Jindal Group Invests $160 Million to Build Africa’s First Fully Electric Coal Mine
Mozambique Secures $160 Million Investment as Jindal Develops Africa’s First Fully Electric Coal Mine Indian billionaire Sajjan Jindal’s Jindal Group has committed $160 million to transform its Moatize coal mine in Mozambique into Africa’s first fully electric coal mining operation, marking a major step toward more efficient and lower-emission mining on the continent. The investment will fund the development of a 300-megawatt power system to electrify mining operations, coal processing facilities and rail transport infrastructure at the Vulcan-operated mine in Tete Province. Replacing diesel-powered equipment with electric systems is expected…
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