Coal India is aiming to put in place a mechanism that monitors the execution of mining projects costing over Rs 150 crore.
A coal India (CIL) official said, the PSU has drafted a tender document to set up an IT- enabled system to monitor and evaluate projects.
According to an official “Comments/suggestions have been invited from parties/agencies having experience in the field of draft tender,” and added that a “meeting in this regard will also be held next month where suggestions will be taken into account for finalisation of the notice inviting tender”.
He further said that “In the first phase, the monitoring and evaluation system will be set up for projects costing Rs 150 crore or more.”
