20,555
edits
Changes
Jump to navigation
Jump to search
SW: →Overseas coal expansion plans: - add section
* has a 76% stake in [[Kiepersol Colliery]] located near the Piet Retief town in Mpumalanga province, South Africa. The company states on its website that "the mine produces high quality anthracite and lean bituminous coal. This coal is being sold in both domestic and international markets. JSPL has been shortlisted for the 2400 MW Power Project supply to [[ESKOM]], the government owned electricity generator and supplier in South Africa."<ref>[http://www.jindalsteelpower.com/facilities/international/other-areas.aspx "Other Areas"], Jindal Steel & Power website, accessed June 2011.</ref>
* is one of the companies assessing a possible bid for [[Bandanna Energy]], a Australin Australian Stock Exchange listed company which holds 16 exploration permits in the Bowen and Galilee basins in Queensland, Australia;<ref>Utpal Bhakshar, [http://online.wsj.com/article/SB10001424052702304259304576374340626969386.html?mod=googlenews_wsj "Second phase begins in race for Bandanna"], ''Wall Street Journal'', June 8, 2011.</ref>
* is seeking to expand on its 14.% share in [[Rocklands Richfields]], an Australian company which has exploration titles to coal deposits in the Bowen Basin of Queensland and a 480,000-tonnes per annum coking coal plant located in eastern China.<ref>[http://www.business-standard.com/india/news/jindal-steel-may-be-second-time-unluckyrocklands/438601/ "Jindal Steel may be second time unlucky with Rocklands"], ''Business Standard'' (India), June 10, 2011.</ref>
* has, via subsidiaries, been awarded coal exploration licences over coal deposits in Mozambique. In a statement to the Bombay Stock Exchange it was announced that [[Jindal Resources (Mozambique)]] Ltd, "has been allotted Block-2 in Moatize district of Tete province." The licence covers an area of 1,480 hectares near the head of the [[Sena railway]] which runs to [[Beira port]]. The company stated that the exploration area was estimated to contain reserves of approximately 150 million tonnes.<ref name="J">[http://www.business-standard.com/india/news/jindal-subsidiaries-get-coal-blocks-in-mozambique-for-exploration/421172/ "Jindal subsidiaries get coal blocks in Mozambique for exploration"], ''Business Standard'' (India), January 8, 2011.</ref> Another Jindal subsidiary, [[Jindal Metal and Mining]] "had entered into a joint venture agreement with a Mozambique-based company for prospecting, exploration and mining of coal. This block is estimated to contain thermal coal reserves of around 300 million tonnes." The report did not mention the name of the joint venture partner or the specific coal exploration area.<ref name="J"/> The company is also set to build a 2 x 640 MW power plant in Tete, in Mozambique.<ref>Reggie Sikhakhane, [http://www.miningweekly.com/article/mining-boom-set-to-contribute-to-africas-infrastructure-program-and-economy-2011-11-04 "Mining boom to boost Africa’s infrastructure programme and economy"] Mining Weekly, November 4, 2011.</ref>
==Personnel==
