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Our Bureau

Hyderabad , Nov. 17

Gulf Oil Corporation Ltd, a Hinduja Group company, has been awarded mining projects worth Rs 300 crore - Rs 110 crore from Singareni Collieries Company Ltd (SCCL) and Rs 190 crore from Coal India Ltd.

SCCL is the first company to introduce outsourcing of mining services for open cast mines.

Coal India has followed the off-loading model of SCCL, commencing activities from one of its larger subsidiaries, Northern Coalfields Ltd (NCL) in Madhya Pradesh.

In the latest order, through NCL, the company has been able to get the largest single off-loading assignment in the country till date involving 300 lakh cubic m of over-burden removal at the Dudhichua coal mines over three years.

The work is proposed to start in January 2007.

The company order book is now pegged at Rs 400 crore. It recently cleared a capital expenditure of Rs 75 crore for equipment.

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