Coal India Ltd.

Coal India (CIL) has inked a pact for purchase of 11 Russian rope shovels for nearly Rs 1,642 crore. Electric rope shovels play a vital role in opencast mines for loading of material. In an ongoing process of modernising its ageing heavy earth moving machinery fleet, the company on closed a deal valued at nearly Rs 1,462 crore for purchase of 11 20-cubic metre electric rope shovels.

CIL tied up a contract with Iz-Kartex named after P.G.Korbokov Ltd, a Russian shovel manufacturing company for installation and commissioning of the shovels after it bagged the bid through participation in global competitive tender involving reverse auction. Contract has been concluded considering life cycle cost of equipment with likely consumables and spares for a period of eight years. The delivery of all the electric rope shovels would be concluded by September 2023.

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.