Coal India’s measures to prevent theft by electronically ‘fencing’ mining areas and fitting trucks with a GPS-based tracking system will be finished by the end of April, a government official said. As much as a fifth of the state-run company’s annual output is stolen, costing it up to $1 bln yearly and feeding a huge black market. Coal India’s modernisation plan includes tracking trucks and using Google maps to ‘fence’ mines, alerting managers if a truck diverts from its route. Coal Secretary Anil Swarup said reducing the coal stolen and improving the quality of coal sold were top priorities. Coal India, the world’s largest miner, wants to nearly double output to a billion tonnes by 2020. It has already spent more than half its targeted budget of $45 million on an overhaul.
FlashNews:
AM/NS India Wins First PM‑SETU Approval, as Andhra Pradesh Leads ITI Transformation
NHAI Finalises Highway Monetisation Plan for FY2026‑27
Sonowal Launches Port Performance Index, Digital Maritime Reforms to Boost Competitiveness
MGL and Fourth Partner Energy Ink MoU for Clean Energy Push
IGIA Deploys SKYCAST, India’s First Next‑Gen All‑Weather Station to Boost Aviation Safety
REC Signs MoU with ERDA to Strengthen Quality Assurance under RDSS
SEIL Energy India Hosts South India’s First C&I Conference
AM/NS India Sets Global Benchmark with Ultra‑High Strength Welded Pipes
CleanMax Raises $575 Million for 1 GW Renewable Push in Rajasthan and Karnataka
ADR Adopted at BRICS Meet, Meghwal Pedals for Sustainability
The New Power Corridor
Mumbai’s Rooftop Solar Revolution: Tata Power Consumers Slash Bills by 50%
GAIL Posts ₹69.68 Billion Profit for FY2025-26 Amid Global Headwinds
RRP Defense Secures ₹298 Million BEL Order for Germanium Lenses
Noida International Airport: India’s New Visiting Card
India, Korea Ink Landmark MoU for Thoothukudi Mega Greenfield Shipyard
Air India Slashes 29 International Routes Amid ATF Price Surge
WABAG, PEAK Partner on Ghaziabad Bio-CNG Plant to Boost Energy Security
DFCCIL, ICFAI Forge Partnership to Drive Innovation in Logistics
Home » Coal India to get anti-theft technology by end April
Coal India to get anti-theft technology by end April
Coal & Mining
April 1, 2016April 1, 2016


Leave a Reply
You must be logged in to post a comment.