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Unearthing Potential

Today, mining is a $1 trillion industry, providing materials for everything from the energy sector to the commercial goods market.

CIL signs agreement to purchase Russian shovels at Rs 1,462 cr

Coal India Ltd (CIL) told the media that it had inked a pact for purchasing 11 Russian electric rope shovels of about Rs 1,462 crore.

CIL signs agreement to purchase Russian shovels at Rs 1,462 cr

Coal India Ltd (CIL) told the media that it had inked a pact for purchasing 11 Russian electric rope shovels of about Rs 1,462 crore.

CIL fast tracking equipment procurement plan

According to reports, Coal India (CIL) is fast tracking the process of procuring 360 high capacity mining equipment valued at over Rs 70 billion to bolster production.

Government should fast-track the procurement

After a lull in the past three years, mining, especially coal, is set to show significant growth in the next few years. Coal India (CIL) is doing its best to increase coal production quickly, from the current 568 million tonne per annum (mtpa) to 927 mtpa by 2020.

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