Board relinquishes 170 sq. km area of leasehold licence for extraction of coal in Tete, Mozambique
Coal India announced that Coal India Africana, a 100% subsidiary of Coal India (CIL) in Mozambique was allotted two leasehold licences for extraction of coal of approx. 224 sq. Km in Tete, province of Mozambique.In the 316th Board meeting held on 04 July 2015, on the basis of Interim Geological Report prepared by CMPDIL, a 100% planning subsidiary of CIL, Board has approved to retain 54 sq. km of leashold licence area which will be of actual interest with coal bearing horizon occuring within 500 mtr depth and relinquish the remaining 170 sq. km area out of total leasehold licence area of 224 sq. Km.
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