MAJOR COAL PRODUCING COMPANIES IN INDIA

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INDIAN MINING & CONSTRUCTION EQUIPMENT INDUSTRY

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BACKGROUND & HISTORICAL TRENDS Construction and mining equipment cover a variety of machinery such as hydraulic excavators, wheel loaders, backhoe loaders, bull dozers, dump trucks, tippers, graders, pavers, asphalt drum / wet mix plants, breakers, vibratory compactors, cranes, fork lifts, dozers, off-highway dumpers (20T to 170T), drills, scrapers, motor graders, rope shovels etc. They perform a variety of functions like preparation of ground, excavation, haulage of material, dumping/laying in specified manner, material handling, road construction etc. These equipments are required for both construction and mining activity. With a wide production capacity base, India is perhaps the only developing country, which is totally self-reliant in such highly sophisticated equipment. India has only a few, mainly medium and large companies in the organized sector who manufacture these. The technology barriers are high, especially with respect to mining equipment and therefore the role of SM...
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GENERAL MCQ ABOUT CIL

1) How many percent shares does the Union Government of India   owns in CIL ? a) 85.65%             b) 95.65%            c) 79.65%             d) 75.65% 2) When was CIL was conferred the   Maharatna   status by the Union Government of India? a) April 2011       b) Nov 2011        c) April 2012        d) Nov 2012 3) When was CIL was included in the 30-member   BSE SENSEX   ? a) 8 August 2010               b) 8 August 2011               c) 8 August 2012    d) 8 August 2013 4) Production from open cast mines of CIL during 2014-15 was...
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Coal India eyeing solar power shift

Top coal miner Coal India has reportedly entered into a joint venture with fellow miner, state-owned NLC India, to close smaller operations and “aggressively” engage in solar energy as it watches its core commodity continue its downward trend. COAL INDIA LTD. plans to invest about 60 billion rupees (US$825.8 million) in a 3,000-megawatt solar capacity project by March 2024. Its partner will earmark US$1.73 billion (125 billion rupees). CIL said it will continue to close small mines and avoid any new project openings that would require mass hirings. According to  Reuters , the operator has already sliced 18,600 jobs over a three-year period through March 2020 when it idled 82 mining operations. Further workforce reductions will be seen, he told the wire service, at the rate of 13,000 to 14,000 per year, and that saved capital will be put into its solar mission. "Coal as you know, we're going to lose business in the next two, three decades," Agarwal told the news agency. ...
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