
Rs.
cro
re132.9
5
66.0
8
170.0
0
35.5
0
4.9
6
39.1
8
31.1
4
(1.8
2)
31.4
3
40.2
2
49.2
4
Ear
nin
gs
bef
ore
Inte
rest
, Ta
xes,
Dep
reci
atio
n a
nd a
mor-
tiza
tion (
EBIT
DA)
Rs.
cro
re66.3
8
162.6
1
108.4
6
162.9
2
162.3
0
75.5
6
72.5
5
113.0
8
107.8
3
86.6
0
111.6
8
120.4
7
129.5
0
Dep
reci
atio
n &
DRE
Rs.
cro
re34.9
0
37.0
7
33.6
1
36.1
5
34.2
0
43.2
2
34.3
1
42.3
2
42.5
8
40.9
2
40.9
2
40.9
2
40.9
2
Ear
nin
gs
bef
ore
Inte
rest
and
Taxe
s (E
BIT
)Rs.
cro
re31.4
8
125.5
4
74.8
5
126.7
7
128.1
0
32.3
4
38.2
5
70.7
6
65.2
5
45.6
8
70.7
6
79.5
5
88.5
8
Inte
rest
Exp
ense
sRs.
cro
re -
-
-
-
-
-
-
-
-
-
-
-
-
Prio
r per
iod E
xpen
ses
Rs.
cro
re -
2
5.5
9
-
11.3
8
-
-
-
-
-
-
-
-
-
Ext
ra o
rdin
ary
item
sRs.
cro
re -
-
-
-
-
-
-
-
-
-
-
-
-
Any
oth
er e
xpen
ses
Rs.
cro
re -
-
-
-
-
-
-
9
.36
-
-
-
-
-
Profit
bef
ore
Tax
Rs.
cro
re31.4
8
99.9
5
74.8
5
115.3
9
128.1
0
32.3
4
38.2
5
61.4
0
65.2
5
45.6
8
70.7
6
79.5
5
88.5
8
20
TR
EN
D O
F C
PS
E'S
PER
FO
RM
AN
CE O
N F
INA
NC
IAL P
AR
AM
ETER
S F
OR
TH
E L
AS
T F
IVE Y
EA
RS
ALO
NG
WIT
H P
RO
JEC
TIO
N O
F N
EX
T T
WO
YEA
RS
Ap
pen
dix
-I
Sl.
N
o.
Part
icu
lars
Un
it
20
10
-11
20
11
-12
20
12
-13
20
13
-14
20
14
-15
20
15
-16
20
16
-17
20
17
-18
Late
st
Ben
ch-
mark
ing
D
eta
ils
avail
ab
le
Mo
U
Targ
ets
-
Go
od
Act
uals
Mo
U
Targ
ets
-
Go
od
Act
uals
Mo
U
Targ
ets
-
Go
od
Act
uals
Mo
U
Targ
ets
-
Go
od
Act
uals
Mo
U
Targ
ets
-
Go
od
Pro
ject
ed
fo
r 3
1.3
.20
15
Pro
ject
edP
roje
cted
Pro
ject
ed
1
2
3
4
5
6
7
8
9
10
1
1
12
Tax
Rs.
cro
re10.7
0
23.6
8
24.8
6
21.0
9
42.5
5
1.2
9
12.7
0
21.4
6
21.6
7
15.1
7
23.9
9
26.9
7
30.0
3
Profit
afte
r Ta
xRs.
cro
re20.7
8
76.2
7
49.9
9
94.3
0
85.5
5
31.0
5
25.5
4
39.9
4
43.5
8
30.5
1
46.7
7
52.5
8
58.5
5
Div
iden
d p
aid
Rs.
cro
re -
1
8.5
0
11.5
4
22.2
0
19.9
5
7.4
2
5.9
4
9.6
5
10.1
3
7.3
2
11.2
2
12.6
2
14.0
5
Profit
tran
sfer
red t
o s
tatu
tory
re
serv
esRs.
cro
re -
-
-
-
-
-
-
-
-
-
-
-
-
Any
oth
er ite
mRs.
