Bharat Coking Coal Limited · NSE:BHARATCOAL
Bharat Coking Coal — Investor Day (April 2022)
58 slides from Bharat Coking Coal's investor day presentation, Apr 2, 2022
Slide 1: Office Order: Revised Delegation of Powers of CMD
area alfaer Bret rfasS GAH TAA -:., FAAT TZ, sTTATS -826005 Regd. Off: Koyla Bhawan, Koyla Nagar Bharat Coking Coal Limited Dhanbad - 826005 (A Mini a Company) CIN: U10101JH1972GO1000918 (A Subsidiary of Coal India Ltd.) GeATa: 0326-2230190 (www.beclweb.in) $F: [email protected] ars arama / Boar
Slide 2: Enclosure I: Revised Delegation of Powers of Board, CFDs & CMDs
Enclosure- I Revised Delegation of Powers of Board, CFDs & CMDs of CIL & Subsidiaries Sl. Item CIL / Subsidiary Board Committee of FDs headed by CMD, CIL / Subsidiary Remarks No. CMD CIL / Subsidiary 1 Company Matters : - i. To Borrow Money Full Powers in terms of Section 179(3) (d) of Companies Act
Slide 3: Company Matters: Financial Matters
Sl. Item CIL / Subsidiary Board Committee of FDs headed by CMD, CIL / Subsidiary Remarks No. CMD CIL / Subsidiary 2 Company Matters: :- - Financial Matters i. Re-allocation of Capital Budget Full powers within the approved Within 15% of the approved Budget Budget ii. Re-appropriation of Revenue Full
Slide 4: Fines, Penalties and Advances
Sl. Item CIL / Subsidiary Board Committee of FDs headed by CMD, CIL / Subsidiary Remarks No. CMD CIL / Subsidiary vi. Company Matters Sanction for :- payment of fines Full powers Upto ₹1,00,000/- in each case, Upto ₹50,000/- in each case, and penalties subject to a limit of ₹10 Lakhs per subject to
Slide 5: Sanction of Capital Works
Sl. Item CIL / Subsidiary Board Committee of FDs headed by CMD, CIL / Subsidiary Remarks No. CMD CIL / Subsidiary 3 Company Sanction ofMatters Capital: Works - :- i. New projects/schemes included CIL Board : Beyond ₹250 Crores in each CFDs, CIL : Beyond ₹100 Crores and CMD, CIL : Upto ₹100 Crores in
Slide 6: Estimates, Indents, Write-off and Survey Off
Sl. Item CIL / Subsidiary Board Committee of FDs headed by CMD, CIL / Subsidiary Remarks No. CMD CIL / Subsidiary 5 Company Sanction ofMatters : - / Indents for Procurement of goods / works / services :- Estimates i. Sanction of Indents for Procurement of goods Refer Annexure-III ii. Sanction of Est
Slide 7: Sale of Coal and Disposal of Movable Items
Sl. Item CIL / Subsidiary Board Committee of FDs headed by CMD, CIL / Subsidiary Remarks No. CMD CIL / Subsidiary 9 Company Matters Sale of coal, rejects: and - other allied products : - i Sale of Non-Coking Coal Full powers to CIL Board ii Sale of Washed Coking Coal, Full powers to the respective W
Slide 8: Establishment Matters
Sl. Item CIL / Subsidiary Board Committee of FDs headed by CMD, CIL / Subsidiary Remarks No. CMD CIL / Subsidiary 11 Company Matters Establishment : - :- Matters i. Sanction for all kinds of leave as Full powers per rules Study leave to be sanctioned by CMD,CIL ii. Sanction of all types of Loans & F
Slide 9: Establishment Matters (continued)
Sl. Item CIL / Subsidiary Board Committee of FDs headed by CMD, CIL / Subsidiary Remarks No. CMD CIL / Subsidiary vii. Company Matters Accept fitness :- certificate to join Full powers duty after leave on medical/ sick ground viii. Approve tour programme Full powers ix. Sanction continuous halt in F
Slide 10: Establishment Matters (continued)
Sl. Item CIL / Subsidiary Board Committee of FDs headed by CMD, CIL / Subsidiary Remarks No. CMD CIL / Subsidiary xiii. Company Waive timeMatters : - submission limit for Full powers of all types of personnel claims xiv. Accept cancellation charges on Full powers Rail/ Air tickets in case of journey
Slide 11: Legal Matters and Personnel Welfare
Sl. Item CIL / Subsidiary Board Committee of FDs headed by CMD, CIL / Subsidiary Remarks No. CMD CIL / Subsidiary 12 Company Matters Legal Matters :- : - i. Reimbursement of legal and Full powers incidental expenses incurred in cases arising out of the official duties of the employees for attending
