S Narsing Rao’s Gamble: To quit as Coal India CMD to become Telangana chief minister KCR's key aide

AFTER joining as CMD of Coal India (CIL) in June 2012, this 1986 batch IAS – S Narsing Rao surprised many by resigning the elite IAS service to get absorbed in the Maharatna PSU. Now, Rao is set to quit Coal India as he is likely to take up his new assignment: Principal secretary to Telangana’s first chief minister K Chandrasekhara Rao. By the way, both the Raos hail from the same area in the state called…

Will ex-IAS Narsing Rao succeed in replicating Singareni magic in Coal India?

DURING the last few days, the world’s largest coal producing company, Coal India Limited, faced some bad press, and also the wrath of the Dalal Street. After all, its first quarter net profit witnessed a sharp fall by 16.51 per cent, much below the Street’s expectations, forcing the stock to test a 52-week low at Rs 248 on the Bombay Stock Exchange though it had partially recovered during later part of Monday. Coal India chairman S Narsing Rao, a 1986 batch IAS officer who had resigned from the service to get himself absorbed into the company last year, hopped over from…

Coal Block De-allocation: Who is Zohra Chatterji, her career & controversies

Zohra Chatterji

ADDITIONAL secretaries usually live in oblivion. In most cases, they are the financial advisers for the government departments with no authority on any vertical. But 1979 batch additional secretary level IAS officer Zohra Chatterji has turned lucky. The UP cadre officer, who had earlier steered the Coal India Ltd as its interim head, has been hogging the limelight ever since her Inter-Ministerial Group (IMG) on coal was entrusted the daunting task of deciding the fate of coal blocks allocated to the private parties between 2005 and 2009. The next IMG meeting is scheduled to be held on Wednesday, but here BoI attempts to give a snapshot of Zohra Chatterji as a person, her credentials and controversies:

New Coal India chairman and 1986 batch IAS Narsingh Rao has a Coalaveri ahead

Coal India chairman's job was always hot. And that's why five IAS officers and over dozen others fiercely competed with each others recently to occupy the hot chair that controls the world's largest coal miner with an annual revenue of Rs 60,000 crore (FY2010-11).
But for Narsingh Rao, Coal India chairman designate and 1986 batch Andhra Pradesh cadre IAS, the position has come with numerous challenges. Apart from the leaked CAG report on distribution of coal blocks which among other others indicted Coal India, there have been issues regarding its ability to produce more and commit power companies for an assured coal supply...

Why This Coalaveri Di? IAS officers bid for clinching Coal India chairman’s post

Nandita Chatterjee in China (File Photo)

NEVER before the chairman’s post of a government-run company has wooed so many prominent IAS. And hence: Why This Coalaveri Di? Here are five IAS officers who have made serious bids to clinch the coveted post of chairman, Coal India. The final interview will take place on February 14. Currently, coal ministry’s additional secretary and 1979 batch IAS Zohra Chatterji is the acting CMD of Coal India. Remember, Coal India is not just a cash-rich PSU. It commands respects in government, corporate corridors and also in Dalal Street. Only on August last year, the company, which is the world’s largest coal-miner, hogged the limelight when its market capitalization surpassed that of Mukesh Ambani-owned Reliance Industries, and became India’s most valuable company. Also, the chairman’s revised pay scale at Rs 80,000 to 1,25,000 per month is an attractive proposition as it is higher than the salary of a secretary-ranked officer. But for most IAS officers applying for the post, other factors including early retirement and current side-tracked postings could be some of other considerations why they wish to venture into this world of coal mining. Here are the IAS applicants for this hot job.

Nandita Chatterjee

Additional secretary, Environment Ministry
For this 1980 batch West Bengal cadre IAS officer, it’s a perfect fit to work five more years for this Kolkata-headquartered PSU giant. As she will be 60 only in July 2017, Ms Chatterjee, if selected, will get a full five-year term. She is a post graduate in economics and also a PhD in anthropology. She is an alumni of Presidency College, Kolkata, University of Manchester, UK and World Bank Institute, Washington DC. Her work experiences in environment ministries both at the state and the Centre could be an added advantage, as Coal India’s biggest challenge now is to fiercely follow its growth path while remaining highly environment-friendly.

RS Kahlon

Environment Secretary, West Bengal
For this 1984 batch IAS, it’s an opportunity to head a leading government company from Kolkata. Kahlon who has never been on a Central deputation in the past and who is retiring in 2018, it’s the right bet. He is an MA in English literature and has no economics background.

Sudhir Kumar

Sudhir Kumar

Former OSD to Lalu Prasad
The high point of this 1982 batch Bihar cadre IAS was the much talked about turnaround saga of Indian Railways. Sudhir Kumar was the backroom boy of making Railways a profitable venture when students from IIM and Wharton queued up outside Rail Bhawan to do case studies on Lalu Prasad-anchored success story. Kumar was in fact more powerful than any Railway Board chairmen between 2004 and 2009. But his career graph fell sharply after Lalu’s RJD did a poor show in 2009 general elections, and Lalu was replaced by Mamata Banerjee as railway minister. Kumar joined power ministry as a joint secretary before going back to Nitish Kumar’s Bihar. Those who had worked with Sudhir Kumar say he understands business nuances more than even the business honchos do, and he will be a perfect CEO. Also, he is retiring in 2016, thereby making his Coal India bid a right case.

Sreemat Pandey

Principal Secretary to Rajasthan CM
This 1984 batch Rajasthan cadre IAS had served in the state electricity department several years before joining as secretary to CM. Sreemat Pandey was an electrical engineer, and then took civil services exam to become an IAS.

Narsingh Rao

A former UN hand
For the last five and half years, Narsingh Rao, a 1986 batch Andhra Pradesh cadre IAS, has been working as Chairman and MD of Singareni Collieries Company Ltd (SCCL). Maybe, it’s the time he joins a bigger PSU which has a national reputation. Rao worked as portfolio manager in an UN agency called UN Office for Project Services for six years between 1999 and 2005.