New Delhi, India, 7 Feb – Indian state group Coal India Ltd. (CIL) plans to launch a public tender this month to hire a company to start assessing the coal reserves available in two coalfields in Mozambique, The Economic Times reported in New Delhi.
The paper said that evaluation of the reserves, by carrying out exploratory drilling, would begin in May, with coal mining scheduled to begin in 2015.
Citing a source from the group, The Economic Times said that during a visit to Mozambique in January by India’s Coal minister, Sriprakash Jaiswal, the Indian government had received the schedule for assessment of coal reserves in the two blocks, which are estimated at 1 billion tons.
After exploratory drilling carried out this year, in 2012 a more detailed evaluation will be carried out to quantify actual reserves, the exploration plans for the two blocks will be prepared in 2013 and exploration will begin at the end of 2014 or beginning of 2015, the Indian newspaper reported.
The CIL group was granted the two oil blocks in August, 2009 following an international public tender launched by the Mozambican government. (macauhub)