Coal India appoints Accenture for Digitalisation of mines
Coal India Ltd (CIL) has appointed Accenture Solutions Private Ltd as consultant, for digitalisation of mine process across seven select opencast mines of CIL. This move aims to accelerate performance and enhance output.
- Consultant would lead and support implementation of digitalisation and process excellence.
- It would also assure an increased coal output of 100 million tonnes (mt) from identified mines.
- It would also help in addressing roadblocks and take corrective measures.
- It seeks to extract higher volumes of coal at lower costs.
- As per contract, consultant’s success fee will be paid only after achieving more than minimum threshold level of assured quantity. Once the threshold level is crossed, consultant would be paid an agreed sum for every additional tonne of coal produced.
Aim of the move
Primary aim of the move is to fit together and use available data analytic techniques in order to raise mine productivity & efficiency. Productivity & efficiency would be raised from planning, project monitoring, operations till despatch etc.
What are these High yielding mines?
Seven mines have been identified as high yielding mines namely, Kusmunda, Gevra, Jayant, Dudhichua, Dipka of South Eastern Coalfields Ltd (SECL) and Nigahi and Khadia of Northern Coalfields Ltd (NCL). All these mines jointly accounted for 32 per cent (188 mt) of total coal output of 596 mt by CIL during FY21.
Significance of the move
This is a first of its kind initiative, utilising digitalisation to boost coal output. It will be enabled in seven select mines to transform entire business value chain of mining operations.
Month: Current Affairs - July, 2021
Category: Economy & Banking Current Affairs
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