TIL Desk/Business/Kolkata/ The Coal India has decided to procure mining equipments worth USD two billion through global tender over the next three years to ramp up coal production to meet the growing demand. “We’ll procure mining equipments of Rs 12,000-13,000 crore in the next three years,” Coal India Chairman Anil Kr Jha said. He said this year contracts worth Rs 4000-5000 crore could be placed with the vendors.
Jha said that he desired that PSUs to bid for contracts and expected that they would match international parameters. The Coal India has set a target of producing 630 million tonnes in 2018-19 and one billion tonne in the next three to four years.
The CILs productivity per man each shift has been much below than international benchmark of 13 tonnes per man shift, he said adding that the Coal Ministry had asked the miner to follow the international parameters in cost of production, quality, grade, equipment performance, unit cost of production and environmental concerns. “We have asked CMPDIL to do the assessment. Benchmarking in coal mining is not the same like manufacturing of other goods,” Jha said.
