Mozambican President inaugurates Indian group Jindal’s coal business in Mozambique

19 August 2013

The President of Mozambique, Armando Guebuza, last week officially inaugurated the coal mining and export business of Indian group Jindal Steel and Power Limited (JSPL) in the Changara district of Tete province.

The operations of the JSPL group, which began in the first quarter of the year, are expected to achieve production of 3 million tons per year.

Reserves discovered thus far, according to managing director Manoj Gupta, ensure that the company will be able to mine 10 million tons of coal per year.

Jindal’s concession, which covers an area of 17,600 hectares, involving investment of US$10 billion, will require 563 families to be re-homed.

In order to meet the electricity needs of the mining business, Jindal has built a sub-station with two 220 kilovolt lines, 40 kilometres from the sub-station of the Cahora Bassa Hydroelectric Plant. (macauhub)

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