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EQUIPMENT INDIA AWARDS 2019
The 7th Annual Equipment India Awards 2019 recognised and rewarded the top performers of Indian construction equipment industry.
Banking on Coal Mining
While coal mining and quarrying will drive the growth of mining equipment, other mining segments will see a relatively lower growth demand for mining equipment. Pavethra Ponniah, elaborates more on the market trend.
DBL-VPR consortium wins MDO contract
DBL-VPR consortium has emerged as L-1 bidder for the mine developer-cum-operator (MDO) contract of Pachhwara Central Coal Block of Punjab State Power Corporation Ltd (PSPCL) for 55 years
Large Miners Forward
While the global mining industry is on the decline, India is witnessing a reverse trend. Many international mining equipment manufacturers are showcasing their products at BAUMA 2016, Germany, in a big way, at a time when Coal India
Rental equipment will not find application in safe mining conditions.
Because of the Central government's ambitious coal mining target, we foresee good potential in the next few years in coal mining. Also, this ambitious coal production
Coal and iron ore will continue to be the growth drivers for large mining equipment.
Large mining equipment are primarily used with Coal India subsidiaries and some corporate mining companies viz, Vedanta, Reliance etc. A few mine developer-cum-operators (MDOs)
Adani to supply coal from Chhattisgarh mine to RRVUNL
Adani Mining, the mine developer-cum-operator (MDO) of Parsa East-Kente Basin mine in Chhattisgarh, would supply the coal mined from the area to Rajasthan state power generation utility RRVUNL. In 2007, the block in Chhattisgarh was awarded to Rajasthan Rajya Vidyut Utpadan Nigam (RRVUNL) and the company in turn roped in Adani Enterprises for operating the mine