In a move to match the increasing coal demand, Coal India Ltd (CIL) has decided to procure mining equipments worth ₹12,000-13,000 crore in the next three years, Chairman Anil Kr Jha said, elaborating that the company will float global tenders to match international quality standards. The company has set a target of producing 630 million tons in 2018-19 and one billion ton in the next three to four years. CIL's productivity per man each shift has been much below than international benchmark of 13 tons per man shift, he said explaining that the Coal Ministry had asked the miner to follow the international parameters in cost of production, quality, grade, equipment performance, unit cost of production and environmental concerns. He also quoted the recent MoU signing between BEML and Heavy Engineering Corporation to produce mining equipment jointly. The collaboration will help both the BEML and the HEC to manufacture rope shovels and walking draglines of various capacities with more indigenousness in lesser time and cost leveraging strength, he claimed.
