IIT ISM signs MoU with CIL for setting up IMiN excellence centre

| | Dhanbad
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IIT ISM signs MoU with CIL for setting up IMiN excellence centre

Friday, 30 August 2024 | Pankaj | Dhanbad

Coal India Limited, IIT-ISM  and TEXMiN  have forged a strategic alliance to establish "IMiN - Innovation on Mining" Center of Excellence for Mining 4.0

The MoU was signed on behalf of CIL  by Dr. B. Veera Reddy, Director (Technical) in  presence of PM Prasad, Chairman and TEXMiN IIT(ISM) Dhanbad, Prof Sukumar Mishra, Director, IIT (ISM) Dhanbad & Chairman, HGB &BoD, TEXMiN, signed the MoU. He was joined by Prof. Dheeraj Kumar, Project Director TEXMiN & Deputy Director, IIT(ISM) Dhanbad. Others present were Alok Lalit Kumar, Executive Director (Production), Chaudhary Shivraj Singh, General Manager (Corporate Planning), Dr. Achyut Ghatak, Director (Technical/RD&T), CMPDI Ranchi besides Prof. RM Bhattacharjee, Additional Director, TEXMiN & Dean IRAA, IIT(ISM) Dhanbad and Suraj Prakash, CEO, TEXMiN besides others।

This collaboration will focus on developing innovative technologies and research infrastructure in niche areas of national and international importance
The IMiN Center of Excellence aims to enhance mining productivity, safety, and sustainability by integrating advanced digital solutions and driving digital transformation in mining through CPS-based technologies.
Coal India Limited (CIL) has entered into a landmark collaboration with the Indian Institute of Technology (Indian School of Mines), Dhanbad [IIT(ISM)], and the Technology Innovation in Exploration and Mining Foundation
(TEXMiN) through the signing of a Memorandum of Understanding (MoU), aiming to revolutionize the Indian mining sector by leveraging cutting-edge technologies.
As a result of this collaboration, CIL will enable IIT(ISM) Dhanbad and TEXMiN to establish the "IMiN - Innovation on Mining" Center of Excellence for Mining 4.0 at TEXMiN, IIT(ISM) Dhanbad. This state-of-the-art center will serveas a pivotal hub for fostering start-up ecosystems, capacity building, and advancing technology and process development. The primary goal will be to unlock the full potential of digital transformation in the mining and metals sector, steering it towards a more sustainable and efficient future.
The IMiN Center of Excellence will not only pioneer digital solutions but also act as a catalyst in addressing the core challenges faced by CIL. By integrating Cyber Physical System (CPS)-based technologies, IMiN will focus onmodernizing mining methods, thereby enhancing productivity, improving safety standards, and advancing the overall sustainability of mining operations.

 P M Prasad  emphasized the strategic importance of this initiative, stating, “IMiN would be a vital strategic asset to serve as the primary vehicle for managing complex change initiatives for implementing Mining 4.0 in the Indian mineral sector using CPS-based technologies with a vision to Create a best practices hub for mine digitalization of the entire mining value chain and adoption of the latest digital technologies including the department of mines, mine operators, students, research community and start-ups”.

IIT ISM  professor Mishra director too expressed satisfaction over  MoU and stated that it would help open a new era in the mining sector of the country.

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