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Coal India to procure mining equipments in next three years

31 Jul 2018 Evaluate

Coal India (CIL) has decided to procure mining equipments of Rs 12,000-13,000 crore through global tender over the next three years to ramp up coal production to meet the growing demand. This year, contracts worth Rs 4000-5000 crore could be placed with the vendors.

CIL is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications. 

Peers
Company Name CMP
Coal India 422.60
NMDC 80.65
Ashapura Minechem 515.60
Sandur Manganese 181.30
GMDC 544.30
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