The work analyzes the performance assurance of mine hoisting machines, including the problem of the quality of performance of the functions. The quality of functioning allows evaluation of a set of properties of the process of lifting loads, designed to meet the given requirements in accordance with the purpose and evaluated performance indicators. In this case, the quality of the function depends not only on the elements that worked properly or failed during system functioning but also on the moments involving certain changes in the states of the system. The considered system of power supply of mine hoisting installations is rather complex with respect to reliability. The proposed approach allows this rather complex system to lead in terms of the form of a serial connection of elements, allowing for determining the influence of the functioning of its subsystems and electrical equipment on the technological process of cargo lifting in a coal mine. The presented mathematical concept of increasing the reliability and failure-free operation of mine hoisting plants with the help of the developed mathematical model of the mine hoisting plant allowed studying the reliability indicators of the hoisting plant operation and reserving the equipment most effectively to increase reliability. The determination of coupling coefficients in this study made it possible to analyze the impact of the reliability of electrical equipment and power supply systems on the operation of technological machines to improve the reliability of mining equipment and the efficiency of technical systems of mining equipment.