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Coal India’s arm awards tender to consortium of DSPL Mining, Sical Logistics

22 Nov 2023 Evaluate

Coal India’s subsidiary -- Mahanadi Coalfields has awarded a tender to the joint venture/consortium of DSPL Mining and Sical Logistics, in which the Sical Logistics will have 25% participation. The total contract value is Rs 135 crore, while the contract period is 2 years.

The contract is for hiring of pay loaders and tippers for mechanical transfer of coal/coal measure strata into tipping trucks at surface miner face and transportation of the same to different destinations i.e., sidings/stocks/Reject dump yard at Belpahar & Belpahar L-B-L OCP, Lakhanpur area for a quantity of 2,21,81,780 Te.

Coal India (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 419.55
NMDC 80.70
Ashapura Minechem 519.30
Sandur Manganese 182.40
GMDC 553.65
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