cro
re -
-
-
-
-
-
-
-
-
-
-
-
-
Profit
tran
sfer
red t
o B
alan
ce
shee
tRs.
cro
re 2
0.7
8
57.7
7
38.4
4
72.1
0
65.6
0
23.6
3
19.6
1
30.2
9
33.4
5
23.1
9
35.5
5
39.9
6
44.5
0
Bala
nce
Sh
eet
item
s
Gro
ss b
lock
Rs.
cro
re1,5
06.6
4
1,5
38.1
0
1,5
98.1
2
1,6
25.0
3
1,6
71.9
3
1,6
41.1
7
1,2
91.7
9
1,2
21.2
9
1,2
29.3
6
1,2
29.7
9
1,2
34.7
9
1,2
34.7
9
1,2
34.7
9
Less
: D
epre
ciat
ion
Rs.
cro
re1,2
14.6
6
1,2
23.3
2
1,2
41.6
6
1,2
66.5
5
1,2
99.1
4
1,3
08.2
8
910.8
4
926.3
0
969.3
3
967.2
2
1,0
08.1
4
1,0
08.1
4
1,0
08.1
4
Net
blo
ckRs.
cro
re291.9
8
314.7
8
356.4
6
358.4
8
372.7
9
332.8
9
380.9
5
294.9
9
260.0
3
262.5
7
226.6
5
226.6
5
226.6
5
Shar
e Cap
ital
Rs.
cro
re634.5
1
634.5
1
634.5
1
634.5
1
634.5
1
634.5
1
634.5
1
634.5
1
634.5
1
634.5
1
634.5
1
634.5
1
634.5
1
Res
erve
& s
urp
lus
Rs.
cro
re 1
,254.0
1
1,3
64.0
0
1,3
71.6
7
1,4
36.1
1
1,4
91.7
0
1,4
59.7
3
1,6
26.4
0
1,4
89.9
3
1,5
17.4
6
1,5
13.2
1
1,5
48.7
6
1,5
53.1
7
1,5
57.7
0
Less
: Cap
ital
Res
erve
Rs.
cro
re -
0
.09
0.0
9
-
-
0.0
9
-
0.0
9
-
-
-
-
-
Less
: D
efer
red R
even
ue
Exp
enditure
/pre
-acq
uis
itio
n los
sRs.
cro
re -
-
-
-
-
-
-
-
-
-
-
-
-
Less
: Pr
ofit
& L
oss
A/c
(Lo
ss
figure
)Rs.
cro
re -
-
-
-
-
-
-
-
-
-
-
-
-
Net
wort
hRs.
cro
re 1
,888.5
2
1,9
98.4
2
2,0
06.0
9
2,0
70.6
2
2,1
26.2
2
2,0
94.1
5
2,2
60.9
1
2,1
24.3
5
2,1
51.9
7
2,1
47.7
2
2,1
83.2
7
2,1
87.6
8
2,1
92.2
1
Inve
stm
ents
Rs.
cro
re -
-
-
-
-
-
-
-
-
Tota
l Curr
ent
Ass
ets
Rs.
cro
re1,6
97.9
3
1,9
36.6
0
2,1
08.1
3
1,9
65.0
2
1,8
53.1
5
2,0
19.8
5
2,0
22.0
9
2,2
42.4
5
2,0
34.4
1
2,2
33.4
0
2,3
42.3
8
2,3
59.1
2
2,3
75.7
0
Tota
l Curr
ent
Liab
ilities
&
pro
visi
on
Rs.
cro
re114.8
1
328.4
0
488.5
4
293.2
3
241.4
1
155.0
6
226.4
0
284.8
6
151.3
0
256.2
2
311.7
4
318.7
8
325.3
0
Net
curr
ent
asse
tsRs.
cro
re1,5
83.1
2
1,6
08.2
0
1,6
19.5
9
1,6
71.7
9
1,6
11.7
4
1,8
64.7
9
1,7
95.6
9
1,9
57.5
9
1,8
83.1
1
1,9
77.1
8
2,0
30.6
4
2,0
40.3
4
2,0
50.4
0
Cap
ital
em
plo
yed
(N
et
blo
ck+
Net
CA
)Rs.
