CORONATION INFRASTRUCTURE PVT LTD G.S. ATWAL & CO. (ASANSOL)
Introduction
For over seven decades, our family has been engaged in mining, infrastructure and heavy earth moving sectors in India and Africa. Our parent company: G.S. Atwal & Co. Asansol, owned coal mines in Eastern India. Post nationalisation of coal mines by the Indian Government, in the mid 70s, the business channeled its resources to become amongst the top mine operators in India and to execute large scale infrastructure projects like dams, roads, refineries, buildings etc. Effective 2001, Coronation Infrastructure Private Limited, has maintained its focus on operating mines in the states of Odisha, Jharkhand, Chhattisgarh, Rajasthan, West Bengal etc. in India and has executed mining operations for companies like Tata Steel, JSPL, JSL, JSW, Jindal Saw, IMFA, Vedanta, Mesco Steel, Ultratech, Electro steel, Usha Martin, Balasore Alloys Ltd, Jaypee Group etc. and various Government PSUs. We excel in mining Iron Ore, Coal, Chromite, Manganese, Bauxite and Limestone through opencast and underground mines. Our expertise includes excavation/raising of ROM by drilling and blasting, transportation of ROM to crushing and/or screening plants, crushing and/or screening of ROM to obtain finished product and transportation of the finished product to final stockyards and the removal and transportation of Overburden (OB) including associated rejects/spoils/spurious materials to the specified yards.
Mission
In 2015, when our annual turnover was close to INR 450 crore and we were growing at a rapid rate, 50% of our income was generated through Coal mining and 50 % was generated through Iron Ore, Chromite and Manganese mining. Overnight, our company lost half of its revenue because of the ban imposed on Coal mining by the Indian Government. Through no fault of our own we suffered huge losses at the time and had to downsize operations dramatically but still carried on with sheer determination.
Owing to the above words, our aim is to become a top mine operator within the country once again. As of 2021, we currently have 5 ongoing projects worth INR 1058 crore and have secured 3 mining contracts in India and Nigeria worth INR 2750 crore. We have expanded our portfolio by entering into road construction and have secured two Government contracts in the states of Punjab (NHAI) and Meghalaya (MoRTH / PWD) worth INR 1116 crore. With nearly INR 5000 crore worth of ongoing and upcoming work, we are at the cusp of turning a new leaf. We aim to take this company to new heights of success that one can only dream of.
