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Coal India inks pact to procure 11 Russian electric rope shovels at Rs 1,462 crore

Coal India Limited (CIL) has closed a deal valued at nearly Rs 1,462 crore for purchase of 11 electric rope shovels (20 Cubic Metre)

Coal India inks pact to procure 11 Russian electric rope shovels at Rs 1,462 crore
Coal India inks pact to procure 11 Russian electric rope shovels at Rs 1,462 crore
  • CIL tied up a contract with Iz-Kartex named after PG Korbokov Limited, a Russian shovel manufacturing company, for the installation and commissioning of shovels
  • The delivery of all the electric rope shovels would be concluded by September 2023, said Coal India

New Delhi: In an ongoing process of modernising its ageing heavy earth moving machinery (HEMM) fleet, Coal India Limited (CIL) has closed a deal valued at nearly Rs 1,462 crore for purchase of 11 electric rope shovels (20 Cubic Metre), said Coal India in an official statement on Thursday. CIL tied up a contract with Iz-Kartex named after PG Korbokov Limited, a Russian shovel manufacturing company, for the installation and commissioning of shovels after it bagged the bid through participation in global competitive tender involving reverse auction.

The 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 finalised 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.

Russian electric rope shovels to be delivered by Sept 2023: Coal India

The delivery of all the electric rope shovels would be concluded by September 2023, said Coal India in the statement. Electric rope shovels play a vital role in opencast mines for loading the over burden removed into 190-tonne dumpers.

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“All the newly contracted 11 rope shovels would be pressed into use in the OC (opencast) 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 20,” said the statement.

Each electric shovel is priced close to Rs 133 cr

Each of the 20 Cu.M electric shovel is priced close to Rs 133 crore, 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 was formally inked in the presence of CIL Chairman Pramod Agrawal by Binay Dayal, Director (Technical), CIL, on the behalf of CIL and Yan V Tsenter, Chairman of Board of Directors representing Iz-Kartex named after PG Korbokov Limited.

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