cro
re1,8
75.1
0
1,9
22.9
8
1,9
76.0
5
2,0
30.2
7
1,9
84.5
3
2,1
97.6
8
2,1
76.6
4
2,2
52.5
8
2,1
43.1
4
2,2
39.7
5
2,2
57.2
9
2,2
66.9
9
2,2
77.0
5
21
TR
EN
D O
F C
PS
E'S
PER
FO
RM
AN
CE O
N F
INA
NC
IAL P
AR
AM
ETER
S F
OR
TH
E L
AS
T F
IVE Y
EA
RS
ALO
NG
WIT
H P
RO
JEC
TIO
N O
F N
EX
T T
WO
YEA
RS
Ap
pen
dix
-I
Sl.
N
o.
Part
icu
lars
Un
it
20
10
-11
20
11
-12
20
12
-13
20
13
-14
20
14
-15
20
15
-16
20
16
-17
20
17
-18
Late
st
Ben
ch-
mark
ing
D
eta
ils
avail
ab
le
Mo
U
Targ
ets
-
Go
od
Act
uals
Mo
U
Targ
ets
-
Go
od
Act
uals
Mo
U
Targ
ets
-
Go
od
Act
uals
Mo
U
Targ
ets
-
Go
od
Act
uals
Mo
U
Targ
ets
-
Go
od
Pro
ject
ed
fo
r 3
1.3
.20
15
Pro
ject
edP
roje
cted
Pro
ject
ed
1
2
3
4
5
6
7
8
9
10
1
1
12
Tota
l D
ebt
(Loan
funds)
Rs.
cro
re -
-
-
-
1
00.0
0
-
-
-
-
Tota
l Ass
ets
(net
blo
ck+
net
CA+
Loan
funds)
Rs.
cro
re1,8
75.1
0
1,9
22.9
8
1,9
76.0
5
2,0
30.2
7
2,0
84.5
3
2,1
97.6
8
2,1
76.6
4
2,2
52.5
8
2,1
43.1
4
2,2
39.7
5
2,2
57.2
9
2,2
66.9
9
2,2
77.0
5
No.
of em
plo
yees
of CPS
EN
os
1500
1347
1400
1319
1379
1251
1213
957
953
948
938
924
897
RA
TIO
PAT/N
et w
ort
h%
age
1.1
03.8
22.4
94.5
54.0
2 1
.48
1.1
3
1.8
8
2.0
3
1.4
2
2.1
4
2.4
0
2.6
7
EBIT
DA/N
et b
lock
% a
ge
22.7
3
51.6
6
30.4
3
45.4
5
43.5
4
22.7
0
19.0
5
38.3
3
41.4
7
32.9
8
49.2
7
53.1
5
57.1
4
EBIT
/Ave
rage
capital
em
plo
yed
% a
ge
2.7
6
2.0
3
3.1
5
3.5
2
3.9
0
PAT p
er e
mplo
yee
Rs.
lac
s1.3
9
5.6
6
3.5
7
7.1
5
6.2
0
2.4
8
2.1
1
4.1
7
4.5
7
3.2
2
4.9
9
5.6
1
6.2
9
Curr
ent
Rat
io%
age
14.7
9
5.9
0
4.3
2
6.7
0
7.6
8
13.0
3
8.9
3
7.8
7
13.4
5
8.7
2
7.5
1
7.4
0
7.3
0
Deb
t Ser
vice
cov
erag
e ra
tio
-
-
-
-
-
-
-
-
-
-
-
-
-
Oper
atin
g C
ash fl
ow
Rs.
cro
re 1
,443.8
3
1,4
64.5
4
1,3
22.4
1
1,4
15.7
7
1,4
50.8
4
1,7
15.8
1
1,6
49.3
3
1,7
50.0
2
1,7
70.0
1
1,7
70.0
1
1,7
70.0
1
Ave
rage
No.
