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Coal India to relinquish CIAL’s leasehold license areas in Mozambique

15 Jul 2015 Evaluate

Coal India (CIL), the world’s largest coal miner by output, has decided to relinquish CIAL’s leasehold license areas of 170 sq. Km in Mozambique. Coal India Africana (CIAL), a 100% subsidiary of CIL in Mozambique was allotted two leasehold licences for extraction of coal of approx. 224 sq. Km in Tete, province of Mozambique.

On the basis of Interim Geological Report prepared by CMPDIL, a 100% planning subsidiary of CIL, the board has approved to retain 54 sq. km of leashold licence area which will be of actual interest with coal bearing horizon occurring within 500 mtr depth and relinquish the remaining 170 sq. km area out of total leasehold licence area of 224 sq. Km.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.



Coal India Share Price

438.60 -0.10 (-0.02%)
03-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 438.60
NMDC 85.41
GMDC 603.05
Sandur Manganese 209.60
MOIL 282.05
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