Gujarat NRE Coke bags Greentech Safety Award
(Press Release, 2003)

Kolkata based manufacturer of Low Ash Metallurgical Coke, Gujarat NRE Coke Limited has been chosen for the prestigious �Greentech Safety Silver Award for the year 2002-2003� in the manufacturing Coke Sector. The award will be given away by Hon'ble Sri Ram Nayek, Union Minister of Petroleum and Natural Gas Govt. of India and Hon'ble Smt. Jayawanti Mehta, Union Minister of State for Power, Govt. of India on 26th June, 2003 at Goa.

The award comes as a recognition for the safety measures taken by the company and its impeccable record since inception in the field of worker safety as well environment friendliness. �We are proud to have been selected from among the various companies in our category� said Sri Arun Kumar Jagatramka, Managing Director, �Awards like these spurs us on to be more vigilant about the environment we work in, the society that cradles us and our employees who toil round the clock to spread the word of safety with productivity and efficiency.�

The award is given by Greentech Foundation, a non profit organisation which identifies excellence in various fields of safety and environment management and rewards the super achievers. In the past, such awards have been given to a host of companies from both the public and the private sectors. The awards have become highly prestigious in the field of safety because of its well defined parameters of excellence and is the ultimate testimonial of an organisation's commitment to health, safety and environment.

The award comes at a time when �Gujarat NRE Coke� is running ahead in its own stream. Production and profitability of the company is on a soaring path and the company has just finished despatching bonus shares to its shareholders in the ratio of 1:2 along with a 10 percent dividend. In the current year too, the company�s performance is in tune with the immediate past as a global shortage and consequent firming up of coke prices is helping the company with better realisations.

�Our commitment to the shareholders is now known to all, which has been proved time and again by the very lavish bonus issues and dividends. We are happy that this award will bring to light another facet of our concern: that of safety of our employees and our environment friendliness� said an obviously proud Sri Jagatramka.

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