Slide 12: Executive Personnel Powers
Sl. Item CIL / Subsidiary Board Committee of FDs headed by CMD, CIL / Subsidiary Remarks No. CMD CIL / Subsidiary Company (d) Power Matters : - and prizes of award Full powers including on occasions to executives like Foundation Day, May Day, Hindi Diva s Day, etc. (e) Power of transfer of I nter -
Slide 13: Consultants and Land Matters
Sl. Item CIL / Subsidiary Board Committee of FDs headed by CMD, CIL / Subsidiary Remarks No. CMD CIL / Subsidiary 14 Company Matters Consultants :- :- i. Appointment of Consultants on Full powers Individual consultants : Full Company / Partnership firms / Refer Annexure-V nomination basis powers LLP
Slide 14: Miscellaneous Powers
Sl. Item CIL / Subsidiary Board Committee of FDs headed by CMD, CIL / Subsidiary Remarks No. CMD CIL / Subsidiary 16 Company Matters Miscellaneous :- : - i. Purchase of accessories / spare Full powers Upto ₹5 Crores each year parts for computers, laptops and other peripherals , repairing of computer
Slide 15: Annexure I: DOP of CFDs, Chairman & FDs of CIL on Procurement
DOP of CFDs, Chairman & FDs of CIL on Procurement of Goods and Annexure-I Award of Works & Services (Amount in ₹ Crores - rounded off) Committee of Functional Executive General Functional Chairman, Directors Directors Manager Directors CIL (FDs) (EDs) /HODs headed by Item of Procurement Chairman 1.
Slide 16: Notes on Procurement Powers
Notes:- 1. In case of Revenue expenditure bundled with Capital expenditure, the Delegation of Power relevant to Capital expenditure would apply. Example:- Sourcing of spares under AMC/CMC along with Capital equipment whether delivery is immediate or not. 2. In case of Resultant Single Tender, the fo
Slide 17: Annexure II: DOP of Subsidiaries on Procurement
DOP of ESC, CFDs, CMD & Other Executives of Subsidiaries on Procurement of Annexure-II Goods and Award of Works & Services (Amount in ₹ Crores - rounded off) Committee of Functional Functional General CMD, Directors Directors Manager Subsidiaries headed by (FDs) /HODs Chairman Item of Procurement 1.
Slide 18: Notes on Subsidiary Procurement
Notes:- * For areas having annual production in excess of 20 MT, Area GMs are authorised to exercise their delegated powers for procurement of goods and award of work and services for both capital and revenue items upto 1.50 times their delegated powers. ** For projects having annual production in e
Slide 19: Annexure III: Indent Approval
Annexure-III DOP of CMD & Other Executives of CIL & Subsidiaries on Indent Approval (Amount in ₹ Crores - rounded off) Functional Area General Project GMs/HODs of Directors Managers of Indent for procurement of Goods Officers of CIL/ (FDs) of CIL/ Subsidiaries Subsidiaries Subsidiaries Subsidiaries
Slide 20: Annexure IV: Estimate Approval
Annexure-IV DOP of CMD & Other Executives of CIL & Subsidiaries on Estimate Approval (Amount in ₹ Crores - rounded off) Area Functional GMs/HODs CMD General Project Estimate for award of Works & Directors of Subsidiaries Managers of Officers of Services (FDs) of CIL/Subsidi & D(T),CIL Subsidiaries S
Slide 21: Annexure V: Guidelines for Appointment of Consultant Organisations
ANNEXURE-V Guidelines for Appointment of Consultant Organisations 1. These Guidelines shall include the appointment of entities as : i. Technical Experts ii. Auditors (except Statutory Auditors who are appointed by C&AG) iii. Stock Verification Consultants iv. Lawyers v. Consultant for Company Secre
Slide 22: Consultant Appointment Limits
10. The requirement of open tender shall not apply to Institutions of National repute like IITs, IIMs, ISM,ICAI,ICSI, ICMAI and similar bodies established under an Act of Parliament / Institutes of national or international repute and likewise as recorded in writing by the appointing authority. 11.
