INSUBCONTINENT EXCLUSIVE:
Theindustrial giant aims for the mine to produce 4.5 million tonnes of coal per year.Jindal Steel - & Power Limited (JSPL) will start
constructing a coal mine in Botswana's southeastern Mmamabula coalfields in 2022, aiming to supply the export market and a planned coal
power plant, a business authorities stated
The industrial giant aims for the mine to produce 4.5 million tonnes of coal each year
Work will begin next year and establish in phases over 2 to 3 years
Regional need is increasing and the South African market has hunger for Botswana coal, Jindal Botswana nation head Neeraj Saxena told
Reuters.Despite the international shift from coal, Botswana is pushing ahead with establishing its approximated 212 billion tonnes of coal
In April, it shortlisted Jindal, Minergy Ltd, African Energy Resources Ltd and Maatla Resources in a tender to build a 300 MW coal-fired
power plant.At the COP26 climate conference this month Botswana signed up to a worldwide dedication to minimize making use of coal, but
pulled out of a promise to stop providing brand-new coal mining licences.A last-minute intervention by India and China right before the
conclusion of the climate talks altered an asked for coal phase out to a phase down
The bidding for the 300MW power plant tender is down to 3 after Maatla Resources pulled out, citing obstacles in accessing financing among
other reasons.Australia's African Energy Resources is still in the bidding
The company plans to spin off its coal operations into an unlisted entity.Minergy, which owns the country's only operating privately-owned
coal mine, has likewise stated it will go ahead with the bid.Botswana aims to increase renewable resource's share of its electrical power
to 18 percent from the present 2 per cent over the next 20 years, and the coal plant is its only presently planned fossil fuel based power
