Coal India plans to re-enter Mozambique 2016-09-23Less than a month after formalising its exit from developing coal blocks in the Tete province of Mozambique, Coal India Limited (CIL) is planning to re-enter the African country in search of a new project. According to a CIL official, the Indian miner will approach the Mozambique government for the allotment of a new coal block, but that it will seek an assurance on coal grades, after the previous coal block was found to have negligible coal content. CIL is preferring a coking coal block.
CIL seeks coking coal in S Africa as it exits Mozambique project 2016-08-30Coal India Limited’s (CIL’s) proposed collaboration with South African State-owned African Exploration Mining and Finance Corporation (AEMFC) is expected to focus on coking coal in the African nation, with India facing limited opportunity to ramp up domestic production of the dry fuel. The CIL board of directors’ approval of collaboration with AEMFC on Monday, comes close on heels of the Indian miner officially burying its coal project venture in neighbouring Mozambique.
Indiaâs CIL keen to form coal JV with S Africaâs State-owned miner 2016-08-29The board of Coal India Limited (CIL) has given the go-ahead for an agreement with South Africa’s State-owned African Exploration Mining and Finance Corporation (AEMFC) to acquire coal mines in that country. A CIL official has said that the board had directed management to convey the decision to AEMFC and to seek a date for signing an official agreement.
Sixteen Indian coal mines to be allotted 2016-03-18
Advancing its decision to open up the coal sector for commercial mining, the Indian Government will allot 16 blocks to State Public Sector Undertakings (PSUs) for development, production and sale of coal.
India mulls commercial coal mining 2016-01-10
India is fine-tuning a plan to open up commercial coal mining to private companies for the first time in four decades. It is part of the government's plan to shift the world's third-biggest coal importer towards energy self-sufficiency.