day
s of in
vento
ryN
o o
f day
s 6
0.0
0
120.0
0
95.0
0
81
75
126
91
89
87
Inve
nto
ry t
urn
over
rat
io%
age
6.1
2
3.0
4
3.8
6
4.0
45.0
3
4.9
9
Ave
rage
colle
ctio
n p
erio
d o
f Tr
ade
rece
ivab
les
No o
f day
s -
-
-
-
-
-
Deb
tors
Turn
over
rat
io%
age
-
-
-
-
-
-
Loan
s sa
nct
ioned
Rs.
cro
re -
-
-
-
-
-
-
-
-
-
-
-
-
Dis
burs
emen
tsRs.
cro
re -
-
-
-
-
-
-
-
-
-
-
-
-
NPA
/Loan
Ass
ets
% a
ge
-
-
-
-
-
-
-
-
-
-
-
-
-
Ave
rage
cost
of fu
nds
% a
ge
-
-
-
-
-
-
-
-
-
-
-
-
-
22
TR
EN
D O
F P
ER
FO
RM
AN
CE O
F N
ON
-FIN
AN
CIA
L P
AR
AM
ETER
S F
OR
LA
ST T
WO
YEA
RS
ALO
NG
WIT
H E
XP
EC
TED
AC
HIE
VEM
EN
TS
IN
TH
E N
EX
T T
WO
YEA
RS
AP
PEN
DIX
-II
Ob
ject
ive
Act
ion
Cri
teri
on
Un
it
Act
ual
valu
e
for
FY
20
10
-11
Act
ual
valu
e
for
FY
20
11
-12
Act
ual
valu
e
for
FY
20
12
-13
Act
ual
valu
e
for
FY
20
13
-14
Mo
U
targ
ets
fo
r FY
2
01
4-1
5
(Go
od
)
Pro
ject
ed
as
on
3
1.0
3.2
01
5
Targ
et
valu
e
for
FY
20
15
-16
Pro
ject
ed
valu
e
for
FY
20
16
-17
Pro
ject
ed
valu
e
for
FY
20
17
-18
Co
rpo
rate
So
cial
Resp
on
sib
ilit
y &
Su
stain
ab
ilit
y
1(i
) The
deg
ree
of
invo
lvem
ent
of
the
num
ber
of
emplo
yees
& t
he
top
man
agem
ent
in i
nte
rnal
izin
g t
he
CSR a
nd S
ust
ainab
ility
agen
da
within
the
Org
aniz
atio
n.
No.
of
Em
plo
yees
80
2.
Proje
cts
under
take
n for
CSR &
SD
Yes
a) Ass
ista
nce
for pure
drinki
ng w
ater
faci
litie
s to
Angan
awad
i cen
ters
in
Anan
thap
ur
Dis
tric
t, A
P. Allo
cation o
f `
65 L
akhs
Rupee
s`
65 L
akhs
b)
D
evel
opm
ent o
f Tre
e Pa
rk fo
r the
conse
rvat
ion o
f rar
e an
d e
ndan
ger
ed
pla
nt
spec
ies
of W
este
rn G
hat
s at
Pili
kula
, M
angal
ore
. Allo
cation o
f ̀ 1
6.6
7 L
akhs
No.
of Sap
lings
2,0
00.0
0
c)
Peripher
al
dev
elopm
ent
in
the
surr
oundin
g
area
s w
her
e th
e nei
ghboring p
eople
are
gro
ssly
affec
ted.
Allo
cation o
f `
48 L
akhs
Rupee
s`
48 L
akhs
3.
