We actively entered the mining vertical in Fiscal 2011. As part of our business in this vertical, we specialize in blast-hole drilling, removal of overburden, removal of inter-burden and excavation of coal and lignite.
The company has executed OB removal and excavation projects in the past and its current projects include projects from GMDCL and Northern Coalfields Limited. While we have been traditionally focused on undertaking mining infrastructure projects on EPC basis, we also undertake MDO activities for mining project. Our Barjora (North) Coal Mine Project involves development, operation and maintenance on MDO basis of a three MT per annum open cast coal mine situated in Bankura district of West Bengal.
India is the third largest energy consumer after China and the US. Like many developing countries, coal is the dominant energy source of the country’s consumption basket, because of its abundant domestic availability and affordability. India is the third-largest coal producer in the world. India's total coal production rose to ~662 million tonne (MT) in Fiscal 2017 from ~556 MT in Fiscal 2013, with Coal India Ltd (CIL) accounting for bulk of the increase.
The new coal allocation policy for the power sector, 2017 - SHAKTI (Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India), proposes to replace the old linkage allocation policy with more transparent bidding-based linkages.