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New UserCoal India launches new phase of prospecting in Mozambique
05 May 2014
Indian state-owned company Coal India Ltd (CIL) plans to receive bids from companies interested in a new phase of prospecting in Mozambique, the company said in a statement on its website.
According to the statement, the proposals should include, as well as test drilling itself, construction of access roads and preparation of the area, as well as water transport, in two areas of the Moatize coal basin, in Tete province.
“In order to establish coal resource base, Coal India Africana Limitada (CIAL), a subsidiary of Coal India Ltd, plans to continue exploration through outsourcing. Bids are invited from the interested bidders for the job,” the statement said.
In August 2009 Coal India Africana Limitada was granted two prospecting licenses for coal blocks in Tete province for five years. The licenses cover a total area of 200 square kilometres.
The first phase of prospecting was concluded in May 2013, after its contract was awarded n November 2012.
Source: http://www.macauhub.com.mo/