The
effe
ctiv
enes
s of
the
two t
ier
org
aniz
atio
nal
str
uct
ure
in t
he
pro
cess
of pla
nnin
g, im
ple
men
ting a
nd m
onitor
ing the
CSR a
ctiv
itie
s
(a)
Exi
sten
ce o
f 2 -
Tie
r Com
mitte
eYe
s
(b)
M
eetings
hel
d b
y th
e Boar
d L
evel
Com
mitte
eN
o. o
f m
eeting
2
4
Rese
arc
h &
Develo
pm
en
t
1
a) R&
D e
xpen
ses
as a
% o
f PA
T%
of PA
T0.5
0
2.1
In
deg
eniz
atio
n o
f Contr
ol Sys
tem
of
Rolle
r Pr
ess
at P
elle
t Pl
ant
for
impro
ving t
he
bla
in n
um
ber
of Pe
llet
feed
mat
eria
lD
ate
31.0
1.1
5
2.2
Stu
dy
of re
cove
ry o
f hea
t fr
om
flue
gas
es o
f in
dura
ting m
achin
e fo
r pre
hea
ting o
f fu
rnac
e oil
Dat
e31.0
1.1
5
2.3
Fe
asib
ility
stu
dy
of
seco
ndar
y grindin
g o
f IO
F fo
r im
pro
ving t
he
thro
ugh p
ut
of grindin
g s
yste
mD
ate
31.0
1.1
5
Init
iati
ves
for
Gro
wth
a)
Pro
duct
ion -
Pel
lets
in M
illio
n
Tonnes
2.1
24
1.7
10
1.2
65
1.7
10
1.8
0
1.0
0
b)
Form
ula
tion
of
Corp
ora
te
Plan
-2022
&
esta
blis
hm
ent
for
im
ple
men
tation &
monirto
ring s
yste
m o
f Corp
ora
te P
lan
Dat
e of
com
ple
tion
31.0
1.1
5
c)
Ove
rall
reduct
ion in c
ost
of pro
duct
ion o
ver
pre
vious
year
%ag
e3
Pro
ject
Man
ag
em
en
t &
Im
ple
men
tati
on
a) U
nder
taki
ng e
xplo
ration o
f PL
area
join
tly
with A
PMD
C in
Anan
thap
ur
Dis
tric
t, A
PD
ate
31.0
1.1
5
b)
C
APE
X (
Targ
ets
in fi
nan
cial
ter
ms
to b
e ac
hie
ved in fi
nan
cial
yea
r)Rs.
In C
rore
s30
Pro
du
ctiv
ity a
nd
in
tern
al
pro
cess
es
a)
In
crea
se in fi
lter
atio
n r
ate
(TPH
) at
Filt
er P
lant
(com
par
ed t
o r
ate
ach
ieve
d d
uring 2
013-1
4)
Ton/h
our
5%
b) E
ngag
emen
t of I
ndep
enden
t Mar
ket R
esea
rch a
gen
cy to
eva
luat
e our
dom
estic &
inte
rnat
ional
mar
ket s
har
e as
als
o fo
r sugges
ting str
ateg
y fo
r im
pro
ving m
arke
t sh
are
of Pe
llets
Dat
e31.0
1.1
5
23
TR
EN
D O
F P
ER
FO
RM
AN
CE O
F N
ON
-FIN
AN
CIA
L P
AR
AM
ETER
S F
OR
LA
ST T
WO
YEA
RS
ALO
NG
WIT
H E
XP
EC
TED
AC
HIE
VEM
EN
TS
IN
TH
E N
EX
T T
WO
YEA
RS
AP
PEN
DIX
-II
Ob
ject
ive
Act
ion
Cri
teri
on
Un
itA
ctu
al
valu
e
for
FY
20
10
-11
Act
ual
valu
e
for
FY
20
11
-12
Act
ual
valu
e
for
FY
20
12
-13
Act
ual
valu
e
for
FY
20
13
-14
Mo
U
targ
ets
fo
r FY
2
01
4-1
5
(Go
od
)
Pro
ject
ed
as
on
3
1.0
3.2
01
5
Targ
et
valu
e
for
FY
20
15
-16
Pro
ject
ed
valu
e
for
FY
20
16
-17
Pro
ject
ed
valu
e
for
FY
20
17
-18
Hu
man
Reso
urc
e M
an
ag
em
en
t
1.
Ass
essm
ent
ce
nte
r fo
r gra
dat
ion of
emplo
yees
fo
r su
cces
sion
p
lannin
g.
Aw
ard o
f w
ork
for
appoin
tmen
t of outs
ide
exper
t co
nsu
ltan
t Ye
s/N
oAug-1
4
50%
of D
GM
s, G
Ms,
ED
s b
y 2014-1
5 &
bal
ance
in 2
015-1
6
%30%
50%
of M
iddle
lev
el (
bel
ow
DG
M a
nd a
bov
e M
anag
ers)
by
2014-1
5 a
nd
bal
ance
50%
in 2
015-1
6%
30%
2.
