We are pleased to introduce ourselves as Goel Agencies Pvt. Ltd. (GAPL) a privately held company (headquartered in New Delhi) that has been associated with the coal and mining industries for the last four decades. It started with trading in steel wire ropes, coal cutting machines, haulages and ventilation fans for mines and other accessories, but with the nationalization of mines in 1971, the group diversified into civil and mining related construction, office buildings, airstrip, and site preparation works for washeries and mines. Infact, the promoters of GAPL built the first Beehive Hardcoke manufacturing unit of 0.24 million tonnes per year of low ash metallurgical coke with 350 beehive coke ovens for Tata Iron & Steel Co. Ltd. at Dhanbad. This construction was achieved in a record time of less than 18 months.
GAPL and its associated companies under the same promoters has executed and managed various jobs and made exceptional strides in transportation of coal and other minerals handling more than 1.5 million tonnes of coal a year and are one of the principle contractors for Tata Steel Ltd., a leader in the manufacture of iron and steel, for their mining activities for over 40 years. GAPL is a key resource for mining site preparation, earth-moving and over burden removal for open cast mines, transporting, Conversion Services, supply of low ash metallurgical coke etc.
GAPL furthers its base with actual mining to the reclamation of coal from slurry ponds. Being associated with the Tata Steel Ltd. (TSL) at their mines, the group gained immense knowledge of eco-friendly measures adopted for mining and are well conversant and acclimatized to eco-friendly mining. GAPL is reputed to move enormous quantities of coal in a day to both short and long haul end-users. Heavy earth-moving machinery has been deployed to move and sell over 1.2 million tonnes of slurry from ponds (washery bye-products used in brick-making plants, sponge-iron plants, etc), and fulfill various transportation contracts with TSL from time to time. GAPL has an excellent retail network to sell coal products and residuals of washed coal.
GAPL has undertaken production of over 1.5 million tonnes of low ash metallurgical coke cumulatively for TSL’s blast furnaces. The group has also been involved in various heavy earth-moving jobs, evacuation jobs, plant and site leveling works, embankments, airfields, etc. for over four decades. GAPL has also carried out transportation for Tata Power Ltd. a power producer for their plant at Jamshedpur.
GAPL is an established trading and mining organization with good financial strengths and has continuing contracts in various sectors ranging from mining to civil works. It has a manpower pool of over 150 people.
Looking at the growth prospects and market demand, the promoters have started a development plan to get into steel industry. Resources are actively being collected, and joint-ventures being negotiated, to enter into larger mining projects including leasing a mine for private-mining. Additionally, to keep pace with the growing demand of coal, contracts are being pursued to venture into coal imports. The company has added to its fleet of trucks and adding to its transport capacity and capabilities by getting into large and sustained transportation nationwide.Further the group has also diversified into power generation and has completed the commissioning of its windmills of 2.50 MW in Maharashtra. All these efforts should yield in GAPL becoming a major player in the industry in the next five years.
Promoters
Mr. Satish Goel, Chairman & Managing Director of GAPL, aged 65 years, started his career early with trading in mining accessories before diversifying into actual mining and transportation. He then diversified further into construction of office buildings, a hostel, airstrip, other civil works and hardcoke manufacturing units. A commerce graduate, he manages new business development efforts, existing business, vendor and customer maintenance, along with the sales & marketing efforts of the company.
Mr. Anil Goel, Executive Director of GAPL, aged 61 years, is the group’s operational head. Primarily responsible for the production processes of the coke units, he has been instrumental in the diversification and growth of the group’s foray into transportation activities among other mining and excavation activities. He also addresses the budgetary requirements of the group in addition to assisting in matters of finance and taxation.
Mr. Sanjay Goel, Executive Director, aged 41 years manages the finance activities of the group companies including administrative works. He is an Economics major who is also responsible for the group’s marketing efforts. He has been instrumental in setting up a coal distribution network for the Tata Steel Ltd. for sale of their excess coal. His financial planning has helped achieve positive cash flows year-on-year while establishing the group as a financial powerhouse.
Mr. Sachin Goel, Executive Director, aged 36 years, is primarily responsible for business development and management practices of the group. An MBA with a specialization in finance and management processes, he works in the area of finance and investment activities of the group. He has created new investment opportunities for the group by diversifying into new businesses.
Mr. Sumeet Goel, Director aged 35 years is primarily responsible for the marketing and sales of coal and coke by-products of the group. He has been instrumental is developing new markets for the material both within the eastern and northern regions of the country and is well conversant with the technical of coal and its derivatives.
