RNS: Coal India Limited (CIL) has signed an agreement with Rs.1472 Crore on the further modernization of its outdated, heavy-earth-moving machinery on Wednesday for the pursuit of eleven 20 Cubic Meter Electric Clothing shovels.
CIL tied up a contract with Iz-Kartex named after PG Korbokov Limited, a Russian shovel manufacturing company for installation and commissioning of the shovels after it bagged the bid through participation in a global competitive tender involving reverse auction. Contract has been concluded considering life cycle cost of equipment with likely consumables and spares for a period of eight years.
“This is the first major equipment procurement finalized in the ongoing fiscal so far. We are fast tracking our procurement process in a bid to strengthen our mining equipment and replace the aging machines” said an official of CIL.
The delivery of all the electric rope shovels would be concluded by September 2023.
Electric rope shovels play a vital role in opencast mines for loading the over burden removed into 190 ton dumpers.
All the newly contracted eleven rope shovels would be pressed into use in the OC projects of Northern Coalfields Limited (NCL). While three each of the machines would be put into operation in Nigahi, Dudhichua and Jayant one each would be used in Khadia and Amlorhi. With already nine such shovels operational in NCL the latest acquisition would swell their number to twenty.
Each of the 20 Cu.M electric shovels is priced close to Rs.133 Crores including the landed value of the equipment, spares and consumables for eight years. The first machine will roll out in NCL in June 2022 and thereafter at least one each every 45 days. The complete delivery is scheduled by September 2023 as per the contract.
The contract, in the presence of Chairman CIL, was formally inked by Binay Dayal, Director (Technical), CIL on behalf of CIL and Yan V Tsenter, Chairman of Board of Directors representing Iz-Kartex named after P.G. P.G. Korbokov Limited.