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

12 Jul 2021 CW Team

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

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..