Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
419.15
-21.25 (-4.83%)
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Coal India to procure mining equipments in next three years

Date: 31-07-2018

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.