According to Business Line, CIL has decided to dilute a fraction of its $11 billion cash reserve to ramp up production by 180 million metric tons in five years. A tender for acquiring 77 190-ton haul trucks is in advanced stages of consideration. Expectation is rife that tenders may soon be floated for the purchase of 30 more 240-ton haul trucks and nearly 15 wheel dozers. Also on the cards is the purchase of 70 190-ton haul trucks, primarily for Northern Coalfields; 20 320- to 360-ton haul trucks for South Eastern Coalfields and Mahanadi Coalfields, and 150-ton haul rucks for Eastern Coalfields.
