What are the CIL’s important future projects?
Our country is not endowed with large reserves of coking coal, especially the variety essential for making steel. So, import is necessary to meet the domestic demand. We have formed International Coal Ventures, ICVL, with four other PSUs to acquire predominantly coking coal mines in Mozambique, Canada and Australia. To supplement scarcely available indigenous coking coal and low-ash, high-calorific thermal coal from abroad, ‘Coal Videsh’, a department of Coal India, was formed to take up equity stakes in working mines or greenfield projects on a production-sharing basis. Recently, we have been allocated Blocks A-1 and A-2 coalfields at Moatize in Tete Province of Mozambique. The blocks, covering around 224 sq km, are likely to have both coking and non-coking coal, which can be used in our domestic power and steel plants.
Related Questions
- I am a mechanical engineer and would like to specify FlexFlow Elbow on all of my future projects. Do you have a sample specification and detail drawings?
- Since you guys have such a strong relationship, whats the possibility of projects in the future?
- What are Human Rights Watch’s current and future projects with regards to Burma?
