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Kolkata, 15th July 2016: India’s leading oil & gas PUS conglomerate Indian Oil Corporation Limited launched its flagship Explosives Brand “INDOGEL”, on the sidelines of the 3rd Conclave on Explosives, inaugurated at Hotel Taj Gateway Kolkata on Friday here.
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The conclave was organised by Co’s IBP Division, Business Group (Explosives) in the august presence of Debasis Sen, Director (P&BD) & Director (I/c – IBP Division) , Sutirtha Bhattacharya – Chairman , Coal India Limited(CIL), Dr. S Kamal – Chief Controller of Explosives(CCOE)–PESO, Nagpur, Anil Kr. Jha – CMD, Mahanadi Coal Fields Limited(MCL), P K Tiwari – Director (Technical), Central Coalfield Limited(CCL), and Prof . D C Panigrahi, Director ISM Dhanbad.
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During the inaugural address, Sri Bhattacharya, Chairman (CIL) emphasized on creating an economical and ecological balance for sustainable business environment. He urged to create a task force to work on the ideas emanating from the conclave and its effective implementation.
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Dr. S Kamal, CCOE-PESO elaborated on the safety practices and the role of PESO in the current business scenario.
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A K Jha, CMD, MCL emphasized on the active co-operation between IOCL & CIL. He also highlighted Indian Oil’s role towards CIL’s productivity and stressed the need of continuous supply of quality explosives in view of the prospective projected coal production target of 1 billion MT by 2020.
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Speaking on the occasion, Prof D C Panigrahi, Dir(ISM)emphasised the need of technological developments in the field of explosives manufacturing and its applications.
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P K Tiwari, Dir(T), CCL elaborated and stressed on cutting down production costs and exploring new technology to embrace the same for attaining higher productivity at optimal cost.
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Director (P&BD) &Dir(I/c) IBP Division, Mr. Debasis Sen delivered the key note and welcomed the august gathering. In his address he complemented all the stakeholders of IOC explosives division and highlighted CIL’s patronage for Indian Oil’s explosive business. CIL is the biggest customer of Indian Oil’s explosives business portfolio accounting for nearly 89 % of sales volume. He complimented explosives team on achieving a business growth of 44% and augmenting storage capacity by 50% in last FY. He also highlighted on Indian oil’s commitment in forming collaborative and technological transfer arrangements to make the most of the opportunity in the mining sector in the near future.
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GM (Explosives) Mr Manish Sinha felicitated the dignitaries and thanked them for their gracious presence. This followed by two interactive technical sessions.