Tr
ainin
g o
f em
plo
yees
:
CEO
’s,
Direc
tors
, ED
’s/G
M on le
ader
ship
, co
rpora
te gov
ernan
ce an
d
stra
tegy
& r
isk
man
agem
ent
- 5
0%
to b
e tr
ained
in 2
014-1
5.
%30%
Sen
ior
Man
ager
s,
Mid
dle
M
anag
ers
&
low
er
man
agem
ent
as
per
fu
nct
ional
req
uirem
ent
- 50%
in 2
014-1
5 a
nd b
alan
ce in 2
015-1
6.
%30%
Work
ers–
skill
dev
elopm
ent-
25%
in 2
014-1
5 &
25%
in 2
015-1
6.
%15%
3.
M
otiva
tion t
o e
mplo
yees
-
Aw
ard o
f w
ork
for
appoin
tmen
t of
outs
ide
exper
t co
nsu
ltan
t fo
r su
rvey
of m
otiva
tion a
nd w
ays
to e
nhan
ce m
otiva
tion o
f th
e em
plo
yees
Dat
e/ M
onth
Aug-1
4
Dra
ft r
eport
Dat
e/ M
onth
15.0
2.1
5
4.
D
evel
opm
ent
of Ser
vice
Char
ter
for
wel
fare
of em
plo
yees
Const
itution
of
Hig
h L
evel
Com
mitte
e c
om
prisi
ng o
f CM
D,
D (
F),
GM
(HR)
and o
ne
repre
senta
tive
fro
m R
ecognis
ed u
nio
n t
o r
evie
w t
he
wel
fare
mea
sure
s of em
plo
yees
Dat
e/ M
onth
Aug-1
4
Mee
tings
hel
d b
y th
e H
igh lev
el c
om
mitte
eN
o. o
f m
eeting
3
5.
Im
age
Build
ing
Aw
ard o
f w
ork
for
appoin
tmen
t of
outs
ide
exper
t co
nsu
ltan
t to
iden
tify
w
ays
to im
pro
ve im
age
Dat
e/ M
onth
Aug-1
4
Dra
ft r
eport
Dat
e/ M
onth
15.0
2.1
5
6.
M
OU
bet
wee
n F
unct
ional
Direc
tors
with E
D’s
/ G
M’s
under
them
. M
onth
Jun-1
4
7.
Appoin
tmen
t of
outs
ide
exper
t co
nsu
ltan
t o
n T
alen
t m
anag
emen
t st
udie
s/Chan
ge
Man
agem
ent
Aw
ard o
f w
ork
for
appoin
tmen
t of
outs
ide
exper
t co
nsu
ltan
t on T
alen
t m
anag
emen
t st
udie
s/ c
han
ge
man
agem
ent
Dat
e/ M
onth
Aug-1
4
Dra
ft r
epot
D
ate/
Month
15.0
2.1
5
8.
H
R A
udit by
outs
ide
exper
t
Hea
d o
ffice
Dat
e/ M
onth
Jan-1
5
Reg
ional
Offi
ceD
ate/
Month
Dec
-14
Sub r
egio
nal
offi
ces
Dat
e/ M
onth
Nov
-14
9.
Cost
red
uct
ion m
easu
res
Red
uct
ion o
f Adm
inis
trat
ive
expen
diture
(B
ase
2013-1
4)
%3
Sect
or
speci
fic
para
mete
r/ E
nte
rpri
se S
peci
fic
para
mte
r
Procu
rem
ent
of iron o
re fi
nes
oth
er t
han
NM
DC L
TA%
of to
tal
pro
cure
men
t of IO
F
10
Spec
ific
consu
mption o
f Fu
rnac
e oil
KL/
per
ton
16
Ener
gy
consu
mption p
er t
on o
f Pe
llets
incl
usi
ve o
f grindin
g,
filter
atio
n
and p
elle
tisa
tion
kwh
62
Usa
ge
of Anth
raci
te c
oal
as
an a
lter
nat
ive
to c
oke
fines
in P
elle
t m
akin
g
for
reduci
ng t
he
cost
of pro
duct
ion
%30
