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Coal India Ltd has sought expression of interest (EoI) for the third time from companies, to undertake drilling activities at a coal block in Mozambique.
Similar EoIs were sought in 2010 and 2011. However, the previous tenders were cancelled and no company was selected for the job due to technical reasons.
“The earlier difficulties (on tendering process) have been removed. We hope to give the contract this time,” Mr S. Narsing Rao, Chairman, Coal India, told Business Line.
Last date for submission
The last date for submission of EoI is May 25. The tender has been floated in Mozambique by CIL subsidiary, Coal India Africana Limitada (CIAL).
The blocks were bagged by Coal India in 2009 that has coal reserves of nearly one billion tonnes.
The blocks are expected to commence production from 2015. According to preliminary plan, production would begin with nearly 2 million tonnes per annum.
It would be ramped up to 20 million tonnes every year on full scale production.
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