Leveraging technology in mining sector essential for cost-saving and profitable operations

Speaking at webinar, M. Nagaraju, IAS, Additional Secretary, Ministry of Coal, mentioned that adoption of IOT & AI is essential to transform Indian Mining Sector. Till now, only a few players including Vedanta, Adani Godda are leveraging the technology.

Recently, the PHD Chamber of Commerce and Industry organised a webinar on leveraging IoT & AI in the mining sector.  During the event, M. Nagaraju, Coal ministry’s Additional Secretary, stated that there are enormous benefits of infusing AI and IoT in the mining sector which still makes use of legacy practices and technologies.

While addressing the participants, he said that as compared to other nations, India is slow to adopt newer technologies in the sector and we need to focus and invest in the technologies along with collaboration between research bodies and industry.

However, advancement of technology in the sector has already begun. A number of private and public entities have dedicated their resources for the same.

Vedanta Ltd’s Digital Logistics Control Towers for coal, alumina and other minerals use classical Machine Learning and OR (Operations Research) methods to minimise the process ineffectiveness, commodity costs, pilferages while transporting from mines through plants to ports.

On the other hand, existing technology in the mining sector is upgraded by Adani Godda as it is building a power plant based on ultra-supercritical technology. The company is leveraging technology to set up the Thermal Power Project of 1600 MW (2 X 800 MW) through SPV Adani in Godda Power (Jharkhand) Limited. This ultra-supercritical thermal power project in Godda by Adani Group will require less coal per megawatt-hour, leading to lower emissions.

With the implementation of automation and digitalisation solutions, mining companies will be enabled to produce high-quality coal and value-added products at competitive prices. Transition in technology can also emerge as a step change in health, safety & environment (HSE) performance parameters.

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