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Coal India to Import Coal From Mozambique

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10 million tons of coal from Mozambique will be imported by Coal India over the next five years as per the director Narinder Khurana. Coal India is the world’s largest coal producer and it has began to explore for coal in the north western part of Mozambique in June.

The company has prospecting rights for two blocks of 225 square kilometers and if the deposits found there are viable Coal India will invest to the tune of $400 million to extract them. The director of Coal India was speaking in an interview in Maputo which is the Mozambican capital when he mentioned that up to 3,000 people would be employed by the company if the plans went right.

The Kolkata based company is looking overseas to meet the 8 million ton coal deficit that India currently faces. There are plans to export the coal from the port of Beira at present and after 25 years from the Nacala port.

A delegation led by the Indian Coal Minister Sriprakash Jaiswal to Mozambique arrived today and included the company director Mr Khurana. The delegation is exploring coal mining opportunities in the nations of Mazambique, Zimbabwe and South Africa besides targeting supplies from Australia, Canada and USA.

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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