Hybrid Corporate Social Responsibility(CSR) Funding Model WESTERN - - PowerPoint PPT Presentation

WESTERN COALFIELDS LIMITED

(A subsidiary of Coal India Limited)

Hybrid Corporate Social Responsibility(CSR) Funding Model

INTRODUCTION

28 UG, 38 OC in the states of Maharashtra & Madhya Pradesh) OPERATE IN 66 MINES From 3.39% of National Geological Coal Reserves 7% OF NATIONAL COAL PRODUCTION Of Coal Production in FY 2018-19 53.18 MILLION TONNES Western Coalfields Limited

• Coal

Producing subsidiary of Coal India Limited headquartered in Nagpur, Maharashtra

• WCL has invested in setting up Water Treatment plants

through its Corporate Social Responsibility(CSR) funds.

• Water given free of cost to villages
• Plant Operation and Maintenance costs recovered

through Sale of bottled water under brand name “Coal Neer”

• Mine discharge water is used

Hybrid Water Cooperatives

SOCIAL INCLUSION

Direct Beneficiaries Indirect Beneficieries Bottled Water 10,000 beneficiaries of Patansaongi village door- step delivery through Self Help Groups(SHGs) 25,000 population living around 5 KM radius & 50,000 people/year travelling through the highway Our corporate/mining

• ffices consumes around

150,000 bottles of water every year costing €12,500 Total Plant Capacity: 240,000 Liters/day 60% of capacity: 140,000 Liter/day - Community 40% of capacity: 100,000 Liters/day - Internal

40% 60%

Community Use Internal Use

BUSINESS MODEL & SUSTAINABILITY

Details Amount

Initial Fixed Cost €30000 Annual Recurring Cost €2500 Annual Savings on cost of internal consumption €12500 Time taken to recover costs 3 years

COST ECONOMIES OF PROJECT

• Villagers are provided with low cost purified water

at 1/4th price (Rs 5 i.e 6 Euro Cents for a 20 litre water can)

• Water Entrepreneurs acting as distributors get this

money to cover their transportation costs & earn revenue upto €2500-€5000 per year without any investment

• WCL saves money spent on purchase of bottled

water from external agencies of amount €12500

The investment of €30000 has been recovered within 3 years of its operation

Through Hybrid model, WCL is not just investing in water plant but also maintaining it and is able to provide low cost purified water to villagers and also create new age water entrepreneurs who earn revenue without any investment

REPLICATION STRATEGY

• Another RO plant of similar capacity(10000 liters/hour)

installed in Waghoda Village presently serving population

• f 10,000.
• Plans for commercial launch of Coal Neer in the market at

a very nominal cost

222 Mil

Ltrs/Day

Mine Water Availability for community use

RO plant utilises mine discharge water from Patansaongi UG mine which discharges – 190,000 liters/day

Total Mine Water discharge of Western Coalfields Limited – 377 Million Ltrs/day

REPLICATION STRATEGY

Sand extracted from Overburden

• f

Coal Mines being sold commercially (at regular prices) & to local government agency (At 1/5th Market Price)

LOW COST HOUSING

1

Mines being

• ffered

as tourist locations in collaboration with State Tourism Department

MINE TOURISM

2

In-house training centers also being used from skill development of rural youth

SKILL DEVELOPMENT

3

Hybrid Funding Model replicated in non-water areas

SUSTAINABILITY

TRADE OFFs

• First RO plant launched in Neelgaon village -1000 liters per hour capacity & plant

handed over to community – Failed

• Water source – Non-Perennial Mine Water
• Free of cost Water vs Paid water

PRICING

• Free of cost Water vs Paid water

FUNDING

• Commercial sale of Water by Mining company

DIVERSIFICATION

THANK YOU