COAL & MINES

Coal India invites bids for Rs 1,176 crore heavy earth moving equipment

Coal India has invited bids for supply, installation and commissioning of six electrical walking dragline along with spares and consumables with one-year warranty and additional spares & consumables for 10 years valued at Rs 1,176 crore.

Draglines are large excavators with a bucket pulled in by a wire cable and this procurement is part of the company’s plan to spend close to Rs 6,900 crore in acquiring heavy mining machinery, land, wagons and on mine development activities during the current quarter.

“Coal India will be spending more than Rs 4000 crore in acquiring heavy earth moving machinery and procure its own wagons for coal transportation to consumers. Read More

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