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Coal India awards Rs 2,900 crore contract to Belaz

27 Aug 2020 Evaluate

Coal India has awarded a Rs 2,900 crore contract to Belarus-based mining equipment manufacturer Belaz for supply of 96 dumpers of 240-tonnes capacity. The purchase package includes the cost of the dumpers and spares for eight years, including the one-year warranty period.

Coal India 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 419.00
NMDC 80.69
Ashapura Minechem 518.35
Sandur Manganese 182.00
GMDC 553.15
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