+
CIL signs agreement to purchase Russian shovels at Rs 1,462 cr
Equipment

CIL signs agreement to purchase Russian shovels at Rs 1,462 cr

On Thursday, Coal India Ltd (CIL) told the media that it had inked a pact for purchasing 11 Russian electric rope shovels of about Rs 1,462 crore.

The electric rope shovels play an important role in opencast mines in material loading.

CIL inked a pact with Iz-Kartex, named after P G Korbokov Ltd, a Russian shovel manufacturing firm for installing and commissioning shovels after successfully getting the tender through participating in the global competitive tender involving reverse auction.

The contract has been closed considering the life cycle equipment cost with consumables and spares for eight years.

CIL said that it is the first major equipment procurement in the current fiscal year. The procurement process is being tracked fast to strengthen the mining equipment and replace the old machines.

The delivery of the entire electric rope shovels will be concluded by September 2023.

The newly contracted 11 electric rope shovels would be used in the opencast (OC) projects of CIL arm Northern Coalfields Ltd (NCL).

According to a statement, each of the electric rope shovels of 20 Cu.M has priced around Rs 133 crore, including the landed value of the equipment, consumables and spares for eight years.

As per the contract, the first machine will roll out in NCL in June 2022, and afterwards, at least one every 45 days. The entire delivery is being scheduled for September 2023.

Image Source


Also read: Coal India to reduce manpower by 5% annually for the next 5-10 years

Also read: CIL approves most capacity addition in a year

On Thursday, Coal India Ltd (CIL) told the media that it had inked a pact for purchasing 11 Russian electric rope shovels of about Rs 1,462 crore. The electric rope shovels play an important role in opencast mines in material loading. CIL inked a pact with Iz-Kartex, named after P G Korbokov Ltd, a Russian shovel manufacturing firm for installing and commissioning shovels after successfully getting the tender through participating in the global competitive tender involving reverse auction. The contract has been closed considering the life cycle equipment cost with consumables and spares for eight years. CIL said that it is the first major equipment procurement in the current fiscal year. The procurement process is being tracked fast to strengthen the mining equipment and replace the old machines. The delivery of the entire electric rope shovels will be concluded by September 2023. The newly contracted 11 electric rope shovels would be used in the opencast (OC) projects of CIL arm Northern Coalfields Ltd (NCL). According to a statement, each of the electric rope shovels of 20 Cu.M has priced around Rs 133 crore, including the landed value of the equipment, consumables and spares for eight years. As per the contract, the first machine will roll out in NCL in June 2022, and afterwards, at least one every 45 days. The entire delivery is being scheduled for September 2023. Image Source Also read: Coal India to reduce manpower by 5% annually for the next 5-10 years Also read: CIL approves most capacity addition in a year

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code