Slide 23: Notes to Revised DOP
Notes to Revised DOP Sl.N Notes o: 1 DOP is to be exercised under the broad framework of all Rules, Manuals, Policies & Guidelines. In case of incongruity , the latter shall prevail over this DOP. 2 This DOP is for CIL and its Subsidiaries. 3 Financial powers can be exercised by officials as stipula
Slide 24: General Guidelines on Revised DOP
General Guidelines on Revised DOP Sl General Guidelines No: 1 Delegation of Powers is an effective instrument for expeditious decision making and efficient management. 2 The delegation is made keeping in view the objectives of the company and its accountability to the Government. The Board of Direct
Slide 25: Enclosure II: Revised DOP of Functional Directors, CVO, ED & GMs, CIL
Revised DOP of Functional Directors , CVO, ED & GMs/HODs,CIL Enclosure - II GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL 1 Financial Matters (for depts and estb. under administrative control) :- Capital / Revenue Expenditure in excess or Upto 10% of total cost
Slide 26: Advances and Financial Concurrence
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Mattersagainst Advance/deposit (for depts workand estb. under (subject to theadministrative control) :-that no cost escalation is allowed on such job):- underlying condition a. Central/ State Government aut
Slide 27: Capital Works and Procurement Powers
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Payment ofMatters :- (for depts and estb. under administrative control) :- (i). Demurrage and claims including penalties viii. (ii). Staff salary, staff cost, Full powers - Full powers - - - - land licence
Slide 28: Sale, Disposal and Survey Off of Assets
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Award of Matters Work to(for depts and estb. under administrative control) :- CMPDI 5 Full powers - - - - - - on nomination basis 6 Other than pre-mature Survey off buildings /railway sidings & corridors/ o
Slide 29: Supply Orders and Marketing Matters
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Supply Matters Orders (for depts and estb. under administrative control) :- against Rate / Running Contracts and Depot Agreements Full Powers to 8 provided the requirements - - - - - - GM (MM) of and Price-
Slide 30: Marketing Matters (continued)
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Approve Matters (for depts sale scheme for and estb. under administrative control) :- stock liquidation or sales v. - - Full powers - - - - promotion as per guidelines of the company Approve/accord priority
Slide 31: Marketing Matters (continued)
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- Initiate action for verification and measurement of quality of coal products lying in viii. stock in colliery of CIL Full powers - Full powers -
Slide 32: Marketing Matters (continued)
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Call and Matters (for depts accept tender of and estb. under administrative control) :- appointment of retailers, dealers, traders etc at and xi. around consumption - - Full powers - - - - centres in terms
Slide 33: Settlement of Disputes and Establishment Matters
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- Full powers in Full powers in Full powers in Full powers in Full powers in respect of respect of respect of respect of respect of supplies / sup
Slide 34: Establishment Matters (continued)
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- Reimbursement of Medical iv. Full powers Full powers Full powers Full powers Full powers Full powers Full powers Expenditure as per rules Sancti
Slide 35: Travel and Personnel Claims
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters Allow travel (for depts by Rail/ Air and estb. under administrative control) :- in a class higher than entitled and by a route ix. Full powers Full powers Full powers Full powers Full powers - - oth
Slide 36: Books, Liveries and HRA
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- Purchase general/ technical/ professional Upto ₹2.00 lakhs Upto ₹2.00 lakhs Upto ₹2.00 lakhs Upto ₹2.00 lakhs Upto ₹2.00 lakhs Upto ₹50,000/- in
Slide 37: Welfare and Legal Matters
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Sanction Matters of other(for depts and estb. under administrative control) :- welfare xviii. - - - Full powers - - - activities 12 Legal Matters (for depts and estb. under administrative control) :- Engage
Slide 38: Legal and Personnel Matters
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- Pleading, memo of appeals, vakalatnamas etc., power to sign and pay fee to lawyers and incur other expenses, issue notices, make references Full
Slide 39: Personnel Matters (continued)
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL ii. Financial ConstituteMatters (for Selection depts and for Committee estb.recruitment under administrative and fix paycontrol) on such:- recruitment. For executives upto E6 a. grade and all non- - - - Full powers -
