Coal India, the world’s largest coal miner, is reportedly mulling upon broad-spectrum changes in its procurement policy to save on contract value. With multi-billion dollar opencast equipment purchase being planned, the initiative may result in big time savings for the company.
CIL is scheduled to invite tenders for large numbers of high-tonnage dumpers, shovels, dozers and other equipment, beginning as early as the start of the New Year, i.e., 2013.
Recently, the company Submitted a preliminary perspective plan for development of the three coal blocks - Brahmini, Chichro Pastimal and East of Damogoria from the de-allocated coal blocks which have now been assigned to the company for undertaking mining work.
| Company Name | CMP |
|---|---|
| Coal India | 442.05 |
| NMDC | 89.07 |
| GMDC | 696.25 |
| Sandur Manganese | 214.50 |
| MOIL | 323.95 |
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