Coal India to rely on IT to track mining projects

In the first phase, the monitoring and evaluation system will be set up for projects costing INR 150 crore or more, the official has been quoted as saying.

Coal India Ltd. (CIL) is reportedly planning to put in place an Information Technology (IT) mechanism to monitor execution of mining projects that cost over Rs. 150 crore.

According to a CIL official, a tender document has been drafted by the company to set up an IT-enabled system to monitor and evaluate projects.

In the first phase, the monitoring and evaluation system will be set up for projects costing Rs. 150 crore or more, the official has been quoted as saying. 

CIL accounts for over 80% of the domestic coal output.

CIL achieved an output of 229.54 mt in the first six months of FY16, missing its target of 235.49 mt. 

Coal India’s output target for FY16 stands at 550 mt as against the recorded figure of 494.23 mt in FY15.

In the last fiscal year, CIL added 32 million tonnes, more than the cumulative growth of four years