CIL places Rs 2,900 crore equipment order on Belaz
New Delhi: Coal India NSE 0.11 % Limited (CIL NSE 4.48 %) has placed a Rs 2,900 crore order for purchase of 96 dumpers of 240-tonne capacity on Belarus-based mining equipment manufacturer Belaz.
The amount for the purchase of the dumpers would be met out of the company’s own finances. Dumpers are primarily used in opencast mines and aid in the transport of bulk materials like over burden, which is an important performance criterion. The Maharatna company’s board has given its nod to close the deal and letter of award has been issued, a senior company executive said.