Slide 40: Personnel Matters (continued)
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- Inter-company transfer of vii. - - - Full powers - - - non-executives Select/ appoint/ promote/ Full powers on non-executives on the basis recom
Slide 41: Personnel Matters (continued)
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- Full powers on Award & prizes to non- recommendations xii. - - - - - - executives of concerned FDs/CVO Authorize settlement of Labour disputes b
Slide 42: Management Development and Training Matters
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- Full powers to GM(P/EE) for Acceptance of declaration executives xviii. - - - - - - of property on acquisition Full powers to GM(MP&IR) for non-
Slide 43: Training Matters (continued)
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- Initiate introduction of training course, departmental examinations, recruitment iii. - - - Full powers - - - examinations and other related mat
Slide 44: Administrative Matters
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL 15 Financial Matters Administrative (for depts matters and estb. (for depts and under administrative estb. under control) administrative :- control) :- Sanction payment of charges on account of rent, electricity, gas
Slide 45: Administrative Matters (continued)
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- For GM/HOD Sanction purchase and (Admin repairs & maintenance of /Civil/E&T/E&M electrical fittings, office ) -Upto ₹10 lakhs iv. equipment, AC,
Slide 46: Printing, Stationery and Courier Expenses
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- Upto ₹10,000/- in Upto ₹5,000/- in each case, subject each case, subject to limit of ₹2 to limit of ₹1 lakh lakhs p.a. for all p.a. for all depa
Slide 47: Imprest and Lease Agreements
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- To operate To operate imprest of their imprest of their respective respective departments as departments as Sanction for granting vii Full power
Slide 48: Consultants and Contingencies
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- Upto₹25 lakhs in Upto ₹25 lakhs in Upto ₹25 lakhs in Upto₹25 lakhs in Upto ₹25 lakhs in Appointment of each case subject each case subject each
Slide 49: Entertainment and Publicity Expenses
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- Upto ₹50,000/- in Upto ₹50,000/- in Upto ₹50,000/- in Upto ₹50,000/- in Upto ₹50,000/- in Upto ₹25,000/- in Upto ₹10,000/- in Sanction for incur
Slide 50: Contingent Expenses
seminars, exhibitions, ceremonies, celebrations, functions, sports & games, purchase of mementos etc. GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- 2. Full powers for Arrangement of lunch, r
Slide 51: Contingent Expenses (continued)
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- 3. Upto ₹2,50,000/- in - each case subject to a limit of ₹50 lacs p.a. for arrangement of lunch, refreshments and other hospitalities in connect
Slide 52: Interview Expenses and Secret Fund
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- 4. Full powers to GM(P/EE) / GM(P/Rectt.) for arrangement of meeting, lunch and other expenses for interview/selectio n committees at interview/
Slide 53: Grants, Donations and Honorarium
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- Upto ₹.1.00 lakh in each case, subject to a limit Upto ₹1.00 lakh Upto ₹.1.00 lakh Upto ₹.1.00 lakh Upto ₹1.00 lakh of ₹5 lakhs per in each case
Slide 54: Official Vehicles and Medical Matters
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- Using official vehicles on ix. Saturday/ Sunday/holidays Full powers Full powers Full powers Full powers Full powers Full powers Full powers for
Slide 55: Secretariat Matters
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL 20 Financial Matters Secretariat Matters(for :- depts and estb. under administrative control) :- Payment of Annual & Full powers to i. other fees to Stock - - - - -- - Company Exchanges & Depositories Secretary Issue
Slide 56: Advertisements and Clearing & Forwarding Services
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- Issue advertisements to newspapers required as Full powers to iv. per Companies Act and - - - - -- - Company other Regulations through Secretary
Slide 57: Clearing and Forwarding Charges
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for Sanction depts and estb. under administrative control) :- advance /payment for other charges such as Truck/Tempo/hand cart hiring/Crane hire/Cooperage with appraisement, sealing /engaging casua
Slide 58: Miscellaneous Clearance Expenses
GMs/HODs, Sl. Items D(T), CIL D(F), CIL D(M), CIL D(P&IR), CIL CVO, CIL ED, CIL CIL Financial Matters (for depts and estb. under administrative control) :- Sanction/ incur miscellaneous expenses towards pursuing of clearance at Customs/Port, purchase of Stamp/Bond Full powers to iv. - - - - - - pape