NEW DELHI : State-owned CIL on Wednesday said it has entered into a pact worth ₹2,900 crore with a Belarus-based mining equipment manufacturer for purchase of dumpers. The pact is for purchase of 96 dumpers of 240 tonne capacity each, Coal India Ltd (CIL) said in a statement.
”CIL on Saturday last formally signed a major procurement pact worth ₹2,900 crore, for purchase of 96 dumpers of 240 tonne capacity each with Belaz, the Belarus-based mining equipment manufacturer,” the PSU said.
In August last year, the CIL board had given its nod for the procurement of these dumpers. The entire ₹2,900 crore investment would be funded through CIL’s own finances and includes the cost of equipment along with the spares and consumables for eight years.