Maputo, Mozambique — 20 August 2013 – The president of Mozambique, Armando Guebuza, has officially inaugurated the coal mining and export business of Indian group Jindal Steel and Power Limited (JSPL) in the Changara district of the country’s Tete province.
The operations of the Jindal Group, which began in the first quarter of the year, are expected to achieve production of 3Mtpa, reports Macauhub News Agency.
Reserves discovered thus far, according to managing director Manoj Gupta, ensure that the company will eventually be able to mine 10Mtpa of coal.
The Jindal 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 hydro-electric plant.
Source: Macauhub News Agency. For more information, click here.