KMML net profitat ₹112 crore
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All three units of PSU perform well
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All three units of PSU perform well
Despite the COVID-19 triggered crisis, Kerala Minerals and Metals Ltd (KMML) has registered a turnover of ₹783 crore and a net profit of ₹112 crore in 2020-21 fiscal. “KMML is the top profit-making enterprise among State PSUs in the last five years, registering a profit of ₹530 crore during the period,” said chairman K. Elangovan.
While all the three units of KMML performed exceptionally, the Titanium Sponge Unit registered a record production volume of 260 tonnes and profit of ₹50 lakh.
According to managing director J.Chandrabose, mineral separation unit also did well by recording a profit of ₹3.44 crore. While the renovation and diversification projects enabled the company to achieve the feat, the dip in production and export to countries like China turned out to be an added advantage.
Kerala’s Energy Management Centre in silver jubilee year
February 21, 2021
Department of Posts releases Special Cover, My Stamp
Energy Management Centre (EMC) under the Department of Power, Kerala, the first state-level organisation formed to exclusively promote energy conservation, has completed 25 years prompting the Department of Posts to release a Special Cover and a ‘My Stamp’ to mark the occasion.
Sayeed Rashid, Director, Postal Services, released the commemorative instruments in the presence of Chief Minister Pinarayi Vijayan at his official residence here. Among those present were Saurabh Jain, Secretary, Power; R Harikumar, Director, and Subhash Babu BV, Registrar, EMC; Anjana M, Superintendent of Post Offices; and Sony SN, Marketing Executive.
KMML and FACT shares energy awards
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The Kerala Minerals and Metals Ltd (KMML), Kollam, and FACT Udyogamandal, shared the Kerala State Energy Conservation Awards 2020 in the ‘Large-scale energy consumer category’.
The award, determined by the State-Level Monitoring Committee for Energy Conservation in Kerala, carries a cash prize of ₹50,000 each.
In the medium-scale energy consumers category, Milma’s Malabar Regional Cooperative Milk Producers Union (MRCMPU), won the award and cash prize of ₹1 lakh.
In the small-scale energy consumers category, Keya Foods International Pvt Ltd, Alappuzha, won the award, which carries a cash prize of ₹1 lakh. In the ‘buildings category’, Christ College, Irinjalakuda, won the award and cash prize of ₹1 lakh. The ₹1 lakh award was won by the Kanakkary grama panchayat, Kottayam, in the ‘institutions and organisations’ category.