Changes

* 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"/>  * On Feb. 4, 2011, Mozambique said it awarded the Indian company, [[Jindal Steel & Power]], a 25-year licence to explore and mine for coal in the northwest Tete province. Jindal will invest $180 million in the Tete coal mine, as part of a project that will cover 2,1540 hectares. The company is also set government will own a 10 percent stake.<ref>[http://www.reuters.com/article/2011/02/04/jindal-mozambique-idUKWEB694920110204 "India's Jindal wins 25-yr coal licence in Mozambique"] ''Reuters'', February 4, 2011.</ref> In October 2011, Jindal Steel & Power received approval from the government of Mozambique to build a 2 x ,640 MW megawatt coal-fired power plant in the Teteprovince. Under the agreement, power generated from this plant will be sold to Mozambique and the southern African region. The coal plant is expected to cost around $3 billion, and will be located in the districts of Songo and Changara. It is expected to be operational in 2015.<ref>[http://www.domain-b.com/companies/companies_j/Jindal_Steel_Power/20111004_power_plant.html "Mozambiquegovernment approves JSPL's 2,640 MW coal-fired power plant news"] Domain B, Oct. 4, 2011.</ref><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>