MoneyWorks4Me

Coal India plans to install GPS-based movement tracking system

16 Jul 2013 Evaluate

Coal India, world's largest coal miner is planning to install GPS-based movement tracking system in order to boost efficiency at its major mines by March next year. It has already floated tenders for installing the tracking system. At present, state run firm struggling to meet production targets and plans to cover all major mines under the GPS-based movement tracking system after the Coal Ministry encouraged it for the same.

The company has reported production of 32.57 million tonnes in June 2013, as against target of 35.23 million tonnes. Meanwhile, the company’s total off-take for the month of June stood at 37.09 million tonnes as against a target of 39.85 million tonnes.

Peers
Company Name CMP
Coal India 411.85
NMDC 74.30
Ashapura Minechem 503.65
Sandur Manganese 183.15
GMDC 491.85
View more..