Coal India group plans to start exporting coal from Mozambique in 2015

23 September 2011

New Delhi, India, 23 Sept – The India Coal group Wednesday announced it planned to mine 5 million tons of coal per year t two blocks in Mozambique in 2015 and added that it planned to buy more coal deposits in the country, according to Indian newspaper The Economic Times.

The group was granted two coal blocks in August 2009 following an international tender launched by the Mozambican government.

“We plan to start production in the two blocks in 2015 and we expect to have production of 5 million tons per year in the two blocks,” said the chairman of the Coal India group on the sidelines of a coal conference in New Delhi.

N. C. Jha also said that the two blocks contained estimated coal reserves of 1 billion tons. (macauhub)