Coal India will be initially spending Rs 200 crore on technical up-gradation in various areas including electronic fencing of mines on the lines of practices in advanced nations like US and Australia. The technical up-gradation includes fitting all trucks meant for carrying coal with GPS tracking devices within a month to check plunder of the dry-fuel.
The move comes against the backdrop of the world’s largest coal miner mandate to double its output to 1 billion tonne by 2020 to meet growing demand.
Coal India, the world’s largest coal miner, accounts for over 81 percent of domestic coal production.
| Company Name | CMP |
|---|---|
| Coal India | 438.70 |
| NMDC | 89.78 |
| GMDC | 733.40 |
| Sandur Manganese | 218.35 |
| MOIL | 327.60 |
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