Skip to main content

MoneyWorks4Me

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 406.00
NMDC 68.57
Ashapura Minechem 418.05
Sandur Manganese 168.60
GMDC 420.95
View more..