NEW DELHI: Unhappy over Coal India NSE 0.64 % arm Central Coalfields Ltd (CCL) in Jharkhand hiring machinery worth Rs 859 crore in a year, a parliamentary panel has sought reasons behind such a move when its own equipment were not utilised fully. The 22-member panel headed by BJP MP Meenakashi Lekhi while tabling its latest report on public undertakings has also suggested that CCL NSE -0.84 % may offer its machinery on hire if not used for fetching revenue.
CCL spent Rs 859 crore on hiring of plant and equipment during 2018-19 while no independent study was undertaken to assess the comparative cost effectiveness in hiring of (heavy earth moving machinery) HEMMs or owning these equipment, the panel said.
