<p>State-run CIL will call for fresh bids for exploration of its two blocks in Mozambique that houses about one billion tonnes of reserves of coal.<br /><br /></p>.<p>"Coal India (CIL) will float fresh tenders for exploration of Mozambique blocks as the firm shortlisted during the second tender in June had put some additional conditions. As a result the tender became invalid," a top company official told PTI.<br /><br />The production from the twin mines is scheduled from 2015 but analysts said it may get delayed as Coal India (CIL) is yet to to zero in on a company for exploration.<br /><br />The world's largest coal producer had invited tenders twice -- first in 2010, which was cancelled due to shortcomings and the second in June, 2011 for exploratory drillings of its blocks.<br /><br />The two coal blocks -- A1 and A2 -- are spread over an area of 200 sq km and their exploration may take over two years, as per CIL. The company had planned production from blocks from 2015.<br /><br />Coal India Africana Limitada (CIAL), a wholly-owned subsidiary of CIL, had won a five year licence for exploration and development of the blocks in Mozambique in August, 2009.<br />CIL, which accounts for over 80 per cent of the domestic production, is scouting for coal properties abroad to bridge the widening demand-supply gap estimated at 142 million tonnes in the current fiscal.</p>
<p>State-run CIL will call for fresh bids for exploration of its two blocks in Mozambique that houses about one billion tonnes of reserves of coal.<br /><br /></p>.<p>"Coal India (CIL) will float fresh tenders for exploration of Mozambique blocks as the firm shortlisted during the second tender in June had put some additional conditions. As a result the tender became invalid," a top company official told PTI.<br /><br />The production from the twin mines is scheduled from 2015 but analysts said it may get delayed as Coal India (CIL) is yet to to zero in on a company for exploration.<br /><br />The world's largest coal producer had invited tenders twice -- first in 2010, which was cancelled due to shortcomings and the second in June, 2011 for exploratory drillings of its blocks.<br /><br />The two coal blocks -- A1 and A2 -- are spread over an area of 200 sq km and their exploration may take over two years, as per CIL. The company had planned production from blocks from 2015.<br /><br />Coal India Africana Limitada (CIAL), a wholly-owned subsidiary of CIL, had won a five year licence for exploration and development of the blocks in Mozambique in August, 2009.<br />CIL, which accounts for over 80 per cent of the domestic production, is scouting for coal properties abroad to bridge the widening demand-supply gap estimated at 142 million tonnes in the current fiscal.</p>