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August 27, 2020

India-based coal miner CIL awards $390m equipment contract to Belaz

India’s state-owned coal mining company Coal India Limited (CIL) has reportedly awarded an Rs29bn (approximately $390m) contract to Belarusian dump tracks manufacturer Belaz for 96 250t dumpers.

India’s state-owned coal mining company Coal India Limited (CIL) has reportedly awarded an Rs29bn (approximately $390m) contract to Belarusian dump tracks manufacturer Belaz for 96 250t dumpers.

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Dig deeper with our mining equipment forecasts

As ore mines ramp up and come on stream, the total number of active surface machines (including trucks, excavators, shovels, loaders, graders and dozers) is forecast to rise from 141,470 in 2020 to 167,367 by 2025. This will be a CAGR of 3.4% from 2020 to 2025. The largest contributor to this growth is expected to be trucks, particularly smaller-sized trucks with shorter lifespans, used extensively in parts of Asia Pacific. Underground mining equipment is similarly expected to see a CAGR of 2.3% in this same time frame, with the number of mining trucks and loaders/LHDs in active underground mines expected to rise to 19,853 by 2025. GlobalData’s extensive mine-site research and equipment models have been used to build a complete view of mobile mining equipment populations globally for trucks, loaders, graders, dozers, excavators and shovels. This report includes informative breakdowns by each major region and key mining country, and also by major commodity. Read GlobalData’s Global Surface and Underground Mining Equipment: Populations & Forecast to 2025 for a complete view of the market, allowing you to best position yourself for the future.
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The amount for purchasing the dumpers would be met out of CIL’s own finances, reported India’s PTI.

According to the news agency, the purchase package includes the cost of the dumpers and spares for eight years, as well as a one-year warranty period.

The first batch comprising six dumpers is expected to be launched within eight months of the signing of the contract.

The 96 dumpers will be added to CIL’s heavy earthmoving machinery fleet and would be deployed in South Eastern Coalfields (SECL), taking the total count of 240t dumpers to 162, out of which 66 are already in operation.

Of the total 96 dumpers, 84 dumpers would be put into operation in the Gevra project in Korba district of Chhattisgarh, India. The remaining 12 would be operated Chhattisgarh’s Kusmunda project. Both mines are open cast projects of SECL.

Dumpers are mainly used in open cast mines. They help in the transport of bulk materials such as overburden, which is an important task in open pit exploitations.

A CIL senior executive was quoted as stating: “This move is in line with improving our production and productivity in open cast mines.”

In January, the Indian Government granted environmental clearance for Coal India to proceed with 17 projects, which will produce an additional 150Mt of coal in five years.

In November 2018, the government initiated the process to sell a stake of up to 9% in Coal India as part of its plan to achieve its divestment target.

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Dig deeper with our mining equipment forecasts

As ore mines ramp up and come on stream, the total number of active surface machines (including trucks, excavators, shovels, loaders, graders and dozers) is forecast to rise from 141,470 in 2020 to 167,367 by 2025. This will be a CAGR of 3.4% from 2020 to 2025. The largest contributor to this growth is expected to be trucks, particularly smaller-sized trucks with shorter lifespans, used extensively in parts of Asia Pacific. Underground mining equipment is similarly expected to see a CAGR of 2.3% in this same time frame, with the number of mining trucks and loaders/LHDs in active underground mines expected to rise to 19,853 by 2025. GlobalData’s extensive mine-site research and equipment models have been used to build a complete view of mobile mining equipment populations globally for trucks, loaders, graders, dozers, excavators and shovels. This report includes informative breakdowns by each major region and key mining country, and also by major commodity. Read GlobalData’s Global Surface and Underground Mining Equipment: Populations & Forecast to 2025 for a complete view of the market, allowing you to best position yourself for the future.
by GlobalData
Enter your details here to receive your free Report.

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