Poland could soon strike a deal with Coal India by offering a technology for deeper underground mining. “State-run Coal India Ltd has been losing out on extracting coal due to its inability to dig deeper than 300 meters. Poland is willing to offer a technology that will allow Coal India to carry its underground mining operations up to 1000 meters,” explains Vaikundarajan, founder of VV Minerals India, one of the leading sand beach mining companies in the country.
Janusz Urbaniec, representing the Polish delegation team, has opened the talks with Coal India. An agreement could soon be reached on importing technology and equipment from Poland. Given the current circumstances, Coal India has shown a keen interest in the technology.
Furthermore, 11 companies from Cracow Chamber of Commerce and Industry will tour the eastern region engaged in mining equipment, plastic raw materials, sanitary items and tourism sector.
Vaikundarajan believes that technology for mining may restrict the industry’s potential to reach new milestones. “New technology and equipment is the need of the hour to explore deeper and put India’s mining industry on the world map. With Poland’s technology, Coal India can set a new benchmark.”