Coal India group launches international tender for tax consultant for its Mozambican subsidiary

21 August 2012

Indian state group Coal India (CIL) has launched an international tender to find a tax and regulatory consultancy service for its 100 percent-owned subsidiary Coal India Africana Lda. India’s Economic Times reported.

The state company plans to explore coal mines in Mozambique and for the third time recently launched a tender for exploration of the two blocks it has in the country and in which it has estimated reserves of over 1 billion tons.

The two blocks in Moatize, in Tete province, cover an area of 200 square kilometres, and the group’s original plans include launching coal mining in 2015. (macauhub)